NOT LISTED FOR SALE

412 Illinois Ave Unit North side Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $747,000 - $947,000

4 Beds
3 Baths
1,845 Sq Ft
$454/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $400,000 $217 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,908/month

297 Days on Market

Highlights

  • Water Views
  • Property near a bay
  • Wood Flooring
  • New Construction
  • Island Location
  • Corner Lot

About This Home

As of June 2015

UNDER CONSTRUCTION READY FOR DELIVERY JUNE OF 2015 Now under way, this twin, townhome condominium will have an obstructed view of the inland water ways and meadows. Containing approximately 1,900 square feet of living space, the unit will feature 3 bedrooms, 3.5 baths, living room, dining area, eat in kitchen with center island breakfast bar and first floor family room that can also be utilized as 2nd master bedroom suite if desired. The unit will feature three levels of decks, each approximately 8' x 20' exploiting the view. Upgrades included are tile floors in foyer, baths, and kitchen; hardwood floors in living room and dining area; 42 inch upper kitchen cabinets, granite counter tops; $ 4,000 appliance allowance; upgraded trim package inclusive of crown molding throughout, 5 1/4' base and wainscoting in living room and dining area; wired for ceiling fans throughout. There will be no monthly condo fee. Unit owners will share insurance and landscaping expense only. Taxes are estimated based upon projected sales price. Donald Martin, a principal of MarHar, LLC is a licensed NJ real estate broker. (See plans under documents).

Last Agent to Sell the Property

Donald Martin

DON MARTIN REALTY, INC Listed on: 07/20/2014

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 6,011

Parking

  • 1 Parking Space

Home Design

  • New Construction

Interior Spaces

  • 1,845 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 13

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Townhouse
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 07-N. Wildwood City
  • Near: Overlooking Intercoastal
  • Bay Proximity: 1 Block
  • New Construction: Yes
  • Pet Friendly: Owners allowed pets
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: Three
  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1845
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch
  • Condo Fees: no fee
  • Unit Features: Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Foyer
  • Unit Location: Water View, Corner

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 435000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2014
Closed on
Aug 9, 2015
Sold by
Marhar Llc
Bought by
Jackson Leo M and Jackson Mary Ellen C
Seller's Agent
Donald Martin
DON MARTIN REALTY, INC
List Price
$398,900
Sold Price
$400,000
Premium/Discount to List
$1,100
0.28%
Current Estimated Value
$836,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,998
Avg. Annual Appreciation
7.37%
Original Mortgage
$320,000
Outstanding Balance
$252,190
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$584,808
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
Jackson Leo M $400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Leo M $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $400,000 +0.3% $217 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
07/20/2014 07/20/14 For Sale $398,900 -- $216 / 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 $6,324 $407,500 $200,000 $207,500
2024 $6,324 $407,500 $200,000 $207,500
2023 $6,190 $407,500 $200,000 $207,500
2022 $5,941 $407,500 $200,000 $207,500
2021 $4,083 $407,500 $200,000 $207,500
2020 $5,505 $407,500 $200,000 $207,500
2019 $5,322 $407,500 $200,000 $207,500
2018 $5,171 $407,500 $200,000 $207,500
2017 $5,061 $407,500 $200,000 $207,500
2016 $4,963 $407,500 $200,000 $207,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 159079

Cape May County Association of REALTORS®

APN: 07-00013-0000-00001-01-C0412