NOT LISTED FOR SALE

7601 Atlantic Ave Unit 103 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $850,310 - $1,032,000

3 Beds
2 Baths
1,652 Sq Ft
$583/mo HOA Fee

Last Sold July 30, 2022

Last sale price $675,000 $409 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,988/month

7 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Furnished
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Ground Level Unit

About This Home

As of July 2022

This home is located at 7601 Atlantic Ave Unit 103, Wildwood, NJ 08260 since 01 June 2022 and is currently estimated at $933,578, approximately $565 per square foot. This property was built in 2002. 7601 Atlantic Ave Unit 103 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

Jeanine Cabrera

Cabrera Coastal Real Estate License #9805133 Listed on: 06/01/2022

Last Buyer's Agent

Jill Fluharty

LONG & FOSTER REAL ESTATE, INC nwnj

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 2002

Lot Details

  • Building is beachfront but unit may not have water views

HOA Fees

  • $583 Monthly HOA Fees

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Ground Level Unit
  • 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 1 / 98

Community Details

Amenities

  • Building Patio
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,510

Year Built

Built in 2002

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Island
  • District Township: 15-Wildwood Crest
  • Near: Beach
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2002
  • Bay Proximity: 3 Blocks
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Quarterly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2002

Interior Features

  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1652
  • Other Rooms: Living Room, Kitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: Carport, 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Patio, Storage Facilities, Cable TV, Outside Shower, Pool
  • Condo Fees: 1750
  • Unit Features: Kitchen Center Island, Tile Floors
  • Unit Location: Corner, First Floor

Lot Info

  • Lot Number: 1
  • Zoning: M-1B

Tax Info

  • Taxes: 5510
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 29, 2022
Sold by
Scherer David J and Scherer Michelle
Bought by
Kohaut Donald Raymond and Kohaut Kathleen Marie
Seller's Agent
Jeanine Cabrera
Cabrera Coastal Real Estate
Buyer's Agent
Jill Fluharty
LONG & FOSTER REAL ESTATE, INC nwnj
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$933,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,578
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Oct 7, 2013
Sold by
Sparano Donna M and Sparano Richard
Bought by
Scherer David J and Scherer Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Kohaut Donald Raymond $675,000 Shore Title
Kohaut Donald Raymond $675,000 Shore Title
Scherer David J $343,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherer David J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2022 07/30/22 Sold $675,000 -3.6% $409 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $699,900 -- $424 / 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 $5,929 $415,500 $240,000 $175,500
2024 $5,929 $415,500 $240,000 $175,500
2023 $5,842 $415,500 $240,000 $175,500
2022 $5,676 $415,500 $240,000 $175,500
2021 $5,510 $415,500 $240,000 $175,500
2020 $5,356 $415,500 $240,000 $175,500
2019 $5,314 $415,500 $240,000 $175,500
2018 $5,227 $415,500 $240,000 $175,500
2017 $5,123 $415,500 $240,000 $175,500
2016 $4,961 $415,500 $240,000 $175,500
2015 $4,886 $415,500 $240,000 $175,500
2014 $4,778 $415,500 $240,000 $175,500
Source: Public Records

Agents Affiliated with this Home

  • Jeanine Cabrera

    Seller's Agent in 2022

    Jeanine Cabrera

    Cabrera Coastal Real Estate

    (609) 374-6150

    87 in this area

    107 Total Sales

    Jeanine Cabrera
    Section Image

  • J

    Buyer's Agent in 2022

    Jill Fluharty

    LONG & FOSTER REAL ESTATE, INC nwnj

    (609) 289-0940

    72 in this area

    82 Total Sales

    Jill Fluharty
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221719

Cape May County Association of REALTORS®

APN: 15-00098-02-00001-0000-C0103

New Jersey Cape May County Wildwood 08260 The Wildwoods

7601 Atlantic Ave Unit 103, Wildwood, NJ

Not Listed for Sale

Condos

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