NOT LISTED FOR SALE

Coastal Colors 7701 Atlantic Ave Unit 301 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,053,000 - $1,248,000

3 Beds
2 Baths
1,906 Sq Ft
$700/mo HOA Fee

Last Sold August 21, 2023

Last sale price $997,000 $523 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,727/month

3 Days on Market

Highlights

  • Beach Front
  • Property is near a beach
  • Clubhouse
  • Spa
  • Island Location
  • Wood Flooring

About This Home

As of August 2023

The Property will be conveyed turnkey, fully furnished including electronics and contents with exception of sellers personal items. Seller never rented this unit however the rental opportunities are abundant at the coastal colors community with rental rates ranging from $4100-$4300 for similar floor plans making it a highly sought out vacation destination. Please schedule showing appointments through showing time or text 609-408-1627 for confirmation.

Last Agent to Sell the Property

Jaqueline Bada-Gaffney

LONG & FOSTER REAL ESTATE, INC nww Listed on: 06/30/2023

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Christine A. Henderson

CHRIS HENDERSON REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,697

Year Built

  • Built in 2004

Lot Details

  • Beach Front
  • Fenced Yard

HOA Fees

  • $700 Monthly HOA Fees

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Driveway
  • Assigned Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Property is near a beach
  • Property near a bay

Utilities

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

Additional Features

  • Handicap Accessible
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 99.02 / 1

Community Details

Amenities

  • Community Deck or Porch
  • Clubhouse
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,697

Year Built

Built in 2004

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Front, Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: Beach
  • Also Includes: Curtains, Blinds, Rugs, Furniture, Other (See Remarks)
  • Estimated Year Built: 2004
  • Bay Proximity: 4 Blocks
  • Beach Proximity: 1 Block
  • 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
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, 1777
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1906
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Assigned Parking, Concrete Driveway

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Deck/Porch, Fenced Yard, Storage Facilities, Cable TV, Outside Shower, Pool, Whirlpool/Spa, Clubhouse/Clubroom, Other (See Remarks)
  • Condo Fees: 700.43
  • Unit Features: Handicap Features, Kitchen Center Island, Walk-In/Cedar Closet, Hardwood Floors, Wall To Wall Carpet, Whirpool/Spa, Foyer, Tile Floors
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 99.02

Tax Info

  • Taxes: 9697.23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Callahan Richard and Callahan Margaret
Bought by
Romano John Michael and Romano Jennifer Marie
Current Estimated Value
$1,181,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$593,642
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$587,667

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 21, 2023
Sold by
Demarco Robert and Demarco Shauna
Bought by
Callahan Richard and Callahan Margaret
Seller's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Christine A. Henderson
CHRIS HENDERSON REALTY
List Price
$997,000
Sold Price
$997,000
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$747,750
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Contino Joseph and Contino Debra
Bought by
Demarco Robert and Demarco Shauna

Purchase Details

Closed on
Oct 13, 2005
Sold by
Patel Natvarbhai and Patel Daksha
Bought by
Contino Joseph and Contino Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Romano John Michael $1,200,000 None Listed On Document
Romano John Michael $1,200,000 None Listed On Document
Callahan Richard $997,000 Surety Title
Callahan Richard $997,000 Surety Title
Demarco Robert $630,000 The Title Company Of Jersey
Contino Joseph $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano John Michael $600,000
Closed Romano John Michael $600,000
Previous Owner Callahan Richard $747,750
Previous Owner Contino Joseph $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2023 08/21/23 Sold $997,000 0.0% $523 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $997,000 -- $523 / 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 $10,130 $709,900 $405,000 $304,900
2024 $10,130 $709,900 $405,000 $304,900
2023 $9,981 $709,900 $405,000 $304,900
2022 $9,697 $709,900 $405,000 $304,900
2021 $9,413 $709,900 $405,000 $304,900
2020 $9,151 $709,900 $405,000 $304,900
2019 $9,080 $709,900 $405,000 $304,900
2018 $8,931 $709,900 $405,000 $304,900
2017 $8,753 $709,900 $405,000 $304,900
2016 $8,476 $709,900 $405,000 $304,900
2015 $8,348 $709,900 $405,000 $304,900
2014 $8,164 $709,900 $405,000 $304,900
Source: Public Records

Agents Affiliated with this Home

  • Jaqueline Bada-Gaffney

    Seller's Agent in 2023

    Jaqueline Bada-Gaffney

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 408-1627

    43 in this area

    47 Total Sales

    Jaqueline Bada-Gaffney
    Section Image

  • C

    Buyer's Agent in 2023

    Christine A. Henderson

    CHRIS HENDERSON REALTY

    (609) 827-4931

    49 in this area

    49 Total Sales

    Christine A. Henderson
    Section Image
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About Coastal Colors

Map

Source: Cape May County Association of REALTORS®

MLS Number: 231731

Cape May County Association of REALTORS®

APN: 15-00099-02-00001-0000-C0301

New Jersey Cape May County Wildwood 08260 The Wildwoods

7701 Atlantic Ave Unit 301, Wildwood, NJ

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