NOT LISTED FOR SALE

115 Island Rd Highland Lakes, NJ 07422

Estimated Value: $641,000 - $864,044

3 Beds
2.5 Baths
1,800 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $450,000 $250 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,220/month

26 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Wood Flooring
  • Spa
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of August 2017

One of the most spectacular lakefront properties in Highland Lakes! 180 degree lake views and an incredible 325 feet of shoreline on the main lake, including deep water access. Docks included! Light-filled home with 3 bedrooms plus bonus loft, 2 1/2 bathrooms, full basement, central AC, kitchen with commercial-quality propane Viking range, original stone fireplace, custom woodwork, garage, large flat lakefront yard with outdoor fireplace and hot tub. Lake views from all rooms. Current survey is included! House was recently inspected and all systems are in good condition. The house has never been lived in full time and there is no wear and tear and it's in incredible shape. Take advantage of this rare opportunity to own a lakefront gem.

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Listed on: 07/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,583

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lake Front

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake Privileges
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Water Filtration System
  • Well
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00151-0004-00008-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,583

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Lakestyle
  • Primary Style: Lakestyle
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Sussex
  • Directions: On the end of the peninsula on the east side of the main lake
  • I D: 4728749
  • Section Subdiv Development: HIGHLAND LAKES
  • First Name: JACK QIZHAN
  • First Name3: UNKNOWN
  • Last Name: YAO
  • Last Name3: AGENT
  • Office Phone: 732-727-2285
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Hot Tub, Washer, Water Filter, Dishwasher, Water Softener-Own, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: Bar-Wet, Beam Ceilings, Security System, High Ceilings, Cathedral Ceiling
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full
  • Kitchen Area: Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Florida/3Season, Living Room, Bath Main
  • Level 2 Rooms: 1 Bedroom, Bath Main
  • Estimated Sq Ft: 1800
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Barbeque, Hot Tub, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn
  • Heating: Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well

Condo/Co-op/Association

  • Amenities: Lake Privileges

Lot Info

  • Lot Size: .24 AC
  • Easement: Unknown
  • Lot Description: Lake Front, Lake/Water View
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9583
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00151-0004-00008-0000-
  • Tax Rate Amount: 2.617
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 28, 2017
Sold by
Magee Christopher and Magee Lauren
Bought by
Eisenberg Lee D
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
List Price
$464,000
Sold Price
$450,000
Premium/Discount to List
-$14,000
-3.02%
Current Estimated Value
$749,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,761
Avg. Annual Appreciation
6.38%
Original Mortgage
$311,250
Outstanding Balance
$259,504
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$490,257

Purchase Details

Listed on
Feb 14, 2017
Closed on
Apr 20, 2017
Sold by
Kane Cagin Patricia and Cagin Norman
Bought by
Magee Christopher
Seller's Agent
Pamela Willard
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Pamela Willard
REALTY EXECUTIVES EXCEPTIONAL
List Price
$399,999
Sold Price
$410,000
Premium/Discount to List
$10,001
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.51%
Original Mortgage
$369,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1998
Sold by
Hartman Gregg Stephen
Bought by
Kane Cagin Patricia

Purchase Details

Closed on
Jan 12, 1994
Sold by
Sebald Dorothy
Bought by
Hartman Gregg S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.11%
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
Eisenberg Lee D $450,000 Old Republic Natl Title Ins
Magee Christopher $410,000 None Available
Kane Cagin Patricia $287,000 First American Title Ins Co
Hartman Gregg S $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenberg Lee D $311,250
Previous Owner Magee Christopher $369,000
Previous Owner Hartman Gregg S $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2017 08/30/17 Sold $450,000 -3.0% $250 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $464,000 +13.2% $258 / Sq Ft
04/20/2017 04/20/17 Sold $410,000 +2.5% $222 / Sq Ft View Prior Sale
02/20/2017 02/20/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $399,999 -- $216 / 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 $15,278 $625,700 $457,400 $168,300
2024 $14,409 $625,900 $472,800 $153,100
2023 $14,409 $555,700 $416,800 $138,900
2022 $13,926 $494,000 $360,800 $133,200
2021 $13,034 $414,700 $290,800 $123,900
2020 $12,755 $407,500 $285,600 $121,900
2019 $10,320 $366,200 $246,000 $120,200
2018 $9,862 $366,200 $246,000 $120,200
2017 $9,598 $366,200 $246,000 $120,200
2016 $9,583 $366,200 $246,000 $120,200
2015 $9,551 $366,200 $246,000 $120,200
2014 $9,638 $366,200 $246,000 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3401629

Garden State MLS

APN: 22-00151-04-00008