NOT LISTED FOR SALE

401 Farragut Rd Unit 302 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $732,205 - $884,000

3 Beds
2 Baths
1,208 Sq Ft
10,019 Sq Ft Lot

Last Sold March 17, 2017

Last sale price $348,000 $288 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,574/month

25 Days on Market

Highlights

  • Property is near a beach
  • Corner Lot
  • Living Room
  • Island Location
  • Elevator
  • Laundry Room

About This Home

As of March 2017

This home is located at 401 Farragut Rd Unit 302, Wildwood, NJ 08260 since 09 January 2017 and is currently estimated at $793,051, approximately $656 per square foot. This property was built in 2005. 401 Farragut Rd Unit 302 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Lisa Ransom

ATLANTIS REALTY License #0446447 Listed on: 01/09/2017

Last Buyer's Agent

David Kinsey

BERKSHIRE HATHAWAY HS FOX & ROACH sh

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,181

Year Built

  • Built in 2005

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Interior Spaces

  • 1,208 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Location

  • Island Location

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 97

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,181

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 15-Wildwood Crest
  • Near: BEACH
  • Also Includes: Drapes, Curtains, Blinds, Partial Furniture
  • Estimated Year Built: 2005
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1208
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Cable TV, Outside Shower
  • Condo Fees: 360 Month
  • Unit Features: Tile Floors
  • Unit Location: Corner, Top Floor

Lot Info

  • Lot Number: 1
  • Zoning: M-1

Tax Info

  • Taxes: 4181
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 19, 2017
Sold by
Pierson Joseph A and Pierson Cary Elizabeth
Bought by
Santella Mark E and Santella Susan D
Seller's Agent
Lisa Ransom
ATLANTIS REALTY
Buyer's Agent
David Kinsey
BERKSHIRE HATHAWAY HS FOX & ROACH sh
List Price
$359,900
Sold Price
$348,000
Premium/Discount to List
-$11,900
-3.31%
Current Estimated Value
$793,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,051
Avg. Annual Appreciation
10.03%
Original Mortgage
$278,400
Outstanding Balance
$231,693
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$561,358

Purchase Details

Closed on
Aug 25, 2014
Sold by
Joyce John J and Joyce Kathleen A
Bought by
Pierson Joseph A and Pierson Cary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Moore Andrew J and Moore Amy C
Bought by
Joyce John J and Joyce Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Santella Mark E $348,000 Mutual Title Agency Inc
Pierson Joseph A $340,000 Shore Title Agency Inc
Joyce John J $380,000 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santella Mark E $278,400
Previous Owner Pierson Joseph A $306,000
Previous Owner Joyce John J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $348,000 -3.3% $288 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $359,900 -- $298 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $5,074 $355,600 $210,000 $145,600
2024 $5,074 $355,600 $210,000 $145,600
2023 $5,000 $355,600 $210,000 $145,600
2022 $4,858 $355,600 $210,000 $145,600
2021 $4,715 $355,600 $210,000 $145,600
2020 $4,584 $355,600 $210,000 $145,600
2019 $4,548 $355,600 $210,000 $145,600
2018 $4,473 $355,600 $210,000 $145,600
2017 $4,385 $355,600 $210,000 $145,600
2016 $4,246 $355,600 $210,000 $145,600
2015 $4,182 $355,600 $210,000 $145,600
2014 $4,089 $355,600 $210,000 $145,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 174008

Cape May County Association of REALTORS®

APN: 15-00097-02-00001-0000-C0302