NOT LISTED FOR SALE

5605 Seaview Ave Unit 1 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $232,000 - $331,550

2 Beds
1 Bath
-- Sq Ft
$200/mo HOA Fee

Last Sold December 15, 2023

Last sale price $275,000

Est. 20% increase in value since last sale

Current estimated payment $2,100/month

8 Days on Market

Highlights

  • Property near a bay
  • Furnished
  • Fenced Yard
  • Island Location
  • Ground Level Unit
  • 4-minute walk to Scoop taylor memorial park

About This Home

As of December 2023

*** Update: The units can now be rented using traditional methods - Rental Restrictions have been lifted. 5605-07 as per Deed but also commonly known as 5605 Seaview Ave unit A. EZ to show with a lockbox on the front door. Please call Appointment line for appointment or book through Paragon ShowingTime Link. This is a seasonal condo - Open Generally from beginning of April through Mid-November. The water is turned off to the building during the off season. Rental Restrictions have been revised - It is now permitted to rent these units via traditional methods.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 10/30/2023

Last Buyer's Agent

Robert Dekanski

RE/MAX 1ST ADVANTAGE

RE/MAX 1ST ADVANTAGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,869

Lot Details

  • Seasonal Access to Property
  • Fenced Yard

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Storage Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Ground Level Unit
  • Island Location

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8.02-11.01 / 11.02

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,869

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: Seasonal use only
  • Location: Island
  • District Township: 15-Wildwood Crest
  • Near: Beach
  • Also Includes: Drapes, Blinds, Furniture, Other (See Remarks)
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Storage Space

Utilities

  • Cooling: Electric, Ceiling Fan, Wall Air Conditioning
  • Heating: Electric, Baseboard, Multi-Zoned
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Patio, Deck/Porch, Enclosed/Cov. Porch, Fenced Yard, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: $200
  • Unit Features: Wall To Wall Carpet, Laminate Fooring
  • Unit Location: First Floor

Lot Info

  • Lot Number: 8.02-11.01
  • Zoning: R-2

Tax Info

  • Taxes: 1869
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 15, 2023
Sold by
Mcgrory Sharon
Bought by
Rapczak John and Ruiz-Rodriguez Maria Antonieta
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Robert Dekanski
RE/MAX 1ST ADVANTAGE
List Price
$275,000
Sold Price
$275,000
Views
85
Current Estimated Value
$330,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,213
Avg. Annual Appreciation
4.40%
Original Mortgage
$218,000
Outstanding Balance
$214,558
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$85,330

Purchase Details

Closed on
Aug 17, 2000
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
Rapczak John $275,000 Seaboard Title
Rapczak John $275,000 Seaboard Title
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapczak John $218,000
Closed Rapczak John $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $275,000 0.0% --
11/07/2023 11/07/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $275,000 -- --
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 $1,952 $136,800 $90,000 $46,800
2024 $1,952 $136,800 $90,000 $46,800
2023 $1,923 $136,800 $90,000 $46,800
2022 $1,869 $136,800 $90,000 $46,800
2021 $1,814 $136,800 $90,000 $46,800
2020 $1,763 $136,800 $90,000 $46,800
2019 $1,750 $136,800 $90,000 $46,800
2018 $1,721 $136,800 $90,000 $46,800
2017 $1,687 $136,800 $90,000 $46,800
2016 $1,633 $136,800 $90,000 $46,800
2015 $1,609 $136,800 $90,000 $46,800
2014 $1,573 $136,800 $90,000 $46,800
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2023

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    159 in this area

    162 Total Sales

    Paul Zografakis
    Section Image
  • Robert Dekanski

    Buyer's Agent in 2023

    Robert Dekanski

    RE/MAX 1ST ADVANTAGE

    (800) 691-0485

    1 in this area

    2,667 Total Sales

    Robert Dekanski
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232936

Cape May County Association of REALTORS®

APN: 15-00011-02-00008-02-C0001

New Jersey Cape May County Wildwood 08260 The Wildwoods

5605 Seaview Ave Unit 1, Wildwood, NJ

Not Listed for Sale

Condos

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