NOT LISTED FOR SALE

5502 Atlantic Ave Unit 8 Wildwood Crest, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $303,000 - $420,000

1 Bed
1 Bath
554 Sq Ft
$175/mo HOA Fee

Last Sold June 19, 2020

Last sale price $177,777 $321 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,177/month

81 Days on Market

Highlights

  • Property is near a beach
  • Corner Lot
  • Living Room
  • 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: 02/21/2020

LONG & FOSTER REAL ESTATE, INC nwnj

Last Buyer's Agent

Kurt Feinstein

RE/MAX At The Shore

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • 9,017

HOA Fees

  • $175 Monthly HOA Fees

Interior Spaces

  • 554 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

  • Outdoor Shower
  • Property is near a beach

Location

  • Island Location

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 6

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

HOA Fees

$175 per month

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 8
  • Second Address Number: 5502
  • Price per Sq Ft: 320.9
  • Selling Agent1: 1609
  • Selling Office1: 100
  • 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: 554
  • 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: 8
  • Common Area Features: Deck/Porch, Enclosed/Cov. Porch, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: Approx 175
  • Unit Location: Top Floor, Corner

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Jun 25, 2020
Sold by
Delco Property Inv Llc
Bought by
Schappell Kelsey E
Seller's Agent
Brian Reed
LONG & FOSTER REAL ESTATE, INC nwnj
Buyer's Agent
Kurt Feinstein
RE/MAX At The Shore
List Price
$177,777
Sold Price
$177,777
Current Estimated Value
$344,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,357
Avg. Annual Appreciation
13.25%
Original Mortgage
$159,999
Outstanding Balance
$141,877
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$202,257
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
Schappell Kelsey E $177,777 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schappell Kelsey E $159,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $177,777 0.0% $321 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $177,777 -- $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 $2,048 $143,500 $60,000 $83,500
2024 $2,048 $143,500 $60,000 $83,500
2023 $2,018 $143,500 $60,000 $83,500
2022 $1,960 $143,500 $60,000 $83,500
2021 $1,903 $143,500 $60,000 $83,500
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

  • K

    Buyer's Agent in 2020

    Kurt Feinstein

    RE/MAX

See All Agents

Map

Source: Cape May County Association of REALTORS®

MLS Number: 200776

Cape May County Association of REALTORS®

APN: 15 00006- 02-00004- 02-C0008

New Jersey Cape May County Wildwood Crest 08260 The Wildwoods

5502 Atlantic Ave Unit 8, Wildwood Crest, NJ

This home is located at 5502 Atlantic Ave Unit 8, Wildwood Crest, NJ 08260 since 21 February 2020 and is currently estimated at $344,134, approximately $621 per square foot. This property was built in 2018. 5502 Atlantic Ave Unit 8 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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