NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $1,537,000

4 Beds
4 Baths
3,100 Sq Ft
$472/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $899,000 $290 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,966/month

136 Days on Market

Highlights

  • Boat Dock
  • New Construction
  • Cathedral Ceiling
  • Property Fronts a Bay or Harbor
  • Island Location
  • Wood Flooring

About This Home

As of January 2021

This home is located at 409 Paradise Way, North Wildwood, NJ 08260 since 28 July 2020 and is currently estimated at $1,464,069, approximately $472 per square foot. This property was built in 2020. 409 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.

Last Agent to Sell the Property

Kathleen Chiolo

LONG & FOSTER REAL ESTATE, INC nww Listed on: 07/28/2020

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Kelly Dougherty

Tim Kerr Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,057

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,051

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property near a bay
  • Bulkhead

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Property Fronts a Bay or Harbor
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2.04 / 101

Community Details

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,057

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Bay Front, Island
  • District Township: 07-North Wildwood City
  • Estimated Year Built: 2020
  • Bay Proximity: 1 Block
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 409
  • Price per Sq Ft: 290
  • Selling Agent1: 3968
  • Selling Office1: 19
  • OFFICELIST_STATE: NJ
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 4.1
  • Full Bathrooms: 4
  • Bedrooms: 4
  • Estimated Living Sq Ft: 3100
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Great Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Attached

Utilities

  • Cooling: Central Air, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 409
  • Common Area Features: Dock/Boat Slip, Bulkhead
  • Condo Fees: SPLIT INS.
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Wall To Wall Carpet, Cathedral Ceiling, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 2.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Feb 5, 2021
Sold by
Paradise Cove Llc
Bought by
Dougherty Sean P and Dougherty Kelly
Seller's Agent
Kathleen Chiolo
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Kelly Dougherty
Tim Kerr Sotheby's International Realty
List Price
$889,900
Sold Price
$899,000
Premium/Discount to List
$9,100
1.02%
Current Estimated Value
$1,464,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,069
Avg. Annual Appreciation
11.24%
Original Mortgage
$510,400
Outstanding Balance
$457,537
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,006,532
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
Dougherty Sean P $899,000 Misc Company
Dougherty Sean P $899,000 Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Sean P $510,400
Closed Dougherty Sean P $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $899,000 +1.0% $290 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $889,900 -- $287 / 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 $12,057 $776,900 $225,000 $551,900
2024 $12,057 $776,900 $225,000 $551,900
2023 $11,801 $776,900 $225,000 $551,900
2022 $11,327 $776,900 $225,000 $551,900
2021 $9,951 $158,400 $158,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 202638

Cape May County Association of REALTORS®

APN: 07 00101-0000-00002- 04-C0409