NOT LISTED FOR SALE

126 N Lake Dr Marmora, NJ 08223

Estimated Value: $82,000 - $218,000

3 Beds
1 Bath
664 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $81,900 $123 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,191/month

Highlights

  • Gated Community
  • Community Lake
  • Community Pool
  • Lake Privileges
  • Rambler Architecture
  • Tennis Courts

About This Home

As of June 2023

This beautiful home is located in the desirable Bayberry Cove which is 5 minutes from Ocean City. This is a must see because Bayberry is the most sought after community in Cape May county.

Last Agent to Sell the Property

William McKeever

Century 21 Alliance - Mantua Listed on: 05/24/2023

Century 21 Alliance - Mantua

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1988

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 35.00 x 60.00
  • Property is in very good condition

HOA Fees

Parking

  • 2 Off-Street Spaces

Home Design

  • Rambler Architecture
  • Aluminum Siding

Interior Spaces

  • 664 Sq Ft Home
  • Property has 1 Level
  • Awning

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Mobile Home

  • Mobile Home Make and Model is Park, Sebring
  • Mobile Home is 12 x 34 Feet

Utilities

  • Heat Pump System
  • Underground Utilities
  • 60 Amp Service
  • Propane
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Lake Privileges
  • Flood Risk

Listing and Financial Details

  • Tax Lot 00016 C126
  • Assessor Parcel Number 11-00599-00016-C126

Community Details

Overview

  • Bayberry Cove HOA, Phone Number (609) 390-3535
  • Bayberry Cove Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Meeting Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Dog Park

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,721

Year Built

Built in 1988

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Manufactured
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: All furniture
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This beautiful home is located in the desirable Bayberry Cove which is 5 minutes from Ocean City. This is a must see because Bayberry is the most sought after community in Cape May county.
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 664
  • Living Area Sq Ft: 664
  • Price Per Sq Ft: 240.96
  • Above Grade Finished Sq Ft: 664
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 126

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Awning(s)
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Electric Service: 60 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Community Septic Tank
  • Utilities: Cable Tv, Propane, Under Ground
  • Water Source: Community
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 470.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 470.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Basketball Courts, Cable, Dog Park, Gated Community, Lake, Laundry Facilities, Meeting Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • HOA Name: BAYBERRY COVE
  • HOA Phone: 609-390-3535
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: UPPER TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396110
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 16900.00
  • Land Assessed Value: 65000.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 35.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2100.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: MTCD

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 3826533
  • Tax Annual Amount: 1721.00
  • Assessor Parcel Number: 11-00599-00016-C126
  • Tax Lot: 00016 C126
  • Tax Total Finished Sq Ft: 664
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/07/2023

MLS Schools

  • School District Name: UPPER TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 7, 2023
Sold by
Root William W and Root Sandra
Bought by
Walker William J and Walker Linda C
Seller's Agent
William McKeever
Century 21 Alliance - Mantua
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$160,000
Sold Price
$81,900
Premium/Discount to List
-$78,100
-48.81%
Current Estimated Value
$131,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,520
Avg. Annual Appreciation
25.58%

Purchase Details

Closed on
Mar 29, 2012
Sold by
Paoletto Ethel M
Bought by
Root William W and Root Sandra

Purchase Details

Closed on
May 14, 1999
Sold by
Parsons James
Bought by
Paoletto Frank and Paoletto Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.88%
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
Walker William J $81,900 Surety Title
Root William W $70,000 Group 21 Title Agency
Paoletto Frank $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paoletto Frank $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $81,900 -48.8% $123 / Sq Ft
05/24/2023 05/24/23 For Sale $160,000 -- $241 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
Source: Bright 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 $1,880 $81,900 $65,000 $16,900
2024 $1,880 $81,900 $65,000 $16,900
2023 $1,787 $81,900 $65,000 $16,900
2022 $1,722 $81,900 $65,000 $16,900
2021 $1,229 $81,900 $65,000 $16,900
2020 $1,596 $81,900 $65,000 $16,900
2019 $1,554 $81,900 $65,000 $16,900
2018 $1,513 $81,900 $65,000 $16,900
2017 $1,459 $80,000 $65,000 $15,000
2016 $1,484 $80,000 $65,000 $15,000
2015 $1,444 $80,000 $65,000 $15,000
2014 $1,264 $85,900 $70,000 $15,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCM2002104

Bright MLS

APN: 11-00599-0000-00016-0000-C126