NOT LISTED FOR SALE

509 E 10th Ave Unit 403 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,245,522 - $1,829,000

7 Beds
4 Baths
-- Sq Ft
0.92 Acres

Last Sold February 28, 2022

Last sale price $1,080,000

Est. 33% increase in value since last sale

Current estimated payment $8,358/month

84 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Loft
  • Property is near a beach
  • Deck
  • Furnished

About This Home

As of February 2022

This home is located at 509 E 10th Ave Unit 403, Wildwood, NJ 08260 since 03 November 2021 and is currently estimated at $1,438,631. 509 E 10th Ave Unit 403 is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Teri Bassett

CENTURY 21 ALLIANCE wc Listed on: 11/03/2021

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Teri Bassett

CENTURY 21 ALLIANCE wc Listed on: 11/03/2021

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Lot Details

  • Lot Dimensions are 40x100
  • Building is beachfront but unit may not have water views
  • Fenced Yard
  • Interior Lot

Parking

  • Driveway

Home Design

  • Triplex

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Living Room
  • Dining Room
  • Loft
  • Storage Room
  • Laundry Room
  • Water Views
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 10 / 417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Location: Beach Block, Inside Lot, Water View
  • District Township: 07-North Wildwood City
  • Near: Beach
  • Also Includes: Drapes, Curtains, Shades, Furniture
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Second Address Number: 509
  • Lot Size2: 40x100
  • Selling Agent1: 421
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room, Loft, Storage Space

Exterior Features

  • Outside Features: Patio, Deck, Porch, Fenced Yard, Storage Building, Outside Shower, Waterview

Garage/Parking

  • Parking: Concrete Driveway

Utilities

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

Lot Info

  • Lot Number: 10
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 7860

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 25, 2022
Sold by
Weber Sr Ronald W
Bought by
Ocean Digz Llc
Seller's Agent
Teri Bassett
CENTURY 21 ALLIANCE wc
Buyer's Agent
Teri Bassett
CENTURY 21 ALLIANCE wc
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%
Current Estimated Value
$1,438,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,631
Avg. Annual Appreciation
8.20%
Original Mortgage
$864,000
Outstanding Balance
$807,255
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$631,376

Purchase Details

Closed on
Sep 27, 2013
Sold by
Leonik Thomas E
Bought by
Weber Ronald W and Fornara Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2010
Sold by
Leifken Joseph and Leifken Margaret
Bought by
Oceanview 403 Llc

Purchase Details

Closed on
Nov 13, 2003
Sold by
Alban Edwin
Bought by
Kalalian John and Kalalian Linda S
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 Buyer Sale Price Title Company
Ocean Digz Llc $1,080,000 Gilman Cory J
Weber Ronald W $445,000 Shore Title Agency Inc
Oceanview 403 Llc $200,000 None Available
Kalalian John $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Digz Llc $864,000
Previous Owner Weber Ronald W $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $1,080,000 -10.0% --
01/26/2022 01/26/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,200,000 -- --
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 $9,030 $581,800 $360,000 $221,800
2024 $9,030 $581,800 $360,000 $221,800
2023 $8,838 $581,800 $360,000 $221,800
2022 $8,483 $581,800 $360,000 $221,800
2021 $8,151 $581,800 $360,000 $221,800
2020 $7,860 $581,800 $360,000 $221,800
2019 $7,598 $581,800 $360,000 $221,800
2018 $7,383 $581,800 $360,000 $221,800
2017 $7,226 $581,800 $360,000 $221,800
2016 $7,086 $581,800 $360,000 $221,800
2015 $6,682 $592,400 $380,000 $212,400
2014 $6,522 $592,400 $380,000 $212,400
Source: Public Records

Agents Affiliated with this Home

  • Teri Bassett

    Seller's Agent in 2022

    Teri Bassett

    CENTURY 21 ALLIANCE wc

    (609) 425-3296

    16 in this area

    33 Total Sales

    Teri Bassett
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214050

Cape May County Association of REALTORS®

APN: 07-00417-0000-00010

New Jersey Cape May County Wildwood 08260 The Wildwoods

509 E 10th Ave Unit 403, Wildwood, NJ

This home is located at 509 E 10th Ave Unit 403, Wildwood, NJ 08260 since 03 November 2021 and is currently estimated at $1,438,631. 509 E 10th Ave Unit 403 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.

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.

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