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511 West Magnolia Avenue

511 West Magnolia Avenue, Wildwood, NJ 08260
Property in Cape May
Sold May 29, 2012
$135,000
$230,000 by Philadelphia Federal Credit Un
Mortgage Due Dec 01, 2050
Sold Aug 09, 1988
$75,000
Local assessors in Wildwood, NJ have categorized 511 West Magnolia Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 4,800 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 600 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 511 West Magnolia Avenue has a total of 1,730 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, 511 West Magnolia Avenue was last sold in May 18, 2012 for $135,000. According to our calculations, that's $78.03 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Aug 5, 1988. Current property owners are expected to pay $5,653 in taxes per year. The property on 511 West Magnolia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $298,000. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $228,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,730
  • Building Area: 1,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KEYSER HERBERT A
  • Current Owner 2: GARVIN KEYSER THERESA M
  • Previous Owner : MCKEEVER THOMAS J
  • Owner Before Previous Owner: RHUBERG ROBERT
  • Owner Before Previous Owner 2: RHUBERG JOAN
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: West Wildwood Borough School District
  • Census Tract: 021400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 13
  • Parcel: 13 00135-0000-00025
  • Block: 135
  • Lot: 25
  • Municipality: WEST WILDWOOD BORO
  • Latitude: 38.9984
  • Longitude: -74.8186

    Address

  • Full Address: 511 W Magnolia Ave
  • Address - House Number: 511
  • Street Direction: W
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C006
  • 4-Digit Zip Code: 2229
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,653

    Appraisal Valuation

  • Standard Deviation: 0.2705
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 546,569
  • High Value: 694,457
  • Low Value: 398,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: PHILADELPHIA FEDERAL CREDIT UN
  • First Open Lien Mortgage Recording Date: Nov 04, 2020
  • First Open Lien Mortgage Loan Amount: $230,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $444,047
  • Market Land Value: $104,306
  • Market Improvement Value: $339,741

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,000
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $228,000

    Sales

  • Current Sale Contract Date: May 18, 2012
  • Current Sale Recording Date: May 29, 2012
  • Current Sale Transaction ID: 1191769357
  • Current Sale Price: $135,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 0319
  • Previous Sale Recording Date: Aug 09, 1988
  • Previous Sale Contract Date: Aug 05, 1988
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GCF BANK
  • First Mortgage Transaction Date: May 29, 2012
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

About West Wildwood



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 511 West Magnolia Avenue located in?
The 511 West Magnolia Avenue is a located in the neighborhood of Cape May in West Wildwood, Wildwood.
What is the average sales price for listings in 511 West Magnolia Avenue?
The average sales price for units in 511 West Magnolia Avenue is $0 currently.

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