NOT LISTED FOR SALE

408 Farragut Rd Unit 501 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $883,000 - $1,149,000

3 Beds
2 Baths
1,935 Sq Ft
$600/mo HOA Fee

Last Sold August 29, 2022

Last sale price $806,000 $417 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,293/month

25 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Property near a bay
  • Island Location
  • Elevator

About This Home

As of August 2022

Buyers must be prequalified in order to schedule a showing through Showingtime. Please send prequel to tneri@kw.com. Thank you!

Last Agent to Sell the Property

Tracy Neri

KELLER WILLIAMS REALTY JERSEY SHORE wc License #13299285 Listed on: 06/30/2022

KELLER WILLIAMS REALTY JERSEY SHORE wc

Last Buyer's Agent

Scott Kurkowski

BLUE HOMES REAL ESTATE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,566

Lot Details

  • 10,019

HOA Fees

  • $600 Monthly HOA Fees

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Tile Flooring
  • Water Views
  • Alarm System

Kitchen

  • Self-Cleaning Oven
  • 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 near a bay

Utilities

  • Central Air
  • Heating Available
  • Electric 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 / 98 02

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,566

Lot Details

0

HOA Fees

$600 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 Block
  • Also Includes: Drapes, Shades
  • Bay Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, 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, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

  • Cooling: Central Air, Ceiling Fan
  • Heating: Electric
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 600
  • Unit Features: Kitchen Center Island, Tile Floors, Laminate Fooring
  • Unit Location: Corner, Top Floor

Lot Info

  • Lot Number: 22

Tax Info

  • Taxes: 3565.61
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 26, 2022
Sold by
Augustine Vito Robert and Lynn Karen
Bought by
Chan Shunban David and Li L
Seller's Agent
Tracy Neri
KELLER WILLIAMS REALTY JERSEY SHORE wc
Buyer's Agent
Scott Kurkowski
BLUE HOMES REAL ESTATE LLC
List Price
$824,900
Sold Price
$806,000
Premium/Discount to List
-$18,900
-2.29%
Current Estimated Value
$983,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,859
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Crest By The Sea Llc
Bought by
Sullivan Stanley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
1.27%
Mortgage Type
Fannie Mae Freddie Mac
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
Chan Shunban David $806,000 --
Chan Shunban David $806,000 None Listed On Document
Sullivan Stanley J $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Stanley J $41,250
Previous Owner Sullivan Stanley J $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Sold $806,000 -2.3% $417 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $824,900 +150.0% $426 / Sq Ft
07/25/2019 07/25/19 Sold $330,000 +4.8% $167 / Sq Ft View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $314,900 -- $160 / 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 $6,210 $435,200 $210,000 $225,200
2024 $6,210 $435,200 $210,000 $225,200
2023 $6,119 $435,200 $210,000 $225,200
2022 $5,945 $435,200 $210,000 $225,200
2021 $2,816 $268,900 $250,000 $18,900
2020 $3,466 $268,900 $250,000 $18,900
2019 $3,439 $268,900 $250,000 $18,900
2018 $3,383 $268,900 $250,000 $18,900
2017 $3,316 $268,900 $250,000 $18,900
2016 $3,211 $268,900 $250,000 $18,900
2015 $3,162 $268,900 $250,000 $18,900
2014 $3,092 $268,900 $250,000 $18,900
Source: Public Records

Agents Affiliated with this Home

  • Tracy Neri

    Seller's Agent in 2022

    Tracy Neri

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    (609) 972-9438

    41 in this area

    61 Total Sales

    Tracy Neri
    Section Image

  • S

    Buyer's Agent in 2022

    Scott Kurkowski

    BLUE HOMES REAL ESTATE LLC

    (609) 425-5952

    41 in this area

    91 Total Sales

    Scott Kurkowski
    Section Image

  • E

    Seller's Agent in 2019

    Edward Augsberger

    COASTAL ELITE REALTY

    (609) 338-1189

    44 in this area

    142 Total Sales

    Edward Augsberger
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 222046

Cape May County Association of REALTORS®

APN: 15-00098-02-00022-0000-C0501

New Jersey Cape May County Wildwood 08260 The Wildwoods

408 Farragut Rd Unit 501, Wildwood, NJ

Not Listed for Sale

Condos

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