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113 East Monterey Avenue

113 East Monterey Avenue, Wildwood, NJ 08260
Property in Cape May
Sold Sep 10, 2021
$452,000
$361,600 by Advisors Mortgage Group Llc
Mortgage
Sold Jun 22, 1998
$45,590
$53,000 by First Union Mortgage Corp
Mortgage
Local assessors in Wildwood, NJ have categorized 113 East Monterey Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 3,598 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 400 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 113 East Monterey Avenue has a total of 852 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 113 East Monterey Avenue was last sold in Aug 31, 2021 for $452,000. According to our calculations, that's $530.52 per sqft. Prior to that sales transaction, the property was sold for $45,590 in Jun 11, 1998. Current property owners are expected to pay $4,467 in taxes per year. The property on 113 East Monterey Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,700. To break that down further, the land itself was valued at $262,100. While improvements to the property were assessed at a total of $55,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,598
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 852
  • Building Area: 852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FERRONI NICHOLAS
  • Current Owner 2: FERRONI KIMBERLY
  • Previous Owner : DEIGNAN JOHN D
  • Previous Owner 2: DEIGNAN CAROLE A
  • Owner Before Previous Owner: PETERSON EDWARD J
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wildwood Crest Borough School District
  • Census Tract: 021600

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 15
  • Parcel: 15 00120-0000-00009
  • Block: 120
  • Lot: 9
  • Municipality: WILDWOOD CREST BORO
  • Latitude: 38.9683
  • Longitude: -74.8444

    Address

  • Full Address: 113 E Monterey Ave
  • Address - House Number: 113
  • Street Direction: E
  • Address - Street Name: Monterey
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C013
  • 4-Digit Zip Code: 3619
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,467

    Appraisal Valuation

  • Standard Deviation: 0.2507
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 589,513
  • High Value: 737,311
  • Low Value: 441,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,600
  • First Open Lien Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $361,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $419,905
  • Market Land Value: $346,418
  • Market Improvement Value: $73,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,700
  • Assessed Land Value: $262,100
  • Assessed Improvements Value: $55,600

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11857429195
  • Current Sale Price: $452,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021040911
  • Previous Sale Recording Date: Jun 22, 1998
  • Previous Sale Contract Date: Jun 11, 1998
  • Previous Sale Amount: $45,590
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVISORS MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $361,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNION MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 22, 1998
  • Previous Mortgage Loan Amount: $53,000
  • Previous Mortgage Term: 360

About Wildwood Crest



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Frequently Asked Questions

What neighborhood is 113 East Monterey Avenue located in?
The 113 East Monterey Avenue is a located in the neighborhood of Cape May in Wildwood Crest, Wildwood.
What is the average sales price for listings in 113 East Monterey Avenue?
The average sales price for units in 113 East Monterey Avenue is $0 currently.

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