NOT LISTED FOR SALE

5501 Atlantic Ave Unit 204 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $903,132 - $980,000

4 Beds
3 Baths
1,670 Sq Ft
$490/mo HOA Fee

Last Sold April 23, 2021

Last sale price $650,000 $389 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,930/month

5 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Furnished
  • Property is near a beach
  • Corner Lot
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of April 2021

EZ to show with Lock Box. Square footage as per tax record and has not been verified by listing agent. The 4th bedroom is the Den with French Doors closest to the kitchen. 3 month Capital Contributions payable by buyer at closing. 2021 Rental Income negotiable.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 03/27/2021

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,382

Year Built

  • Built in 2006

Lot Details

  • Building is beachfront but unit may not have water views
  • Fenced Yard

HOA Fees

  • $490 Monthly HOA Fees

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Living Room
  • Dining Area
  • Den
  • Storage Room
  • Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Outdoor Features

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

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 3-21 / 6

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,382

Year Built

Built in 2006

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Water View
  • District Township: 15-Wildwood Crest
  • Near: Beach, 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: 3
  • Full Bathrooms: 3
  • Bedrooms: 4
  • Estimated Living Sq Ft: 1670
  • Other Rooms: Living Room, Kitchen, Den/TV Room, Dining Area, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Attached, Assigned Parking

Utilities

  • Cooling: Central Air, Electric, Ceiling Fan
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Patio, Deck/Porch, Enclosed/Cov. Porch, Fenced Yard, Storage Facilities, Cable TV, Outside Shower, Pool, Whirlpool/Spa, Other (See Remarks)
  • Condo Fees: 490/month
  • Unit Features: Fireplace, Tile Floors
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 3-21

Tax Info

  • Taxes: 5382
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2014
Sold by
Provenzano Michael
Bought by
Vinella Michael W and Vinella Sherri L
Current Estimated Value
$939,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$213,964
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$725,819

Purchase Details

Closed on
Sep 26, 2007
Sold by
Lead 1 Investments Llc
Bought by
Provenzano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2007
Sold by
Leadbeater John and Leadbeater Kathryn
Bought by
Lead 1 Investments Llc

Purchase Details

Closed on
Feb 21, 2007
Sold by
Holiday Developer Inc
Bought by
Leadbeater John and Leadbeater Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,200
Interest Rate
8.53%
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
Vinella Michael W $375,000 Fidelity Natl Title Ins Co
Provenzano Michael $745,000 Shore Title Agency Inc
Lead 1 Investments Llc -- Shore Title Agency Inc
Leadbeater John $659,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinella Michael W $281,250
Previous Owner Provenzano Michael $596,000
Previous Owner Leadbeater John $527,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $650,000 +4.0% $389 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $624,900 -- $374 / 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 $5,958 $417,500 $220,000 $197,500
2024 $5,958 $417,500 $220,000 $197,500
2023 $5,870 $417,500 $220,000 $197,500
2022 $5,703 $417,500 $220,000 $197,500
2021 $5,536 $417,500 $220,000 $197,500
2020 $5,382 $417,500 $220,000 $197,500
2019 $5,340 $417,500 $220,000 $197,500
2018 $5,252 $417,500 $220,000 $197,500
2017 $5,148 $417,500 $220,000 $197,500
2016 $4,985 $417,500 $220,000 $197,500
2015 $4,910 $417,500 $220,000 $197,500
2014 $4,801 $417,500 $220,000 $197,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2021

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    160 in this area

    163 Total Sales

    Paul Zografakis
    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: 211074

Cape May County Association of REALTORS®

APN: 15-00006-03-00021-0000-C0204

New Jersey Cape May County Wildwood 08260 The Wildwoods

5501 Atlantic Ave Unit 204, Wildwood, NJ

Not Listed for Sale

Condos

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