NOT LISTED FOR SALE

8401 Atlantic Ave Unit 314 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $314,000 - $358,000

1 Bed
1 Bath
462 Sq Ft
$397/mo HOA Fee

Last Sold December 22, 2022

Last sale price $250,000 $541 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,428/month

7 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Deck
  • Water Oriented
  • 0.82 Acre Lot
  • Furnished

About This Home

As of December 2022

Enjoy amazing views of the beach and water from the Summer Sands Condominium in Wildwood Crest. This beautifully maintained 3rd floor unit, is ready for a new owner. This condo has been well maintained with a recently updated bathroom, tile flooring, granite counter tops in the kitchen, and recessed lighting. The unit can sleep up to six people with 2 full beds in the bedroom and a pull-out sleeper sofa in the main living area. The common areas feature - year-round usage, 2 swimming pools, outdoor showers, bicycle storage, elevator, several sundecks for lounging, BBQ grills, multiple laundry rooms, private storage and assigned parking. Condo fees cover master insurance policy (flood insurance included), building and pool maintenance, and all utilities except cable & internet. The owner is ready to sell! This condo is priced well below the last unit that sold in the Summer Sands. Purchase this unit by itself or make an offer to purchase both this one and unit 207 which is also for sale by the same owner!

Last Agent to Sell the Property

Stephen Moore

(856) 332-0854 s.moore@compass.com Compass New Jersey, LLC - Moorestown License #1004164 Listed on: 10/20/2022

Compass New Jersey, LLC - Moorestown

Last Buyer's Agent

Emily Marchese

(609) 241-5141 info@MarcheseTeam.com Marchese Real Estate LLC

Marchese Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1966

Lot Details

  • 0.82

HOA Fees

  • $397 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 462 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ocean Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Water Oriented
  • Property is near an ocean
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Doors swing in
  • Building is oceanfront but unit may not have water views

Listing and Financial Details

  • Tax Lot 00001 02
  • Assessor Parcel Number 15-00134 02-00001 02-C0314

Community Details

Overview

  • Association fees include air conditioning, all ground fee, common area maintenance, electricity, heat, laundry, lawn maintenance, management, parking fee, pool(s), sewer, trash, water
  • 2 Elevators
  • Low-Rise Condominium
  • Shore Resort Property Management Condos, Phone Number (609) 523-7000
  • Summer Sands Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,652

Year Built

Built in 1966

Lot Details

0

HOA Fees

$397 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • Exclusions: All wall art.
  • Inclusions: All appliances and furniture.
  • New Construction: No
  • Story List: Main
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 462
  • Living Area Sq Ft: 462
  • Price Per Sq Ft: 530.30
  • Above Grade Finished Sq Ft: 462
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1191.46
  • Condo Co-Op Fee Frequency: Quarterly
  • Condo Co-Op Name: Shore Resort Property Management
  • Condo Co-Op Phone: (609) 523- 7000
  • HOA Condo Co-Op Amenities: Laundry Facilities, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Heat, Laundry, Lawn Maintenance, Management, Parking Fee, Pool(s), Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Improvement Assessed Value: 52500.00
  • Land Assessed Value: 147500.00
  • Lot Size Acres: 0.82
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35867.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Zoning: M-1B

Rental Info

  • Furnished: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4798590
  • Tax Annual Amount: 2652.00
  • Assessor Parcel Number: 15-00134 02-00001 02-C0314
  • Tax Lot: 00001 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: WILDWOOD CREST SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 22, 2022
Sold by
Screnity Properties Inc
Bought by
Amato Maria
Seller's Agent
Stephen Moore
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Emily Marchese
Marchese Real Estate LLC
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
31
Current Estimated Value
$340,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,875
Avg. Annual Appreciation
11.04%
Original Mortgage
$182,500
Outstanding Balance
$175,561
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$165,314

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 25, 2021
Sold by
Ann Craggs and Ann Mary
Bought by
Serenity Properties Inc
Seller's Agent
Anthony Chiolo
KELLER WILLIAMS REALTY JERSEY SHORE wc
Buyer's Agent
Anthony Chiolo
KELLER WILLIAMS REALTY JERSEY SHORE wc
List Price
$234,900
Sold Price
$220,000
Premium/Discount to List
-$14,900
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$174,400
Interest Rate
1.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2018
Closed on
May 10, 2018
Sold by
Flood Mike and Flood Kate
Bought by
Epstein Eileen A
Seller's Agent
Shelley J. Van Dyke
CAPE RESORTS REALTY
Buyer's Agent
NANCY HUGHES
COASTAL ELITE REALTY
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2008
Sold by
See Grapes Llc
Bought by
Flood Mike and Flood Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Amato Maria $250,000 Foundation Title
Serenity Properties Inc $220,000 Foundation Title
Epstein Eileen A $139,000 --
Flood Mike $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amato Maria $182,500
Previous Owner Serenity Properties Inc $174,400
Previous Owner Epstein Eileen A $100,000
Previous Owner Flood Mike $135,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $250,000 +2.0% $541 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $245,000 +11.4% $530 / Sq Ft
10/25/2021 10/25/21 Sold $220,000 -6.3% $476 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $234,900 +53.5% $508 / Sq Ft
10/07/2019 10/07/19 Sold $153,000 -0.6% $331 / Sq Ft View Prior Sale
08/24/2019 08/24/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $154,000 +10.8% $333 / Sq Ft
05/10/2018 05/10/18 Sold $139,000 -0.6% $301 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
01/28/2018 01/28/18 For Sale $139,900 -- $303 / Sq Ft
Source: Bright MLS

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 $2,854 $200,000 $147,500 $52,500
2024 $2,854 $200,000 $147,500 $52,500
2023 $2,812 $200,000 $147,500 $52,500
2022 $2,732 $200,000 $147,500 $52,500
2021 $2,652 $200,000 $147,500 $52,500
2020 $2,578 $200,000 $147,500 $52,500
2019 $2,558 $200,000 $147,500 $52,500
2018 $2,516 $200,000 $147,500 $52,500
2017 $2,466 $200,000 $147,500 $52,500
2016 $2,388 $200,000 $147,500 $52,500
2015 $2,352 $200,000 $147,500 $52,500
2014 $2,300 $200,000 $147,500 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Stephen Moore

    Seller's Agent in 2022

    Stephen Moore

    Compass New Jersey, LLC - Moorestown

    (856) 332-0854

    4 in this area

    102 Total Sales

    Stephen Moore
    Section Image
  • Emily Marchese

    Buyer's Agent in 2022

    Emily Marchese

    Marchese Real Estate LLC

    (609) 241-5141

    5 in this area

    215 Total Sales

    Emily Marchese
    Section Image
  • Anthony Chiolo

    Seller's Agent in 2021

    Anthony Chiolo

    KELLER WILLIAMS REALTY JERSEY SHORE wc

    (609) 425-0653

    141 in this area

    172 Total Sales

    Anthony Chiolo
    Section Image

  • N

    Seller's Agent in 2019

    NANCY HUGHES

    COASTAL ELITE REALTY

    Section Image

  • E

    Buyer's Agent in 2019

    Elizabeth Roach

    AVALON REAL ESTATE

    Section Image

  • S

    Seller's Agent in 2018

    Shelley J. Van Dyke

    CAPE RESORTS REALTY

    1 in this area

    8 Total Sales

    Shelley J. Van Dyke
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCM2001520

Bright MLS

APN: 15-00134-02-00001-02-C0314

New Jersey Cape May County Wildwood 08260 The Wildwoods

8401 Atlantic Ave Unit 314, Wildwood, NJ

Not Listed for Sale

Condos

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