NOT LISTED FOR SALE

Estimated Value: $1,090,281 - $1,481,000

3 Beds
2 Baths
1,600 Sq Ft
$610/mo HOA Fee

Last Sold November 09, 2023

Last sale price $1,100,000 $688 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,930/month

50 Days on Market

Highlights

  • Beach Front
  • Corner Lot
  • Community Pool
  • Island Location
  • Furnished
  • Elevator

About This Home

As of November 2023

This home is located at 9400 Ocean Ave Unit 703, Wildwood, NJ 08260 since 09 August 2023 and is currently estimated at $1,225,320, approximately $765 per square foot. 9400 Ocean Ave Unit 703 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

Christine A. Henderson

CHRIS HENDERSON REALTY License #7847809 Listed on: 08/09/2023

Last Buyer's Agent

Jessica Lees

LEES REAL ESTATE License #9803301

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,046

Lot Details

  • 218

HOA Fees

  • $610 Monthly HOA Fees

Property Views

  • Water
  • Pool

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Storage Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Assigned Parking

Utilities

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

Additional Features

  • Outdoor Shower
  • Beach Front
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 189

Community Details

Amenities

  • Building Patio
  • Community Deck or Porch
  • Elevator

Recreation

  • Community Pool

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,046

Lot Details

0

HOA Fees

$610 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Front, Corner, Island, Water Front, Water View
  • District Township: 15-Wildwood Crest
  • Near: BEACH
  • Also Includes: Drapes, Blinds, Furniture
  • New Construction: No
  • Capital Contribution: Yes
  • OFFICELIST_ADDRESS2: President Condominiums
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Annually
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

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
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1600
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: Garage, 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Common Area Features: Elevator, Patio, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool
  • Condo Fees: 7320.00
  • Unit Features: Kitchen Center Island, Wall To Wall Carpet, Tile Floors
  • Unit Location: Pool View, Water View

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 10045.56
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 30, 2023
Sold by
Mohan Ram C and Mohan Kusum C
Bought by
Bossong Kenneth J and Bossong Nancy M
Seller's Agent
Christine A. Henderson
CHRIS HENDERSON REALTY
Buyer's Agent
Jessica Lees
LEES REAL ESTATE
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
189
Current Estimated Value
$1,225,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,320
Avg. Annual Appreciation
5.32%
Original Mortgage
$350,000
Outstanding Balance
$343,883
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$881,437

Purchase Details

Closed on
Mar 5, 2014
Sold by
Mohan Ram C and Mohan Kusum C
Bought by
Mohan Ram C and Mohan Kusum C

Purchase Details

Closed on
Dec 19, 1990
Sold by
Logut Stephen
Bought by
Mohan Ram C and Mohan Kusum C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bossong Kenneth J $1,100,000 Title Company Of Jersey
Bossong Kenneth J $1,100,000 Title Company Of Jersey
Mohan Ram C -- None Available
Mohan Ram C $270,000 --
Mohan Ram C $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bossong Kenneth J $350,000
Closed Bossong Kenneth J $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $1,100,000 -4.3% $688 / Sq Ft
10/04/2023 10/04/23 For Sale $1,150,000 0.0% $719 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $1,150,000 -- $719 / 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 $10,494 $735,400 $600,000 $135,400
2024 $10,494 $735,400 $600,000 $135,400
2023 $10,340 $735,400 $600,000 $135,400
2022 $10,046 $735,400 $600,000 $135,400
2021 $9,751 $735,400 $600,000 $135,400
2020 $9,479 $735,400 $600,000 $135,400
2019 $9,406 $735,400 $600,000 $135,400
2018 $9,251 $735,400 $600,000 $135,400
2017 $9,067 $735,400 $600,000 $135,400
2016 $8,781 $735,400 $600,000 $135,400
2015 $8,648 $735,400 $600,000 $135,400
2014 $8,457 $735,400 $600,000 $135,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 232097

Cape May County Association of REALTORS®

APN: 15-00189-0000-00001-0000-C0703