NOT LISTED FOR SALE

507 E Summerwood Place Galloway, NJ 08205

Estimated Value: $403,896 - $427,000

3 Beds
2.5 Baths
-- Sq Ft
0.8 Acres

Last Sold June 28, 2021

Last sale price $275,000

Est. 51% increase in value since last sale

Current estimated payment $2,707/month

Highlights

  • Deck
  • Ranch Style House
  • Great Room
  • Absegami High School Rated A-
  • Cathedral Ceiling
  • Cul-De-Sac

About This Home

As of June 2021

Secluded Ranch on a Cul-de-sac nestled on a wooded lot! Inviting front deck to an open design with cathedral ceilings and lots of windows! Updated kitchen with countertop seating. All three bedrooms have mirrored closet doors, brand new carpet and ceiling fans! Jack and Jill bathroom! Beautiful, Large, Family room is 24 x 26 with a Gas Auxiliary Heater that will heat the whole house. This house is easy to show and will not last!!!!!!

Last Agent to Sell the Property

Denise Pocoroba

ZONA REAL ESTATE, INC License #0336133 Listed on: 04/29/2021

Last Buyer's Agent

Matthew Ackerman

NEW ERA REAL ESTATE-D

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1983

Lot Details

  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Area
  • Storage

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 3 Parking Spaces
  • Stone Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,222

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Also Includes: Blinds, Rugs
  • Lvt Date: 04/29/2021
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, W/W Carpet, Laminate Flooring
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Storage
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Family Room: Size: 24x26
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Master Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Shed
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: 213x272 IRR
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 28, 2021
Sold by
Edelman Jay and Edelman Janet
Bought by
Schlitz Mark
Seller's Agent
Denise Pocoroba
ZONA REAL ESTATE, INC
Buyer's Agent
Matthew Ackerman
NEW ERA REAL ESTATE-D
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
$414,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,224
Avg. Annual Appreciation
10.17%
Original Mortgage
$247,500
Outstanding Balance
$225,155
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$189,069

Purchase Details

Closed on
Nov 7, 2003
Sold by
Edelman Jay and Edelman Janet
Bought by
Edelman Jay and Edelman Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1989
Sold by
Beatty Alan L and Beatty Karen J
Bought by
Edelman Jay and Edelman Daly,Janet
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
Schlitz Mark $275,000 Surety Title Company
Edelman Jay -- First American Title Ins Co
Edelman Jay $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlitz Mark $247,500
Previous Owner Edelman Jay $50,000
Previous Owner Edelman Jay $66,000
Previous Owner Edelman Jay $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $275,000 +3.8% --
05/11/2021 05/11/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $265,000 -- --
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 $6,222 $186,400 $64,300 $122,100
2024 $6,222 $186,400 $64,300 $122,100
2023 $5,985 $186,400 $64,300 $122,100
2022 $5,985 $186,400 $64,300 $122,100
2021 $5,866 $186,400 $64,300 $122,100
2020 $5,773 $186,400 $64,300 $122,100
2019 $5,667 $186,400 $64,300 $122,100
2018 $5,747 $186,400 $64,300 $122,100
2017 $5,747 $186,400 $64,300 $122,100
2016 $5,696 $186,400 $64,300 $122,100
2015 $5,670 $186,400 $64,300 $122,100
2014 $5,482 $186,400 $64,300 $122,100
Source: Public Records

Agents Affiliated with this Home

  • Denise Pocoroba

    Seller's Agent in 2021

    Denise Pocoroba

    ZONA REAL ESTATE, INC

    (609) 287-7712

    7 Total Sales

    Denise Pocoroba
    Section Image
  • Matthew Ackerman

    Buyer's Agent in 2021

    Matthew Ackerman

    RE/MAX

    (609) 752-4887

    12 in this area

    77 Total Sales

    Matthew Ackerman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 550061

South Jersey Shore Regional MLS

APN: 11-01164-0000-00037-02

New Jersey Atlantic County Galloway 08205

507 E Summerwood Place, Galloway, NJ

This home is located at 507 E Summerwood Place, Galloway, NJ 08205 since 29 April 2021 and is currently estimated at $414,224. This property was built in 1983. 507 E Summerwood Place is a home located in Atlantic County with nearby schools including Absegami High School, Oakcrest High School, and Cedar Creek High School.

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