NOT LISTED FOR SALE

702 E Chip Shot Ln Galloway, NJ 08205

Estimated Value: $535,000 - $593,000

5 Beds
3.5 Baths
-- Sq Ft
0.47 Acres

Last Sold April 06, 2023

Last sale price $450,000

Est. 25% increase in value since last sale

Current estimated payment $3,678/month

86 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Corner Lot
  • Absegami High School Rated A-
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of April 2023

Former Model Home on a huge corner lot in Seaview Estates Village featuring true In-Law suite or guest apartment. This is a large home with 1st floor 5th bedroom or Office! 4 Bedrooms on the Upper Level. Brand new custom entry door, new flooring throughout the 1st floor. Roof was new in 2016, Solar is leased for lower electric costs, 3 Zone HVAC with a Tankless Water Heater for added efficiency. The kitchen is large enough for the biggest family to gather! Stainless appliances, 5 burner stove, pantry and granite counters. The Living Room features a cozy gas fireplace. There are 2 sets of sliding doors. Hot tub is located in the screened in porch for year-round enjoyment. The in-law suite features a kitchenette, living room, bedroom, full bath with step in shower and private entrance. Come see this wonderful for yourself!

Last Agent to Sell the Property

William Mercogliano

RE/MAX PREFERRED - Mullica Hill License #0893537 Listed on: 12/04/2022

RE/MAX PREFERRED - Mullica Hill

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,332

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 101 x 183
  • Corner Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Screened Porch
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,332

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Also Includes: Blinds, Fireplace Equipment
  • Lvt Date: 12/10/2022
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Flooring: Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, In-Law Quarters, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Porch Enclosed, Porch Screened, Shed, Sprinkler System
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 101 x 183
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2022
Closed on
Mar 27, 2023
Sold by
Tenido Michelle and Tenido Rocelle Anneesquilona
Bought by
Gomez Marco
Seller's Agent
William Mercogliano
RE/MAX PREFERRED - Mullica Hill
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$450,000
Sold Price
$450,000
Views
255
Current Estimated Value
$560,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,674
Avg. Annual Appreciation
9.27%
Original Mortgage
$360,000
Outstanding Balance
$349,995
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$210,679

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 20, 2022
Sold by
Geckeler Wolfgang D and Geckeler Maria D
Bought by
Tenido Michelle and Tenido Rocelle Anne
Seller's Agent
Dee Kraemer
NEW ERA REAL ESTATE-B
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$449,000
Sold Price
$437,000
Premium/Discount to List
-$12,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$427,750
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2001
Sold by
Reynolds Marion and Reynolds Barbara J
Bought by
Geckeler Wolfgang D and Geckeler Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
6.89%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Redding Development Group Inc
Bought by
Reynolds Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,350
Interest Rate
7.59%
Source: Public Records

Range of Values:

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Average Value
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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
Gomez Marco $450,000 Southern United Title
Tenido Michelle $437,000 Federation Title
Geckeler Wolfgang D $199,000 --
Reynolds Marion $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Marco $360,000
Previous Owner Tenido Michelle $427,750
Previous Owner Geckeler Wolfgang D $159,200
Previous Owner Reynolds Marion $202,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $450,000 0.0% --
02/28/2023 02/28/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $450,000 0.0% --
01/31/2023 01/31/23 Pending -- -- --
12/26/2022 12/26/22 Price Changed $450,000 -3.2% --
12/04/2022 12/04/22 For Sale $465,000 +6.4% --
05/20/2022 05/20/22 Sold $437,000 -0.5% -- View Prior Sale
04/13/2022 04/13/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $439,000 -2.2% --
03/22/2022 03/22/22 For Sale $449,000 -- --
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 $8,332 $249,600 $56,500 $193,100
2024 $8,332 $249,600 $56,500 $193,100
2023 $7,912 $249,600 $56,500 $193,100
2022 $7,912 $246,400 $56,500 $189,900
2021 $7,030 $246,400 $56,500 $189,900
2020 $7,030 $246,400 $56,500 $189,900
2019 $0 $246,400 $56,500 $189,900
2018 $0 $246,400 $56,500 $189,900
2017 $0 $246,400 $56,500 $189,900
2016 $7,030 $246,400 $56,500 $189,900
2015 $6,995 $246,400 $56,500 $189,900
2014 $6,747 $246,400 $56,500 $189,900
Source: Public Records

Agents Affiliated with this Home

  • William Mercogliano

    Seller's Agent in 2023

    William Mercogliano

    RE/MAX

    (856) 472-9836

    1 in this area

    105 Total Sales

    William Mercogliano
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Dee Kraemer

    Seller's Agent in 2022

    Dee Kraemer

    RE/MAX Platinum Properties

    (609) 385-6438

    3 in this area

    62 Total Sales

    Dee Kraemer
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 569492

South Jersey Shore Regional MLS

APN: 11-01136-02-00002

New Jersey Atlantic County Galloway 08205

702 E Chip Shot Ln, Galloway, NJ

This home is located at 702 E Chip Shot Ln, Galloway, NJ 08205 since 04 December 2022 and is currently estimated at $560,674. This property was built in 1989. 702 E Chip Shot Ln 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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