NOT LISTED FOR SALE

16 Colonial Lake Dr Lawrence Township, NJ 08648

Estimated Value: $397,000 - $452,000

4 Beds
2 Baths
1,547 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $385,000 $249 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,931/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Lawrence High School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

This home is an incredible find! Located in the great neighborhood of Colonial Lakes, this spacious Cape Cod has so much to offer! This home offers a wide family room, nice dining area, and kitchen with ample cabinet and counter space. The over-sized laundry/utility room leads to the roomy one-car garage, with plenty of space for a car and storage. Two large bedrooms and a full bathroom complete the first floor. Upstairs, both bedrooms feature wood flooring, and share a full-sized bathroom. Outside, you'll find a wide front porch and lovely fenced-in yard. The homes needs some updating, but you can make this diamond in the rough your dream home!

Last Agent to Sell the Property

Joe DeLorenzo

RE/MAX of Princeton License #9483422 Listed on: 02/11/2024

RE/MAX of Princeton

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,537

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 85.00 x 0.00
  • Property is in below average condition
  • Property is zoned R-4

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • Property has 2 Levels
  • Dining Room
  • Utility Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Colonial Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 07-02202-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,537

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-02-11
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This home is an incredible find! Located in the great neighborhood of Colonial Lakes, this spacious Cape Cod has so much to offer! This home offers a wide family room, nice dining area, and kitchen with ample cabinet and counter space. The over-sized laundry/utility room leads to the roomy one-car garage, with plenty of space for a car and storage. Two large bedrooms and a full bathroom complete the first floor. Upstairs, both bedrooms feature wood flooring, and share a full-sized bathroom. Outside, you'll find a wide front porch and lovely fenced-in yard. The homes needs some updating, but you can make this diamond in the rough your dream home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven - Wall, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Carpet, Wood
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 10
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Utility Room
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1547
  • Living Area Sq Ft: 1547
  • Price Per Sq Ft: 242.40
  • Above Grade Finished Sq Ft: 1547
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage, On Street
  • Number of Spaces in Driveway: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 85.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Year Assessed: 2022
  • Zoning: R-4
  • Zoning Description: residential

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6537.00
  • Assessor Parcel Number: 07-02202-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1547
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/11/2024

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Apr 2, 2024
Sold by
Hartmann Marianne Potocki and Hartmann John A
Bought by
Tamarana Rebecca J and Tamarana Danielle N
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Views
1753
Current Estimated Value
$433,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,966
Avg. Annual Appreciation
10.70%
Original Mortgage
$308,000
Outstanding Balance
$304,798
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$137,750
Source: Public Records

Range of Values:

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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
Tamarana Rebecca J $385,000 Group 21 Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tamarana Rebecca J $308,000
Previous Owner Hartmann Marianne Potocki $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $385,000 +2.7% $249 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $375,000 -- $242 / 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 $6,794 $219,300 $79,700 $139,600
2024 $6,658 $219,300 $79,700 $139,600
2023 $6,658 $219,300 $79,700 $139,600
2022 $6,537 $219,300 $79,700 $139,600
2021 $6,454 $219,300 $79,700 $139,600
2020 $6,364 $219,300 $79,700 $139,600
2019 $6,283 $219,300 $79,700 $139,600
2018 $6,140 $219,300 $79,700 $139,600
2017 $6,112 $219,300 $79,700 $139,600
2016 $6,022 $219,300 $79,700 $139,600
2015 $5,855 $219,300 $79,700 $139,600
2014 $5,746 $219,300 $79,700 $139,600
Source: Public Records

Agents Affiliated with this Home

  • Joe DeLorenzo

    Seller's Agent in 2024

    Joe DeLorenzo

    RE/MAX

    (609) 635-0714

    52 in this area

    161 Total Sales

    Joe DeLorenzo
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Source: Bright MLS

MLS Number: NJME2038898

Bright MLS

APN: 07-02202-0000-00016

New Jersey Mercer County Lawrence Township Cumberland

16 Colonial Lake Dr, Lawrence Township Cumberland, NJ

This home is located at 16 Colonial Lake Dr, Lawrence Township, NJ 08648 since 11 February 2024 and is currently estimated at $433,966, approximately $280 per square foot. This property was built in 1968. 16 Colonial Lake Dr is a home located in Mercer County with nearby schools including Lawrence High School and Paul Robeson Charter School For The Humanities.

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