NOT LISTED FOR SALE

407 E Palm Rd Unit 204 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $775,319 - $855,000

3 Beds
2 Baths
1,500 Sq Ft
$450/mo HOA Fee

Last Sold August 07, 2020

Last sale price $465,000 $310 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,298/month

50 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Community Pool
  • Property is near a beach
  • Furnished
  • Elevator

About This Home

As of August 2020

This home is located at 407 E Palm Rd Unit 204, Wildwood, NJ 08260 since 12 May 2020 and is currently estimated at $829,830, approximately $553 per square foot. 407 E Palm Rd Unit 204 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

John Koch

CENTURY 21 ALLIANCE wc License #9803574 Listed on: 05/12/2020

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Judith Suder

CENTURY 21 ALLIANCE wc License #0673469

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,870

Lot Details

  • 44

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Property is near a beach

Listing and Financial Details

  • Legal Lot and Block 03 / 56

Community Details

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,870

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 15-Wildwood Crest
  • Near: Ocean
  • Also Includes: Blinds, Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1500
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Storage Space, 1st Floor Master Bedroom

Garage/Parking

  • Parking: Carport, 2 Car

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Pool
  • Condo Fees: 450
  • Unit Features: Handicap Features, Hardwood Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 03

Tax Info

  • Taxes: 4870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Aug 4, 2020
Sold by
Kim Don S and Kim Hui S
Bought by
Rothberg Jay and Rothberg Leslie
Seller's Agent
John Koch
CENTURY 21 ALLIANCE wc
Buyer's Agent
Judith Suder
CENTURY 21 ALLIANCE wc
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%
Current Estimated Value
$835,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,677
Avg. Annual Appreciation
11.41%

Purchase Details

Closed on
Jan 14, 2009
Sold by
U S Bank National Association
Bought by
Kim Don Sang and Kim Angela Hui Sook

Purchase Details

Closed on
Oct 8, 2008
Sold by
Nasuti Robert
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
The Palm Beach Villas Development Group
Bought by
Nasuti Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Interest Rate
10.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2006
Sold by
Crestco Construction Co Inc
Bought by
The Palm Beach Villas Development Group

Purchase Details

Closed on
Jun 23, 2006
Sold by
The Palm Beach Villas Development Group
Bought by
Crestco Construction Co Inc
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
Rothberg Jay $465,000 None Available
Kim Don Sang $335,000 None Available
Us Bank National Association -- Land Title Services Nj Inc
Nasuti Robert $665,000 Freedom Title & Abstract Co
The Palm Beach Villas Development Group -- None Available
Crestco Construction Co Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nasuti Robert $565,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $465,000 -1.0% $310 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $469,900 -- $313 / 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 $5,434 $380,800 $200,000 $180,800
2024 $5,434 $380,800 $200,000 $180,800
2023 $5,354 $380,800 $200,000 $180,800
2022 $5,202 $380,800 $200,000 $180,800
2021 $5,049 $380,800 $200,000 $180,800
2020 $4,909 $380,800 $200,000 $180,800
2019 $4,870 $380,800 $200,000 $180,800
2018 $4,790 $380,800 $200,000 $180,800
2017 $4,695 $380,800 $200,000 $180,800
2016 $4,547 $380,800 $200,000 $180,800
2015 $4,478 $380,800 $200,000 $180,800
2014 $4,379 $380,800 $200,000 $180,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Koch

    CENTURY 21 ALLIANCE wc

    (609) 780-5349

    17 in this area

    56 Total Sales

    John Koch
    Section Image
  • Judith Suder

    Buyer's Agent in 2020

    Judith Suder

    CENTURY 21 ALLIANCE wc

    (215) 514-3585

    57 in this area

    69 Total Sales

    Judith Suder
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 201533

Cape May County Association of REALTORS®

APN: 15-00056-03-00003-0000-C0204

New Jersey Cape May County Wildwood 08260 The Wildwoods

407 E Palm Rd Unit 204, Wildwood, NJ

Not Listed for Sale

Condos

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