NOT LISTED FOR SALE

Estimated Value: $834,048 - $941,000

4 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold January 20, 2017

Last sale price $469,000

Est. 92% increase in value since last sale

Current estimated payment $5,294/month

183 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Living Room
  • Property is near a beach
  • Island Location
  • Laundry Room

About This Home

As of January 2017

This home is located at 515 E 15th Ave Unit 206, Wildwood, NJ 08260 since 22 June 2016 and is currently estimated at $902,262. 515 E 15th Ave Unit 206 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

John Haggerty

COASTAL ELITE REALTY Listed on: 06/22/2016

COASTAL ELITE REALTY

Last Buyer's Agent

Paul Zografakis

RE/MAX SURFSIDE License #0565035

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,008

Lot Details

  • 0.37

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Property is near a beach
  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 9 / 412

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,008

Lot Details

0

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
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Garage, 2 Car, Concrete Driveway

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: Deck/Porch, Cable TV
  • Condo Fees: 620 qtr.

Lot Info

  • Lot Number: 9

Tax Info

  • Taxes: 5008.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jan 20, 2017
Sold by
Burns Charles A and Burns Jeanette F
Bought by
Freytag Michael D and Freytag Kimberly Ann
Seller's Agent
John Haggerty
COASTAL ELITE REALTY
Buyer's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$499,900
Sold Price
$469,000
Premium/Discount to List
-$30,900
-6.18%
Current Estimated Value
$902,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,262
Avg. Annual Appreciation
7.75%
Original Mortgage
$375,200
Outstanding Balance
$181,701
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$720,561

Purchase Details

Closed on
Sep 26, 2008
Sold by
Burns Charles A
Bought by
Burns Charles A and Burns Jeanette F

Purchase Details

Closed on
Aug 29, 2000
Sold by
Lanczinger Bert
Bought by
Cannon Frank and Cannon Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,320
Interest Rate
8.16%
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
Freytag Michael D $469,000 Mutual Title Agency Inc
Burns Charles A -- None Available
Cannon Frank $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freytag Michael D $375,200
Previous Owner Cannon Frank $46,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $469,000 -6.2% --
12/21/2016 12/21/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $499,900 -- --
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 $6,854 $441,600 $230,000 $211,600
2024 $6,854 $441,600 $230,000 $211,600
2023 $6,708 $441,600 $230,000 $211,600
2022 $6,439 $441,600 $230,000 $211,600
2021 $4,585 $441,600 $230,000 $211,600
2020 $5,966 $441,600 $230,000 $211,600
2019 $5,767 $441,600 $230,000 $211,600
2018 $5,604 $441,600 $230,000 $211,600
2017 $5,485 $441,600 $230,000 $211,600
2016 $5,379 $441,600 $230,000 $211,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 170929

Cape May County Association of REALTORS®

APN: 07-00412-0000-00009-0000-C0206