NOT LISTED FOR SALE

15 Summit Terrace Sparta, NJ 07871

Estimated Value: $446,000 - $511,178

3 Beds
1.5 Baths
1,632 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $248,000 $152 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,406/month

250 Days on Market

Highlights

  • 0.25 Acre Lot
  • Lake Privileges
  • Raised Ranch Architecture
  • Sparta High School Rated A
  • Recreation Room
  • Powered Boats Allowed

About This Home

As of July 2017

Located in the Alpine section of Lake Mohawk, this home awaits it's new owner! Great floor plan, Living room with picture window and fireplace. Eat-in kitchen, dining room that leads to the screened in porch. Sun filled family room with windows galore! 3 good sized bedrooms. Recreation room in the finished lower level. Private rear yard, with patio and the screened in porch. 2 car garage.

Last Agent to Sell the Property

JULIE KILLEN

COLDWELL BANKER REALTY Listed on: 06/19/2016

Last Buyer's Agent

John Leahy

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,103

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Wall to Wall Carpet
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Outdoor Features

  • Lake Privileges
  • Enclosed Patio or Porch

Schools

  • Sparta Elementary And Middle School
  • Sparta High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2818-04013-0000-00042-0000-

Community Details

Recreation

  • Powered Boats Allowed
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,103

Year Built

Built in 1956

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1956
  • Year Built Description: Approximate
  • County Name: Sussex
  • Directions: West Shore Trl to South Shore Trail to Alpine Rd to a Right on Summit Rd to Left on Summit Trl to a left onto Summit Ter.
  • I D: 4636075
  • Section Subdiv Development: Lake Mohawk
  • First Name: JULIE
  • First Name3: JOHN
  • Last Name: KILLEN
  • Last Name3: LEAHY
  • Office Phone: 973-726-6820
  • Office Phone3: 908-735-8140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric, Dishwasher
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Powder Room, Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x13
  • Kitchen Level: First
  • Living Room Dim: 21x14
  • Living Room Level: First
  • Level 1 Rooms: Porch, Family Room, Kitchen, Dining Room, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-729-6111

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Patio, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater
  • Sewer: Septic
  • Utilities: Electric
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Playground, Jogging/Biking Path, Lake Privileges
  • Association Maintenance Fee: 1050
  • Association Maintenance Fee Frequency: Annually

Schools

  • High School: SPARTA
  • Middle Jr High School: SPARTA

Lot Info

  • Lot Size: 106X101 LMCC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25
  • Zoning: Residential

Rental Info

  • Application Fee: 3000

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8103
  • Assessor Parcel Number: 2818-04013-0000-00042-0000-
  • Tax Rate Amount: 3.889
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: SPARTA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2016
Closed on
Jul 7, 2017
Sold by
Frawley Robert P and Frawley Deliah M
Bought by
Donovick Joshua Perdue and Michalowski Mary Ellen
Seller's Agent
JULIE KILLEN
COLDWELL BANKER REALTY
Buyer's Agent
John Leahy
TURPIN REAL ESTATE, INC.
List Price
$319,000
Sold Price
$248,000
Premium/Discount to List
-$71,000
-22.26%
Current Estimated Value
$482,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,295
Avg. Annual Appreciation
8.22%
Original Mortgage
$140,000
Outstanding Balance
$116,316
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$365,979
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
Donovick Joshua Perdue $248,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovick Joshua Perdue $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $248,000 -22.3% $152 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
06/19/2016 06/19/16 For Sale $319,000 -- $195 / 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 $9,457 $263,500 $134,600 $128,900
2024 $9,186 $263,500 $134,600 $128,900
2023 $9,186 $263,500 $134,600 $128,900
2022 $8,964 $263,500 $134,600 $128,900
2021 $8,822 $263,500 $134,600 $128,900
2020 $8,959 $263,500 $134,600 $128,900
2019 $8,727 $263,500 $134,600 $128,900
2018 $8,543 $263,500 $134,600 $128,900
2017 $8,437 $263,500 $134,600 $128,900
2016 $7,990 $263,500 $134,600 $128,900
2015 $8,104 $214,800 $93,800 $121,000
2014 $7,968 $214,800 $93,800 $121,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JULIE KILLEN

    COLDWELL BANKER REALTY

  • J

    Buyer's Agent in 2017

    John Leahy

    TURPIN REAL ESTATE, INC.

    (908) 878-2565

    2 Total Sales

    John Leahy
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Map

Source: Garden State MLS

MLS Number: 3316082

Garden State MLS

APN: 18-04013-0000-00042

New Jersey Sussex County Sparta 07871

15 Summit Terrace, Sparta, NJ

Not Listed for Sale

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