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145 West Spencer Avenue

145 West Spencer Avenue, Wildwood, NJ 08260
Property in Cape May
Sold Jan 09, 2004
$3,250,000
Sold May 01, 1995
$125,000
$110,000 by Joseph Barnes
Mortgage
145 West Spencer Avenue has been categorized by the local assessors in Wildwood, NJ as a residential type of property. The building on the property was first built in 1977 and is 47 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 145 West Spencer Avenue has 1,225 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,999 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Jan 7, 2004 for $3,250,000. That's $2,653.06 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 1995 for $125,000. 145 West Spencer Avenue was last assessed in 2023. The total value of the property was assessed at $171,200. Specifically, the land the property is located on was valued at $80,000. While improvements on the property were assessed at a total of $91,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,014. The initial tax year of delinquency was in 2018. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,225
  • Building Area: 1,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,225
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OCEAN SANDS PROPERTIES LLC
  • Previous Owner : MIDTOWN PROPERTIES LLC
  • Owner Before Previous Owner: BARNES JOSEPH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wildwood City School District
  • Census Tract: 021500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 21
  • Account Number: 00052860
  • District: 14
  • Parcel: 14 00145-0000-00001
  • Block: 145
  • Lot: 1
  • Municipality: WILDWOOD CITY
  • Latitude: 38.9898
  • Longitude: -74.82

    Address

  • Full Address: 145 W Spencer Ave
  • Address - House Number: 145
  • Street Direction: W
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C008
  • 4-Digit Zip Code: 1932
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,014
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 413,629
  • High Value: 519,698
  • Low Value: 307,560

    Market Valuation

  • Market Total Value: $260,262
  • Market Land Value: $121,618
  • Market Improvement Value: $138,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,200
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $91,200

    Sales

  • Current Sale Contract Date: Jan 07, 2004
  • Current Sale Recording Date: Jan 09, 2004
  • Current Sale Transaction ID: 1099996225
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0472
  • Previous Sale Recording Date: May 01, 1995
  • Previous Sale Contract Date: Apr 26, 1995
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN NATIONAL BANK
  • First Mortgage Transaction Date: Jan 09, 2004
  • First Mortgage Loan Amount: $2,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: JOSEPH BARNES
  • Previous Mortgage Transaction Date: May 01, 1995
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360

About Wildwood



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Frequently Asked Questions

What neighborhood is 145 West Spencer Avenue located in?
The 145 West Spencer Avenue is a located in the neighborhood of Cape May in Wildwood, Wildwood.
What is the average sales price for listings in 145 West Spencer Avenue?
The average sales price for units in 145 West Spencer Avenue is $0 currently.

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