NOT LISTED FOR SALE

513 E 7th Ave Unit 304 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $329,000 - $369,000

1 Bed
1 Bath
380 Sq Ft
$144/mo HOA Fee

Last Sold September 24, 2014

Last sale price $170,000 $447 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,166/month

Highlights

  • In Ground Pool
  • Deck
  • Breakfast Area or Nook
  • Water Oriented
  • Straight Thru Architecture
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2014

Unobstructed panoramic views of the ocean from your third floor unit. This is what vacation is meant to be. The Coral Reef is a small complex with a well managed association. It features spacious off street parking with one space per unit, a large heated pool, laundry facilities, patio area, grilling area & storage room. This unit has been lovingly cared for and comes completely turn-key ready. There is a living room with a little dining area, a galley kitchen with a full size refrigerator. The bathroom has been updated with tile floors and walls. The bedroom has 2 full size beds. The views of the beach are spectacular, plus you have a direct view of the pool. There is one lease in place for 2014 from 6-20 to 8-2. There is a 500/yr special assessment due in August.

Last Agent to Sell the Property

JOAN FLOOD

joan.flood@lnf.com Long & Foster Real Estate, Inc. License #TREND:60049666 Listed on: 03/09/2014

Last Buyer's Agent

JOAN FLOOD

joan.flood@lnf.com Long & Foster Real Estate, Inc. License #TREND:60049666 Listed on: 03/09/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 1964

Lot Details

  • Property is in good condition

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 1 Open Parking Space

Home Design

  • Straight Thru Architecture
  • Stucco

Interior Spaces

  • 380 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Breakfast Area or Nook

Flooring

  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • Property is near an ocean
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00304
  • Assessor Parcel Number 07-00420 01-00304

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, snow removal, trash, water, sewer, insurance
  • 35 Units
  • Coral Reef Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,933

Year Built

Built in 1964

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Straight Thru
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring Type: Fully Carpeted, Tile/Brick
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Master Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Shared
  • Living Area Units: Square Feet
  • Total Sq Ft: 380
  • Living Area Sq Ft: 380
  • Net Sq Ft: 380.00
  • Price Per Sq Ft: 471.05
  • Above Grade Finished Sq Ft: 380
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Access To Pool: Yes
  • Pool Features: In Ground
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 144.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash, Water, Sewer, Insurance
  • HOA: No

Lot Info

  • Improvement Assessed Value: 142200.00
  • Land Assessed Value: 37100.00
  • Lot Size Acres: 0.01
  • Lot Dimensions: 380
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 380.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: OB1

Rental Info

  • Pets: Case By Case Basis
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3791410
  • Tax Annual Amount: 1933.00
  • Assessor Parcel Number: 07-00420 01-00304
  • Tax Lot: 00304
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2014
Closed on
Sep 16, 2014
Sold by
Osburn Dolores A
Bought by
Famous Mark E and Mahoney Rosemary
Seller's Agent
JOAN FLOOD
Long & Foster Real Estate, Inc.
Buyer's Agent
JOAN FLOOD
Long & Foster Real Estate, Inc.
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%
Current Estimated Value
$344,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,250
Avg. Annual Appreciation
6.56%
Source: Public Records

Range of Values:

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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
Famous Mark E $170,000 Shore Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2014 09/24/14 Sold $170,000 -5.0% $447 / Sq Ft
04/28/2014 04/28/14 Price Changed $179,000 -10.1% $471 / Sq Ft
03/09/2014 03/09/14 For Sale $199,000 -- $524 / 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 $2,607 $168,000 $110,000 $58,000
2024 $2,607 $168,000 $110,000 $58,000
2023 $2,552 $168,000 $110,000 $58,000
2022 $2,449 $168,000 $110,000 $58,000
2021 $1,744 $168,000 $110,000 $58,000
2020 $2,270 $168,000 $110,000 $58,000
2019 $2,194 $168,000 $110,000 $58,000
2018 $2,132 $168,000 $110,000 $58,000
2017 $2,087 $168,000 $110,000 $58,000
2016 $2,046 $168,000 $110,000 $58,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JOAN FLOOD

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: 1000493243

Bright MLS

APN: 07-00420-0000-00007-0000-C0304

New Jersey Cape May County Wildwood 08260 The Wildwoods

513 E 7th Ave Unit 304, Wildwood, NJ

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