NOT LISTED FOR SALE

131 Island Rd Highland Lakes, NJ 07422

Estimated Value: $545,000 - $733,000

3 Beds
1.5 Baths
1,384 Sq Ft
$466/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $296,250 $214 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,691/month

52 Days on Market

Highlights

  • Private Waterfront
  • Ranch Style House
  • Great Room
  • Lake View
  • High Ceiling
  • Breakfast Bar

About This Home

As of August 2018

Move-in Ready Lakefront home on the Big Lake of Highland Lakes! 3 cozy bedrooms, and 1.5 updated baths. Updated kitchen with breakfast bar leading to large living room with a wood burning fireplace, perfect for those chilly nights! Freshly painted and carpeted throughout. The great room offers the most beautiful view of Highland Lakes and leads to the large level grassy yard, perfect for summer gatherings. Truly nothing to do but move in! Year round, or summer getaway, this home is a gem! The Highland Lake Community offers beaches and a host of community activities. Check out their website for a full schedule and breakdown of fees.

Last Agent to Sell the Property

Karen Ledwith

KELLER WILLIAMS PROSPERITY REALTY Listed on: 06/02/2018

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

Kathleen Wedral

REALTY EXECUTIVES MOUNTAIN PROP.

REALTY EXECUTIVES MOUNTAIN PROP.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,950

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Private Waterfront
  • Lake Front
  • Level Lot

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Tile

Interior Spaces

  • 1,384 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Family or Dining Combination
  • Lake Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Standard Electricity
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00151-0007-00023-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,950

Year Built

Built in 1960

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Style: Ranch, Lakestyle
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Sussex
  • Easements Description: Lake
  • Directions: Use GPS for best results. ISLAND ROAD, NOT DRIVE!
  • I D: 4809375
  • First Name: KAREN
  • First Name3: KATHLEEN
  • Last Name: LEDWITH
  • Last Name3: WEDRAL
  • Office Phone3: 973-827-6767
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Interior Amenities: High Ceilings
  • Bedrooms: 3
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Crawl Space
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar
  • Estimated Sq Ft: 1384
  • Ground Level Rooms: 3 Bedrooms, Great Room, LivDinRm, Bath Main, Bath(s) Other, Kitchen
  • Phone: 973-657-1000

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: Gravel, 2 Car Width

Utilities

  • Fuel Type: OilAbOut, GasPropL
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 1265
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Lot Info

  • Lot Size: .28 AC
  • Easement: Yes
  • Lot Description: Lake/Water View, Level Lot, Waterfront, Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Rental Info

  • Application Fee: 2000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8950
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00151-0007-00023-0000-
  • Tax Rate Amount: 2.621
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Miller Craig
Bought by
Miller Craig and Miller Michelle
Current Estimated Value
$645,635

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 8, 2018
Sold by
Srp 2015 1 Llc
Bought by
Miller Craig and Miller Michelle
Seller's Agent
Karen Ledwith
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Kathleen Wedral
REALTY EXECUTIVES MOUNTAIN PROP.
List Price
$349,000
Sold Price
$296,250
Premium/Discount to List
-$52,750
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Sep 6, 2017
Sold by
Grala Jeanine and Grala Michael
Bought by
Srp 20151 Llc

Purchase Details

Closed on
Apr 7, 2005
Sold by
Grala Michael and Grala Jeanine
Bought by
Grala Michael

Purchase Details

Closed on
Oct 8, 2002
Sold by
Grala Michael V
Bought by
Grala Michael

Purchase Details

Closed on
Oct 17, 2001
Sold by
Grala Jeanine M and Grala Michael
Bought by
Grala Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.67%

Purchase Details

Closed on
Oct 2, 2000
Sold by
Kent Kenneth A and Moody Sharon L
Bought by
Grala Jeanine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
11.55%
Mortgage Type
Purchase Money Mortgage
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
Miller Craig -- Multiple
Miller Craig $296,250 None Available
Srp 20151 Llc $165,000 Fortune Title Agency Inc
Grala Michael -- Transcontinental Title Co
Grala Michael -- --
Grala Michael -- Fidelity National Title Ins
Grala Jeanine $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grala Michael $190,000
Previous Owner Grala Jeanine $106,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $296,250 -15.1% $214 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $349,000 -- $252 / 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 $14,231 $579,400 $454,200 $125,200
2024 $13,608 $583,000 $469,000 $114,000
2023 $13,608 $524,800 $413,000 $111,800
2022 $13,089 $464,300 $357,000 $107,300
2021 $11,777 $374,700 $287,000 $87,700
2020 $11,540 $368,700 $281,800 $86,900
2019 $9,623 $341,500 $252,000 $89,500
2018 $9,197 $341,500 $252,000 $89,500
2017 $8,951 $341,500 $252,000 $89,500
2016 $8,937 $341,500 $252,000 $89,500
2015 $8,906 $341,500 $252,000 $89,500
2014 $8,988 $341,500 $252,000 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3476041

Garden State MLS

APN: 22-00151-07-00023