$413,000
SOLD MAR 23, 2018
5 Beds
2 Baths
1,820 Sq Ft
0.92 Acres

Recently Sold

$227 Per Sq Ft

3% Above List Price

153 Days on Market

Highlights

  • Property is near a beach
  • Deck
  • Porch
  • Island Location
  • Furnished
  • Interior Lot

About This Home

As of October 2018

This home is located at 4908 Ocean Ave, Wildwood, NJ 08260 and is currently priced at $413,000, approximately $226 per square foot. This property was built in 1937. 4908 Ocean Ave 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

Jessica Lees

LEES REAL ESTATE License #9803301 Listed on: 08/19/2017

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,073

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 40 x 100
  • Interior Lot
  • Property is zoned HM

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Area
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

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

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 14 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,073

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 14-Wildwood City
  • Near: Beach, Convention Ctr.
  • Also Includes: Curtains, Blinds, Rugs, Furniture
  • Estimated Year Built: 1937
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 4908
  • Lot Size2: 40 X 100
  • Price per Sq Ft: 226.92
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1937

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Smoke/Fire Detector
  • Interior Amenities: Storage, Wall to Wall Carpet, Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 5
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1820
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Exterior Features

  • Construction: Two Story
  • Exterior: Brick, Vinyl
  • Frontage: 40
  • House Color: Tan/Brick
  • Outside Features: Patio, Deck, Porch, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: 3 Car, Concrete Driveway, See Remarks

Utilities

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

Lot Info

  • Lot Number: 14
  • Lot Size: 1 to 6000 SqFt
  • Zoning: HM

Tax Info

  • Taxes: 9072.9
  • Tax Year: 2017-18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2017
Closed on
Apr 12, 2018
Sold by
Cantwell Carmine J and Cantwell Cheryl A
Bought by
Srg Properties Llc
Seller's Agent
Jessica Lees
LEES REAL ESTATE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$399,900
Sold Price
$413,000
Premium/Discount to List
$13,100
3.28%
Current Estimated Value
$884,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,353
Avg. Annual Appreciation
10.58%
Original Mortgage
$330,400
Outstanding Balance
$283,260
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$601,093

Purchase Details

Listed on
Aug 19, 2017
Closed on
Mar 20, 2018
Sold by
Pesce Anthony V
Bought by
Reese Wendy
Seller's Agent
Jessica Lees
LEES REAL ESTATE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$399,900
Sold Price
$413,000
Premium/Discount to List
$13,100
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Outstanding Balance
$283,260
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$601,093

Purchase Details

Closed on
Mar 24, 2000
Sold by
Fede Naccarato Estate
Bought by
Pesce Anthony V and Pesce Gerarda
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 Type Sale Price Title Company
Deed $550,000 --
Deed $413,000 --
Deed $179,900 --
Deed $179,900 --
Deed $179,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2018 10/26/18 Sold $415,000 -21.0% $228 / Sq Ft View Prior Sale
10/08/2018 10/08/18 Pending -- -- --
08/16/2018 08/16/18 Price Changed $525,000 +5.0% $288 / Sq Ft
08/02/2018 08/02/18 Price Changed $499,900 -4.8% $275 / Sq Ft
06/22/2018 06/22/18 For Sale $525,000 +27.1% $288 / Sq Ft
03/23/2018 03/23/18 Sold $413,000 +3.3% $227 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
08/19/2017 08/19/17 For Sale $399,900 -- $220 / 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 $11,716 $390,400 $226,000 $164,400
2024 $11,716 $390,400 $226,000 $164,400
2023 $11,435 $390,400 $226,000 $164,400
2022 $11,056 $390,400 $226,000 $164,400
2021 $10,756 $390,400 $226,000 $164,400
2020 $10,502 $390,400 $226,000 $164,400
2019 $10,127 $390,400 $226,000 $164,400
2018 $9,756 $390,400 $226,000 $164,400
2017 $9,346 $390,400 $226,000 $164,400
2016 $9,073 $390,400 $226,000 $164,400
2015 $8,928 $390,400 $226,000 $164,400
2014 $8,823 $390,400 $226,000 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 177785

Cape May County Association of REALTORS®

APN: 14-00042-0000-00014