NOT LISTED FOR SALE

5207 Lake Rd Unit 1 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $647,725 - $768,000

3 Beds
2 Baths
1,965 Sq Ft
$200/mo HOA Fee

Last Sold October 27, 2021

Last sale price $450,227 $229 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,620/month

8 Days on Market

Highlights

  • Property near a bay
  • Ground Level Unit
  • Eat-In Kitchen
  • Island Location
  • Attached Garage
  • Building Patio

About This Home

As of October 2021

Rear bedroom furniture and Seller personal items are excluded. CONDO BY LAWS DO NOT ALLOW RENTALS. OPEN HOUSE CANCELLED

Last Agent to Sell the Property

Evelyn Giel

COASTAL ELITE REALTY License #0680228 Listed on: 09/12/2021

COASTAL ELITE REALTY

Co-Listed By

Michael Grey

COASTAL ELITE REALTY License #1004706

Last Buyer's Agent

Jill Fluharty

LONG & FOSTER REAL ESTATE, INC nwnj

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,229

Year Built

  • Built in 2004

Lot Details

  • 10,280

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 1,965 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Property near a bay

Location

  • Ground Level Unit
  • 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 5 / 10

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,229

Year Built

Built in 2004

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 14-Wildwood City
  • Also Includes: Partial Furniture
  • Estimated Year Built: 2004
  • Bay Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Listing Office2: 487
  • OFFICELIST_STATE: NJ
  • Street Designation: Road
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1965
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, Attached, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Cable TV
  • Condo Fees: 200
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Tile Floors
  • Unit Location: First Floor

Lot Info

  • Lot Number: 5

Tax Info

  • Taxes: 7229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 27, 2021
Sold by
Hannon James R and Hannon Kathryn
Bought by
Devlin Richard and Devlin Susan
Seller's Agent
Evelyn Giel
COASTAL ELITE REALTY
Buyer's Agent
Jill Fluharty
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$434,900
Sold Price
$450,227
Premium/Discount to List
$15,327
3.52%
Current Estimated Value
$712,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,454
Avg. Annual Appreciation
11.70%
Original Mortgage
$360,200
Outstanding Balance
$330,153
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,528

Purchase Details

Closed on
Aug 26, 2004
Sold by
Irish Builders Llc
Bought by
Hannon James R and Hannon Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Devlin Richard $450,227 None Available
Hannon James R $320,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devlin Richard $360,200
Previous Owner Hannon James R $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $450,227 +3.5% $229 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $434,900 -- $221 / Sq Ft
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 $8,064 $268,700 $80,000 $188,700
2024 $8,064 $268,700 $80,000 $188,700
2023 $7,870 $268,700 $80,000 $188,700
2022 $7,610 $268,700 $80,000 $188,700
2021 $7,403 $268,700 $80,000 $188,700
2020 $7,228 $268,700 $80,000 $188,700
2019 $6,970 $268,700 $80,000 $188,700
2018 $6,715 $268,700 $80,000 $188,700
2017 $6,433 $268,700 $80,000 $188,700
2016 $6,245 $268,700 $80,000 $188,700
2015 $6,145 $268,700 $80,000 $188,700
2014 $6,073 $268,700 $80,000 $188,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Evelyn Giel

    COASTAL ELITE REALTY

    (215) 704-6657

    5 in this area

    7 Total Sales

    Evelyn Giel
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Grey

    COASTAL ELITE REALTY

    Section Image

  • J

    Buyer's Agent in 2021

    Jill Fluharty

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 289-0940

    73 in this area

    83 Total Sales

    Jill Fluharty
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 213440

Cape May County Association of REALTORS®

APN: 14-00010-01-00005-0000-C0001

New Jersey Cape May County Wildwood 08260 The Wildwoods

5207 Lake Rd Unit 1, Wildwood, NJ

Not Listed for Sale

Condos

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