NOT LISTED FOR SALE

Estimated Value: $549,000

3 Beds
2 Baths
2,256 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $846,000 $375 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $3,590/month

17 Days on Market

Highlights

  • Water Views
  • Island Location
  • Wood Burning Stove
  • Property near a bay
  • Deck
  • Victorian Architecture

About This Home

As of July 2021

This home is located at 408 Virginia Ave, Wildwood, NJ 08260 since 15 April 2021 and is currently priced at $549,000, approximately $243 per square foot. This property was built in 1930. 408 Virginia Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Bonnie Sloan

LONG & FOSTER REAL ESTATE, INC nww License #1431333 Listed on: 04/15/2021

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Michael Powers

KELLER WILLIAMS REALTY JERSEY SHORE - AV License #8610395

KELLER WILLIAMS REALTY JERSEY SHORE  - AV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 85 x 100
  • Fenced Yard
  • Corner Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Stove
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Deck
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 74

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,752

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island, Water View
  • District Township: 07-North Wildwood City
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Partial Furniture, Window Treatments
  • Estimated Year Built: 1930
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Second Address Number: 408
  • Lot Size2: 85 X 100
  • Price per Sq Ft: 375
  • Selling Agent1: 278
  • Selling Office1: 786
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Storage, Wood Burning Stove
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 11
  • Basement: Partial, Crawl Space, Outside Entrance
  • Estimated Living Sq Ft: 2256
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Dining Area, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Victorian
  • Exterior: Shingle, Vinyl
  • Outside Features: Deck, Porch, Grill, Fenced Yard, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Garage, 1.5 Car, 3 Car, Detached

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Gas Natural, Electric, Baseboard, Radiator, Hot Water
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 6752.3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jul 1, 2021
Sold by
Schmidt Frederick R and Schmidt Karen S
Bought by
408 Virginia Llc
Seller's Agent
Bonnie Sloan
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Michael Powers
KELLER WILLIAMS REALTY JERSEY SHORE - AV
List Price
$875,000
Sold Price
$846,000
Premium/Discount to List
-$29,000
-3.31%
Total Days on Market
17
Current Estimated Value
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,000

Purchase Details

Closed on
Sep 24, 1991
Bought by
Schmidt Frederick R and Schmidt Karen S
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
408 Virginia Llc $846,000 Misc Company
Schmidt Frederick R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $846,000 -3.3% $375 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $875,000 -- $388 / 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
2021 $6,752 $499,800 $292,200 $207,600
2020 $6,752 $499,800 $292,200 $207,600
2019 $6,527 $499,800 $292,200 $207,600
2018 $4,706 $499,800 $292,200 $207,600
2017 $6,208 $499,800 $292,200 $207,600
2016 $6,088 $499,800 $292,200 $207,600
2015 $5,767 $511,300 $326,300 $185,000
2014 $5,629 $511,300 $326,300 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 211477

Cape May County Association of REALTORS®

APN: 07-00074-0000-00009