NOT LISTED FOR SALE

7507 Pacific Ave Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $941,000 - $1,100,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 27, 2015

Last sale price $422,500

Est. 144% increase in value since last sale

Current estimated payment $5,921/month

483 Days on Market

Highlights

  • Property near a bay
  • Colonial Architecture
  • Corner Lot
  • Island Location
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of March 2015

Enjoy this Magnificent Home situated on an Oversized 60 X 80 Beautifully Landscaped Corner Lot in Peaceful Wildwood Crest as your New Sea Shore Get-away. Treat your Family & Friends to All The Best of the Crest including our Award Winning Beaches, Breathtaking Sunsets, Watersports and much more... The home features a HUGE Living Area complete with walls of Updated windows allowing for an abundance of Natural Light, A Ground Floor Den/4th Bedroom, a Large Private Back Yard and a Modern Eat-In Kitchen. Renovations include reconditioning of the original hardwood floors, A Full kitchen remodel including hardwood flooring, center island and loads of cabinet space. The Bathrooms have been tastefully modified in ceramic tile and the roof has also been re-done.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 10/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,750

Lot Details

  • Corner Lot
  • Property is zoned R-2

Home Design

  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Living Room
  • Dining Area
  • Storage
  • Wood Flooring
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Pad
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay
  • Patio
  • Outdoor Storage

Location

  • Island Location

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 104

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,750

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island
  • District Township: 15-Wildwood Crest
  • Also Includes: Drapes, Shades, Blinds, Partial Furniture, Window Treatments
  • Bay Proximity: 2 Blocks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Wood Flooring, Kitchen Center Island, Security System, Smoke/Fire Alarm, Storage, Walk in Closet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Other Rooms: Living Room, Kitchen, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Storage Attic

Exterior Features

  • Construction: Two Story, Colonial
  • House Color: White
  • Outside Features: Patio, Storage Building, Cable TV, Sidewalks, Outside Shower

Garage/Parking

  • Parking Garage: Parking Pad, 2 Car, Detached, Concrete Driveway

Utilities

  • Cooling: Ceiling Fan, Window Air Conditioning
  • Heating: Oil, Radiator, Hot Water
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 60 X 80
  • Zoning: R-2
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Tax Database Id: 1
  • Taxes: > 4750
  • Assessor Parcel Number: 15001040000000090002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Mar 2, 2015
Sold by
Salvo Paul and Salvo Victoria
Bought by
Maldarelli Gary R and Maldarelli Caterina
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$490,000
Sold Price
$422,500
Premium/Discount to List
-$67,500
-13.78%
Current Estimated Value
$1,029,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,101
Avg. Annual Appreciation
8.77%
Original Mortgage
$338,000
Outstanding Balance
$259,541
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$770,060

Purchase Details

Closed on
Jul 7, 2003

Purchase Details

Closed on
Jul 29, 2002
Sold by
Diforte Peter R
Bought by
Mitchell Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.64%
Source: Public Records

Range of Values:

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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
Maldarelli Gary R $422,500 Mutual Title Agency
-- $390,500 --
Mitchell Michael W $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldarelli Gary R $338,000
Previous Owner Mitchell Michael W $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $422,500 -13.8% --
02/25/2015 02/25/15 Pending -- -- --
10/30/2013 10/30/13 For Sale $490,000 -- --
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 $6,266 $439,100 $320,000 $119,100
2024 $6,266 $439,100 $320,000 $119,100
2023 $6,174 $439,100 $320,000 $119,100
2022 $5,998 $439,100 $320,000 $119,100
2021 $5,822 $439,100 $320,000 $119,100
2020 $5,660 $439,100 $320,000 $119,100
2019 $5,616 $439,100 $320,000 $119,100
2018 $5,524 $439,100 $320,000 $119,100
2017 $5,414 $439,100 $320,000 $119,100
2016 $5,243 $439,100 $320,000 $119,100
2015 $5,164 $434,600 $320,000 $114,600
2014 -- $434,600 $320,000 $114,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2015

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    168 in this area

    171 Total Sales

    Paul Zografakis
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 154710

Cape May County Association of REALTORS®

APN: 15-00104-0000-00009-02

New Jersey Cape May County Wildwood 08260 The Wildwoods

7507 Pacific Ave, Wildwood, NJ

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