NOT LISTED FOR SALE

407 E Monterey Ave Unit 302 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $773,000 - $845,000

3 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold April 06, 2018

Last sale price $465,000

Est. 76% increase in value since last sale

Current estimated payment $4,995/month

4 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Property is near a beach
  • Island Location
  • Furnished

About This Home

As of April 2018

This home is located at 407 E Monterey Ave Unit 302, Wildwood, NJ 08260 since 09 February 2018 and is currently estimated at $820,379. This property was built in 2009. 407 E Monterey Ave 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

Jessica Lees

LEES REAL ESTATE License #9803301 Listed on: 02/09/2018

Last Buyer's Agent

Teresa DiPeso

LONG & FOSTER REAL ESTATE, INC nww License #9909900

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 2009

Lot Details

  • 0.33

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Carport

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 7 / 118

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,473

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2009
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 407
  • Selling Agent1: 490
  • Selling Office1: 609
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2009

Interior Features

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

Garage/Parking

  • Parking: Carport, 1 Car

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 302
  • Common Area Features: Elevator, Patio, Deck/Porch, Storage Facilities, Cable TV, Pool, Clubhouse/Clubroom
  • Condo Fees: 348.40/mo
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Foyer, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 7
  • Zoning: M-1B

Tax Info

  • Taxes: 6473.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 23, 2018
Sold by
Est Clark J Ingrid and Durfy Ex Brian
Bought by
Potaris George and Potaris Christine
Seller's Agent
Jessica Lees
LEES REAL ESTATE
Buyer's Agent
Teresa DiPeso
LONG & FOSTER REAL ESTATE, INC nww
List Price
$449,900
Sold Price
$465,000
Premium/Discount to List
$15,100
3.36%
Current Estimated Value
$820,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,379
Avg. Annual Appreciation
8.29%
Original Mortgage
$372,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2011
Sold by
Montery Avenue Associates L P
Bought by
Clark Ingrid J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Potaris George $465,000 --
Clark Ingrid J $407,000 Freedom Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potaris George $358,000
Closed Potaris George $362,000
Closed Potaris George $372,000
Previous Owner Clark Ingrid J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $465,000 +3.4% --
03/07/2018 03/07/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $449,900 -- --
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 $7,492 $525,000 $350,000 $175,000
2024 $7,492 $525,000 $350,000 $175,000
2023 $7,382 $525,000 $350,000 $175,000
2022 $7,172 $525,000 $350,000 $175,000
2021 $6,962 $525,000 $350,000 $175,000
2020 $6,767 $525,000 $350,000 $175,000
2019 $6,715 $525,000 $350,000 $175,000
2018 $6,605 $525,000 $350,000 $175,000
2017 $6,473 $525,000 $350,000 $175,000
2016 $6,269 $525,000 $350,000 $175,000
2015 $6,174 $525,000 $350,000 $175,000
2014 $6,038 $525,000 $350,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jessica Lees

    LEES REAL ESTATE

    (609) 723-5087

    207 in this area

    217 Total Sales

    Jessica Lees
    Section Image
  • Teresa DiPeso

    Buyer's Agent in 2018

    Teresa DiPeso

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 780-1434

    36 in this area

    49 Total Sales

    Teresa DiPeso
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 180299

Cape May County Association of REALTORS®

APN: 15-00118-02-00007-0000-C0302

New Jersey Cape May County Wildwood 08260 The Wildwoods

407 E Monterey Ave Unit 302, Wildwood, NJ

This home is located at 407 E Monterey Ave Unit 302, Wildwood, NJ 08260 since 09 February 2018 and is currently estimated at $820,379. This property was built in 2009. 407 E Monterey Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes