NOT LISTED FOR SALE

137 Drake Ln Ledgewood, NJ 07852

Estimated Value: $389,000 - $445,000

2 Beds
2 Baths
960 Sq Ft
8,276 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $285,000 $297 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,624/month

Highlights

  • 1 Car Attached Garage
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Roxbury High School Rated A-
  • 1-Story Property

About This Home

As of January 2022

This home is located at 137 Drake Ln, Ledgewood, NJ 07852 since 12 January 2022 and is currently estimated at $407,742, approximately $424 per square foot. This property was built in 1989. 137 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Agent to Sell the Property

DANNY GALLEGO

WEICHERT REALTORS Listed on: 01/12/2022

Last Buyer's Agent

DANNY GALLEGO

WEICHERT REALTORS Listed on: 01/12/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 1989

Lot Details

  • 8,276

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Vertical Siding

Interior Spaces

  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2336-06501-0000-00002-0296-

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,389

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Route 10 or 46 to Commerce Blvd to Drake Ln
  • I D: 5123602
  • First Name: DANNY
  • First Name3: DANNY
  • Last Name: GALLEGO
  • Last Name3: GALLEGO
  • Office Phone: 973-539-8000
  • Office Phone3: 973-539-8000
  • Attribution Contact: 973-539-8000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dryer, Refrigerator, Washer
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Area: Eat-In Kitchen
  • Phone: 973-539-8000

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee Frequency: Quarterly

Lot Info

  • Lot Size: 0.19 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5389
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2336-06501-0000-00002-0296-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.629
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jan 9, 2022
Sold by
Cecala Corrine A and Cecala Gerard J
Bought by
Tobar Ingrid C and Moncada Juan C
Seller's Agent
DANNY GALLEGO
WEICHERT REALTORS
Buyer's Agent
DANNY GALLEGO
WEICHERT REALTORS
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$407,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,742
Avg. Annual Appreciation
9.72%
Original Mortgage
$228,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2015
Closed on
Dec 3, 2015
Sold by
Parker Steven
Bought by
Cecala Corrine
Seller's Agent
PAUL CROSTA
COLDWELL BANKER REALTY
Buyer's Agent
Thomas Porfido
WEICHERT REALTORS
Sold Price
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$192,850
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2009
Sold by
Molitoris Lillian
Bought by
Parker Susan

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
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 1999
Sold by
Benko John and Benko Barbara
Bought by
Molitoris Andrew and Molitoris Lillian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tobar Ingrid C $285,000 Fidelity National Title
Cecala Corrine $203,000 Chicago Title Insurance Comp
Parker Susan $235,000 None Available
Molitoris Andrew $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tobar Ingrid C $228,000
Previous Owner Cecala Corrine $192,850
Previous Owner Parker Susan $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $285,000 0.0% $297 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $285,000 +40.4% $297 / Sq Ft
12/03/2015 12/03/15 Sold $203,000 -- $211 / Sq Ft View Prior Sale
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 $5,635 $205,000 $90,000 $115,000
2024 $5,547 $205,000 $90,000 $115,000
2023 $5,547 $205,000 $90,000 $115,000
2022 $5,400 $205,000 $90,000 $115,000
2021 $5,400 $205,000 $90,000 $115,000
2020 $5,389 $205,000 $90,000 $115,000
2019 $5,289 $205,000 $90,000 $115,000
2018 $5,275 $122,400 $64,500 $57,900
2017 $5,247 $122,400 $64,500 $57,900
2016 $5,144 $122,400 $64,500 $57,900
2015 $5,017 $122,400 $64,500 $57,900
2014 $4,938 $122,400 $64,500 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3758723

Garden State MLS

APN: 36-06501-0000-00002-296