NOT LISTED FOR SALE

401 E Palm Rd Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,533,879 - $1,990,000

5 Beds
3.5 Baths
2,830 Sq Ft
$613/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $835,000 $295 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $10,216/month

138 Days on Market

Highlights

  • Spa
  • Recreation Room
  • Porch
  • Deck
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of September 2020

Breathtaking views from multiple decks in this 3 story, 5 bedroom house. Too many features to mention including in ground Jacuzzi, 1st and 2nd floor living/entertainment areas with a service bar on 2nd floor. 6 decks including a roof top deck with ocean views. Large master bedroom with spacious bathroom and walk in closets. Hardwood & tile floors, new carpet, and freshly painted. *Only steps to the ocean* Great location near Centennial Park too!

Last Agent to Sell the Property

Sharon Palmisciano

BALSLEY/LOSCO Listed on: 03/10/2020

BALSLEY/LOSCO

Co-Listed By

Adam Palmisciano

BALSLEY/LOSCO License #7937845

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 50x100
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recreation Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Stove
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Porch, Whirlpool/Spa
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 50x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Sep 11, 2020
Sold by
Shore Mgmt Co De Vly Inc
Bought by
Contino Carl and Contino Laurie A
Seller's Agent
Sharon Palmisciano
BALSLEY/LOSCO
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$884,500
Sold Price
$835,000
Premium/Discount to List
-$49,500
-5.6%
Current Estimated Value
$1,734,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$899,960
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Mar 5, 2019
Sold by
Nolan Robert A
Bought by
Shore Management Co

Purchase Details

Closed on
Feb 26, 2007
Sold by
The Palm Beach Villas Development Group
Bought by
Riiff Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Patitucci John and Patitucci Florence
Bought by
The Palm Beach Villas Development Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500,000
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Contino Carl $835,000 Misc Company
Shore Management Co $644,000 --
Riiff Joseph $1,665,000 Freedom Title & Abstract
The Palm Beach Villas Development Group $4,000,000 Freedom Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riiff Joseph $1,165,500
Previous Owner The Palm Beach Villas Development Group $11,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $835,000 -5.6% $295 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $884,500 -- $313 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,080 $916,600 $421,200 $495,400
2024 $13,080 $916,600 $421,200 $495,400
2023 $12,887 $916,600 $421,200 $495,400
2022 $12,521 $916,600 $421,200 $495,400
2021 $12,154 $916,600 $421,200 $495,400
2020 $11,815 $916,600 $421,200 $495,400
2019 $11,723 $916,600 $421,200 $495,400
2018 $11,531 $916,600 $421,200 $495,400
2017 $11,302 $916,600 $421,200 $495,400
2016 $10,944 $916,600 $421,200 $495,400
2015 $10,779 $916,600 $421,200 $495,400
2014 $10,541 $916,600 $421,200 $495,400
Source: Public Records

Agents Affiliated with this Home

  • Sharon Palmisciano

    Seller's Agent in 2020

    Sharon Palmisciano

    BALSLEY/LOSCO

    (609) 703-1358

    2 in this area

    49 Total Sales

    Sharon Palmisciano
    Section Image
  • Adam Palmisciano

    Seller Co-Listing Agent in 2020

    Adam Palmisciano

    BALSLEY/LOSCO

    (609) 383-9220

    1 in this area

    14 Total Sales

    Adam Palmisciano
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 535120

South Jersey Shore Regional MLS

APN: 15-00056-03-00001

New Jersey Cape May County Wildwood 08260 The Wildwoods

401 E Palm Rd, Wildwood, NJ

Not Listed for Sale

Detached

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