NOT LISTED FOR SALE

16 Fayson Lake Rd Kinnelon, NJ 07405

Estimated Value: $930,038

4 Beds
3.5 Baths
3,244 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 01, 2022

Last sale price $698,000 $215 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,438/month

80 Days on Market

Highlights

  • Lake Privileges
  • Multiple Fireplaces
  • Central Air
  • Stonybrook School Rated A-
  • En-Suite Primary Bedroom
  • 5-minute walk to Boonton Avenue Field

About This Home

As of October 2022

IT'S YOUR LUCKY DAY! WE ARE SO PLEASED TO PRESENT THIS MAGNIFICENT HOME IN FAYSON LAKES! THIS STUNNING 3 STORY COLONIAL IS LIKE NOTHING YOU'VE SEEN IN THE PAST, SO CONSIDER YOUR SEARCH OVER! Welcome home, make a drink, and get ready to sit back and enjoy lemonade on the mahogany deck or the gorgeous backyard view of the lake! This gorgeous home boasts 4 bedrooms and 3.5 baths (including master bed/bath) formal DR, formal LR with gas fireplace, rec/bonus room with wood burning fireplace, office/den, eat-in kitchen, and a walkout to the GORGEOUS porch, ready for summer parties (view of the lake included!) AND a full finished basement, ready for entertaining at the bar and game night, with a separate entrance and full bath! But we're not done yet...because the 3rd level is a HUGE bonus room with tons of closet space and an adorable balcony! This entire home has been meticulously cared for and pride of ownership shines throughout. Kinnelon offers top rated school system!

Last Agent to Sell the Property

Jane DeVincentis

Terrie O'Connor Realtors-Kinnelon Listed on: 06/06/2022

Terrie O'Connor Realtors-Kinnelon

Co-Listed By

Karen Hoffman

Terrie O'Connor Realtors-Kinnelon

Terrie O'Connor Realtors-Kinnelon

Last Buyer's Agent

Karen Hoffman

Terrie O'Connor Realtors-Kinnelon

Terrie O'Connor Realtors-Kinnelon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,130

Lot Details

  • 0.27 Acre Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Lake Privileges

Schools

  • Kiel Elementary School
  • Prm Middle School
  • Kinnelon High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00112 / 45802

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,130

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 838-0100
  • MLS Status: Sold - Sold
  • Directions: Boonton Avenue or Kinnelon Road to Fayson Lakes Road, #16
  • Reso Fireplace Features: 2 Fireplaces, Gas, Self-start
  • Year Built Details: 2000's,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full finished with full bath

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Privileges
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Gas grill
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Schools

  • Elementary School: Kiel
  • High School: Kinnelon
  • Middle Or Junior School: PRM
  • Elementary: Kiel

Lot Info

  • Lot Size Sq Ft: 11761.0

Tax Info

  • Tax Annual Amount: 15130.0
  • Tax Block: 45802
  • Tax Lot: 00112

MLS Schools

  • High School Text: Kinnelon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Sep 30, 2022
Sold by
Eckstein Camelia
Bought by
Kalousie Teresa and Zapata Juan Fernando
Seller's Agent
Jane DeVincentis
Terrie O'Connor Realtors-Kinnelon
Buyer's Agent
Karen Hoffman
Terrie O'Connor Realtors-Kinnelon
List Price
$798,888
Sold Price
$698,000
Premium/Discount to List
-$100,888
-12.63%
Current Estimated Value
$930,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,038
Avg. Annual Appreciation
8.55%
Original Mortgage
$663,100
Outstanding Balance
$640,463
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$246,573

Purchase Details

Listed on
Jun 25, 2013
Closed on
Jun 25, 2013
Sold by
Zor Osman and Zor Sehnaz
Bought by
Eckstein Camelia
Seller's Agent
GERI WILSON
MISSION REALTY, LLC
Buyer's Agent
Karen Hoffman
TERRIE O'CONNOR REALTORS
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$417,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2004
Sold by
Eufemio Rita
Bought by
Al'S Contractors Inc

Purchase Details

Closed on
Sep 30, 1999
Sold by
Briggs Mildred M and Briggs William R
Bought by
Zor Osman and Zor Sehnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

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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
Kalousie Teresa $698,000 --
Eckstein Camelia $570,000 None Available
Al'S Contractors Inc $500,000 --
Zor Osman $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalousie Teresa $663,100
Previous Owner Eckstein Camelia $417,000
Previous Owner Zor Osman $125,000
Previous Owner Zor Osman $250,000
Previous Owner Zor Osman $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2022 10/01/22 Sold $698,000 0.0% $215 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $698,000 -4.1% $215 / Sq Ft
06/21/2022 06/21/22 Price Changed $728,000 -8.9% $224 / Sq Ft
06/06/2022 06/06/22 For Sale $798,888 +40.2% $246 / Sq Ft
06/25/2013 06/25/13 Sold $570,000 -- $176 / 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
2025 $16,559 $571,600 $180,500 $391,100
2024 $16,216 $571,600 $180,500 $391,100
2023 $16,216 $571,600 $180,500 $391,100
2022 $15,416 $571,600 $180,500 $391,100
2021 $15,416 $571,600 $180,500 $391,100
2020 $15,130 $571,600 $180,500 $391,100
2019 $14,782 $571,600 $180,500 $391,100
2018 $14,479 $571,600 $180,500 $391,100
2017 $14,233 $571,600 $180,500 $391,100
2016 $12,513 $384,900 $108,500 $276,400
2015 $12,017 $384,900 $108,500 $276,400
2014 $11,813 $384,900 $108,500 $276,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22020541

New Jersey MLS

APN: 15-45802-0000-00112