$389,000 - $400,750
RENTED DEC 4, 2024

149 Drake Ln Ledgewood, NJ 07852

2 Beds
2 Baths
1,213 Sq Ft
8,276 Sq Ft Lot

Last Sold December 10, 2020

Last sale price $237,500 $196 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,621/month

Highlights

  • Community Pool
  • Tennis Courts
  • Forced Air Heating System
  • Roxbury High School Rated A-
  • En-Suite Primary Bedroom
  • Dogs and Cats Allowed

About This Home

As of December 2024

Enjoy the views of the lake from this second floor (top floor) 2 bedroom, 2 bathroom unit in the Drakesville complex. Kitchen has granite countertops, plenty of cabinetry and is open to the living room and dining area. Living Room has vaulted ceiling. In-unit laundry room is off the hallway. Sliders lead to a private deck with incredible views. Primary Bedroom has ensuite bathroom and walk-in closet. Unit includes single car private garage with storage closet and additional driveway parking for 1 car. Owner will allow one pet (either a cat or dog). Drakesville offers a community pool and tennis courts. Mt. Arlington train station, Route 46, 10 and 80 are just minutes away.

Last Agent to Rent the Property

Suzanne Curley

Prominent Properties Sotheby's International Realty-Montclair Listed on: 10/29/2024

Prominent Properties Sotheby's International Realty-Montclair

Last Renter's Agent

Sarah Rosario

A.W. Van Winkle & Company

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,547

Year Built

  • 1989

Lot Details

  • 8,276

Parking

  • 1 Car Garage
  • Garage Door Opener

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,547

Year Built

1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: Pool Outdoor, Tennis Court(s)
  • Reso Pets Allowed: Cats OK, Dogs OK, Yes
  • Co List Office Phone: (973) 783-6900
  • MLS Status: Leased - Leased
  • Directions: I-80 to Howard Blvd. Exit to Drake Lane #149.
  • Reso Fireplace Features: None
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 7, 2020
Sold by
Ehrgott Cheryl
Bought by
Gangala Gabriella
Seller's Agent
Nicole Haslett
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
SUZANNE CURLEY
PROMINENT PROPERTIES SIR
List Price
$229,999
Sold Price
$237,500
Premium/Discount to List
$7,501
3.26%
Current Estimated Value
$396,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,688
Avg. Annual Appreciation
11.51%
Original Mortgage
$200,500
Outstanding Balance
$179,633
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,617

Purchase Details

Closed on
Sep 29, 1995
Sold by
Ehrgott Cheryl and Ehrgott Donald A
Bought by
Ehrgott Cheryl
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
Gangala Gabriella $237,500 None Listed On Document
Ehrgott Cheryl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangala Gabriella $200,500
Previous Owner Ehrgott Cheryl L $40,000
Previous Owner Ehrgott Cheryl L $83,000
Previous Owner Ehrgott Cheryl $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Rented $2,575 -1.9% --
10/29/2024 10/29/24 For Rent $2,625 +19.3% --
05/05/2023 05/05/23 Rented $2,200 +2.3% --
04/17/2023 04/17/23 For Rent $2,150 0.0% --
12/10/2020 12/10/20 Sold $237,500 +3.3% $196 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $229,999 -- $190 / Sq Ft
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
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

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Map

Source: New Jersey MLS

MLS Number: 24034717

New Jersey MLS

APN: 36-06501-0000-00002-305