NOT LISTED FOR SALE

423 W Leaming Ave Unit 401 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $568,934 - $628,000

3 Beds
2 Baths
1,404 Sq Ft
$433/mo HOA Fee

Last Sold February 03, 2023

Last sale price $470,000 $335 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,366/month

45 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property near a bay
  • Corner Lot
  • Community Pool

About This Home

As of February 2023

This home is located at 423 W Leaming Ave Unit 401, Wildwood, NJ 08260 since 21 November 2022 and is currently estimated at $601,984, approximately $428 per square foot. This property was built in 2004. 423 W Leaming Ave Unit 401 is a home located in Cape May County with nearby schools including Glenwood Avenue Elementary School, Wildwood Middle School, and Wildwood High School.

Last Agent to Sell the Property

Jeanine Cabrera

Cabrera Coastal Real Estate Listed on: 11/21/2022

Last Buyer's Agent

Colleen White

Tim Kerr Sotheby's International Realty License #1005222

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 2004

Lot Details

  • 0.74

HOA Fees

  • $433 Monthly HOA Fees

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 3 Car Attached Garage
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 27

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,629

Year Built

Built in 2004

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 14-Wildwood City
  • Near: Bay, Marina, Resturants
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2004
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 423
  • Price per Sq Ft: 334.76
  • Selling Agent1: 3406
  • Selling Office1: 479
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1404
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 3 Car, Attached, Assigned Parking, Concrete Driveway, Shared Driveway

Utilities

  • Cooling: Central Air, Electric
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 401
  • Common Area Features: Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool
  • Condo Fees: 1300 qtr.
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Foyer
  • Unit Location: Corner, Pool View, Water View

Lot Info

  • Lot Number: 4
  • Zoning: R-3

Tax Info

  • Taxes: 6628.53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 3, 2023
Sold by
Nieves Cynthia
Bought by
Mcginley John and Mcginley Joan
Seller's Agent
Jeanine Cabrera
Cabrera Coastal Real Estate
Buyer's Agent
Colleen White
Tim Kerr Sotheby's International Realty
List Price
$484,900
Sold Price
$470,000
Premium/Discount to List
-$14,900
-3.07%
Views
33
Current Estimated Value
$601,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,984
Avg. Annual Appreciation
10.99%
Original Mortgage
$329,000
Outstanding Balance
$320,008
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$288,064

Purchase Details

Closed on
Oct 17, 2020
Sold by
Nieves Jorge and Nieves Cynthia
Bought by
Nieves Cynthia

Purchase Details

Closed on
Mar 5, 2010
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Nieves Jorge and Nieves Cynthia

Purchase Details

Closed on
Jul 22, 2004
Sold by
Daddio Vincent
Bought by
Orsi William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
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
Mcginley John $470,000 Title Company Of Jersey
Nieves Cynthia $125,000 None Available
Nieves Jorge $175,000 North American Title Agency
Orsi William J $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginley John $329,000
Previous Owner Orsi William J $345,000
Previous Owner Orsi William J $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $470,000 -3.1% $335 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
11/26/2022 11/26/22 For Sale $484,900 -- $345 / 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
2024 $7,220 $240,600 $100,000 $140,600
2023 $7,047 $240,600 $100,000 $140,600
2022 $6,814 $240,600 $100,000 $140,600
2021 $6,629 $240,600 $100,000 $140,600
2020 $6,472 $240,600 $100,000 $140,600
2019 $6,241 $240,600 $100,000 $140,600
2018 $6,013 $240,600 $100,000 $140,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223590

Cape May County Association of REALTORS®

APN: 14 00027-0000-00004-0000-C0401