NOT LISTED FOR SALE

16 Lorettacong Dr Lake Hopatcong, NJ 07849

Estimated Value: $765,638 - $855,000

4 Beds
3 Baths
2,305 Sq Ft
$345/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $556,702 $242 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,292/month

32 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Lake Privileges
  • Jefferson Township High School Rated 9+
  • Lake View
  • Cape Cod Architecture

About This Home

As of December 2021

Very rare opportunity to own a one of a kind Lake Front 2 family home! Absolutely beautiful views on this renovated property. 1st floor offers 3 beds & 2 baths. Upstairs offers an updated 2 bath 1 bed unit. There is ample parking and newer utilities and appliances. The beautiful flat grassy back yard is the perfect place to host summer parties or just relax and enjoy the sunset while looking at your boat, kayaks and water toys! New kitchen, flooring, fence, deck, roof and well pump. Don't miss this chance to live lake life while collecting passive income.

Last Agent to Sell the Property

ANDREW ALLEN

COMPASS NEW JERSEY LLC Listed on: 10/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,150

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Private Waterfront
  • Lake Front
  • Fenced
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,305 Sq Ft Home
  • Blinds
  • Vinyl Flooring
  • Lake Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Lake Privileges
  • Storage Shed

Schools

  • Jefferson Middle School
  • Jefferson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Standard Electricity
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Powered Boats Allowed

Listing and Financial Details

  • Assessor Parcel Number 2314-00325-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,150

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Multi-Family
  • Directions: Rt 15 to Rt 181 N, right onto Lorettacong Dr
  • I D: 5106937
  • Section Subdiv Development: Brights Cove
  • First Name: ANDREW
  • First Name3: UNKNOWN
  • Last Name: ALLEN
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Attribution Contact: 973-627-6800
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Tile, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Blinds, Smoke Detector, TubShowr
  • Bedrooms: 4
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Crawl Space, Unfinished
  • Dining Room Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: Second
  • Estimated Sq Ft: 2305
  • Phone: 973-627-6800

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Dock, Metal Fence, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Electric, OilAbOut
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Lake Privileges

Schools

  • High School: Jefferson
  • Middle Jr High School: Jefferson

Lot Info

  • Lot Size: 0.178 AC
  • Easement: Unknown
  • Lot Description: Lake Front, Lake/Water View, Level Lot, Waterfront
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10150
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2314-00325-0000-00012-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.747
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 14, 2021
Sold by
Holmes Shirell E
Bought by
Drapeau Andrew A
Seller's Agent
ANDREW ALLEN
COMPASS NEW JERSEY LLC
List Price
$585,000
Sold Price
$556,702
Premium/Discount to List
-$28,298
-4.84%
Current Estimated Value
$794,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,958
Avg. Annual Appreciation
9.45%
Original Mortgage
$546,618
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jul 11, 2018
Sold by
Ortiz Kevin
Bought by
Holmes Shirell E
Seller's Agent
Ronald Aiosa
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
David Chase
EXP REALTY, LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$373,117
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2013
Closed on
Oct 28, 2013
Sold by
Joe Grace M and Joe Roger K
Bought by
Ortiz Kevin
Seller's Agent
Frank Chiaverini
COLDWELL BANKER REALTY
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$255,375
Interest Rate
4.17%
Mortgage Type
VA
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
Drapeau Andrew A $556,702 Liloj Peter B
Holmes Shirell E $380,000 None Available
Ortiz Kevin $250,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drapeau Andrew A $546,618
Previous Owner Holmes Shirell E $373,117
Previous Owner Ortiz Kevin $255,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $556,702 -4.8% $242 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $585,000 +53.9% $254 / Sq Ft
08/10/2018 08/10/18 Sold $380,000 +1.3% $385 / Sq Ft View Prior Sale
05/15/2018 05/15/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $375,000 +50.0% $380 / Sq Ft
10/31/2013 10/31/13 Sold $250,000 -- $253 / Sq Ft View Prior Sale
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 $13,293 $442,800 $186,900 $255,900
2024 $12,956 $442,800 $186,900 $255,900
2023 $12,956 $442,800 $186,900 $255,900
2022 $10,324 $442,800 $186,900 $255,900
2021 $10,324 $369,500 $186,900 $182,600
2020 $10,150 $369,500 $186,900 $182,600
2019 $9,847 $358,200 $185,900 $172,300
2018 $9,658 $346,400 $180,800 $165,600
2017 $9,578 $337,500 $179,800 $157,700
2016 $7,865 $292,500 $168,000 $124,500
2015 $7,563 $274,700 $157,100 $117,600
2014 $7,480 $274,700 $157,100 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3743964

Garden State MLS

APN: 14-00325-0000-00012