NOT LISTED FOR SALE

408 Paradise Way North Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,248,000 - $2,190,000

5 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $1,200,000

Est. 50% increase in value since last sale

Current estimated payment $10,769/month

Highlights

  • Home fronts navigable water
  • Newly Remodeled
  • No HOA
  • Water Access
  • 1 Fireplace
  • Eat-In Kitchen

About This Home

As of April 2020

Brand new Bayfront Luxury Town Homes. Enjoy breathtaking sunsets from your balcony every evening. Custom interior designs and open layouts create the ultimate living space. Stunning water front views from any corner of the home. This 3700-square foot home is fabulous for entertaining. Interior features include a gourmet chefs kitchen with all new high end appliances, living room/great room with a gas fire place, an elevator, crown molding, and gorgeous granite countertops. Also prewired for smart house. Five Sizeable bedrooms all with modern bathrooms and Bayfront views from every corner. Property is flood and hurricane prepared. One boat slip is included in the brand new adjacent Marina, spacious 2 car garage, and optional pool/ hot tub. Property Paradise Cove on Sunset Bay is Luxury Living at its finest.

Last Agent to Sell the Property

Kathleen Chiolo

(609) 780-5078 kchiolo@lnf.com Long & Foster Real Estate, Inc. License #564196 Listed on: 10/24/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kathleen Chiolo

(609) 780-5078 kchiolo@lnf.com Long & Foster Real Estate, Inc. License #564196 Listed on: 10/24/2018

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Home fronts navigable water

Parking

  • 2 Open Parking Spaces

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Water Access
  • Property near a bay

Utilities

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

Community Details

  • No Home Owners Association
  • Wildwood Subdivision

Listing and Financial Details

  • Tax Lot 2.08
  • Assessor Parcel Number 0700101000000002

Townhouse Details

Home Type

Townhome

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2018
  • Remarks Public: Brand new Bayfront Luxury Town Homes. Enjoy breathtaking sunsets from your balcony every evening. Custom interior designs and open layouts create the ultimate living space. Stunning water front views from any corner of the home. This 3700-square foot home is fabulous for entertaining. Interior features include a gourmet chefs kitchen with all new high end appliances, living room/great room with a gas fire place, an elevator, crown molding, and gorgeous granite countertops. Also prewired for smart house. Five Sizeable bedrooms all with modern bathrooms and Bayfront views from every corner. Property is flood and hurricane prepared. One boat slip is included in the brand new adjacent Marina, spacious 2 car garage, and optional pool/ hot tub. Property Paradise Cove on Sunset Bay is Luxury Living at its finest.
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: Yes
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 1

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NORTH WILDWOOD CITY SCHOOLS
  • School District Key: 300200396999

Green Features

  • R Factor Ceilings: YES
  • R Factor Ext Walls: YES

Lot Info

  • Zoning: BB

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 999999.00
  • Assessor Parcel Number: 0700101000000002
  • Tax Lot: 2.08
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 04/24/2020

MLS Schools

  • School District Name: NORTH WILDWOOD CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Goldsman Howard and Goldsman Jennifer
Bought by
Cox Joseph F and Turner Monique S
Current Estimated Value
$1,805,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,685,832
Outstanding Balance
$1,669,049
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$136,389

Purchase Details

Listed on
Oct 24, 2018
Closed on
Mar 24, 2020
Sold by
Paradise Cove Llc
Bought by
Goldsman Howard and Goldsman Jennifer
Seller's Agent
Kathleen Chiolo
Long & Foster Real Estate, Inc.
Buyer's Agent
Kathleen Chiolo
Long & Foster Real Estate, Inc.
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$960,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cox Joseph F $2,247,777 Shore Title
Goldsman Howard $1,200,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Joseph F $1,685,832
Previous Owner Goldsman Howard $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $1,200,000 -7.6% --
09/29/2019 09/29/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $1,299,000 -- --
Source: Bright MLS

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 $15,598 $1,005,000 $400,000 $605,000
2024 $15,598 $1,005,000 $400,000 $605,000
2023 $15,266 $1,005,000 $400,000 $605,000
2022 $14,653 $1,005,000 $400,000 $605,000
2021 $14,080 $1,005,000 $400,000 $605,000
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Chiolo

    Seller's Agent in 2020

    Kathleen Chiolo

    Long & Foster

    (609) 780-5078

    8 in this area

    11 Total Sales

    Kathleen Chiolo
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Map

Source: Bright MLS

MLS Number: NJCM100308

Bright MLS

APN: 07 00101-0000-00002- 08-C0408

New Jersey Cape May County North Wildwood 08260 The Wildwoods

408 Paradise Way, North Wildwood, NJ

This home is located at 408 Paradise Way, North Wildwood, NJ 08260 since 24 October 2018 and is currently estimated at $1,805,438. This property was built in 2018. 408 Paradise Way is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

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