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225 West 2nd Avenue

225 West 2nd Avenue, Wildwood, NJ 08260
Property in Cape May
Sold Aug 04, 2016
$310,000
$232,500 by Prosperity Home Mortgage Llc
Mortgage Due Aug 01, 2046
Local assessors in Wildwood, NJ have categorized 225 West 2nd Avenue as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. If we look only at the heated or air conditioned part of the building, then 225 West 2nd Avenue has a total of 2,064 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. The property was last sold in Jul 22, 2016 for $310,000. That's $150.19 per sqft. 225 West 2nd Avenue was last assessed in 2023. The total value of the property was assessed at $325,000. Specifically, the land the property is located on was valued at $185,000. While improvements on the property were assessed at a total of $140,000. 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 $4,937. 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: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KNIELE GERARD J
  • Current Owner 2: DALY THERESE A
  • Previous Owner : MILLS JOANNA
  • Previous Owner 2: FRANCESCHINI ANTOINETTE

Neighborhood

  • School District Name: North Wildwood City School District
  • Census Tract: 021300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 44
  • District: 07
  • Parcel: 07 00157-0000-00022
  • Block: 157
  • Lot: 22
  • Municipality: NORTH WILDWOOD CITY
  • Latitude: 39.0093
  • Longitude: -74.7968

    Address

  • Full Address: 225 W 2nd Ave
  • Address - House Number: 225
  • Street Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 2909
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,937

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 702,015
  • High Value: 879,790
  • Low Value: 524,240

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $450,500
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2016
  • First Open Lien Mortgage Loan Amount: $232,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2046
  • Second Open Lien Mortgage Lender: POLICE AND FIRE FEDERAL CREDIT
  • Second Open Lien Mortgage Recording Date: Feb 03, 2021
  • Second Open Lien Mortgage Loan Amount: $218,000
  • Second Open Lien Mortgage Term: 228
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2040

    Market Valuation

  • Market Total Value: $463,293
  • Market Land Value: $263,721
  • Market Improvement Value: $199,572

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $140,000

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Aug 04, 2016
  • Current Sale Transaction ID: 1806742941
  • Current Sale Price: $310,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0210

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 04, 2016
  • First Mortgage Loan Amount: $232,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

About North Wildwood



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Frequently Asked Questions

What neighborhood is 225 West 2nd Avenue located in?
The 225 West 2nd Avenue is a located in the neighborhood of Cape May in North Wildwood, Wildwood.
What is the average sales price for listings in 225 West 2nd Avenue?
The average sales price for units in 225 West 2nd Avenue is $0 currently.

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