NOT LISTED FOR SALE

407 E Monterey Ave Unit 301 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $817,000 - $899,000

3 Beds
2 Baths
1,417 Sq Ft
$398/mo HOA Fee

Last Sold January 15, 2021

Last sale price $525,000 $371 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,503/month

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Water Oriented
  • Gourmet Kitchen
  • Furnished

About This Home

As of January 2021

location, Location, LOCATION! VIEWS! WOW. Just walk out right onto the beach! This condo is complete with its deck overlooking Beach & Ocean...as well as the breathtaking sunsets over the bay... narrowest part of the Island with expansive views. Wide Open Floor Plan... Living Room, Kitchen & Dining Room, - Large master suite and 2 additional bedrooms and another full bath and laundry. 5th Floor/Rooftop pool and deck boasts an owners' pool/clubhouse and bathroom. This is absolutely turn-key. Gently Rented and lovingly maintained. Association is strong and has property management included in HOA along with common area insurances, pool maintenance and security cameras. Don't Wait. Don't Hesitate... or it really WILL be too late! HURRY. Nothing else like this one on the Island... Home is being sold furnished, including electronics - less decor and personal possessions. TOUR: https://youtu.be/xG5UBfpZa4s

Last Agent to Sell the Property

Livian One Team

Keller Williams Realty - Washington Township Listed on: 11/18/2020

Keller Williams Realty - Washington Township

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,091

Year Built

  • Built in 2009

Lot Details

  • Building is oceanfront but unit may not have water views

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,417 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 15-00118 02-00007-C0301

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, trash
  • Mid-Rise Condominium
  • None Available Subdivision
  • Property has 5 Levels

Amenities

  • Community Center
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,091

Year Built

Built in 2009

Lot Details

0

HOA Fees

$398 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: Decor & Personal Possessions
  • Inclusions: All existing appliances: Range, Refrigerator, Microwave, Dishwasher, Washer & Dryer; Furniture
  • New Construction: No
  • Story List: Main
  • Year Built: 2009
  • Automatically Close On Close Date: No
  • Remarks Public: location, Location, LOCATION! VIEWS! WOW. Just walk out right onto the beach! This condo is complete with its deck overlooking Beach & Ocean...as well as the breathtaking sunsets over the bay... narrowest part of the Island with expansive views. Wide Open Floor Plan... Living Room, Kitchen & Dining Room, - Large master suite and 2 additional bedrooms and another full bath and laundry. 5th Floor/Rooftop pool and deck boasts an owners' pool/clubhouse and bathroom. This is absolutely turn-key. Gently Rented and lovingly maintained. Association is strong and has property management included in HOA along with common area insurances, pool maintenance and security cameras. Don't Wait. Don't Hesitate... or it really WILL be too late! HURRY. Nothing else like this one on the Island... Home is being sold furnished, including electronics - less decor and personal possessions. TOUR: https://youtu.be/xG5UBfpZa4s
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island
  • Levels Count: 5
  • Basement: No
  • Total Sq Ft: 1417
  • Living Area Sq Ft: 1417
  • Price Per Sq Ft: 366.97
  • Above Grade Finished Sq Ft: 1417
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Concrete
  • View: Ocean, Panoramic, Water
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1194.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Elevator, Extra Storage, Party Room, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: WILDWOOD CREST SCHOOLS
  • School District Key: 300200396109
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 150000.00
  • Land Assessed Value: 322500.00
  • Lot Dimensions: 160.00 x 90.00
  • Year Assessed: 2020
  • Zoning: M-1B

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 6892421
  • Tax Annual Amount: 6091.00
  • Assessor Parcel Number: 15-00118 02-00007-C0301
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1417
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/15/2021

MLS Schools

  • School District Name: WILDWOOD CREST SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 7, 2021
Sold by
Clementi Guido V and Fanelli John F
Bought by
Perry Suzanne M
Seller's Agent
Livian One Team
Keller Williams Realty - Washington Township
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Current Estimated Value
$852,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,722
Avg. Annual Appreciation
10.97%
Original Mortgage
$275,000
Outstanding Balance
$246,560
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$606,162

Purchase Details

Closed on
Oct 31, 2011
Sold by
Montery Avenue Associates L P
Bought by
Clementi Guido J and Fanelli John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perry Suzanne M $525,000 Surety Title
Clementi Guido J $481,500 Freedom Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Suzanne M $275,000
Previous Owner Clementi Guido J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $525,000 +1.0% $371 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $520,000 -- $367 / Sq Ft
Source: Bright 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 $6,743 $472,500 $322,500 $150,000
2024 $6,743 $472,500 $322,500 $150,000
2023 $6,643 $472,500 $322,500 $150,000
2022 $6,454 $472,500 $322,500 $150,000
2021 $4,745 $472,500 $322,500 $150,000
2020 $6,445 $500,000 $350,000 $150,000
2019 $6,395 $500,000 $350,000 $150,000
2018 $6,290 $500,000 $350,000 $150,000
2017 $6,165 $500,000 $350,000 $150,000
2016 $5,970 $500,000 $350,000 $150,000
2015 $5,880 $500,000 $350,000 $150,000
2014 $5,750 $500,000 $350,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM104584

Bright MLS

APN: 15-00118-02-00007-0000-C0301