NOT LISTED FOR SALE

Estimated Value: $959,000 - $981,000

5 Beds
3 Baths
3,736 Sq Ft
$260/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $850,000 $228 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,812/month

9 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Boat Dock
  • Pier or Dock
  • Shawnee High School Rated A-
  • Beach
  • Sandy Beach

About This Home

As of June 2023

Lakefront! This amazing waterfront home has never been on the market before. Original owners who had it custom built for them in 1963 by renowned architect Malcolm Wells. This home has 5 bedrooms, 3 full baths, finished basement with walkout to lake, 2 car garage, rough redwood siding, tons of storage, newer systems, hardwood flooring, gas fireplace, gas heat, central air, amazing waterfront views, home office, workshop, 3 season room that is really year round with heat and air, walk in-attic and a second attic with pull down stairs, 3 zone heat, 2 zone air, all of basement has radiant floor heat, main floor and second floor have baseboard radiant heat, newer dock at the lake, beach at the lake, lake irrigation system, 100 feet of water frontage. This 3 story home is set back from the road and true to the architect's design theories, built to blend in with its natural surroundings. The double wide driveway and attached oversized garage provide plenty of off street parking. Naturally landscaped with gorgeous rhododendrons and moss, follow the stone walkway to the custom designed double door front entry by the owner. All the exterior lanterns are included and were done by Genie House. The stone foyer entry opens to all the homes living areas, each room taking full advantage of the water views. The spacious living room has a brick gas burning fireplace, while the back of the fireplace is shown off in the dining room. Dine with a view! The kitchen has ceramic flooring, granite countertops, and all the appliances are included. Located off of the kitchen is a pantry closet as well as a second walk in pantry closet. So much room in this closet, you may want to move the washer and dryer here. The family room is warm and cozy with a full bath on one side. Don't miss the Florida room that has heat and air, as well as two walls of sliding doors and windows to the lake. There are stairs going down to the backyard patios, which makes for a nice flow when entertaining guests at your lake house. The upper level houses 5 bedrooms, 2 full baths and features hardwood flooring, walk in closets, custom built-ins and a huge walk in attic/storage area over the garage. There is also a second attic area over the entire 2nd floor with access via pull down stairs in the hallway. This home also features a full basement that is partially finished, with a walk out to the backyard and lake. The entire basement has radiant floor heat. The large laundry room has the dryer which is included and washer hook ups, the washer is also included. The rec room, currently being used as a guest bedroom, has so many uses: 6th bedroom, office, play room, exercise room, craft room, whatever your needs may be. Double door entry to the awesome work room, any handyperson's dream room. There is also more storage and the utility area in this section. The grassy backyard, as well as the front have a lake irrigation system. The pebbled patio area overlooks the yard and more gorgeous rhodos. There is a sandbox/beach area on the lake as well as a newer dock. This is the lakefront home you dreamed of, a one-of-a-kind Medford Lakes beauty, don't miss out on owning an original.

Last Agent to Sell the Property

Valerie Bertsch

Compass New Jersey, LLC - Moorestown Listed on: 02/19/2023

Compass New Jersey, LLC - Moorestown

Last Buyer's Agent

Valerie Bertsch

Compass New Jersey, LLC - Moorestown Listed on: 02/19/2023

Compass New Jersey, LLC - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,143

Year Built

  • Built in 1963

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 165x100x190x100
  • 100 Feet of Waterfront
  • Sandy Beach
  • Sprinkler System
  • Property is zoned LR

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 6 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Colonial Architecture
  • Chalet
  • Cabin
  • Block Foundation
  • Wood Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace Mantel
  • Brick Fireplace
  • Gas Fireplace
  • Casement Windows
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Lake Views
  • Attic

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Shelving
  • Workshop
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock
  • Lake Privileges
  • Exterior Lighting
  • Porch

Schools

  • Nokomis Elementary School
  • Neeta Middle School
  • Shawnee High School

Utilities

  • Central Air
  • Radiant Heating System
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Tax Lot 01799
  • Assessor Parcel Number 21-30047-01799

Community Details

Overview

  • Association fees include common area maintenance
  • $200 Other One-Time Fees
  • Medford Lakes Colony HOA
  • Community Lake

