NOT LISTED FOR SALE

318 E Spencer Ln Galloway, NJ 08205

Estimated Value: $566,000 - $651,000

7 Beds
3.5 Baths
-- Sq Ft
2.02 Acre Lot

Sale Details

Date Sold: October 25, 2023

Last sale price $550,000

Est. 13% increase in value since last sale

Current estimated payment $4,388 / mo

71 Days on Market

Highlights

  • Contemporary Architecture
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Cedar Creek High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2023

Move right into this family friendly 2 story completely remodeled custom home that is on a private cul de sac. This exceptional home has approximately 3,000 sq ft. of living space plus full finished basement with 3 additional bedrooms,work out space or private home office to work remote. Open large eat in kitchen with stainless appliances, breakfast nook, formal dining room, open spacious living room, family room with gas fireplace half bath. Upstairs offers owners suite with private bath, 3 additional large bedrooms with bath and lots of closet space. The oversized back yard is completely fenced in with room for a pool and much more. 2 car attached garage. This awesome home is perfect for entertaining along with room for the growing family building new memories.

Last Agent to Sell the Property

Thomas Burke III

Soleil Sotheby's International Realty - A Listed on: 07/10/2023

Soleil Sotheby's International Realty - A

Co-Listed By

HARRY BASSFORD

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Dustin Schaffer

LPT Realty

LPT Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 140.75x551.53
  • Fenced
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Storage
  • Laundry Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Whirlpool Bathtub

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Lot Details

2.02 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Age: 21 To 25 Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Microwave, Refrigerator
  • Fireplace: Family Room, Gas Log
  • Flooring: Hardwood, Tile, Vinyl, W/W Carpet
  • Interior Amenities: Storage, Whirlpool
  • Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Full, Finished
  • Other Rooms: Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Paved Road
  • Siding Exterior: Stucco, Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Garage: Two Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 140.75x551.53
  • Lot Size: 1 To 5 Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Oct 25, 2023
Sold by
Bought by
Seller's Agent
Thomas Burke III
Soleil Sotheby's International Realty - A
Buyer's Agent
Dustin Schaffer
LPT Realty
List Price
$629,000
Sold Price
$550,000
Premium/Discount to List
-$79,000
-12.56%
Views
272
Current Estimated Value
$623,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,528
Avg. Annual Appreciation
4.83%
Original Mortgage
$440,000
Outstanding Balance
$431,036
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$192,492

Purchase Details

Closed on
Oct 18, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.65%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 Surety Title
$315,000 None Listed On Document
$335,000 Surety Title
$55,000 The Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Previous Owner $250,000
Previous Owner $175,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $550,000 -4.3% --
09/19/2023 09/19/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $574,900 -0.9% --
08/14/2023 08/14/23 Price Changed $579,900 -1.5% --
08/04/2023 08/04/23 Price Changed $589,000 -1.8% --
07/24/2023 07/24/23 Price Changed $599,900 -4.6% --
07/10/2023 07/10/23 For Sale $629,000 -- --
Source: South Jersey Shore Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,321 $369,100 $61,800 $307,300
2024 $12,321 $369,100 $61,800 $307,300
2023 $9,623 $299,700 $61,800 $237,900
2022 $9,623 $299,700 $61,800 $237,900
2021 $9,432 $299,700 $61,800 $237,900
2020 $9,282 $299,700 $61,800 $237,900
2019 $9,111 $299,700 $61,800 $237,900
2018 $9,240 $299,700 $61,800 $237,900
2017 $9,240 $299,700 $61,800 $237,900
2016 $9,159 $299,700 $61,800 $237,900
2015 $9,117 $299,700 $61,800 $237,900
2014 $8,814 $299,700 $61,800 $237,900
Source: Public Records

Agents Affiliated with this Home

  • Thomas Burke III

    Seller's Agent in 2023

    Thomas Burke III

    Solei SIR Margate

    (609) 432-9619

    26 Total Sales

    Thomas Burke III
    Section Image
  • HARRY BASSFORD

    Seller Co-Listing Agent in 2023

    HARRY BASSFORD

    Solei SIR Margate

    (609) 457-8004

    3 Total Sales

    HARRY BASSFORD
    Section Image
  • Dustin Schaffer

    Buyer's Agent in 2023

    Dustin Schaffer

    LPT Realty

    (609) 204-1176

    47 Total Sales

    Dustin Schaffer
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575848

South Jersey Shore Regional MLS

APN: 11-00988-01-00013-01

New Jersey Atlantic County Galloway 08205

318 E Spencer Ln, Galloway, NJ

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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