NOT LISTED FOR SALE

500 Virginia Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $854,000 - $1,038,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold May 06, 2016

Last sale price $345,000

Est. 176% increase in value since last sale

Current estimated payment $5,842/month

370 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Fenced Yard
  • Island Location
  • Corner Lot
  • Porch

About This Home

As of May 2016

Side by side duplex with an attached garage on an oversize 100 X 100 Ft. lot with a very large rear yard. Unit A (right side unit) consists of 2 bedrooms, one and a half baths, Living Rm/dining Rm combo,with a beautiful brick outcove which was a fireplace, family Rm with woodburning stove, kitchen, utility closet with washer & gas dryer, foyer, rear deck. Unit B ( left side unit) has 2 bedrooms, 2 baths, living Rm, dining Rm, kitchen, utility Rm, common heater Rm, and a foyer. The second floor is primarily used for storage. The second bathroom is on the second floor. Gas hotwater baseboard heat and central air.

Last Agent to Sell the Property

James M. Flynn

FLYNN AGENCY INC Listed on: 04/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1942

Lot Details

  • Fenced Yard
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Property near a bay
  • Deck
  • Porch

Location

  • Island Location

Utilities

  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 11 / 75

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Location: Corner, Island
  • District Township: 07-N. Wildwood City
  • Near: Hereford Inlet
  • Estimated Year Built: 1942&1956
  • Bay Proximity: 2 Blocks
  • Beach Proximity: 2 Blocks
  • Available: Lease Information
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Dining Area, Laundry/Utility Room, Storage Space

Exterior Features

  • Outside Features: Deck, Porch, Fenced Yard, Cable TV, Sidewalks

Garage/Parking

  • Parking: Garage, Parking Pad, 1 Car, Attached, Concrete Driveway

Utilities

  • Separate Meter: Electric, Gas, Cable TV
  • Cooling: Central Air, Ceiling Fan
  • Heating: Gas Natural, Baseboard, Hot Water, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 11
  • Lot Size: 100x100
  • Total Assessment: 425000
  • Zoning: R1
  • Lot Size Range: 6001 to 10000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: 6629.12
  • Assessor Parcel Number: 07000750000000110000

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 6, 2016
Sold by
The Estate Of James E Harkins Sr and Harkins John
Bought by
Gallagher Robert and Gallagher Catherine
Seller's Agent
James M. Flynn
FLYNN AGENCY INC
List Price
$366,811
Sold Price
$345,000
Premium/Discount to List
-$21,811
-5.95%
Current Estimated Value
$950,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,595
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
May 17, 2013
Sold by
Mcdonough Martin and Mcdonough Deborah
Bought by
Mcdonough Martin
Source: Public Records

Range of Values:

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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
Gallagher Robert -- None Available
Mcdonough Martin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Robert $314,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $345,000 -5.9% --
04/06/2016 04/06/16 Pending -- -- --
04/02/2015 04/02/15 For Sale $366,811 -- --
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 $6,923 $462,200 $296,400 $165,800
2023 $6,771 $462,200 $296,400 $165,800
2022 $6,489 $462,200 $296,400 $165,800
2021 $4,501 $462,200 $296,400 $165,800
2020 $5,994 $462,200 $296,400 $165,800
2019 $6,036 $462,200 $296,400 $165,800
2018 $5,865 $462,200 $296,400 $165,800
2017 $5,741 $462,200 $296,400 $165,800
2016 $5,630 $462,200 $296,400 $165,800
2015 $4,794 $425,000 $300,000 $125,000
2014 $6,629 $602,100 $450,000 $152,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James M. Flynn

    FLYNN AGENCY INC

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 163245

Cape May County Association of REALTORS®

APN: 07-00075-0000-00011

New Jersey Cape May County Wildwood 08260 The Wildwoods

500 Virginia Ave, Wildwood, NJ

This home is located at 500 Virginia Ave, Wildwood, NJ 08260 since 02 April 2015 and is currently estimated at $950,595. This property was built in 1942. 500 Virginia Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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