NOT LISTED FOR SALE

5501 Atlantic Ave Unit 105 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $835,023 - $951,000

4 Beds
2 Baths
1,525 Sq Ft
$456/mo HOA Fee

Last Sold September 14, 2021

Last sale price $680,000 $446 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,597/month

10 Days on Market

Highlights

  • Water Views
  • Island Location
  • Furnished
  • Property is near a beach
  • Wood Flooring
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of September 2021

This home is located at 5501 Atlantic Ave Unit 105, Wildwood, NJ 08260 since 13 July 2021 and is currently estimated at $893,006, approximately $585 per square foot. This property was built in 2006. 5501 Atlantic Ave Unit 105 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Chip Watson

eXp REALTY - WC Listed on: 07/13/2021

eXp REALTY - WC

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $456 Monthly HOA Fees

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 21 / 6.03

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,797

Year Built

Built in 2006

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: Beach and Boardwalk
  • Also Includes: Shades, Blinds, Furniture
  • Estimated Year Built: 2006
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2006

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1525
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Assigned Parking

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: Elevator, Deck/Porch, Storage Facilities, Outside Shower, Pool
  • Condo Fees: 456
  • Unit Features: Bar, Hardwood Floors, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 21

Tax Info

  • Taxes: 4797
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Sep 14, 2021
Sold by
Nunes Michael M and Nunes Dorothy F
Bought by
Scarnici Emilio and Scarnici Elaine
Seller's Agent
Chip Watson
eXp REALTY - WC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Current Estimated Value
$893,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,006
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
May 7, 2012
Sold by
Zaccaro Anthony and Zaccaro Mary Lucille
Bought by
Nunes Michael M and Nunes Dorothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Holiday Developer Inc
Bought by
Zaccaro Anthony and Zaccaro Mary Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Scarnici Emilio $680,000 Surety Title
Nunes Michael M $405,000 Mutual Title Agency
Zaccaro Anthony $569,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nunes Michael M $364,500
Previous Owner Zaccaro Anthony $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $680,000 -2.2% $446 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $695,000 -- $456 / 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 $5,310 $372,100 $190,000 $182,100
2024 $5,310 $372,100 $190,000 $182,100
2023 $5,232 $372,100 $190,000 $182,100
2022 $5,083 $372,100 $190,000 $182,100
2021 $4,934 $372,100 $190,000 $182,100
2020 $4,796 $372,100 $190,000 $182,100
2019 $4,759 $372,100 $190,000 $182,100
2018 $4,681 $372,100 $190,000 $182,100
2017 $4,588 $372,100 $190,000 $182,100
2016 $4,443 $372,100 $190,000 $182,100
2015 $4,376 $372,100 $190,000 $182,100
2014 $4,279 $372,100 $190,000 $182,100
Source: Public Records

Agents Affiliated with this Home

  • Chip Watson

    Seller's Agent in 2021

    Chip Watson

    eXp REALTY - WC

    (856) 625-5900

    51 in this area

    84 Total Sales

    Chip Watson
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 212561

Cape May County Association of REALTORS®

APN: 15-00006-03-00021-0000-C0105

New Jersey Cape May County Wildwood 08260 The Wildwoods

5501 Atlantic Ave Unit 105, Wildwood, NJ

Not Listed for Sale

Condos

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