NOT LISTED FOR SALE

16 Malibu Way Unit 7 Galloway, NJ 08205

Smithville Neighborhood

Estimated Value: $154,000 - $177,000

1 Bed
1 Bath
-- Sq Ft
305 Sq Ft Lot

Last Sold April 22, 2021

Last sale price $87,000

Est. 91% increase in value since last sale

Current estimated payment $1,076/month

Highlights

  • Cathedral Ceiling
  • Walk-In Closet
  • Central Air
  • Absegami High School Rated A-

About This Home

As of August 2021

GORGEOUS COMPLETELY REMODELED 2ND FLOOR CORNER ONE BEDROOM WITH BALCONY IN A GREAT LOCATION AT FOX CHASE HAS EVERYTHING! INCLUDES CLUBHOUSE, POOL, FITNESS CENTER AND TENNIS COURTS. WALK TO SMITHVILLE VILLAGE. AVAILABLE IMMEDIATELY!

Last Agent to Rent the Property

Michael Shamberg

BHHS DIVERSIFIED REALTY Listed on: 04/24/2021

BHHS DIVERSIFIED REALTY

Last Renter's Agent

Michael Shamberg

BHHS DIVERSIFIED REALTY Listed on: 04/24/2021

BHHS DIVERSIFIED REALTY

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,136

Year Built

  • 1983

Lot Details

  • 305

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Laminate Flooring
  • Washer

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • Fox Chase Condos
  • Storm Screens

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,136

Year Built

1983

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 1195

Listing Details

  • Class: Rental Non-Commercial
  • Type: Condominium (Rental)
  • Lvt Date: 04/24/2021
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Laminate Flooring
  • Interior Amenities: Cathedral Ceiling, Walk In Closet
  • Bedrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Condo Name: Fox Chase

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 22, 2021
Sold by
Davis Shannon E
Bought by
Atique Kazi and Atique Sheela
Seller's Agent
Nancy Vasta
GLEN COVE REAL ESTATE
Buyer's Agent
Michael Shamberg
BHHS DIVERSIFIED REALTY
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Current Estimated Value
$166,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,033
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
Apr 7, 2010
Sold by
Washuta Todd J
Bought by
Davis Shannon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,025
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Groff Frederic
Bought by
Todd Washuta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Weber Graham
Bought by
Groff Frederic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,600
Interest Rate
6.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 19, 2000
Sold by
Curio Georgia M
Bought by
Weber Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
8.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atique Kazi $87,000 Title Company Of Jersey
Davis Shannon E $88,225 Foundation Title
Todd Washuta $127,000 --
Groff Frederic $58,250 Fidelity National Title
Weber Graham $38,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Shannon E $90,025
Previous Owner Todd Washuta $50,000
Previous Owner Groff Fredric $77,650
Previous Owner Groff Frederic $46,600
Previous Owner Weber Graham $20,000
Previous Owner Weber Graham $9,000
Previous Owner Weber Graham $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Rented -- -- --
04/24/2021 04/24/21 For Rent $1,195 0.0% --
04/22/2021 04/22/21 Sold $87,000 -3.2% --
03/29/2021 03/29/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $89,900 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,136 $64,000 $33,000 $31,000
2024 $2,136 $64,000 $33,000 $31,000
2023 $1,638 $51,000 $20,000 $31,000
2022 $1,638 $51,000 $20,000 $31,000
2021 $1,605 $51,000 $20,000 $31,000
2020 $1,579 $51,000 $20,000 $31,000
2019 $1,550 $51,000 $20,000 $31,000
2018 $1,572 $51,000 $20,000 $31,000
2017 $1,572 $51,000 $20,000 $31,000
2016 $1,559 $51,000 $20,000 $31,000
2015 $1,551 $51,000 $20,000 $31,000
2014 $1,500 $51,000 $20,000 $31,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Vasta

    Seller's Agent in 2021

    Nancy Vasta

    GLEN COVE REAL ESTATE

    (609) 204-1706

    3 in this area

    93 Total Sales

    Nancy Vasta
    Section Image
  • Michael Shamberg

    Landlord's Agent in 2021

    Michael Shamberg

    BHHS DIVERSIFIED REALTY

    (609) 432-6650

    6 in this area

    134 Total Sales

    Michael Shamberg
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 549846

South Jersey Shore Regional MLS

APN: 11-01173-02-00002-02-C0157

New Jersey Atlantic County Galloway 08205 Smithville

16 Malibu Way Unit 7, Galloway, NJ

This home is located at 16 Malibu Way Unit 7, Galloway, NJ 08205 since 24 April 2021 and is currently priced at $166,033. This property was built in 1983. 16 Malibu Way Unit 7 is a home located in Atlantic County with nearby schools including Absegami High School, Cedar Creek High School, and Oakcrest High School.

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