NOT LISTED FOR SALE

Estimated Value: $812,933 - $935,000

3 Beds
2 Baths
1,486 Sq Ft
$450/mo HOA Fee

Last Sold January 07, 2022

Last sale price $652,000 $439 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,543/month

26 Days on Market

Highlights

  • Beach Front
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property is near a beach
  • Wood Flooring
  • Community Pool

About This Home

As of January 2022

This home is located at 407 E Palm Rd Unit 305, Wildwood, NJ 08260 since 23 September 2021 and is currently estimated at $884,483, approximately $595 per square foot. This property was built in 2006. 407 E Palm Rd Unit 305 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

Nichole Koch

CENTURY 21 ALLIANCE wc Listed on: 09/23/2021

CENTURY 21 ALLIANCE wc

Co-Listed By

John Koch

CENTURY 21 ALLIANCE wc License #9803574

Last Buyer's Agent

Judith Suder

CENTURY 21 ALLIANCE wc License #0673469

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 2006

Lot Details

  • Building is beachfront but unit may not have water views
  • Beach Front

HOA Fees

  • $450 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 03/3 / 56

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,769

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Beach Front, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Listing Office2: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Breakfast Nook, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Outside Shower, Pool
  • Condo Fees: 1350
  • Unit Features: Kitchen Center Island, Hardwood Floors
  • Unit Location: Top Floor, Water View

Lot Info

  • Lot Number: 03/3

Tax Info

  • Taxes: 4769

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Jan 7, 2022
Sold by
Branca and Donna
Bought by
Ros Joseph and Ros Helen
Seller's Agent
Nichole Koch
CENTURY 21 ALLIANCE wc
Buyer's Agent
Judith Suder
CENTURY 21 ALLIANCE wc
List Price
$650,000
Sold Price
$652,000
Premium/Discount to List
$2,000
0.31%
Current Estimated Value
$884,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,483
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Oct 19, 2010
Sold by
Riiff Joseph
Bought by
Branca Anthony and Branca Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Palm Beach Villas Development Group Llc
Bought by
Riiff Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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
Ros Joseph $652,000 Deweese David S
Branca Anthony $365,000 Old Republic National Title
Riiff Joseph $670,000 Freedom Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branca Anthony $273,750
Previous Owner Riiff Joseph $603,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $652,000 +0.3% $439 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $650,000 -- $437 / 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 $5,280 $370,000 $245,000 $125,000
2024 $5,280 $370,000 $245,000 $125,000
2023 $5,202 $370,000 $245,000 $125,000
2022 $5,054 $370,000 $245,000 $125,000
2021 $4,906 $370,000 $245,000 $125,000
2020 $4,769 $370,000 $245,000 $125,000
2019 $4,732 $370,000 $245,000 $125,000
2018 $4,655 $370,000 $245,000 $125,000
2017 $4,562 $370,000 $245,000 $125,000
2016 $4,418 $370,000 $245,000 $125,000
2015 $4,351 $370,000 $245,000 $125,000
2014 $4,255 $370,000 $245,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213637

Cape May County Association of REALTORS®

APN: 15-00056-03-00003-0000-C0305