NOT LISTED FOR SALE

507 Salem Way Galloway, NJ 08205

Estimated Value: $443,000 - $462,237

2 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $418,000

Est. 8% increase in value since last sale

Current estimated payment $2,973/month

4 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Cedar Creek High School Rated A-
  • Great Room
  • Enclosed Patio or Porch

About This Home

As of October 2023

Your dream house awaits you! Everything is upgraded from top to bottom from a new roof to the entire interior. This is move-in, ready and turn key! Bring your meticulous buyers that want perfection, because this home is perfection! Expanded Juniper model with two bedrooms, two bathrooms, sunroom as well. Location is walking distance to the fabulous clubhouse and all its amenities in the Four Seasons active adult community in Historic Smithville. Design is farmhouse modern and absolutely stunning. From the moment you approach this impeccable stone front home you are transformed. The lovely and inviting walkway has new pavers installed and flows beautifully into the entry and warmth of this gorgeous home. All new updated lighting fixtures and fans have been installed as well as window treatments. The kitchen boasts granite countertops, providing additional seating, decorative backsplash, top-of-the-line stainless steel appliances, 42 inch white cabinets with extra add-ons, pantry and bump out window. This open floor plan is perfect for entertaining as we enter the Family room and Dining room with magnificent fireplace as your focal point with a remote gas unit. All entirely new vinyl plank flooring throughout. The expansive master suite also has a bump out and continues with all vinyl plank flooring. Two closets for all your necessities. Remodeled master bath with double sinks, glass shower doors, higher toilets, pull out in the cabinets. Guest bathroom has also been remodeled to perfection with granite countertops and cabinetry as well as shower. 3 Seasons Sunroom has tiled flooring (looks like wood), French doors that lead out to your oasis backyard with 13x14 paver and concrete patio, which has been extended. The backyard has a large amount privacy trees, foliage and flowers. Laundry room includes washer/dryer and a stainless laundry sink. Two car garage with epoxy flooring is 20x23 allowing for extra storage on the shelving provided. Solar panels are owned and not least giving you cheap monthly bills and credits.

Last Agent to Sell the Property

Bonnie Gross

Soleil Sotheby's International Realty - A Listed on: 09/28/2023

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Michele Hill

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 55x95
  • Sprinkler System

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Solar Heating System
  • Enclosed Patio or Porch

Community Details

  • Four Seasons Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 21 To 25 Years
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Tile, Vinyl
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Florida Room, Great Room, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Patio, Paved Road, Porch Enclosed, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly

Lot Info

  • Lot Dimensions: 55x95
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 31, 2023
Sold by
Fortunato Mario and Fortunato Janice
Bought by
Teodoro Teresita Reyes and Teodoro Martin Naval
Seller's Agent
Bonnie Gross
Soleil Sotheby's International Realty - A
Buyer's Agent
Michele Hill
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$418,000
Sold Price
$418,000
Views
55
Current Estimated Value
$452,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,309
Avg. Annual Appreciation
3.83%

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 18, 2021
Sold by
Johnson Philip Bruce
Bought by
Fortunato Mario and Fortunato Janice
Seller's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
Buyer's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
List Price
$229,900
Sold Price
$229,000
Premium/Discount to List
-$900
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.46%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Spadt Dylan and Spadt Cheryl
Bought by
Johnson Philip Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2014
Closed on
Nov 13, 2014
Sold by
Fannie Mae
Bought by
Spadt Dillion and Spadt Cheryl
Seller's Agent
JEAN BALL
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
JEAN BALL
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$126,810
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2014
Sold by
Johnson Alph P
Bought by
Federal National Mortage Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Teodoro Teresita Reyes $418,000 Surety Title
Fortunato Mario $229,900 None Available
Johnson Philip Bruce $186,000 Surety Title
Spadt Dillion $140,900 None Available
Federal National Mortage Assn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Philip Bruce $148,800
Previous Owner Spadt Dillion $126,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $418,000 0.0% --
10/02/2023 10/02/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $418,000 +82.5% --
02/01/2021 02/01/21 Sold $229,000 -0.4% -- View Prior Sale
11/18/2020 11/18/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $229,900 +91.6% --
11/12/2014 11/12/14 Sold $120,000 0.0% -- View Prior Sale
11/03/2014 11/03/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $120,000 -- --
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 $7,127 $213,500 $33,500 $180,000
2024 $7,127 $213,500 $33,500 $180,000
2023 $5,302 $172,900 $33,500 $139,400
2022 $5,552 $172,900 $33,500 $139,400
2021 $5,441 $172,900 $33,500 $139,400
2020 $5,355 $172,900 $33,500 $139,400
2019 $5,256 $172,900 $33,500 $139,400
2018 $5,331 $172,900 $33,500 $139,400
2017 $5,331 $172,900 $33,500 $139,400
2016 $5,284 $172,900 $33,500 $139,400
2015 $5,260 $172,900 $33,500 $139,400
2014 $5,085 $172,900 $33,500 $139,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 578230

South Jersey Shore Regional MLS

APN: 11-01173-22-00043