NOT LISTED FOR SALE

1 Michael Dr Budd Lake, NJ 07828

Estimated Value: $616,146 - $669,000

4 Beds
2.5 Baths
2,347 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $363,000 $155 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,373/month

118 Days on Market

Highlights

  • In Ground Pool
  • 0.59 Acre Lot
  • Wooded Lot
  • Mount Olive High School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2016

Welcome to this 4 Bedroom Colonial on Wooded lot in Sought After Neighborhood. Formal Living & Dining Rooms with Gleaming Hardwood Flooring, Cozy Family Room with Brick Wood Burning Fireplace, Eat in Kitchen with Brand New High End Stainless Appliances, New Flooring & Granite Counter-tops, Overlooking the Private yard with In Ground Pool. 1st Floor Laundry Room with Back Door leading to Pool & Patio with Awning. Large Master Bedroom with New Shower, 3 Additional well proportioned Bedrooms, Main Bath with New Double Vanity & Tub Surround, Large Walk in Closet on Second Floor for extra Storage. Partially Finished Basement with Large Space for Office/Den, & Workshop. Built in 2 Car Garage with Automatic Openers, Newer Roof, Windows & Siding. Large Side & Back yard, Dead End Street Complete the Package.

Last Agent to Sell the Property

Cynthia Houser

EXIT REALTY CONNECTIONS Listed on: 09/01/2015

EXIT REALTY CONNECTIONS

Last Buyer's Agent

Ellen Monarque

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,232

Year Built

  • Built in 1973

Lot Details

  • 0.59 Acre Lot
  • Fenced
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • French Drain
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Storage Shed
  • Porch

Schools

  • Sandshore Elementary School
  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Underground Utilities
  • Water Filtration System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2327-01103-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,232

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1973
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 1
  • Directions: Route 46 to Smithtown Road to Right on to Karen to Left on to Michael
  • I D: 4564313
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CYNTHIA
  • First Name3: ELLEN
  • Last Name: HOUSER
  • Last Name3: MONARQUE
  • Office Phone3: 973-694-8000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, CookElec, Refrigerator, Washer, Water Filter, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: French Drain, Finished-Partially
  • Basement Level Rooms: Utility Room, Office, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 18x11
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 7x6
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 16x12
  • Other Room2 Level: Basement
  • Level 1 Rooms: Living Room, Family Room, Kitchen, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Attic, Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 973-598-1700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Storage Shed, Thermal Windows/Doors, Curbs, Metal Fence
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Under
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Well
  • Water Heater: From Furnace

Schools

  • Elementary School: Sandshore
  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 135X190
  • Assessed Improvement Value: 185700
  • Assessed Land Value: 143200
  • Assessment: 328900
  • Easement: Unknown
  • Lot Description: Corner, Wooded Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.59

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10232
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-01103-0000-00001-0000-
  • Tax Rate Amount: 3.090
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Sandshore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Feb 19, 2016
Sold by
Madsen Joseph W and Madsen Patricia
Bought by
Monarque Drew Thomas and Beneski Rachel M
Seller's Agent
Cynthia Houser
EXIT REALTY CONNECTIONS
Buyer's Agent
Ellen Monarque
COLDWELL BANKER REALTY
List Price
$400,000
Sold Price
$363,000
Premium/Discount to List
-$37,000
-9.25%
Current Estimated Value
$644,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,537
Avg. Annual Appreciation
6.16%
Original Mortgage
$376,553
Outstanding Balance
$300,570
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$343,967
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
Monarque Drew Thomas $383,500 Nrt Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monarque Drew Thomas $376,553
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $363,000 -9.3% $155 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $400,000 -- $170 / Sq Ft
Source: Garden State 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 $11,462 $328,900 $143,200 $185,700
2024 $10,811 $328,900 $143,200 $185,700
2023 $10,811 $328,900 $143,200 $185,700
2022 $11,044 $328,900 $143,200 $185,700
2021 $11,044 $328,900 $143,200 $185,700
2020 $10,896 $328,900 $143,200 $185,700
2019 $10,860 $328,900 $143,200 $185,700
2018 $10,755 $328,900 $143,200 $185,700
2017 $10,568 $328,900 $143,200 $185,700
2016 $10,232 $328,900 $143,200 $185,700
2015 $10,222 $328,900 $143,200 $185,700
2014 $10,232 $328,900 $143,200 $185,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3249825

Garden State MLS

APN: 27-01103-0000-00001