NOT LISTED FOR SALE

5501 Atlantic Ave Unit 304 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $916,000 - $995,000

4 Beds
2 Baths
-- Sq Ft
44 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $740,000

Est. 31% increase in value since last sale

Current estimated payment $5,608/month

40 Days on Market

Highlights

  • Water Views
  • Cathedral Ceiling
  • Corner Lot
  • Unit is on the top floor
  • End Unit
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of October 2021

gJust one block from the beach in Wildwood Crest, this sun-filled, top floor, corner unit has 4 bedrooms, plus pull out sofas, and sleeps up to 14 people, with 2 full bathrooms. Natural light floods through the oversized windows and cathedral, tiered ceilings. Tastefully decorated, this open concept living, dining and kitchen area has gas cooking, a three-sided fireplace, and leads out to a covered balcony. Washer and dryer within unit, 2 assigned garage parking spaces. The Monarch has 2 pools, 2 jetted spas, 2 kiddie pools, 2 elevators, a fitness room, and extra storage. This turn-key, modern condo will be sold fully furnished. Start Making Your Shore Memories Now at the Monarch!

Last Agent to Sell the Property

Louise Dierks

LONG and FOSTER REAL ESTATE INC-Avalon License #1326918 Listed on: 08/06/2021

LONG and FOSTER REAL ESTATE INC-Avalon

Last Buyer's Agent

John Bruno

CABRERA COASTAL REAL ESTATE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Fenced

Interior Spaces

  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Handicap Accessible
  • Unit is on the top floor

Community Details

Overview

  • Association fees include pool

Amenities

  • Building Patio
  • Community Storage Space
  • Elevator

Recreation

  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished, Shades
  • Year Built: 2006
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Other Rooms: Dining Room, Laundry/Utility Room
  • Common Area Features: Elevator, Fenced Yard, Outside Shower, Patio, Pool, Storage Facility, Whirlpool/Spa

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Pool
  • Management: Association

Lot Info

  • Location: Corner, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Handicap Features, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 15, 2021
Sold by
Lazor and Charlotte
Bought by
Seibel Geoffrey C and Seibel Bethann
Seller's Agent
Louise Dierks
LONG and FOSTER REAL ESTATE INC-Avalon
Buyer's Agent
John Bruno
CABRERA COASTAL REAL ESTATE
List Price
$749,900
Sold Price
$740,000
Premium/Discount to List
-$9,900
-1.32%
Current Estimated Value
$967,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,377
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Sheft Peter and Plank Sheft Ellen
Bought by
Lazor George and Lazor Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Holiday Developer Inc
Bought by
Sheft Peter and Plank Sheft Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
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
Seibel Geoffrey C $740,000 Surety Title
Lazor George $430,000 Surety Title
Sheft Peter $679,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lazor George $255,000
Previous Owner Sheft Peter $67,900
Previous Owner Sheft Peter $543,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $740,000 -1.3% --
09/15/2021 09/15/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $749,900 -- --
Source: South Jersey Shore Regional MLS

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 $6,229 $436,500 $230,000 $206,500
2024 $6,229 $436,500 $230,000 $206,500
2023 $6,137 $436,500 $230,000 $206,500
2022 $5,963 $436,500 $230,000 $206,500
2021 $5,788 $436,500 $230,000 $206,500
2020 $5,626 $436,500 $230,000 $206,500
2019 $5,583 $436,500 $230,000 $206,500
2018 $5,491 $436,500 $230,000 $206,500
2017 $5,382 $436,500 $230,000 $206,500
2016 $5,212 $436,500 $230,000 $206,500
2015 $5,133 $436,500 $230,000 $206,500
2014 $5,020 $436,500 $230,000 $206,500
Source: Public Records

Agents Affiliated with this Home

  • Louise Dierks

    Seller's Agent in 2021

    Louise Dierks

    LONG and FOSTER REAL ESTATE INC-Avalon

    (609) 602-9909

    1 in this area

    7 Total Sales

    Louise Dierks
    Section Image
  • John Bruno

    Buyer's Agent in 2021

    John Bruno

    CABRERA COASTAL REAL ESTATE

    (609) 374-4902

    95 in this area

    119 Total Sales

    John Bruno
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 554079

South Jersey Shore Regional MLS

APN: 15-00006-03-00021-0000-C0304

New Jersey Cape May County Wildwood 08260 The Wildwoods

5501 Atlantic Ave Unit 304, Wildwood, NJ

Not Listed for Sale

Condos

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