NOT LISTED FOR SALE

509 Atlantic Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,137,000 - $1,358,724

3 Beds
2 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold September 18, 2015

Last sale price $365,000

Est. 242% increase in value since last sale

Current estimated payment $7,210/month

564 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Laundry Room
  • Corner Lot
  • Living Room
  • 3-minute walk to Bil Henfey Park

About This Home

As of September 2015

Location! Location! Beautiful Corner lot property within walking distance to the sandy beaches. This home is located among custom homes centrally located to everything the jersey shore has to offer. This single family turn key home features 3 bedroom, 2 baths plus bonus third floor - could be used as a family room or master bedroom. Home features natural gas heat, vinyl siding and large corner lot- just perfect for entertaining!

Last Agent to Sell the Property

Lisa Bassett, GRI

FARRELL REALTY License #9231632 Listed on: 02/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,311

Lot Details

  • Fenced Yard
  • Corner Lot

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Living Room
  • Dining Area
  • Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 277

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,311

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner
  • District Township: 07-N. Wildwood City
  • Near: Beach
  • Beach Proximity: 3 Blocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer
  • Interior Amenities: Wall to Wall Carpet, Laminate Flooring, Tile Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Total Rooms: 6
  • Other Rooms: Living Room, Dining Area, Laundry/Utility Room, Library/Study

Exterior Features

  • Construction: Three Story
  • Exterior: Vinyl
  • Frontage: 50
  • House Color: sand
  • Outside Features: Deck, Fenced Yard

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Cooling: Window Air Conditioning
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 50x100
  • Total Assessment: 391500
  • Zoning: res
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 4311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Lasalle Monica T and Footit Steven P
Bought by
Schaeffer Thomas and Schaeffer Regina
Current Estimated Value
$1,247,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$960,487
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$287,375

Purchase Details

Listed on
Feb 1, 2014
Closed on
Aug 17, 2015
Sold by
Magliocco Anthony J and Magliocco Roserita M
Bought by
Lasalle Monica T and Footit Steven P
Seller's Agent
Lisa Bassett, GRI
FARRELL REALTY
List Price
$449,900
Sold Price
$365,000
Premium/Discount to List
-$84,900
-18.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$328,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1987
Bought by
Magliocco Anthony J and Magliocco Roserita M
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
Schaeffer Thomas $1,300,000 None Listed On Document
Schaeffer Thomas $1,300,000 None Listed On Document
Lasalle Monica T $365,000 The Title Company Of Jersey
Magliocco Anthony J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaeffer Thomas $975,000
Closed Schaeffer Thomas $975,000
Previous Owner Lasalle Monica T $328,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $365,000 -18.9% --
08/19/2015 08/19/15 Pending -- -- --
02/01/2014 02/01/14 For Sale $449,900 -- --
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 -- $567,000 $283,000 $284,000
2024 -- $558,300 $283,000 $275,300
2023 $8,140 $558,300 $283,000 $275,300
2022 $8,140 $558,300 $283,000 $275,300
2021 $5,797 $558,300 $283,000 $275,300
2020 $7,543 $558,300 $283,000 $275,300
2019 $7,291 $558,300 $283,000 $275,300
2018 $7,085 $558,300 $283,000 $275,300
2017 $6,934 $558,300 $283,000 $275,300
2016 $4,448 $365,200 $283,000 $82,200
2015 $4,416 $391,500 $300,000 $91,500
2014 $4,310 $391,500 $300,000 $91,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Bassett, GRI

    Seller's Agent in 2015

    Lisa Bassett, GRI

    FARRELL REALTY

    (609) 886-5000

    1 in this area

    110 Total Sales

    Lisa Bassett, GRI
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 155913

Cape May County Association of REALTORS®

APN: 07-00277-0000-00001

New Jersey Cape May County Wildwood 08260 The Wildwoods

509 Atlantic Ave, Wildwood, NJ

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