NOT LISTED FOR SALE

Estimated Value: $2,082,396 - $2,660,000

5 Beds
5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $1,600,000

Est. 53% increase in value since last sale

Current estimated payment $14,330/month

71 Days on Market

Highlights

  • Water Views
  • Property is near a beach
  • Island Location
  • New Construction
  • Building is beachfront but unit may not have water views
  • Deck

About This Home

As of November 2022

This home is located at 420 E Toledo Ave, Wildwood, NJ 08260 since 18 February 2021 and is currently estimated at $2,450,849. This property was built in 2021. 420 E Toledo Ave is a home located in Cape May County with nearby schools including Crest Memorial 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: 02/18/2021

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Kathleen Chiolo

LONG & FOSTER REAL ESTATE, INC nww Listed on: 02/18/2021

LONG & FOSTER REAL ESTATE, INC nww

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 44x90
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Den
  • Wood Flooring
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Deck
  • Patio

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 133

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Island, Water View
  • District Township: 15-Wildwood Crest
  • Estimated Year Built: 2021
  • Beach Proximity: 1 Block
  • New Construction: Yes
  • Lot Size2: 44X90
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Elevator, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Walk in Closet
  • Total Bathrooms: 5.2
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Total Rooms: 9
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Three Story, See Remarks
  • Outside Features: Patio, Deck, Outside Shower, See Remarks, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, Parking Pad, 3 Car, Attached, Auto Door Opener

Utilities

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

Lot Info

  • Lot Number: 2
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 99999
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Nov 21, 2022
Sold by
Seven Shes Toledo Llc
Bought by
Murphy Derrik and Murphy Regina
Seller's Agent
Kathleen Chiolo
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Kathleen Chiolo
LONG & FOSTER REAL ESTATE, INC nww
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Views
2
Current Estimated Value
$2,450,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$850,849
Avg. Annual Appreciation
15.06%
Original Mortgage
$1,250,000
Outstanding Balance
$1,209,979
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,240,870

Purchase Details

Closed on
Jan 26, 2022
Sold by
Seven Shes Toledo Llc
Bought by
Seven Shes Toledo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,280,000
Interest Rate
3.55%
Mortgage Type
New Conventional
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
Murphy Derrik $1,610,000 --
Murphy Derrik $1,610,000 None Listed On Document
Seven Shes Toledo Llc -- Title Company Of Jersey
Seven Shes Toledo Llc -- Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Derrik $1,250,000
Closed Murphy Derrik $1,250,000
Previous Owner Seven Shes Toledo Llc $3,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $1,600,000 -5.6% --
04/30/2021 04/30/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,695,000 -- --
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 $17,254 $1,209,100 $649,000 $560,100
2024 $17,254 $1,209,100 $649,000 $560,100
2023 $16,781 $1,193,500 $649,000 $544,500
2022 $8,865 $649,000 $649,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 210607

Cape May County Association of REALTORS®

APN: 15 00133- 02-00002- 01