NOT LISTED FOR SALE

5501 Atlantic Ave Unit 112 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $728,100 - $948,000

4 Beds
3 Baths
1,535 Sq Ft
44 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $445,000 $290 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,858/month

131 Days on Market

Highlights

  • Water Views
  • Furnished
  • Community Pool
  • Property is near a beach
  • Ground Level Unit
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of April 2016

Experience Island Oasis!!! The Monarch is a condominium resort community that combines the convenience of the perfect location for the beach and boardwalk, as well as the luxury of numerous on-site amenities, all in an all-inclusive resort setting. 2 Large Heated Pool/2 Jacuzzis/2 kiddie pools and Storage Closet Outside for beach storage. This super-spacious four bedroom, three full bath End Unit is on the first floor of this elevator building and is all on one level. TWO master bedrooms and three full baths make sharing with a large family so, so easy! You are located just one short block from the beach, and one short block from the southern 'Crest' end of the Wildwood boardwalk.

Last Agent to Sell the Property

Colleen Rennie

DANIELS REALTY DIAMOND BEACH Listed on: 11/20/2015

Co-Listed By

DENISE SULLIVAN

JACK PEDERSEN REALTY License #0565923

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,283

Year Built

  • Built in 2010

Lot Details

  • 44

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Ground Level Unit

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

Community Details

Amenities

  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,283

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2010
  • Beach Proximity: 1 Block
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 2010

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1535
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 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: 450month
  • Unit Features: Fireplace, Wall To Wall Carpet
  • Unit Location: First Floor, Water View, Pool View

Lot Info

  • Lot Number: 21

Tax Info

  • Taxes: 4282.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2015
Sold by
Giampeitro Vincent M and Levine Helene
Bought by
Giampeitro Levine Trust and Levine Helene
Current Estimated Value
$841,275

Purchase Details

Closed on
Apr 29, 2010
Sold by
Holiday Developer Inc
Bought by
Giampeitro Vincent and Levine Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$192,467
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$648,808
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giampeitro Levine Trust -- Attorney
Giampeitro Vincent $360,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giampeitro Vincent $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $445,000 -3.1% $290 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $459,000 -- $299 / 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 $5,197 $364,200 $170,000 $194,200
2024 $5,197 $364,200 $170,000 $194,200
2023 $5,121 $364,200 $170,000 $194,200
2022 $4,975 $364,200 $170,000 $194,200
2021 $4,829 $364,200 $170,000 $194,200
2020 $4,695 $364,200 $170,000 $194,200
2019 $4,658 $364,200 $170,000 $194,200
2018 $4,582 $364,200 $170,000 $194,200
2017 $4,491 $364,200 $170,000 $194,200
2016 $4,349 $364,200 $170,000 $194,200
2015 $4,283 $364,200 $170,000 $194,200
2014 $4,188 $364,200 $170,000 $194,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 167358

Cape May County Association of REALTORS®

APN: 15-00006-03-00021-0000-C0112