NOT LISTED FOR SALE

523 S 2nd Ave Galloway, NJ 08205

Estimated Value: $146,000 - $333,000

4 Beds
2 Baths
1,632 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $75,000 $46 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,660/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Bathroom on Main Level
  • Absegami High School Rated A-
  • Main Floor Bedroom
  • Forced Air Heating System

About This Home

As of September 2019

Single family home on deep corner lot. Home being sold in "as is" condition with buyer responsible for all inspections and certifications needed to close. Home available for first 20 days of the listing to primary residents and not for profit buyers only. Primary resident affidavit to accompany all offers. No utilities will be turned on. Cash or rehab loans only.

Last Agent to Sell the Property

Chris Lane

Compass Real Estate-Moorestown License #8438982 Listed on: 06/09/2019

Compass Real Estate-Moorestown

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,536

Lot Details

  • 0.76

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Vinyl Flooring
  • Deck
  • Lot Dimensions are 80x412

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,536

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Lvt Date: 06/09/2019
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Full Bathrooms: 2
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Main
  • Basement: Slab
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 80X412
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Jul 22, 2019
Sold by
21St Mortgage Corporaton
Bought by
Scanlon Michael
Seller's Agent
Chris Lane
Compass Real Estate-Moorestown
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$241,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,692
Avg. Annual Appreciation
21.38%
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2018
Sold by
Torres Paul J and The Andover Companies
Bought by
21St Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
6.8%

Purchase Details

Closed on
Jun 13, 2005
Sold by
Dougherty Timothy and Dougherty Brenda L
Bought by
Torres Paul J and Torres Mayisha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,405
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 21, 2001
Sold by
Meyer Richard T and Meyer Kimberly A
Bought by
Dougherty Timothy and Dougherty Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,834
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 1993
Sold by
Meyer Richard T
Bought by
Meyer Richard T and Meyer Kimberly A
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
Scanlon Michael $75,000 Equity Plus Land Transfer
21St Mortgage Corporation $1,000 None Available
-- -- --
Torres Paul J $229,900 Landis Title Corporation
Dougherty Timothy $135,900 --
Meyer Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scanlon Michael $500,000
Previous Owner Torres Paul J $218,405
Previous Owner Dougherty Timothy $134,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $75,000 -6.1% $46 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $79,900 -- $49 / Sq Ft
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 $4,536 $147,400 $52,000 $95,400
2024 $4,536 $135,900 $52,000 $83,900
2023 $4,364 $135,900 $52,000 $83,900
2022 $4,364 $135,900 $52,000 $83,900
2021 $4,277 $135,900 $52,000 $83,900
2020 $4,209 $135,900 $52,000 $83,900
2019 $4,131 $135,900 $52,000 $83,900
2018 $4,190 $135,900 $52,000 $83,900
2017 $4,190 $135,900 $52,000 $83,900
2016 $4,153 $135,900 $52,000 $83,900
2015 $4,134 $135,900 $52,000 $83,900
2014 $3,997 $135,900 $52,000 $83,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chris Lane

    Compass Real Estate-Moorestown

    Section Image
  • Gerard Barker

    Buyer's Agent in 2019

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    3 in this area

    225 Total Sales

    Gerard Barker
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 523502

South Jersey Shore Regional MLS

APN: 11-00936-0000-00015-02

New Jersey Atlantic County Galloway 08205

523 S 2nd Ave, Galloway, NJ

This home is located at 523 S 2nd Ave, Galloway, NJ 08205 since 09 June 2019 and is currently estimated at $241,692, approximately $148 per square foot. 523 S 2nd Ave 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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