Amenities

  • Common Area
  • Community Center

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fishing Allowed
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,143

Year Built

Built in 1963

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge, Chalet, Colonial
  • Ownership: Fee Simple
  • Exclusions: Kitchen light fixture
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-02-19
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Water Conditioner - Owned, Water Heater, Oven/Range - Electric
  • Interior Amenities: Attic, Built-Ins, Carpet, Ceiling Fan(s), Central Vacuum, Exposed Beams, Kitchen - Country, Pantry, Primary Bath(s), Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Window Features: Casement, Energy Efficient
  • Fireplace Features: Brick, Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Sun/Florida Room, Laundry, Mud Room, Recreation Room, Storage Room, Utility Room, Workshop, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Heated, Partially Finished, Shelving, Walkout Level, Windows, Workshop
  • Laundry Type: Lower Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3736
  • Living Area Sq Ft: 3736
  • Price Per Sq Ft: 310.67
  • Above Grade Finished Sq Ft: 2736
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 149

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Vinyl Siding, Shake Siding
  • Exterior Features: Exterior Lighting, Lawn Sprinkler, Underground Lawn Sprinkler
  • View: Lake, Water
  • Water Access Features: Canoe/Kayak, Fishing Allowed, Private Access
  • Water Access: Yes
  • Water Body Name: Lake Siquitise
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Beach, Common Grounds, Community Center, Lake, Non-Lake Recreational Area, Pier/Dock, Soccer Field, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: MEDFORD LAKES COLONY
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 200.00
  • Other Fees Frequency: One Time

Schools

  • School District: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS
  • Elementary School: NOKOMIS E.S.
  • Middle School: NEETA SCHOOL
  • High School: SHAWNEE H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396967
  • School District Source: Listing Agent
  • Elementary School: NOKOMIS E.S.
  • High School: SHAWNEE H.S.
  • Middle Or Junior School: NEETA SCHOOL

Lot Info

  • Lot Size Acres: 0.42
  • Lot Dimensions: 165x100x190x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18121.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: LR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16143.00
  • Assessor Parcel Number: 21-30047-01799
  • Tax Lot: 01799
  • Tax Total Finished Sq Ft: 2736
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

Multi Family

  • Waterfront Features: Private Dock Site, Sandy Beach

MLS Schools

  • School District Name: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
Jun 30, 2023
Sold by
Grever Phyllis B
Bought by
Bolognone Michael and Bolognone Sherri Lee
Seller's Agent
Valerie Bertsch
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Valerie Bertsch
Compass New Jersey, LLC - Moorestown
List Price
$850,000
Sold Price
$850,000
Views
234
Current Estimated Value
$970,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,551
Avg. Annual Appreciation
6.36%
Original Mortgage
$350,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 1998
Sold by
Phyllis B Grever Living Trust
Bought by
Grever Jerome L and Grever Phyllis B

Purchase Details

Closed on
May 11, 1994
Sold by
Grever Jerome L and Grever Phyllis B
Bought by
Phyllis B Grever Living Trust
Source: Public Records

Range of Values:

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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
Bolognone Michael $850,000 Foundation Title
Grever Jerome L -- --
Phyllis B Grever Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolognone Michael $505,000
Closed Bolognone Michael $100,000
Closed Bolognone Michael $350,000
Previous Owner Grever Phyllis B $200,000
Previous Owner Grever Phyllis B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $850,000 0.0% $228 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/19/2023 02/19/23 For Sale $850,000 -- $228 / Sq Ft
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 $17,858 $469,700 $194,400 $275,300
2024 $16,501 $469,700 $194,400 $275,300
2023 $16,501 $459,000 $194,400 $264,600
2022 $16,143 $459,000 $194,400 $264,600
2021 $15,466 $459,000 $194,400 $264,600
2020 $15,285 $459,000 $194,400 $264,600
2019 $15,257 $459,000 $194,400 $264,600
2018 $14,872 $459,000 $194,400 $264,600
2017 $13,951 $459,000 $194,400 $264,600
2016 $13,598 $459,000 $194,400 $264,600
2015 $13,511 $459,000 $194,400 $264,600
2014 $13,190 $459,000 $194,400 $264,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2041352

Bright MLS

APN: 21-30047-0000-01799