$850,000
SOLD FEB 13, 2025
3 Beds
2 Baths
-- Sq Ft
$726/mo HOA Fee

Recently Sold

6% Below List Price

152 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Property near a bay
  • Island Location
  • Corner Lot

About This Home

As of February 2025

This home is located at 407 E Monterey Ave Unit 304, Wildwood Crest, NJ 08260 and is currently priced at $850,000. This property was built in 2009. 407 E Monterey Ave Unit 304 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

Marguerite Byron-Alosi

HOFFMAN AGENCY Listed on: 08/27/2024

Last Buyer's Agent

Rose Simila

HOME AND HEART REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 2009

HOA Fees

  • $726 Monthly HOA Fees

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 7 / 118.02

Community Details

Amenities

  • Community Deck or Porch
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,834

Year Built

Built in 2009

Lot Details

0

HOA Fees

$726 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Corner, Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Partial Furniture
  • Estimated Year Built: 2009
  • Bay Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2009

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, 1777
  • Number Of Stories: Other
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Electric, Forced Air
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Clubhouse/Clubroom
  • Condo Fees: 726.00
  • Unit Features: Kitchen Center Island, Tile Floors

Lot Info

  • Lot Number: 7

Tax Info

  • Taxes: 7834.5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Feb 11, 2025
Sold by
Marone Vincent A and Marone Lorraine
Bought by
Franke Paul A and Franke Shannon
Seller's Agent
Marguerite Byron-Alosi
HOFFMAN AGENCY
Buyer's Agent
Rose Simila
HOME AND HEART REALTY LLC
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Views
153
Current Estimated Value
$892,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,160
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
May 7, 2019
Sold by
Seabold Llc
Bought by
Marone Vincent A and Marone Lorraine

Purchase Details

Closed on
Feb 12, 2010
Sold by
Montery Avenue Associates L P
Bought by
Seabold Llc
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 Type Sale Price Title Company
Deed $850,000 Foundation Title
Deed $850,000 Foundation Title
Deed $480,000 --
Deed $731,500 Freedom Title & Abstract Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $850,000 -4.4% --
01/26/2025 01/26/25 Pending -- -- --
12/31/2024 12/31/24 Price Changed $889,000 -1.2% --
08/27/2024 08/27/24 For Sale $899,900 -- --
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 $7,955 $575,000 $350,000 $225,000
2024 $7,955 $575,000 $350,000 $225,000
2023 $7,835 $575,000 $350,000 $225,000
2022 $7,605 $575,000 $350,000 $225,000
2021 $7,375 $575,000 $350,000 $225,000
2020 $7,412 $575,000 $350,000 $225,000
2019 $7,354 $575,000 $350,000 $225,000
2018 $7,234 $575,000 $350,000 $225,000
2017 $7,090 $575,000 $350,000 $225,000
2016 $6,866 $575,000 $350,000 $225,000
2015 $6,762 $575,000 $350,000 $225,000
2014 $6,613 $575,000 $350,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 242528

Cape May County Association of REALTORS®

APN: 15-00118-02-00007-0000-C0304