NOT LISTED FOR SALE

8705 New Jersey Ave Unit 2 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $552,308 - $632,000

3 Beds
1 Bath
-- Sq Ft
6,403 Sq Ft Lot

Last Sold June 01, 2016

Last sale price $243,000

Est. 142% increase in value since last sale

Current estimated payment $3,329/month

329 Days on Market

Highlights

  • Property near a bay
  • Ground Level Unit
  • Living Room
  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2016

Beautiful 3 bedroom Condo Deep in the Peaceful and Desirable South End of the Crest. Experience Sea Shore Life in this Well maintained Open Layout condo. This 3 Bedroom 1st Floor End Unit Beauty features a Large Eat-In Kitchen, Open Living & Dining Areas, Central Air, Efficient Gas Base Board Heating and Very Convenient Assigned Parking just steps from your front door. This Attractive building is part of a well run 4 Unit Healthy Condo association with low - low monthly fees (which include Water/sewer) and ultra low taxes. Just across the street, you'll find the Crest Community Swimming pool open year round for your enjoyment. A few short minutes from Victorian Cape May, this home will make the perfect Shore Home. Don't wait - Call Today.

Last Agent to Sell the Property

Paul Zografakis

RE/MAX SURFSIDE License #0565035 Listed on: 06/08/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,540

Lot Details

  • 6,403

Interior Spaces

  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Parking Pad
  • Assigned Parking

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Ground Level Unit

Listing and Financial Details

  • Legal Lot and Block 16 / 151

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,540

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • District Township: 15-Wildwood Crest
  • Near: Bay, Community Pool
  • Also Includes: Curtains, Blinds, Partial Furniture
  • Bay Proximity: 1 Block
  • Beach Proximity: 4 Blocks
  • Pet Friendly: Owners allowed pets
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 1.1
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Other Rooms: Living Room, Dining Room, Kitchen, Eat In Kitchen

Garage/Parking

  • Parking: Parking Pad, 1 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Cable TV
  • Condo Fees: 267/month
  • Unit Location: First Floor, Corner

Lot Info

  • Lot Number: 16

Tax Info

  • Taxes: 2540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
May 20, 2016
Sold by
Kotsch Gary C and Kotsch Elizabeth Ann
Bought by
Rizzo Jeffrey J and Rizzo Kathleen L
Seller's Agent
Paul Zografakis
RE/MAX SURFSIDE
List Price
$268,900
Sold Price
$243,000
Premium/Discount to List
-$25,900
-9.63%
Current Estimated Value
$587,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,077
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Aug 20, 2005
Sold by
Web 77 Llc
Bought by
Kotsch Gary C and Kotsch Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
Mcdevitt John J and Mcdevitt Jacqueline
Bought by
Web 77 Llc
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
Rizzo Jeffrey J $243,000 Mutual Title Agency Inc
Kotsch Gary C $290,000 --
Web 77 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotsch Gary C $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Sold $243,000 -9.6% --
05/02/2016 05/02/16 Pending -- -- --
06/08/2015 06/08/15 For Sale $268,900 -- --
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 $3,082 $216,000 $122,000 $94,000
2024 $3,082 $216,000 $122,000 $94,000
2023 $3,037 $216,000 $122,000 $94,000
2022 $2,951 $216,000 $122,000 $94,000
2021 $2,864 $216,000 $122,000 $94,000
2020 $2,784 $216,000 $122,000 $94,000
2019 $2,763 $216,000 $122,000 $94,000
2018 $2,717 $216,000 $122,000 $94,000
2017 $2,663 $216,000 $122,000 $94,000
2016 $2,579 $216,000 $122,000 $94,000
2015 $2,540 $216,000 $122,000 $94,000
2014 $2,484 $216,000 $122,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Zografakis

    Seller's Agent in 2016

    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: 164521

Cape May County Association of REALTORS®

APN: 15-00151-0000-00016-0000-C0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

8705 New Jersey Ave Unit 2, Wildwood, NJ

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