NOT LISTED FOR SALE

Estimated Value: $243,000 - $329,000

2 Beds
1 Bath
780 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $245,000 $314 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,932/month

8 Days on Market

Highlights

  • Bay View
  • Rambler Architecture
  • Corner Lot
  • Absegami High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

This adorable corner lot home is only around 15 miles to Ventnor Beach.  This home has SeaView golf course views, and it sits on a quiet street. You can also catch a glimpse of the back bay from the road. This would make a perfect starter home or a second home for beach lovers or anyone looking for simplicity. This home has been recently updated with granite countertops and stainless-steel appliances, along with a newer natural gas stove. It offers central air and a (high efficiency) natural gas- forced air heating unit.  There are hardwood floors throughout the living room and bedrooms and a tiled kitchen floor. Don’t let the square footage scare you, as it has a full basement. It offers plenty of room for storage. It has a perfect sized front porch, to sit outside and drink your coffee while enjoying the bay breeze. Store your car or bike in the one car detached garage. This home has a sprinkler system and great soil for planting and or a garden. Nearby fishing, beaches and casinos. Conveniently located within 10 miles to Atlantic City, 25 minutes to Margate, 23 minutes to Somers Point, 15 minutes to the Atlantic City Expressway, and 1 hour from Philadelphia. Only 6 minutes away from the well-known Smithville.
Seller to obtain the C/O

Last Agent to Sell the Property

Angela Queen

HomeSmart First Advantage Realty License #2079065 Listed on: 10/17/2022

HomeSmart First Advantage Realty

Co-Listed By

Christopher McKenty

Opus Elite Real Estate of NJ, LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,861

Year Built

  • Built in 1966

Lot Details

  • 5,000 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Dirt Driveway
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Permanent Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Bay Views

Kitchen

  • Oven
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Outdoor Storage
  • Rain Gutters
  • Porch

Schools

  • Absegami High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Galloway Twp Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 11-01141-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,861

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: Stainless Steel Appliances
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-19
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This adorable corner lot home is only around 15 miles to Ventnor Beach.  This home has SeaView golf course views, and it sits on a quiet street. You can also catch a glimpse of the back bay from the road. This would make a perfect starter home or a second home for beach lovers or anyone looking for simplicity. This home has been recently updated with granite countertops and stainless-steel appliances, along with a newer natural gas stove. It offers central air and a (high efficiency) natural gas- forced air heating unit.  There are hardwood floors throughout the living room and bedrooms and a tiled kitchen floor. Don’t let the square footage scare you, as it has a full basement. It offers plenty of room for storage. It has a perfect sized front porch, to sit outside and drink your coffee while enjoying the bay breeze. Store your car or bike in the one car detached garage. This home has a sprinkler system and great soil for planting and or a garden. Nearby fishing, beaches and casinos. Conveniently located within 10 miles to Atlantic City, 25 minutes to Margate, 23 minutes to Somers Point, 15 minutes to the Atlantic City Expressway, and 1 hour from Philadelphia. Only 6 minutes away from the well-known Smithville. Seller to obtain the C/O
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Single, Refrigerator, Water Heater
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Tub Shower, Upgraded Countertops, Wood Floors
  • Window Features: Energy Efficient
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent
  • Levels Count: 1
  • Room Count: 4
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 780
  • Living Area Sq Ft: 780
  • Price Per Sq Ft: 301.28
  • Above Grade Finished Sq Ft: 780
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 711

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • Exterior Features: Street Lights, Sidewalks, Secure Storage, Gutter System
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Bay, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Dirt Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone, Cable Tv
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: GREATER EGG HARBOR REGION SCHOOLS
  • High School: ABSEGAMI
  • School District Key: 300200396914
  • School District Source: Listing Agent
  • High School: ABSEGAMI

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3373202
  • Tax Annual Amount: 2861.00
  • Assessor Parcel Number: 11-01141-00001
  • Tax Lot: 00001
  • Tax Year: 2018
  • Close Date: 11/30/2022

