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3102 Ocean Avenue

3102 Ocean Avenue, Wildwood, NJ 08260
Condo in Cape May
Sold Jun 04, 2021
$433,000
$316,500 by Firstrust Bank
Mortgage Due Jun 04, 2051
Sold Sep 19, 2012
$243,000
$194,400 by Sun Home Loans
Mortgage Due Oct 01, 2042
3102 Ocean Avenue is a condo located in Cape May, Wildwood. The building was first built in 2002 and is 22 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 3 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 64 days and tend to sell above the original asking price of $379,900 by 5.29%. Meaning, listings tend to sell at a median of $339 price per square foot. The transaction that took the longest to complete was unit I, listed on Feb 10, 2021 for $379,900. This particular unit ultimately sold 64 days later for $400,000. The most recent transaction sold for $433,000 on Jun 04, 2021. Fun fact, the oldest transaction we have on record took place on Apr 15, 2021. See the full transaction history for 3102 Ocean Avenue below.

Cape May, where 3102 Ocean Avenue is located, has a median asking price of $459,900 for condo buildings. Meanwhile, the building itself has a median asking price of $379,900. For interested buyers, that means the building's median asking price is around 0.17% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 120
  • Total Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.003
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: OCEAN & MAPLE CONDO

Ownership

  • Current Owner : TOOLAN KIBY F
  • Current Owner 2: TOOLAN SEAN A
  • Previous Owner : PERLINGIERO STEPHEN C
  • Previous Owner 2: PERLINGIERO MIRIAN J
  • Owner Before Previous Owner: MURPHY ROBERT E
  • Owner Before Previous Owner 2: MURPHY LINDA L
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wildwood City School District
  • Census Tract: 021400

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 38
  • Account Number: 00076264
  • District: 14
  • Parcel: 14 00210-0000-00018-0000-C000E
  • Block: 210
  • Lot: 18
  • Municipality: WILDWOOD CITY
  • Latitude: 38.9891
  • Longitude: -74.8087

    Address

  • Full Address: 3102 Ocean Ave
  • Address - House Number: 3102
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,956

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 546,618
  • High Value: 649,058
  • Low Value: 444,178

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $372,482
  • First Open Lien Mortgage Lender: FIRSTRUST BANK
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $316,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 04, 2051
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Sep 27, 2023
  • Second Open Lien Mortgage Loan Amount: $55,982
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 18, 2033

    Market Valuation

  • Market Total Value: $361,052
  • Market Land Value: $197,628
  • Market Improvement Value: $163,424

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,500
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $107,500

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11840530672
  • Current Sale Price: $433,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021028076
  • Previous Sale Recording Date: Sep 19, 2012
  • Previous Sale Contract Date: Sep 10, 2012
  • Previous Sale Amount: $243,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTRUST BANK
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $316,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: SUN HOME LOANS
  • Previous Mortgage Transaction Date: Sep 19, 2012
  • Previous Mortgage Loan Amount: $194,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Wildwood




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3102 Ocean Avenue located in?
The 3102 Ocean Avenue is a condo located in the neighborhood of Cape May in Wildwood, Wildwood.
What is the average sales price for listings in 3102 Ocean Avenue?
The average sales price for units in 3102 Ocean Avenue is $379,900 , or $339/sqft. currently.

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