NOT LISTED FOR SALE

Ocean Place 7100 Ocean Ave Unit 408 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $613,000

1 Bed
1 Bath
797 Sq Ft
$400/mo HOA Fee

Last Sold February 22, 2022

Last sale price $440,000 $552 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,028/month

4 Days on Market

About This Home

As of February 2022

This home is located at 7100 Ocean Ave Unit 408, Wildwood, NJ 08260 since 24 January 2022 and is currently estimated at $613,000, approximately $769 per square foot. This property was built in 1983. 7100 Ocean Ave Unit 408 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

Samuel Best

KELLER WILLIAMS ATLANTIC SHORE License #2182706 Listed on: 01/24/2022

KELLER WILLIAMS ATLANTIC SHORE

Last Buyer's Agent

Jerry Freal

SAYLOR POINT REALTY GROUP License #8645057

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1983

Lot Details

  • 218

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 797 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 03 / 68

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,024

Year Built

Built in 1983

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • District Township: 15-Wildwood Crest
  • Estimated Year Built: 1983
  • New Construction: No
  • Second Address Number: 7100
  • Price per Sq Ft: 552.07
  • Selling Agent1: 98
  • Selling Office1: 14
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1983

Interior Features

  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 797

Condo/Co-op/Association

  • Unit: 408
  • Condo Fees: 400.00

Lot Info

  • Lot Number: 03

Tax Info

  • Taxes: 3024
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Feb 16, 2022
Sold by
Marotta and Lillian
Bought by
Kovac Andrew and Kovac Lillian
Seller's Agent
Samuel Best
KELLER WILLIAMS ATLANTIC SHORE
Buyer's Agent
Jerry Freal
SAYLOR POINT REALTY GROUP
List Price
$434,000
Sold Price
$440,000
Premium/Discount to List
$6,000
1.38%
Current Estimated Value
$613,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
11.22%

Purchase Details

Listed on
May 24, 2016
Closed on
Apr 6, 2017
Sold by
Roggi Donna L and Roggi Laura G
Bought by
Marotta Joseph and Marotta Lillian
Seller's Agent
Joseph M Gallagher
Coldwell Banker Sol Needles Real Estate
Buyer's Agent
Joe Vallese
CHRIS HENDERSON REALTY
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$130,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2001
Sold by
Catoggio Michael
Bought by
Roggi Donna L and Roggi Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.2%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Est Morris Fisher
Bought by
Catoggio Michael and Cattoggio Vivian
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
Kovac Andrew $440,000 Fineberg Robert A
Marotta Joseph $230,000 Guardian Title
Roggi Donna L $135,000 --
Catoggio Michael $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marotta Joseph $130,000
Previous Owner Roggi Donna L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $440,000 +1.4% $552 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $434,000 +88.7% $545 / Sq Ft
04/07/2017 04/07/17 Sold $230,000 -11.5% $303 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
05/24/2016 05/24/16 For Sale $259,900 -- $343 / 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 $3,252 $227,900 $155,000 $72,900
2024 $3,252 $227,900 $155,000 $72,900
2023 $3,204 $227,900 $155,000 $72,900
2022 $3,113 $227,900 $155,000 $72,900
2021 $3,022 $227,900 $155,000 $72,900
2020 $2,938 $227,900 $155,000 $72,900
2019 $2,915 $227,900 $155,000 $72,900
2018 $2,867 $227,900 $155,000 $72,900
2017 $2,810 $227,900 $155,000 $72,900
2016 $2,721 $227,900 $155,000 $72,900
2015 $2,680 $227,900 $155,000 $72,900
2014 $2,621 $227,900 $155,000 $72,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Samuel Best

    KELLER WILLIAMS ATLANTIC SHORE

    (609) 675-8782

    3 in this area

    3 Total Sales

    Section Image
  • Jerry Freal

    Buyer's Agent in 2022

    Jerry Freal

    SAYLOR POINT REALTY GROUP

    (609) 827-1088

    9 in this area

    10 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Joseph M Gallagher

    Coldwell Banker Sol Needles Real Estate

    (267) 258-4425

    4 in this area

    6 Total Sales

    Section Image
  • Joe Vallese

    Buyer's Agent in 2017

    Joe Vallese

    CHRIS HENDERSON REALTY

    (609) 425-7841

    106 in this area

    109 Total Sales

    Section Image
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About Ocean Place

Map

Source: Cape May County Association of REALTORS®

MLS Number: 220164

Cape May County Association of REALTORS®

APN: 15-00068-03-00001-0000-C0408

New Jersey Cape May County Wildwood 08260 The Wildwoods

7100 Ocean Ave Unit 408, Wildwood, NJ

This home is located at 7100 Ocean Ave Unit 408, Wildwood, NJ 08260 since 24 January 2022 and is currently estimated at $613,000, approximately $769 per square foot. This property was built in 1983. 7100 Ocean Ave Unit 408 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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