NOT LISTED FOR SALE

118 Race Track Dr Hewitt, NJ 07421

Estimated Value: $240,000 - $336,000

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold April 03, 2023

Last sale price $188,000

Est. 54% increase in value since last sale

Current estimated payment $1,980/month

20 Days on Market

About This Home

As of April 2023

Diamond in the rough! This is a great opportunity to own in the Island Section of upper Greenwood Lake community. Two bedroom ranch home, directly across from the lake, has so much charm. A great condo alternative. Backyard has a custom dog enclosure with roof. Front enclosed porch with view of lake, rear deck also features view of lake. Large driveway. $235 yearly lake fee. Furnace 2016 and bath redone 10 years ago. This community offers a beautiful lake, beach and clubhouse. Not far from Warwick, restaurants and much more. House is strictly as is. Buyer responsible for smoke CERT. Fireplace has been removed. Also all contents to be removed by buyer. Please note: this home is sold "AS IS". Buyer will need to submit an application to the dock committee.

Last Agent to Sell the Property

Judy Longo

Better Homes & Gardens Real Estate Green Team Listed on: 12/10/2022

Better Homes & Gardens Real Estate Green Team

Co-Listed By

Rosemary Thompson

Better Homes & Gardens Real Estate Green Team

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,081

Lot Details

  • 4,008 Sq Ft Lot
  • Lake Front
  • Rectangular Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Legal Lot and Block 00036 / 02611

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,081

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 838-9300
  • MLS Status: Sold - Sold
  • Directions: Wark Tpke to Lake Shore Dr to L onto Landing Rd L onto Race Tract Dr R over the bridge
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Other

Utilities

  • Cooling: None
  • Heating: Oil, Other, See Remarks

Lot Info

  • Lot Size Sq Ft: 4008.0

Tax Info

  • Tax Annual Amount: 5081.0
  • Tax Block: 02611
  • Tax Lot: 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Feb 22, 2023
Sold by
Caposella Catherine Carol
Bought by
Lun Lan Leo I and Tai Frank M
Seller's Agent
Judy Longo
Better Homes & Gardens Real Estate Green Team
Buyer's Agent
Outside Agent
Outside Office
List Price
$164,900
Sold Price
$188,000
Premium/Discount to List
$23,100
14.01%
Views
66
Current Estimated Value
$290,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,207
Avg. Annual Appreciation
18.72%

Purchase Details

Closed on
Jul 25, 1997
Sold by
Estate Of Louise Pansini
Bought by
Caposella Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lun Lan Leo I $188,000 Metro Title
Lun Lan Leo I $188,000 Metro Title
Caposella Catherine $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caposella Catherine $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $188,000 +14.0% --
12/30/2022 12/30/22 Pending -- -- --
12/10/2022 12/10/22 For Sale $164,900 -- --
Source: New Jersey 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 $5,295 $167,800 $96,100 $71,700
2024 $5,322 $130,600 $96,100 $34,500
2022 $5,052 $130,600 $96,100 $34,500
2021 $4,943 $130,600 $96,100 $34,500
2020 $4,891 $130,600 $96,100 $34,500
2019 $4,826 $130,600 $96,100 $34,500
2018 $4,814 $130,600 $96,100 $34,500
2017 $4,836 $130,600 $96,100 $34,500
2016 $4,844 $130,600 $96,100 $34,500
2015 $4,788 $130,600 $96,100 $34,500
2014 $5,140 $143,700 $96,100 $47,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22043068

New Jersey MLS

APN: 15-02611-0000-00036