NOT LISTED FOR SALE

Ocean Place 7100 Ocean Ave Unit 505 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $524,882 - $631,000

1 Bed
1 Bath
910 Sq Ft
$565/mo HOA Fee

Last Sold August 15, 2023

Last sale price $480,000 $527 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,793/month

51 Days on Market

Highlights

  • Water Views
  • Island Location
  • Sauna
  • Property is near a beach
  • Clubhouse
  • Corner Lot

About This Home

As of August 2023

Owners are allowed to have 1 pet up to 25 pounds. Sellers participating in 1031 Tax Deferred Exchange. Current 2023 executed leases in place. Square footage as per tax record and has not been verified by Listing Agent. New owner buy in is $1,330. Association Assessment possible $4,000-$7,000 per unit. Please shut off lights, lock sliding doors, and unit door.

Last Agent to Sell the Property

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV Listed on: 05/05/2023

Last Buyer's Agent

Tai Menz

COASTLINE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1983

Lot Details

  • 261

HOA Fees

  • $565 Monthly HOA Fees

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach
  • Property near a bay

Location

  • Island Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 68.03 / 1

Community Details

Amenities

  • Community Deck or Porch
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,280

Year Built

Built in 1983

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: Beach, Park, Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1983
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1983

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 910
  • Other Rooms: Living Room, Kitchen, Dining Area

Garage/Parking

  • Parking: 1 Car, Assigned Parking

Utilities

  • Cooling: Central Air
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Sauna, Clubhouse/Clubroom, Other (See Remarks)
  • Condo Fees: 565
  • Unit Features: Wall To Wall Carpet, Tile Floors
  • Unit Location: Water View

Lot Info

  • Lot Number: 68.03

Tax Info

  • Taxes: 3279.77
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 23, 2023
Sold by
Nepote Louis D and Nepote Mary K
Bought by
Pulido Joseph S and Howe Colleen A
Seller's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
Buyer's Agent
Tai Menz
COASTLINE REALTY, LLC
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
592
Current Estimated Value
$559,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,221
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Mar 16, 2005
Sold by
Nepote Louis D
Bought by
Nepote Louis D and Nepote Mary K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pulido Joseph S $480,000 Title Company Of Jersey
Pulido Joseph S $480,000 Title Company Of Jersey
Nepote Louis D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $480,000 -3.8% $527 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $499,000 0.0% $548 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $499,000 -- $548 / 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 $3,426 $240,100 $157,500 $82,600
2024 $3,426 $240,100 $157,500 $82,600
2023 $3,376 $240,100 $157,500 $82,600
2022 $3,280 $240,100 $157,500 $82,600
2021 $3,184 $240,100 $157,500 $82,600
2020 $3,095 $240,100 $157,500 $82,600
2019 $3,071 $240,100 $157,500 $82,600
2018 $3,020 $240,100 $157,500 $82,600
2017 $2,960 $240,100 $157,500 $82,600
2016 $2,867 $240,100 $157,500 $82,600
2015 $2,824 $240,100 $157,500 $82,600
2014 $2,761 $240,100 $157,500 $82,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John "Jack" Vizzard

    BERKSHIRE HATHAWAY HS FOX & ROACH - AV

  • Tai Menz

    Buyer's Agent in 2023

    Tai Menz

    COASTLINE REALTY, LLC

    (609) 602-8061

    9 in this area

    97 Total Sales

    Tai Menz
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About Ocean Place

Map

Source: Cape May County Association of REALTORS®

MLS Number: 231185

Cape May County Association of REALTORS®

APN: 15-00068-03-00001-0000-C0505

New Jersey Cape May County Wildwood 08260 The Wildwoods

7100 Ocean Ave Unit 505, Wildwood, NJ

Not Listed for Sale

Condos

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