Sold for $338,000

$338,000

106 W Spruce Ave #203, North Wildwood, NJ 08260

2beds

783sqft

Condominium

Built in ----

-- sqft lot

$446,500 Zestimate^®

$432/sqft

$2,821 Estimated rent

Home value

$446,500

$420,000 - $482,000

$2,821/mo

Zestimate^® history

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$2,821/mo

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$2,821/mo

Rent Zestimate^®

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$2,519/mo

Est. payment

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$2,519/mo

Est. payment

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What's special

Large community poolSpacious kitchen

This second floor 2 BR/2 Bath Champaign Island Resort condotel is located in the heart of North Wildwood's entertainment district and sits just across the street from the beautiful inlet beach. The unit features a spacious kitchen and living room with a deck that has ocean and beach views. Champagne Island Resort has a large community pool which also features an outside bar operated by Flip Flops. This is an excellent investment opportunity as these larger units bring in top dollar rents all season long including the fall festival weeks. This turnkey unit comes completely furnished and already has approximately 30K in rentals booked for the 2023 season. Rentals are to be booked through an onsite management company which will also provide linens, towels, cleaning, and maintenance services. If you're looking to make an investment in a condotel, be sure to take a look at this unit as it won't disappoint!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Living Room, Kitchen

Heating

Natural Gas, Forced Air

Cooling

Central Air

Appliances

Included: Range, Microwave, Refrigerator, Dishwasher, Disposal, Gas Water Heater

Features

Flooring: Tile
Windows: Blinds
Furnished: Yes

Interior area

Total interior livable area: 783 sqft

Property

Features

Levels: One
Pool features: Community
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Features: Beach Block, Island

Details

Parcel number: 07001910000000040000C0203

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

New construction: No

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Features: Elevator, Deck/Porch, Cable TV

HOA

Has HOA: Yes
HOA fee: $385 monthly

Location

Region: North Wildwood

Financial & listing details

Price per square foot: $432/sqft
Tax assessed value: $200,400
Annual tax amount: $2,921
Date on market: 5/24/2023
Date available: 05/24/2023
Inclusions: Blinds, Rugs, Furniture

Price history

Date	Event	Price
9/29/2023	Sold	$338,000-3.4%$432/sqft
Source: CMCAOR #231334 Report a problem
8/29/2023	Contingent	$349,900$447/sqft
Source: CMCAOR #231334 Report a problem
5/24/2023	Listed for sale	$349,900+6%$447/sqft
Source: CMCAOR #231334 Report a problem
12/14/2022	Sold	$330,000+0%$421/sqft
Source: CMCAOR #222754 Report a problem
9/19/2022	Contingent	$329,900$421/sqft
Source: CMCAOR #222754 Report a problem
8/30/2022	Listed for sale	$329,900$421/sqft
Source: CMCAOR #222754 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,110	$200,400
2024	$3,110 +2.2%	$200,400
2023	$3,044 +8.4%	$200,400
2022	$2,808 +3.7%	$200,400
2021	$2,707 +3.4%	$200,400
2020	$2,617 +2.9%	$200,400
2019	$2,543	$200,400
2018	$2,543 +4.2%	$200,400
2017	$2,441	$200,400
2016	--	$200,400