NOT LISTED FOR SALE

8607 Bayview Dr Wildwood Crest, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $1,138,000 - $1,650,000

5 Beds
4 Baths
4,000 Sq Ft
$344/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $530,000 $132 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $7,972/month

52 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Cathedral Ceiling
  • Island Location
  • Contemporary Architecture
  • 5-minute walk to Sunset Lake Park

About This Home

As of May 2018

See Associated Documents for Agent Disclosure of Defects. Home currently occupied as Primary Residence by Handicapped family member who will cooperate and allow showings with 24 hour prior notice when able. Please restrict appointments to Serious Inquiries Only as the Occupant has health issues which restrict his mobility. Agents - please review Agent Comments regarding property deficiencies prior to scheduling Appointment to show the home. New owners will certainly have a Strong Argument to reduce Current Assessment and enjoy significantly lower taxes. Actual Taxes in 2017 were $9360 based on a $759,000 Assessment. Square footage was taken from Tax Record and not verified by Listing Agent. Furniture not included but available for Sale for $5000 ( not including all the valuable memorabilia throughout the home). Property Also known as 8605-8607 Bayview Drive. 8607 Bayview Drive as per Tax Record.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 01/29/2018

Last Buyer's Agent

Marguerite Byron-Alosi

HOFFMAN AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,778

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 80x80
  • Corner Lot
  • Property is zoned R-2

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Storage
  • Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Parking Pad

Outdoor Features

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 2,2.02 / 148

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,778

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Island
  • District Township: 15-Wildwood Crest
  • Near: Sunset Lake
  • Also Includes: Curtains, Blinds, See Remarks, Window Treatments
  • Estimated Year Built: 1982
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • New Construction: No
  • Lot Size2: 80x80
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1982

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Interior Amenities: Cathedral Ceilings, Fireplace- Gas, Handicap Features, Loft, Skylight, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Total Rooms: 13
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 4000
  • Other Rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Eat-In-Kitchen, Pantry, Laundry/Utility Room, Library/Study, Loft, Great Room, 1st Floor Primary Bedroom

Exterior Features

  • Construction: Two Story, Contemporary
  • Frontage: 80
  • House Color: Tan
  • Outside Features: Patio, Deck, Storage Building

Garage/Parking

  • Parking Garage: Parking Pad, 3 Car

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 2,2.02
  • Lot Size: 6001-10000 SqFt
  • Sub Lot: 3.01,3.02
  • Total Assessment: 759200
  • Zoning: R-2

Tax Info

  • Taxes: 7777.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 8, 2018
Sold by
Mmgnogna Steven K and Borkowski Joseph M
Bought by
Brown Suzanne Y and Raza Syed A
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
Buyer's Agent
Marguerite Byron-Alosi
HOFFMAN AGENCY
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%
Current Estimated Value
$1,375,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,480
Avg. Annual Appreciation
13.62%
Original Mortgage
$450,500
Outstanding Balance
$387,895
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$987,585

Purchase Details

Closed on
Nov 3, 2016
Sold by
Mignogna Steven K and Borkowski Jospeh M
Bought by
Mignogna Steven K and Borkowski Joseph M

Purchase Details

Closed on
Aug 13, 2002
Source: Public Records

Range of Values:

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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
Brown Suzanne Y $530,000 --
Mignogna Steven K -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Suzanne Y $450,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $530,000 -3.6% $133 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $549,900 -- $137 / 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 $9,276 $650,000 $298,800 $351,200
2024 $9,276 $650,000 $298,800 $351,200
2023 $9,139 $650,000 $298,800 $351,200
2022 $8,879 $650,000 $298,800 $351,200
2021 $8,619 $650,000 $298,800 $351,200
2020 $8,379 $650,000 $298,800 $351,200
2019 $8,314 $650,000 $298,800 $351,200
2018 $9,551 $759,200 $408,000 $351,200
2017 $9,361 $759,200 $408,000 $351,200
2016 $9,065 $759,200 $408,000 $351,200
2015 $8,928 $759,200 $408,000 $351,200
2014 $8,731 $759,200 $408,000 $351,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2018

    Paul Zografakis

    RE/MAX SURFSIDE

    (609) 846-3100

    168 in this area

    171 Total Sales

    Paul Zografakis
    Section Image

  • M

    Buyer's Agent in 2018

    Marguerite Byron-Alosi

    HOFFMAN AGENCY

    (609) 425-0964

    69 in this area

    73 Total Sales

    Marguerite Byron-Alosi
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 180109

Cape May County Association of REALTORS®

APN: 15 00148-0000-00002- 01

New Jersey Cape May County Wildwood Crest 08260 The Wildwoods

8607 Bayview Dr, Wildwood Crest, NJ

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