NOT LISTED FOR SALE

5502 Atlantic Ave Unit 3 Wildwood Crest, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $455,000 - $674,000

3 Beds
1 Bath
782 Sq Ft
9,017 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $254,777 $326 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,207/month

5 Days on Market

Highlights

  • Property is near a beach
  • Furnished
  • Great Room
  • Island Location
  • Ground Level Unit
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of May 2020

Please text Agent for access. Property is in the process of condo conversion. We are requesting all contracts reflect a date of approx 04/17/2020. Seller is reviewing condo docs to make final revisions. Condo Fees will be determined by final budget and will include, but not be limited to Flood Insurance, Fire/Liability Insurance, Water/Sewer, Lawn Care and common electric/gas

Last Agent to Sell the Property

Brian Reed

LONG & FOSTER REAL ESTATE, INC nwnj Listed on: 02/14/2020

LONG & FOSTER REAL ESTATE, INC nwnj

Co-Listed By

Mary Messina

LONG & FOSTER REAL ESTATE, INC sh License #1972148

Last Buyer's Agent

Debra D'Acqua

CENTURY 21 ALLIANCE wc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • Fenced Yard

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Location

  • Ground Level Unit
  • Island Location

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 4 / 6

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Beach and Southern Brdwlk
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Furniture
  • Estimated Year Built: 2018 Rehab
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_ADDRESS2: Unit 3
  • Second Address Number: 5502
  • Listing Office2: 609
  • Price per Sq Ft: 325.8
  • Selling Agent1: 2872
  • Selling Office1: 96
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2018

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Estimated Living Sq Ft: 782
  • Other Rooms: Living Room, Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Concrete Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 3
  • Common Area Features: Fenced Yard, Outside Shower, Other (See Remarks)
  • Unit Location: First Floor, Other (See Remarks)

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 999999999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 23, 2020
Sold by
Delco Property Invests
Bought by
Janis Peter R and Ngueyn Bao S
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Debra D'Acqua
CENTURY 21 ALLIANCE wc
List Price
$249,777
Sold Price
$254,777
Premium/Discount to List
$5,000
2%
Current Estimated Value
$552,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,935
Avg. Annual Appreciation
15.51%
Original Mortgage
$203,822
Outstanding Balance
$180,219
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$372,493
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
Janis Peter R $254,777 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janis Peter R $203,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $254,777 +2.0% $326 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $249,777 -- $319 / 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 $3,329 $233,300 $130,000 $103,300
2024 $3,329 $233,300 $130,000 $103,300
2023 $3,280 $233,300 $130,000 $103,300
2022 $3,187 $233,300 $130,000 $103,300
2021 $3,094 $233,300 $130,000 $103,300
Source: Public Records

Agents Affiliated with this Home

  • Brian Reed

    Seller's Agent in 2020

    Brian Reed

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 967-3001

    281 in this area

    312 Total Sales

    Brian Reed
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mary Messina

    LONG & FOSTER REAL ESTATE, INC sh

    (215) 630-8003

    11 in this area

    29 Total Sales

    Mary Messina
    Section Image

  • D

    Buyer's Agent in 2020

    Debra D'Acqua

    CENTURY 21 ALLIANCE wc

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 200661

Cape May County Association of REALTORS®

APN: 15 00006- 02-00004- 02-C0003

New Jersey Cape May County Wildwood Crest 08260 The Wildwoods

5502 Atlantic Ave Unit 3, Wildwood Crest, NJ

This home is located at 5502 Atlantic Ave Unit 3, Wildwood Crest, NJ 08260 since 14 February 2020 and is currently estimated at $552,712, approximately $706 per square foot. This property was built in 2018. 5502 Atlantic Ave Unit 3 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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