NOT LISTED FOR SALE

Estimated Value: $1,069,000 - $1,315,000

3 Beds
2 Baths
1,906 Sq Ft
$677/mo HOA Fee

Last Sold December 23, 2019

Last sale price $640,000 $336 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,059/month

44 Days on Market

Highlights

  • Water Views
  • Island Location
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Clubhouse
  • Corner Lot

About This Home

As of December 2019

This home is located at 7701 Atlantic Ave Unit 402, Wildwood, NJ 08260 since 15 October 2019 and is currently estimated at $1,192,724, approximately $625 per square foot. This property was built in 2005. 7701 Atlantic Ave Unit 402 is a home located in Cape May County with nearby schools including Crest Memorial School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Listed By

Christine A. Henderson

CHRIS HENDERSON REALTY Listed on: 10/15/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,674

Year Built

  • Built in 2005

Lot Details

  • 2.5

HOA Fees

  • $677 Monthly HOA Fees

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • Outdoor Shower
  • Building is beachfront but unit may not have water views
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 1 / 99.02

Community Details

Amenities

  • Community Deck or Porch
  • Clubhouse
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,674

Year Built

Built in 2005

Lot Details

0

HOA Fees

$677 per month

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Beach Block, Corner, Island, Water View
  • District Township: 15-Wildwood Crest
  • Near: BEACH
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2005
  • New Construction: No
  • Capital Contribution: Yes
  • Pet Friendly: Owners allowed pets
  • OFFICELIST_ADDRESS2: 402 Coastal Colors
  • Second Address Number: 7701
  • Price per Sq Ft: 335.78
  • Selling Agent1: 1981
  • Selling Office1: 662
  • OFFICELIST_STATE: NJ
  • Street Designation: Avenue
  • CondoFeeFrequency: Monthly
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Number Of Stories: One
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Estimated Living Sq Ft: 1906
  • Other Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Storage Space

Garage/Parking

  • Parking: 2 Car, Assigned Parking

Utilities

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

Condo/Co-op/Association

  • Unit: 402
  • Common Area Features: Elevator, Deck/Porch, Storage Facilities, Cable TV, Outside Shower, Pool, Whirlpool/Spa, Clubhouse/Clubroom
  • Condo Fees: 677.00
  • Unit Features: Fireplace, Kitchen Center Island, Hardwood Floors, Foyer
  • Unit Location: Corner, Water View

Lot Info

  • Lot Number: 1

Tax Info

  • Taxes: 7673.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Lomino Robert C and Lomino Kathleen M
Bought by
Robert Lomino Irrevocable Trust and Kathleen Lomino Irrevocable Trust
Total Days on Market
44
Current Estimated Value
$1,192,724

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 23, 2019
Sold by
Poore Matthew and Raghubeer Aarti
Bought by
Lomino Robert C and Lomino Kathleen M
Seller's Agent
Christine A. Henderson
CHRIS HENDERSON REALTY
Buyer's Agent
Joan Morey
LONG & FOSTER REAL ESTATE, INC nww
List Price
$689,000
Sold Price
$640,000
Premium/Discount to List
-$49,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%

Purchase Details

Listed on
Jun 27, 2015
Closed on
Apr 23, 2016
Sold by
Shontz Thomas Scott and Shontz Krystyna
Bought by
Poore Matthew C and Raghubeer Aarti
Seller's Agent
Jaqueline Bada-Gaffney
LONG & FOSTER REAL ESTATE, INC nww
List Price
$675,000
Sold Price
$610,000
Premium/Discount to List
-$65,000
-9.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Mar 23, 2006
Sold by
Eitman Philip J
Bought by
Shontz Thomas Scott and Shontz Krystyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,560
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Robert Lomino Irrevocable Trust -- None Listed On Document
Lomino Robert C $640,000 Misc Company
Poore Matthew C $610,000 None Available
Shontz Thomas Scott $948,200 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shontz Thomas Scott $758,560
Previous Owner Eitman Philip J $200,000
Previous Owner Eitman Philip $598,550
Previous Owner Eitman Philip J $588,300
Closed Eitman Philip J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $640,000 -7.1% $336 / Sq Ft
11/28/2019 11/28/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $689,000 +13.0% $361 / Sq Ft
04/23/2016 04/23/16 Sold $610,000 -9.6% $320 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
06/27/2015 06/27/15 For Sale $675,000 -- $354 / 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
2024 $8,705 $610,000 $425,000 $185,000
2023 $8,577 $610,000 $425,000 $185,000
2022 $8,333 $610,000 $425,000 $185,000
2021 $6,070 $610,000 $425,000 $185,000
2020 $7,863 $610,000 $425,000 $185,000
2019 $7,802 $610,000 $425,000 $185,000
2018 $7,674 $610,000 $425,000 $185,000
2017 $9,000 $729,900 $425,000 $304,900
2016 $8,715 $729,900 $425,000 $304,900
2015 $8,584 $729,900 $425,000 $304,900
2014 $8,394 $729,900 $425,000 $304,900
Source: Public Records

Agents Affiliated with this Home

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Source: Cape May County Association of REALTORS®

MLS Number: 190103

Cape May County Association of REALTORS®

APN: 15-00099-02-00001-0000-C0402