MLS Schools

  • School District Name: GREATER EGG HARBOR REGION SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 21, 2022
Sold by
Gerlach Bruce
Bought by
Ferringo Robert
Seller's Agent
Angela Queen
HomeSmart First Advantage Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Views
24
Current Estimated Value
$305,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,725
Avg. Annual Appreciation
7.60%
Original Mortgage
$237,650
Outstanding Balance
$231,302
Interest Rate
6.61%
Estimated Equity
$67,281

Purchase Details

Listed on
Jul 12, 2019
Closed on
Dec 23, 2019
Sold by
Fornarotto Corey
Bought by
Gerlach Bruce
Seller's Agent
Jessie Phillips
Corcoran Sawyer Smith
Buyer's Agent
Jessie Phillips
Corcoran Sawyer Smith
List Price
$143,500
Sold Price
$135,999
Premium/Discount to List
-$7,501
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.17%
Original Mortgage
$128,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Feb 4, 2019
Sold by
Akhtar Chaudhary Hassan
Bought by
Fornarotto Corey
Seller's Agent
Federico Maldonado
GRACE PROPERTIES
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.24%
Original Mortgage
$135,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2018
Sold by
Mcdowell Brian R and Mcdowell Brian
Bought by
Akhtar Chaudhary Hassan

Purchase Details

Closed on
Apr 30, 2010
Sold by
Mcnierney Mark D and Mcnierney Susan E
Bought by
Mcdowell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,065
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2003
Sold by
Hansen Roscoe
Bought by
Mcnierney Mark and Hansen Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
Ferringo Robert $245,000 --
Gerlach Bruce $135,000 Max Title Agency Llc
Fornarotto Corey $140,000 Chicago Title Insurance Co
Akhtar Chaudhary Hassan $68,000 None Available
Mcdowell Brian $162,000 Foundation Title
Mcnierney Mark $90,000 --
Mcnierney Mark D $90,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferringo Robert $237,650
Previous Owner Gerlach Bruce $128,250
Previous Owner Fornarotto Corey $135,800
Previous Owner Mcdowell Brian R $45,332
Previous Owner Mcdowell Brian $159,065
Previous Owner Mcnierney Mark D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $245,000 +4.3% $314 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $235,000 +72.8% $301 / Sq Ft
12/23/2019 12/23/19 Sold $135,999 -2.9% $174 / Sq Ft
08/18/2019 08/18/19 Price Changed $139,999 -2.4% $179 / Sq Ft
07/12/2019 07/12/19 For Sale $143,500 +2.5% $184 / Sq Ft
02/04/2019 02/04/19 Sold $140,000 +0.1% $179 / Sq Ft
01/31/2019 01/31/19 Price Changed $139,900 +1.5% $179 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $137,900 -1.4% $177 / Sq Ft
12/24/2018 12/24/18 Price Changed $139,900 -3.5% $179 / Sq Ft
11/26/2018 11/26/18 Price Changed $144,900 -3.3% $186 / Sq Ft
11/02/2018 11/02/18 For Sale $149,900 -- $192 / Sq Ft
Source: Bright 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
2024 $3,098 $92,800 $37,800 $55,000
2023 $2,980 $92,800 $37,800 $55,000
2022 $2,980 $92,800 $37,800 $55,000
2021 $2,920 $92,800 $37,800 $55,000
2020 $2,874 $92,800 $37,800 $55,000
2019 $2,821 $92,800 $37,800 $55,000
2018 $2,861 $92,800 $37,800 $55,000
2017 $2,861 $92,800 $37,800 $55,000
2016 $2,836 $92,800 $37,800 $55,000
2015 $2,823 $92,800 $37,800 $55,000
2014 $2,729 $92,800 $37,800 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2006134

Bright MLS

APN: 11-01141-0000-00001