NOT LISTED FOR SALE

10 Island Trail Wharton, NJ 07885

Estimated Value: $481,000 - $658,000

4 Beds
2 Baths
1,710 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $365,000 $213 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,471/month

127 Days on Market

Highlights

  • Private Waterfront
  • Lake Privileges
  • Clubhouse
  • Lake View
  • Colonial Architecture
  • Deck

About This Home

As of February 2018

LAKEFRONT HOME ON BEAUTIFUL LAKE SHAWNEE. 4 BEDROOMS, 2 DOWNSTAIRS AND TWO UP. TWO FULL BATHS. 2ND FLOOR ADDED 2002, BUILDER INSTALLED A LAMINATED "i" BEAM FOR FULL SUPPORT OF THE 2ND STORY ALLOWING THE 1ST FLOOR WALLS TO BE REMOVED WITHOUT ADDING ADDITIONAL SUPPORT.THE GALLEY KITCHEN IS OPEN & BRIGHT FEATURING GRANITE COUNTERS. MULTI ZONE HEATING & AC, NEWER ELECTRICAL SERVICE. 1 CAR GARAGE, DRIVEWAY FOR 5 CARS, LOCATED ON A LARGE CORNER LOT, 12 X 8 CUSTOM STORAGE SHED, LOCATED ON A CUL-DE-SAC STREET WITH NO THROUGH TRAFFIC. THE SEA WALL & CANTILEVERED DOCK WERE INSTALLED 2002. LAKE SHAWNEE OFFERS TWO BEACHES, SWIM LANES FOR THE COMPETITIVE SWIM TEAM, AND THE LAKEFRONT CLUBHOUSE IS AVAILABLE TO RENT FOR ALL YOUR SPECIAL OCCASIONS. STANLICK ELEMENTARY SCHOOL IS JUST 3 BLOCKS AWAY.

Last Agent to Sell the Property

Rick Ruotolo

RE/MAX TOWN & VALLEY II Listed on: 08/30/2017

RE/MAX TOWN & VALLEY II

Last Buyer's Agent

BETH SCHERR

RE/MAX AMERICAN DREAM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,199

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Private Waterfront
  • Lake Front
  • Corner Lot
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Utility Room
  • Lake Views
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Garage Access
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Lake Privileges
  • Deck

Schools

  • A.Stanlick Elementary School
  • Jefferson Middle School
  • Jefferson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2314-00284-0000-00001-0000-
  • Tax Block *

Community Details

Recreation

  • Community Playground

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,199

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1970
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2002
  • Street Number Display: 10
  • Directions: RT 15 TO LAKE SHAWNEE , RIGHT ON EAST SHAWNEE TRAIL, LEFT ON FAWN TERRACE LEFT ON ISLAND TRAIL. #10 FIRST HOUSE ON THE CORNER
  • I D: 4742795
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: LAKE SHAWNEE
  • First Name: RICK J
  • First Name3: BETH
  • Last Name: RUOTOLO
  • Last Name3: SCHERR
  • Office Phone: 973-361-7700
  • Office Phone3: 973-361-7700
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2002

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Dryer
  • Interior Amenities: TubShowr, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar, Galley Type
  • Kitchen Dim: 17x11
  • Kitchen Level: First
  • Living Room Dim: 19x12
  • Living Room Level: First
  • Other Room 1: Foyer
  • Level 1 Rooms: Utility Room, 2 Bedrooms, Foyer, Walkout, GarEnter, LivDinRm, Bath(s) Other, Kitchen
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 973-361-7700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storm Door(s), Storm Window(s), Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic 2 Bedroom Town Verified, Septic
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Playground, Club House, Lake Privileges
  • Association Maintenance Fee: 395
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: A.Stanlick
  • Middle School: Jefferson
  • High School: Jefferson
  • High School: Jefferson
  • Middle Jr High School: Jefferson

Lot Info

  • Lot Size: 0.215 AC
  • Assessed Improvement Value: 147700
  • Assessed Land Value: 114800
  • Assessment: 262500
  • Easement: Unknown
  • Lot Description: Lake/Water View, Corner, Level Lot, Waterfront, Lake Front
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.21
  • Zoning: RES

Rental Info

  • Application Fee: 500
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7199
  • Assessor Parcel Number: 2314-00284-0000-00001-0000-
  • Tax Rate Amount: 2.689
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: A.Stanlick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Feb 13, 2018
Sold by
Finn Sue Ann and Estate Of Lillian Louirie
Bought by
Bunda Timothy B and Bunda Jodi
Seller's Agent
Rick Ruotolo
RE/MAX TOWN & VALLEY II
Buyer's Agent
BETH SCHERR
RE/MAX AMERICAN DREAM
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Total Days on Market
127
Current Estimated Value
$601,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,204
Avg. Annual Appreciation
7.25%
Original Mortgage
$292,000
Outstanding Balance
$252,896
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$357,318

Purchase Details

Closed on
Sep 22, 2005
Sold by
Zoock Harold
Bought by
Lourie Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,500
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 1999
Sold by
Fong Robert and Fong Bernadette
Bought by
Wheatman Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bunda Timothy B $365,000 Associates Title
Lourie Lillian $389,000 --
Wheatman Laurie $162,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunda Timothy B $15,000
Open Bunda Timothy B $292,000
Previous Owner Lourie Lillian $369,500
Previous Owner Wheatman Laurie $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $365,000 -14.1% $213 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $425,000 -- $249 / 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
2024 $12,965 $443,100 $142,800 $300,300
2023 $12,965 $443,100 $142,800 $300,300
2022 $9,058 $324,200 $142,800 $181,400
2021 $9,058 $324,200 $142,800 $181,400
2020 $8,906 $324,200 $142,800 $181,400
2019 $8,687 $316,000 $141,700 $174,300
2018 $7,564 $271,300 $116,100 $155,200
2017 $7,450 $262,500 $114,800 $147,700
2016 $6,919 $257,300 $106,900 $150,400
2015 $7,359 $276,400 $138,500 $137,900
2014 $7,301 $277,300 $138,500 $138,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3414598

Garden State MLS

APN: 14-00284-0000-00001