NOT LISTED FOR SALE

500 John F. Kennedy Blvd Unit 314 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $309,000 - $316,000

1 Bed
1 Bath
365 Sq Ft
$278/mo HOA Fee

Last Sold May 12, 2023

Last sale price $270,000 $740 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,083/month

10 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • Bar or Lounge
  • Furnished
  • Eat-In Kitchen

About This Home

As of May 2023

Experience the ultimate beachfront living at North Wildwood, NJ with this stunning condo in the Regency Tower! This open year-round building boasts breathtaking views of the ocean, and a clean and modern interior with tile throughout. Whether you're looking for a great investment/rental property or a personal vacation home, this condo is perfect for both!

Our fully-furnished studio unit is in a prime location with this third floor suite's balcony overlooking the water and just steps away from the beach. Enjoy the pool with a kiddie area and large sun deck, off-street parking, elevators, 24-hour security cameras, coin laundry facilities, bike & kayak storage, and cable TV. It's also conveniently located near bike and wave runner rentals, night life, and more, with great surfing and surf fishing nearby too!

The owners recently installed new sliders in 2019, and the unit comes equipped with everything you need for a comfortable stay, including a stove-top, refrigerator, toaster oven, blender, coffee maker, keurig mini, iron, and TV. It can comfortably accommodate up to six guests with a queen-sized bed and two full-sized futons.

As an owner, you'll have access to a gym, discounted owners laundry, storage, and the owners lounge. Don't miss out on this amazing opportunity to own a piece of paradise on the beach!

Last Agent to Sell the Property

Chris Norton

(609) 902-9533 cnorton@kw.com Keller Williams Real Estate - Princeton Listed on: 03/27/2023

Keller Williams Real Estate - Princeton

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1980

Lot Details

  • 348

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 365 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Cooktop

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Attached Carport Space
  • 1 Off-Street Space

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 07-00421-00001-C0314

Community Details

Overview

  • Association fees include air conditioning, heat, water, sewer, pool(s), common area maintenance, parking fee
  • Mid-Rise Condominium
  • Regency Towers Community
  • North Wildwood Subdivision

Amenities

  • Recreation Room
  • Bar or Lounge
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,851

Year Built

Built in 1980

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: seller's personal items
  • Inclusions: All appliances as present, lights, fans, fixtures, window treatments, furnishings
  • New Construction: No
  • Story List: Main
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop
  • Entry Floor: 3
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 365
  • Living Area Sq Ft: 365
  • Price Per Sq Ft: 739.73
  • Above Grade Finished Sq Ft: 365
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • View: Ocean, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Carport
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 278.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Exercise Room, Recreational Center, Bar/Lounge, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Heat, Water, Sewer, Pool(s), Common Area Maintenance, Parking Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42800.00
  • Land Assessed Value: 84200.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: OS

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3791562
  • Tax Annual Amount: 1851.00
  • Assessor Parcel Number: 07-00421-00001-C0314
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: NORTH WILDWOOD CITY SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 6, 2023
Sold by
Salvia John and Salvia Veralyn
Bought by
Leck Bonnie Jean and Leck Paul C
Seller's Agent
Chris Norton
Keller Williams Real Estate - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$270,000
Sold Price
$270,000
Views
133
Current Estimated Value
$311,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,922
Avg. Annual Appreciation
5.75%
Original Mortgage
$189,000
Outstanding Balance
$183,542
Interest Rate
6.39%
Estimated Equity
$128,380

Purchase Details

Closed on
Apr 25, 1997
Sold by
Ranno Ianatius
Bought by
Portelio Stephanie and Portelio Slvia John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leck Bonnie Jean $270,000 Surety Title
Portelio Stephanie $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leck Bonnie Jean $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $270,000 0.0% $740 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $270,000 -- $740 / Sq Ft
Source: Bright MLS

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 $1,971 $127,000 $84,200 $42,800
2024 $1,971 $127,000 $84,200 $42,800
2023 $1,929 $127,000 $84,200 $42,800
2022 $1,852 $127,000 $84,200 $42,800
2021 $1,319 $127,000 $84,200 $42,800
2020 $1,716 $127,000 $84,200 $42,800
2019 $1,659 $127,000 $84,200 $42,800
2018 $1,612 $127,000 $84,200 $42,800
2017 $1,577 $127,000 $84,200 $42,800
2016 $1,547 $127,000 $84,200 $42,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Norton

    Seller's Agent in 2023

    Chris Norton

    Keller Williams Real Estate - Princeton

    (609) 902-9533

    1 in this area

    109 Total Sales

    Chris Norton
    Section Image
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Map

Source: Bright MLS

MLS Number: NJCM2001900

Bright MLS

APN: 07-00421-0000-00001-0000-C0314

New Jersey Cape May County Wildwood 08260 The Wildwoods

500 John F. Kennedy Blvd Unit 314, Wildwood, NJ

Not Listed for Sale

Condos

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