NOT LISTED FOR SALE

5502 Atlantic Ave Unit 5 Wildwood Crest, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $296,836 - $369,000

1 Bed
1 Bath
501 Sq Ft
9,017 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $152,000 $303 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,845/month

10 Days on Market

Highlights

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

About This Home

As of April 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

Colleen Johnston

LONG & FOSTER REAL ESTATE, INC nwnj

Last Buyer's Agent

Non-Member Non-Member

Non Member

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • 9,017

Interior Spaces

  • 501 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Property is near a beach

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 6

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Recreation

  • Outdoor Shower

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 & Southern Boardwlk
  • 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 5
  • Second Address Number: 5502
  • Listing Office2: 609
  • Price per Sq Ft: 303.39
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2018

Interior Features

  • Appliances Included: Oven, Refrigerator
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 501
  • Other Rooms: Living Room, Kitchen, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Concrete Driveway

Utilities

  • Cooling: Other
  • Heating: Electric, Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: 5
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV, Outside Shower
  • Unit Location: First Floor

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 25, 2020
Sold by
Delco Property Invests
Bought by
Dydak Matthew and Dydak Karen
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$149,777
Sold Price
$152,000
Premium/Discount to List
$2,223
1.48%
Current Estimated Value
$316,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,459
Avg. Annual Appreciation
14.35%
Original Mortgage
$112,000
Outstanding Balance
$99,799
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$216,660
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
Dydak Matthew $152,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dydak Matthew $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $152,000 +1.5% $303 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $149,777 -- $299 / 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 $2,002 $140,300 $60,000 $80,300
2024 $2,002 $140,300 $60,000 $80,300
2023 $1,973 $140,300 $60,000 $80,300
2022 $1,917 $140,300 $60,000 $80,300
2021 $1,860 $140,300 $60,000 $80,300
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

    280 in this area

    311 Total Sales

    Brian Reed
    Section Image
  • Colleen Johnston

    Seller Co-Listing Agent in 2020

    Colleen Johnston

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 602-7471

    121 in this area

    164 Total Sales

    Colleen Johnston
    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non Member

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 200663

Cape May County Association of REALTORS®

APN: 15 00006- 02-00004- 02-C0005

New Jersey Cape May County Wildwood Crest 08260 The Wildwoods

5502 Atlantic Ave Unit 5, Wildwood Crest, NJ

This home is located at 5502 Atlantic Ave Unit 5, Wildwood Crest, NJ 08260 since 14 February 2020 and is currently estimated at $316,459, approximately $631 per square foot. This property was built in 2018. 5502 Atlantic Ave Unit 5 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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