NOT LISTED FOR SALE

Estimated Value: $467,669 - $537,000

-- Bed
-- Bath
2,455 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $375,000 $153 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,373/month

10 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Eat-In Kitchen
  • Absegami High School Rated A-
  • 1 Car Attached Garage
  • Living Room

About This Home

As of August 2022

Rare Duplex on 1.4 acres in Galloway! Charming home with nice rental income. Very cooperative tenants. Choice Home Warranty in place and transferrable to new owner/s. 1ST FLOOR: 4/5 bedrooms, EIK with center island and access to deck and fenced backyard, DR, LR, 2 full baths, possible in-law/office with separate bath and entrance, hardwood floors, washer/dryer, access to basement and garage. 2ND FLOOR: 3 bedrooms, LR, DR, 1 bath, stackable washer/dryer, access to finished attic which is being used as a family room, laminate flooring. Two gas furnaces, hot water heaters and air conditioning units. Separate gas & electric meters. Tenants pay gas, electric, cable. Owner pays water, sewer, taxes, insurance. Close to public transportation, shopping, restaurants, mins to shore and casino.

Last Agent to Sell the Property

AMELIA MOISSINAC

NEW ERA REAL ESTATE-D Listed on: 04/17/2022

NEW ERA REAL ESTATE-D

Last Buyer's Agent

Tamra Butler

LPT Realty

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,288

Year Built

  • Built in 1901

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,288

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 04/17/2022
  • Year Built: 1901
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Basement: Full, Inside Entrance, Outside Entrance
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Kitchen, Living Room

Exterior Features

  • Outside Features: Deck, Fenced Yard
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: One Car, Attached Garage
  • 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: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 1.48 acres

Rental Info

  • Rental Information: 100 Percent Occupancy, Monthly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
Jul 28, 2022
Sold by
Seda and Michael
Bought by
Frazier Patrick and Frazier Kenya
Seller's Agent
AMELIA MOISSINAC
NEW ERA REAL ESTATE-D
Buyer's Agent
Tamra Butler
LPT Realty
List Price
$375,000
Sold Price
$375,000
Views
2
Current Estimated Value
$493,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,167
Avg. Annual Appreciation
9.30%
Original Mortgage
$383,625
Outstanding Balance
$366,655
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$126,512

Purchase Details

Closed on
Jul 31, 2017
Sold by
Umar Muhammad
Bought by
Seda Annemarie and Seda Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2015
Sold by
Smith Tammy M and Smith Robert L
Bought by
Umar Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2007
Sold by
Smith Tammy M and Smith Robert L
Bought by
Smith Tammy M and Smith Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,150
Interest Rate
6.4%
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
Frazier Patrick $375,000 --
Seda Annemarie $240,000 None Available
Umar Muhammad $105,000 None Available
Smith Tammy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Patrick $383,625
Previous Owner Seda Annemarie $170,000
Previous Owner Umar Muhammad $78,750
Previous Owner Smith Tammy M $238,000
Previous Owner Smith Tammy M $180,150
Previous Owner Smith Tammy M $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $375,000 0.0% $153 / Sq Ft
05/19/2022 05/19/22 For Sale $375,000 0.0% $153 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $375,000 +257.1% $153 / Sq Ft
04/22/2016 04/22/16 Sold $105,000 0.0% $43 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
11/23/2013 11/23/13 For Sale $105,000 -- $43 / 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 $8,288 $248,300 $90,300 $158,000
2024 $8,288 $248,300 $90,300 $158,000
2023 $6,807 $248,300 $90,300 $158,000
2022 $6,807 $212,000 $90,300 $121,700
2021 $6,672 $212,000 $90,300 $121,700
2020 $6,566 $212,000 $90,300 $121,700
2019 $6,445 $212,000 $90,300 $121,700
2018 $6,536 $212,000 $90,300 $121,700
2017 $6,536 $212,000 $90,300 $121,700
2016 $7,741 $253,300 $90,300 $163,000
2015 $7,705 $253,300 $90,300 $163,000
2014 $7,450 $253,300 $90,300 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561898

South Jersey Shore Regional MLS

APN: 11-01064-01-00037-01