NOT LISTED FOR SALE

408 Farragut Rd Unit 401 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $884,000 - $1,042,000

3 Beds
2 Baths
1,935 Sq Ft
$425/mo HOA Fee

Last Sold November 03, 2020

Last sale price $520,000 $269 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,832/month

61 Days on Market

Highlights

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

About This Home

As of November 2020

Square footage was taken from the tax records and should be personally verified. During the summer season, showings can only be scheduled during the change-over period on Sundays (11-4).

Last Agent to Sell the Property

MaryAnn D. Mason, ABR, GRI, RSPS, MR

CENTURY 21 ALLIANCE wc License #8133747 Listed on: 07/21/2020

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

John Moore

WEICHERT REALTORS - ASBURY GROUP License #0119596

WEICHERT REALTORS - ASBURY GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 2006

Lot Details

  • 10,019

HOA Fees

  • $425 Monthly HOA Fees

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Wall to Wall Carpet
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

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 is near a beach
  • Property near a bay

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas 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 22 C0401 / 98.02

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,255

Year Built

Built in 2006

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: Beach
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2006
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • OFFICELIST_ADDRESS2: Unit 401
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, 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: 1935
  • Other Rooms: Living Room, Kitchen, Breakfast Nook, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 425.00
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet
  • Unit Location: Water View

Lot Info

  • Lot Number: 22 C0401
  • Zoning: M-1B

Tax Info

  • Taxes: 3255.06
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Oct 27, 2020
Sold by
Crest By The Sea Llc
Bought by
Powers Patrick A and Powers Bernadette A
Seller's Agent
MaryAnn D. Mason, ABR, GRI, RSPS, MR
CENTURY 21 ALLIANCE wc
Buyer's Agent
John Moore
WEICHERT REALTORS - ASBURY GROUP
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$931,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,640
Avg. Annual Appreciation
12.11%
Original Mortgage
$468,000
Outstanding Balance
$416,454
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$515,187
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Powers Patrick A $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Patrick A $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $520,000 -1.0% $269 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $525,000 -- $271 / 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 $6,078 $425,900 $200,000 $225,900
2024 $6,078 $425,900 $200,000 $225,900
2023 $5,988 $425,900 $200,000 $225,900
2022 $5,818 $425,900 $200,000 $225,900
2021 $5,641 $425,900 $200,000 $225,900
2020 $5,490 $425,900 $200,000 $225,900
2019 $3,255 $254,500 $235,000 $19,500
2018 $3,202 $254,500 $235,000 $19,500
2017 $3,138 $254,500 $235,000 $19,500
2016 $3,039 $254,500 $235,000 $19,500
2015 $2,993 $254,500 $235,000 $19,500
2014 $2,927 $254,500 $235,000 $19,500
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Buyer's Agent in 2020

    John Moore

    WEICHERT REALTORS - ASBURY GROUP

    (609) 408-2235

    21 Total Sales

    John Moore
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202531

Cape May County Association of REALTORS®

APN: 15-00098-02-00022-0000-C0401

New Jersey Cape May County Wildwood 08260 The Wildwoods

408 Farragut Rd Unit 401, Wildwood, NJ

Not Listed for Sale

Condos

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