NOT LISTED FOR SALE

245 W Jimmie Leeds Rd Galloway, NJ 08205

Estimated Value: $465,000 - $530,000

5 Beds
2 Baths
-- Sq Ft
15.88 Acres

Last Sold April 07, 2019

Last sale price $265,000

Est. 83% increase in value since last sale

Current estimated payment $3,119/month

424 Days on Market

Highlights

  • Farm
  • Wood Flooring
  • Eat-In Kitchen
  • Cedar Creek High School Rated A-
  • 3 Car Detached Garage
  • Laundry Room

About This Home

As of April 2019

Family farm up for sale after decades of owning it. 969 frontage on jimmy leeds road a total of 15.88 acres. located just up the street from Stockton university and Atlantic city medical . sub dividable into 3# 5 acre lots utilities are electric, gas, water and sewer . The existing home has 5 bedrooms and two baths . A newer addition was add on approx. 12 years ago a large family room The farm comes with 2 garages a 3 car and a 2 car THE home normally rents for $2200 per month great location for Stockton students. The way to go is do the sub division and sell off lots There is possibility for commercial development OTHER ACREAGE IS AVAILBLE NEXT TO THIS PROPERTY CALL for details

Last Agent to Sell the Property

Sheldon Grace

GRACE PROPERTIES Listed on: 09/30/2017

Last Buyer's Agent

Sheldon Grace

GRACE PROPERTIES Listed on: 09/30/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 15.88

Home Design

  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Lot Dimensions are 969x1022
  • Farm

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Stove, Microwave, Refrigerator
  • Flooring: Hardwood, Laminate Flooring, Vinyl, W/W Carpet
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Farm
  • Siding Exterior: Asbestos, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Gravel
  • Garage: Three Or More Cars, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Wall Units
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 969X1022
  • Lot Size: 11 To 25 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Ryan Edward and Ryan Edward
Bought by
Buyers Choice Automotive Inc
Current Estimated Value
$485,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 30, 2017
Closed on
Apr 4, 2019
Sold by
Mccullough Sharon Lee
Bought by
Ryan Edward and Ryan Elena
Seller's Agent
Sheldon Grace
GRACE PROPERTIES
Buyer's Agent
Sheldon Grace
GRACE PROPERTIES
List Price
$329,000
Sold Price
$265,000
Premium/Discount to List
-$64,000
-19.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$225,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Estate Of Richard Mccullough
Bought by
Mccullough Sharon Lee

Purchase Details

Closed on
Nov 30, 1962
Bought by
Mccullough Rosalie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buyers Choice Automotive Inc $375,000 Surety Title
Ryan Edward $265,000 City Abstract Llc
Mccullough Sharon Lee -- None Available
Mccullough Rosalie $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buyers Choice Automotive Inc $195,000
Previous Owner Ryan Edward $225,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2019 04/07/19 Sold $265,000 +14224.3% --
11/28/2018 11/28/18 Pending -- -- --
10/10/2018 10/10/18 Rented -- -- --
09/21/2018 09/21/18 For Rent $1,850 0.0% --
08/22/2018 08/22/18 Price Changed $299,000 -9.1% --
09/30/2017 09/30/17 For Sale $329,000 -- --
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 $6,800 $203,700 $107,700 $96,000
2024 $6,800 $203,700 $107,700 $96,000
2023 $6,541 $203,700 $107,700 $96,000
2022 $6,541 $203,700 $107,700 $96,000
2021 $6,410 $203,700 $107,700 $96,000
2020 $6,309 $203,700 $107,700 $96,000
2019 $6,192 $203,700 $107,700 $96,000
2018 $6,280 $203,700 $107,700 $96,000
2017 $6,280 $203,700 $107,700 $96,000
2016 $6,225 $203,700 $107,700 $96,000
2015 $6,197 $203,700 $107,700 $96,000
2014 $5,991 $203,700 $107,700 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Sheldon Grace

    Seller's Agent in 2019

    Sheldon Grace

    GRACE PROPERTIES

    (609) 485-2262

    13 in this area

    55 Total Sales

    Sheldon Grace
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 495443

South Jersey Shore Regional MLS

APN: 11-00645-0000-00001

New Jersey Atlantic County Galloway 08205

245 W Jimmie Leeds Rd, Galloway, NJ

Not Listed for Sale

Detached

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