NOT LISTED FOR SALE

507 E 7th Ave Unit 2 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $933,935 - $1,019,000

3 Beds
2 Baths
-- Sq Ft
8,015 Sq Ft Lot

Sale Details

Date Sold: December 18, 2020

Last sale price $615,000

Est. 58% increase in value since last sale

Current estimated payment $6,112 / mo

6 Days on Market

Highlights

  • Water Views
  • Beachfront Bldg, View Varies
  • Cathedral Ceiling
  • Property is near a beach
  • Island Location
  • 5-minute walk to Bil Henfey Park

About This Home

As of December 2020

EZ to show with lockbox and entry door code. Offered furnished less exclusion list available upon request. Please be sure to lock all doors, sliders, turn off all lights and return keys to the lockbox upon your departure. Please follow All CDC Guidelines regarding Covid-19 and wear a mask when entering and touring the building. Kindly provide feedback regarding your showing. Thank you for showing!

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 10/16/2020

Last Buyer's Agent

Mary Messina

LONG & FOSTER REAL ESTATE, INC sh License #1972148

LONG & FOSTER REAL ESTATE, INC sh

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,756

Year Built

  • Built in 2003

Lot Details

  • Beachfront Bldg, View Varies
  • Fenced Yard

HOA Fees

  • $183 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • 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 8 / 420

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,756

Year Built

Built in 2003

Lot Details

8,015 Sq Ft Lot

HOA Fees

$183 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island, Water View
  • District Township: 07-North Wildwood City
  • Near: Beach, Sea Wall
  • Also Includes: Curtains, Blinds, Furniture
  • Estimated Year Built: 2003
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: #2
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2003

Interior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Fenced Yard, Cable TV, Outside Shower
  • Condo Fees: 183
  • Unit Features: Fireplace, Cathedral Ceiling, Foyer, Tile Floors
  • Unit Location: Corner, Top Floor, Water View

Lot Info

  • Lot Number: 8

Tax Info

  • Taxes: 5755.54
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 7, 2020
Sold by
Kelly Brian P and Donohoe Kelly A
Bought by
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Mary Messina
LONG & FOSTER REAL ESTATE, INC sh
List Price
$619,000
Sold Price
$615,000
Premium/Discount to List
-$4,000
-0.65%
Current Estimated Value
$971,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,234
Avg. Annual Appreciation
8.32%
Original Mortgage
$492,000
Outstanding Balance
$427,824
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$543,410

Purchase Details

Closed on
Aug 15, 2011
Sold by
Bevivino Vincent A and Bevivino Mary V
Bought by
Kelly Brian Paul and Donohoe Kelly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in The Wildwoods, NJ

  • Janet Cantwell-Papale Real Estate Agent - Compass RE

    Janet Cantwell-Papale

    Compass RE

    (856) 460-5663

    107 Total Sales

    1 in The Wildwoods

    $275,000 Price

    Janet Cantwell-Papale
     Section Image
  • Charles Miltenberger Real Estate Agent - Vylla Home

    Charles Miltenberger

    Vylla Home

    (640) 900-6384

    67 Total Sales

    2 in The Wildwoods

    $531K - $537K Price Range

    Charles Miltenberger
     Section Image
  • Anthony Marotta Real Estate Agent - Keller Williams Realty Jersey Shore - Margate

    Anthony Marotta

    Keller Williams Realty Jersey Shore - Margate

    (640) 900-3755

    138 Total Sales

    1 in The Wildwoods

    $525,000 Price

    Anthony Marotta
     Section Image
  • Marlene Mango Real Estate Agent - Diane Turton, Realtors-Brick

    Marlene Mango

    Diane Turton, Realtors-Brick

    (848) 277-0817

    97 Total Sales

    2 in The Wildwoods

    $160K - $305K Price Range

    Marlene Mango
     Section Image
  • Lisa Marie Timko Real Estate Agent - KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    Lisa Marie Timko

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (856) 420-7344

    74 Total Sales

    1 in The Wildwoods

    $730,000 Price

    Lisa Marie Timko
     Section Image
  • Anthony Chiolo Real Estate Agent - Keller Williams Realty Jersey Shore - Wildwood Crest

    Anthony Chiolo

    Keller Williams Realty Jersey Shore - Wildwood Crest

    (609) 849-5850

    173 Total Sales

    148 in The Wildwoods

    $100K - $8.3M Price Range

    Anthony Chiolo
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 Surety Title
Kelly Brian Paul $434,000 Mutual Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $492,000
Previous Owner Kelly Brian Paul $325,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $615,000 -0.6% --
10/22/2020 10/22/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $619,000 -- --
Source: Cape May County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,840 $440,700 $250,000 $190,700
2025 $6,840 $440,700 $250,000 $190,700
2024 $6,840 $440,700 $250,000 $190,700
2023 $6,694 $440,700 $250,000 $190,700
2022 $6,425 $440,700 $250,000 $190,700
2021 $4,416 $440,700 $250,000 $190,700
2020 $5,954 $440,700 $250,000 $190,700
2019 $5,756 $440,700 $250,000 $190,700
2018 $5,592 $440,700 $250,000 $190,700
2017 $5,473 $440,700 $250,000 $190,700
2016 $5,368 $440,700 $250,000 $190,700
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis Real Estate Agent - RE/MAX SURFSIDE

    Seller's Agent in 2020

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    137 in this area

    141 Total Sales

    Paul Zografakis
    Section Image
  • Mary Messina Real Estate Agent - LONG & FOSTER REAL ESTATE, INC sh

    Buyer's Agent in 2020

    Mary Messina

    LONG & FOSTER REAL ESTATE, INC sh

    (215) 630-8003

    7 in this area

    31 Total Sales

    Mary Messina
    Section Image
See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 204088

Cape May County Association of REALTORS®

APN: 07-00420-0000-00008-0000-C0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

507 E 7th Ave Unit 2, Wildwood, NJ

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.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.