NOT LISTED FOR SALE

1047 Lakeside Dr E Highland Lakes, NJ 07422

Estimated Value: $535,000 - $740,641

2 Beds
2 Baths
990 Sq Ft
$638/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $332,500 $336 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,541/month

202 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Deck
  • Docks
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of January 2020

Gorgeous Lake & Sunset Views from nearly every room! Well maintained & loved for many years, this is a perfect vacation home or year-round residence. Relax, swim, fish or sail. Love the Lake Life! A home for all seasons with year round activities featuring 5 lakes, 7 beaches, basketball & tennis courts, clubhouse, ball fields & playgrounds. There's room for everyone with enclosed porch/dining room, living room w/fireplace, full sized kitchen, 2 bedrooms & full bath on main level plus partially finished walkout basement with guest room, full bath, workshop & laundry areas. Feel the comfort of central air or fires by the hearth on cool evenings. Enjoy gentle breezes by the dock or on the covered stone patio. Nearby activities include skiing, golf, water park, hiking trails, restaurants & apple picking.

Last Agent to Sell the Property

Gina Lancellotti

COLDWELL BANKER REALTY Listed on: 04/27/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

DONNA SMITH

BHHS GROSS AND JANSEN REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Lake Front

HOA Fees

  • $102 Monthly HOA Fees

Home Design

  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Parking Lot

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Patio
  • Separate Outdoor Workshop

Schools

  • Vernon Elementary And Middle School
  • Vernon High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00207-0026-00002-0000-

Community Details

Overview

  • Association fees include snow removal, trash collection
  • $5 Other Monthly Fees

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,900

Year Built

Built in 1947

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Style: Lakestyle
  • Primary Style: Lakestyle
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Sussex
  • Exclusions: Some Personal Items
  • Directions: Route 23 to Canistear Rd, slight left on Lakeside Dr East or Route 515 to Breakneck, R on Canistear, R on Lookover, L on Lakeside Dr E to 1047 on rt
  • I D: 4890720
  • Section Subdiv Development: Highland Lakes
  • First Name: GINA
  • First Name3: DONNA
  • First Name4: CLAYTON
  • Last Name: LANCELLOTTI
  • Last Name3: SMITH
  • Last Name4: TOYE III
  • Office Phone: 973-726-6834
  • Office Phone3: 973-764-0900
  • Office Phone4: 973-764-0900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Security System, Smoke Detector, TubShowr
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Bath(s) Other, Den, Walkout, Workshop
  • Dining Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Den
  • Other Room1 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room, SeeRem
  • Level 2 Rooms: Attic
  • Phone: 973-729-6111

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Deck, Dock, Patio, Storm Door(s), Workshop
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Gravel, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric, Gas-Propane
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Lake Privileges, Playground, Tennis Courts
  • Association Maintenance Fee: 1225
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 60

Schools

  • High School: VERNON
  • Middle Jr High School: VERNON

Lot Info

  • Lot Size: .26 AC
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26
  • Zoning: Residential

Rental Info

  • Application Fee: 2000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 8900
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00207-0026-00002-0000-
  • Tax Rate Amount: 2.693
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: VERNON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jan 24, 2020
Sold by
Steinberg Howard and Steinberg Barbara
Bought by
Fahmy Sherif and Duffin Justine S
Seller's Agent
Gina Lancellotti
COLDWELL BANKER REALTY
Buyer's Agent
DONNA SMITH
BHHS GROSS AND JANSEN REALTORS
List Price
$375,000
Sold Price
$332,500
Premium/Discount to List
-$42,500
-11.33%
Current Estimated Value
$631,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,910
Avg. Annual Appreciation
11.59%
Original Mortgage
$132,500
Outstanding Balance
$117,294
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$514,116
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fahmy Sherif $332,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahmy Sherif $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $332,500 -11.3% $336 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $375,000 -- $379 / 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 $13,369 $540,700 $454,500 $86,200
2024 $12,711 $547,700 $469,300 $78,400
2023 $12,711 $490,200 $413,300 $76,900
2022 $12,153 $431,100 $357,300 $73,800
2021 $10,680 $339,800 $287,300 $52,500
2020 $11,121 $355,300 $282,200 $73,100
2019 $9,313 $330,500 $249,000 $81,500
2018 $8,900 $330,500 $249,000 $81,500
2017 $8,412 $330,500 $249,000 $81,500
2016 $8,399 $330,500 $249,000 $81,500
2015 $8,369 $330,500 $249,000 $81,500
2014 $8,449 $330,500 $249,000 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3551550

Garden State MLS

APN: 22-00207-26-00002