NOT LISTED FOR SALE

5501 Atlantic Ave Unit 212 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $813,000 - $938,000

4 Beds
3 Baths
1,535 Sq Ft
$458/mo HOA Fee

Last Sold November 04, 2022

Last sale price $850,000 $554 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,843/month

9 Days on Market

Highlights

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

About This Home

As of November 2022

This unit is a spectacular rental property and is already booked for ten weeks in 2023 most of which are repeat tenants for years! If you are looking for a truly special condo, make your appointment to see this one!

Last Agent to Sell the Property

Barbara Hunt

CENTURY 21 ALLIANCE wc Listed on: 09/16/2022

CENTURY 21 ALLIANCE wc

Last Buyer's Agent

Jeanine Cabrera

Cabrera Coastal Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 2010

Lot Details

  • 44

HOA Fees

  • $458 Monthly HOA Fees

Property Views

  • Water
  • Pool

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Shared Driveway

Outdoor Features

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

Location

  • Island Location

Utilities

  • Central Air
  • 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
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,360

Year Built

Built in 2010

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 2010
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 5501
  • Price per Sq Ft: 553.75
  • Selling Agent1: 477
  • Selling Office1: 667
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2010

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • 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

Garage/Parking

  • Parking: 2 Car, Concrete Driveway, Shared Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 212
  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Outside Shower, Pool, Whirlpool/Spa
  • Condo Fees: 458
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Laminate Fooring
  • Unit Location: Corner, Pool View, Water View

Lot Info

  • Lot Number: 21

Tax Info

  • Taxes: 5359.69
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 4, 2022
Sold by
Carlin Shawn P and Carlin Amanda
Bought by
Jolly Ashley and Jolly Elizabeth M
Seller's Agent
Barbara Hunt
CENTURY 21 ALLIANCE wc
Buyer's Agent
Jeanine Cabrera
Cabrera Coastal Real Estate
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$901,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,681
Avg. Annual Appreciation
2.12%
Original Mortgage
$680,000
Outstanding Balance
$658,642
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$243,039

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 19, 2021
Sold by
Liu Larry Z and Wang Lili
Bought by
Carlin Shawn P and Carlin Amanda
Seller's Agent
Anna Carbone
CENTURY 21 ALLIANCE wc
Buyer's Agent
Barbara Hunt
CENTURY 21 ALLIANCE wc
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.20%
Original Mortgage
$367,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2016
Sold by
Princeton Fortune Llc
Bought by
Liu Larry Z and Wang Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Liu Larry Z and Wang Lili
Bought by
Princeton Fortune Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Holiday Developer Inc
Bought by
Liu Larry Z and Wang Lili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jolly Ashley $850,000 --
Carlin Shawn P $490,000 Misc Company
Liu Larry Z -- None Available
Princeton Fortune Llc $308,000 None Available
Liu Larry Z $395,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolly Ashley $680,000
Previous Owner Carlin Shawn P $367,500
Previous Owner Liu Larry Z $275,000
Previous Owner Liu Larry Z $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $850,000 0.0% $554 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $850,000 +73.5% $554 / Sq Ft
03/19/2021 03/19/21 Sold $490,000 -1.0% $319 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $495,000 -- $322 / 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 $5,768 $404,200 $210,000 $194,200
2024 $5,768 $404,200 $210,000 $194,200
2023 $5,683 $404,200 $210,000 $194,200
2022 $5,521 $404,200 $210,000 $194,200
2021 $5,360 $404,200 $210,000 $194,200
2020 $5,210 $404,200 $210,000 $194,200
2019 $5,170 $404,200 $210,000 $194,200
2018 $5,085 $404,200 $210,000 $194,200
2017 $4,984 $404,200 $210,000 $194,200
2016 $4,826 $404,200 $210,000 $194,200
2015 $4,753 $404,200 $210,000 $194,200
2014 $4,648 $404,200 $210,000 $194,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Barbara Hunt

    CENTURY 21 ALLIANCE wc

    (609) 780-4223

    64 in this area

    84 Total Sales

    Barbara Hunt
    Section Image
  • Jeanine Cabrera

    Buyer's Agent in 2022

    Jeanine Cabrera

    Cabrera Coastal Real Estate

    (609) 374-6150

    96 in this area

    115 Total Sales

    Jeanine Cabrera
    Section Image

  • A

    Seller's Agent in 2021

    Anna Carbone

    CENTURY 21 ALLIANCE wc

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 222966

Cape May County Association of REALTORS®

APN: 15-00006-03-00021-0000-C0212

New Jersey Cape May County Wildwood 08260 The Wildwoods

5501 Atlantic Ave Unit 212, Wildwood, NJ

This home is located at 5501 Atlantic Ave Unit 212, Wildwood, NJ 08260 since 16 September 2022 and is currently estimated at $901,681, approximately $587 per square foot. This property was built in 2010. 5501 Atlantic Ave Unit 212 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cape May County Association of REALTORS® Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

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