NOT LISTED FOR SALE

5501 Atlantic Ave Unit 207 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $738,675 - $944,000

4 Beds
2 Baths
1,524 Sq Ft
44 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $470,000 $308 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,035/month

72 Days on Market

Highlights

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

About This Home

As of December 2018

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.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 09/05/2018

Last Buyer's Agent

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 09/05/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 2006

Lot Details

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

Interior Spaces

  • 1,524 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
  • 2 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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,726

Year Built

Built in 2006

Lot Details

0

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_ADDRESS2: # 207
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • 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: 1524
  • 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
  • Condo Fees: 456/month
  • Unit Features: Fireplace, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 3-21

Tax Info

  • Taxes: 4726.09
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Hennessey Theresa
Bought by
Sire Shannon and Zaccaro Skye
Current Estimated Value
$870,419

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 17, 2018
Sold by
Dambrosio George J and Dambrosio Patricia A
Bought by
Hennessey John P and Hennessey Theresa
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$489,900
Sold Price
$470,000
Premium/Discount to List
-$19,900
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$240,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Mendelson William and Mendelson Nina
Bought by
Dambrosio George J and Dambrosio Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2007
Sold by
Holiday Developer Inc
Bought by
Mendelson William and Mendelson Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,050
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
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
Sire Shannon -- None Listed On Document
Sire Shannon -- None Listed On Document
Hennessey John P $470,000 --
Dambrosio George J $350,000 Commonwealth Land Title Insu
Mendelson William $659,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hennessey John P $240,000
Previous Owner Dambrosio George J $220,000
Previous Owner Mendelson William $626,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $470,000 -4.1% $308 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $489,900 -- $321 / 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 $5,470 $383,300 $200,000 $183,300
2024 $5,470 $383,300 $200,000 $183,300
2023 $5,389 $383,300 $200,000 $183,300
2022 $5,236 $383,300 $200,000 $183,300
2021 $5,083 $383,300 $200,000 $183,300
2020 $4,941 $383,300 $200,000 $183,300
2019 $4,902 $383,300 $200,000 $183,300
2018 $4,822 $383,300 $200,000 $183,300
2017 $4,726 $383,300 $200,000 $183,300
2016 $4,577 $383,300 $200,000 $183,300
2015 $4,508 $383,300 $200,000 $183,300
2014 $4,408 $383,300 $200,000 $183,300
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2018

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    160 in this area

    163 Total Sales

    Paul Zografakis
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 183815

Cape May County Association of REALTORS®

APN: 15-00006-03-00021-0000-C0207

New Jersey Cape May County Wildwood 08260 The Wildwoods

5501 Atlantic Ave Unit 207, Wildwood, NJ

Not Listed for Sale

Condos

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