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323 East Preston Avenue

323 East Preston Avenue, Wildwood, NJ 08260
Property in Cape May
Sold Oct 07, 2008
$548,000
Sold Oct 04, 2007
$650,000
$520,000 by Countrywide Bank Fsb
Mortgage Due Oct 01, 2037
323 East Preston 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 2007 and is 17 years old. The building has a total of 2 stories. In addition, 323 East Preston Avenue has 1,828 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 800 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 4,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 Mar 14, 2008 for $548,000. That's $299.78 per sqft. Prior to that sales transaction, the property was also sold in Sep 27, 2007 for $650,000. 323 East Preston Avenue was last assessed in 2023. The total value of the property was assessed at $520,400. Specifically, the land the property is located on was valued at $238,000. While improvements on the property were assessed at a total of $282,400. 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 $7,317. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • 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: 1,828
  • Building Area: 1,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 321-323 E PRESTON

Ownership

  • Current Owner : ALBERICI THOMAS M
  • Current Owner 2: ALBERICI DEBORAH A
  • Previous Owner : WADE MICHELLE POLITO
  • Owner Before Previous Owner: SANDS IN THE CREST LLC

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 15
  • Parcel: 15 00143- 01-00004-0000-C0323
  • Block: 143.01
  • Lot: 4
  • Municipality: WILDWOOD CREST BORO
  • Latitude: 38.9635
  • Longitude: -74.8439

    Address

  • Full Address: 323 E Preston Ave
  • Address - House Number: 323
  • Street Direction: E
  • Address - Street Name: Preston
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wildwood
  • Carrier Code: C014
  • 4-Digit Zip Code: 3539
  • Zip Code: 08260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,317

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 945,890
  • High Value: 1,188,449
  • Low Value: 703,331

    Market Valuation

  • Market Total Value: $687,814
  • Market Land Value: $314,565
  • Market Improvement Value: $373,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,400
  • Assessed Land Value: $238,000
  • Assessed Improvements Value: $282,400

    Sales

  • Current Sale Contract Date: Mar 14, 2008
  • Current Sale Recording Date: Oct 07, 2008
  • Current Sale Transaction ID: 1119184730
  • Current Sale Price: $548,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0359
  • Previous Sale Recording Date: Oct 04, 2007
  • Previous Sale Contract Date: Sep 27, 2007
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Oct 07, 2008
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 173
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Oct 04, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2037

About Wildwood Crest



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Frequently Asked Questions

What neighborhood is 323 East Preston Avenue located in?
The 323 East Preston Avenue is a located in the neighborhood of Cape May in Wildwood Crest, Wildwood.
What is the average sales price for listings in 323 East Preston Avenue?
The average sales price for units in 323 East Preston Avenue is $0 currently.

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