NOT LISTED FOR SALE

8706 Atlantic Ave Unit 2 Wildwood, NJ 08260

The Wildwoods Neighborhood

Estimated Value: $758,000 - $1,001,000

3 Beds
2 Baths
1,290 Sq Ft
$341/mo HOA Fee

Last Sold May 12, 2022

Last sale price $650,000 $504 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,279/month

1 Day on Market

Highlights

  • Water Views
  • Island Location
  • Corner Lot
  • Property is near a beach
  • Wood Flooring
  • Fenced Yard

About This Home

As of May 2022

This home is located at 8706 Atlantic Ave Unit 2, Wildwood, NJ 08260 since 11 April 2022 and is currently estimated at $850,132, approximately $659 per square foot. 8706 Atlantic Ave Unit 2 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

Jamie Mancini

LONG & FOSTER REAL ESTATE, INC nww Listed on: 04/11/2022

LONG & FOSTER REAL ESTATE, INC nww

Last Buyer's Agent

Jamie Mancini

LONG & FOSTER REAL ESTATE, INC nww Listed on: 04/11/2022

LONG & FOSTER REAL ESTATE, INC nww

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,198

Lot Details

  • 4,225

HOA Fees

  • $341 Monthly HOA Fees

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Property is near a beach

Utilities

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

Additional Features

  • Fenced Yard
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 4 / 153

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Community Deck or Porch
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,198

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island, Water View
  • District Township: 15-Wildwood Crest
  • Also Includes: Drapes, Curtains, Shades, Blinds, Rugs, Partial Furniture
  • Beach Proximity: 1 Block
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1290
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Fenced Yard, Storage Facilities, Cable TV, Outside Shower
  • Condo Fees: 341.00
  • Unit Features: Hardwood Floors, Wall To Wall Carpet
  • Unit Location: Corner, Top Floor, Water View

Lot Info

  • Lot Number: 4

Tax Info

  • Taxes: 5197.92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 6, 2022
Sold by
Frangakis George J and Frangakis Kelly A
Bought by
Veneri Dennis V and Veneri Jean M
Seller's Agent
Jamie Mancini
LONG & FOSTER REAL ESTATE, INC nww
Buyer's Agent
Jamie Mancini
LONG & FOSTER REAL ESTATE, INC nww
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$850,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,132
Avg. Annual Appreciation
7.79%

Purchase Details

Listed on
Nov 11, 2015
Closed on
Jun 6, 2017
Sold by
Gencarelli Salvatore and Gencarelli Adelina
Bought by
Frangakis George J and Frangakis Kelly A
Seller's Agent
Darleen Devlin
CENTURY 21 ALLIANCE wc
Buyer's Agent
Jamie Mancini
LONG & FOSTER REAL ESTATE, INC nww
List Price
$459,000
Sold Price
$395,000
Premium/Discount to List
-$64,000
-13.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$316,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Newgrange Associates Llc
Bought by
Gencarelli Salvatore and Gencarelli Adelina
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
Veneri Dennis V $650,000 Infinity Title
Frangakis George J $395,000 None Available
Gencarelli Salvatore $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frangakis George J $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $650,000 0.0% $504 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $650,000 +64.6% $504 / Sq Ft
06/09/2017 06/09/17 Sold $395,000 -13.9% $306 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
11/11/2015 11/11/15 For Sale $459,000 -- $356 / 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 $5,594 $392,000 $245,000 $147,000
2024 $5,594 $392,000 $245,000 $147,000
2023 $5,512 $392,000 $245,000 $147,000
2022 $5,355 $392,000 $245,000 $147,000
2021 $5,198 $392,000 $245,000 $147,000
2020 $5,053 $392,000 $245,000 $147,000
2019 $5,014 $392,000 $245,000 $147,000
2018 $4,931 $392,000 $245,000 $147,000
2017 $4,833 $392,000 $245,000 $147,000
2016 $4,680 $392,000 $245,000 $147,000
2015 $4,610 $392,000 $245,000 $147,000
2014 $4,508 $392,000 $245,000 $147,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jamie Mancini

    LONG & FOSTER REAL ESTATE, INC nww

    (609) 435-0208

    12 in this area

    13 Total Sales

    Jamie Mancini
    Section Image

  • D

    Seller's Agent in 2017

    Darleen Devlin

    CENTURY 21 ALLIANCE wc

    (609) 522-1212

    12 in this area

    28 Total Sales

    Darleen Devlin
    Section Image
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 221035

Cape May County Association of REALTORS®

APN: 15-00153-01-00004-0000-C0002

New Jersey Cape May County Wildwood 08260 The Wildwoods

8706 Atlantic Ave Unit 2, Wildwood, NJ

Not Listed for Sale

Condos

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