NOT LISTED FOR SALE

302 Elton Ln Galloway, NJ 08205

Estimated Value: $449,000 - $531,000

4 Beds
2 Baths
-- Sq Ft
1.38 Acres

Last Sold October 02, 2017

Last sale price $200,000

Est. 142% increase in value since last sale

Current estimated payment $3,258/month

82 Days on Market

Highlights

  • Porch
  • 2 Car Attached Garage
  • Laundry Room
  • Absegami High School Rated A-
  • Living Room
  • Dining Room

About This Home

As of October 2017

This property qualifies for the FIRST LOOK INITIATIVE through 06/14/2017. Freddie Mac will offer homebuyers and select non-profits an exclusive opportunity to purchase HomeSteps homes prior to competition from investors through the Freddie Mac First Look Initiative. This on-going initiative offers owner occupant homebuyers, Neighborhood Stabilization Program (NSP) grantees and non-profits engaged in community stabilization efforts the ability to purchase HomeSteps homes during their initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their primary residence. If the offer presented in first 20 days period, the buyer and their selling agent must sign an Agreement of Purchaser affidavit affirming that the buyer will occupy the home as their residence. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer and Buyers agent to verify condo fees. Buyer to verify square footage of lot and structure. ****Please see associated docs for inspection reports and Offer sheet.***

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 05/24/2017

COASTAL ELITE REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,058

Lot Details

  • 1.38

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Laundry Room
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 60x150

Listing and Financial Details

  • Legal Lot and Block 45.02 / 561.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,058

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • New Construction: No
  • Second Address Number: 302
  • Lot Size2: 60x150
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances Included: Dishwasher, Stove Natural Gas
  • Interior Amenities: Wall to Wall Carpet
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 7
  • Basement: Finished
  • Other Rooms: Living Room, Dining Room, Laundry/Utility Room

Exterior Features

  • Exterior: Vinyl
  • Outside Features: Porch

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached

Utilities

  • Heating: Gas Natural
  • Hot Water: Gas- Natural

Lot Info

  • Lot Number: 45.02
  • Lot Size: 1 to 6000 SqFt
  • Total Assessment: 263700

Tax Info

  • Taxes: 8058
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Sep 22, 2017
Sold by
Federal National Mortgage Association
Bought by
Crouch Arlene and Wilson Terence
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$484,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,857
Avg. Annual Appreciation
11.61%
Original Mortgage
$196,377
Outstanding Balance
$163,856
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$321,001

Purchase Details

Closed on
Jul 3, 2007
Sold by
Foxmoor At Galloway Corp
Bought by
Raval Pravin and Raval Nayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Crouch Arlene $200,000 City Abstract Llc
Raval Pravin $328,000 Transnation Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crouch Arlene $196,377
Previous Owner Raval Pravin $311,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $200,000 -4.7% --
09/02/2017 09/02/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $209,900 -- --
Source: Cape May County Association of REALTORS®

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 $8,345 $250,000 $33,200 $216,800
2024 $8,345 $250,000 $33,200 $216,800
2023 $8,028 $250,000 $33,200 $216,800
2022 $8,028 $250,000 $33,200 $216,800
2021 $7,868 $250,000 $33,200 $216,800
2020 $7,743 $250,000 $33,200 $216,800
2019 $7,600 $250,000 $33,200 $216,800
2018 $8,130 $263,700 $33,200 $230,500
2017 $8,130 $263,700 $33,200 $230,500
2016 $8,059 $263,700 $33,200 $230,500
2015 $8,022 $263,700 $33,200 $230,500
2014 $7,755 $263,700 $33,200 $230,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176464

Cape May County Association of REALTORS®

APN: 11-00561-02-00045-02