NOT LISTED FOR SALE

5502 Atlantic Ave Unit 6 Wildwood Crest, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $234,606 - $575,000

-- Bed
1 Bath
358 Sq Ft
9,017 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $115,777 $323 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,895/month

9 Days on Market

Highlights

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

About This Home

As of June 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

John Bruno

Cabrera Coastal Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • 9,017

Interior Spaces

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

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Outdoor Shower
  • 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

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 6
  • Second Address Number: 5502
  • Listing Office2: 609
  • Price per Sq Ft: 323.4
  • Selling Agent1: 1076
  • Selling Office1: 667
  • 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
  • Estimated Living Sq Ft: 358
  • 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: 6
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV, Outside Shower
  • Unit Location: First Floor, Corner

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 23, 2020
Sold by
Delco Property Invest Llc
Bought by
Lukes Michael H
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
John Bruno
Cabrera Coastal Real Estate
List Price
$114,777
Sold Price
$115,777
Premium/Discount to List
$1,000
0.87%
Current Estimated Value
$333,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,125
Avg. Annual Appreciation
22.08%
Original Mortgage
$60,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lukes Michael H $115,777 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lukes Michael H $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $115,777 +0.9% $323 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $114,777 -- $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 $1,494 $104,700 $40,000 $64,700
2024 $1,494 $104,700 $40,000 $64,700
2023 $1,472 $104,700 $40,000 $64,700
2022 $1,430 $104,700 $40,000 $64,700
2021 $1,388 $104,700 $40,000 $64,700
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
  • Colleen Johnston

    Seller Co-Listing Agent in 2020

    Colleen Johnston

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 602-7471

    122 in this area

    165 Total Sales

    Colleen Johnston
    Section Image
  • John Bruno

    Buyer's Agent in 2020

    John Bruno

    Cabrera Coastal Real Estate

    (609) 374-4902

    94 in this area

    117 Total Sales

    John Bruno
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 200666

Cape May County Association of REALTORS®

APN: 15 00006- 02-00004- 02-C0006

New Jersey Cape May County Wildwood Crest 08260 The Wildwoods

5502 Atlantic Ave Unit 6, Wildwood Crest, NJ

This home is located at 5502 Atlantic Ave Unit 6, Wildwood Crest, NJ 08260 since 14 February 2020 and is currently estimated at $333,902, approximately $932 per square foot. This property was built in 2018. 5502 Atlantic Ave Unit 6 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

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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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