$470,000
SOLD OCT 9, 2020

16 Waters Edge Kinnelon, NJ 07405

3 Beds
2 Baths
2,065 Sq Ft
0.56 Acres

Recently Sold

$228 Per Sq Ft

10% Below List Price

109 Days on Market

Highlights

  • Lake View
  • Lake Privileges
  • Deck
  • Stonybrook School Rated A-
  • Clubhouse
  • Recreation Room

About This Home

As of July 2024

Lake living at its finest! Stunning 3 BR 2 BA custom Ranch full of character on over 1/2 acre private lot in Fayson Lakes. With over 2000 SF of renovated living space this unique gem w/amazing lake views feat open flr plan w/exposed stonework, vaulted ceilings & skylights. Features include granite kitchen w/ss appl, spacious LR w/WB FP, beautiful private MBR suite w/luxurious BTH, Lg walk in shower & soaking tub, and access to patio from glass sliders. Special feat. include updated main bth, flr to ceiling stained glass, sprawling entertainment spaces, loft storage, main flr laundry, C/AC, fin. LL bonus room, att'd 3 season room & circ. driveway. Fayson Lakes is a private lake community offering social events, swimming, boating, fishing, tennis, swim lessons & so much more! Be prepared to be impressed!

Last Agent to Sell the Property

WALTER WEISS

KELLER WILLIAMS PROSPERITY REALTY Listed on: 04/09/2020

Last Buyer's Agent

ELLEN MANZIE

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,670

Year Built

  • Built in 1947

Lot Details

  • 0.56 Acre Lot
  • Irregular Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Circular Driveway

Home Design

  • Ranch Style House
  • Wood Siding
  • Tile

Interior Spaces

  • 2,065 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Lake Views
  • Partial Basement
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Outdoor Features

  • Lake Privileges
  • Deck
  • Enclosed patio or porch

Schools

  • Kinnelon Elementary School
  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2315-45906-0000-00103-0000-
  • Tax Block *

Community Details

Overview

  • $20 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,670

Year Built

Built in 1947

Lot Details

0

HOA Fees

$49 per month

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2020
  • Street Number Display: 16
  • Directions: Fayson Lakes Rd. to Dogwood Trail - Enter 26 Dogwood
  • I D: 4974946
  • Modified: 2021-10-10
  • Number Images: 25
  • Section Subdiv Development: Fayson Lakes
  • First Name: WALTER
  • First Name3: ELLEN
  • Last Name: WEISS
  • Last Name3: MANZIE
  • Office Phone: 269244
  • Office Phone3: 280676
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Skylight, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Partial
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Level: Second
  • Other Room 2: Sunroom
  • Other Room2 Level: First
  • Other Room 3: Screened Patio/Porch
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Level: Ground
  • Other Level Rooms: Loft
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Den, Dining Room, Foyer, Great Room, Kitchen, Storage Room
  • Estimated Sq Ft: 2065
  • Ground Level Rooms: Rec Room, Walkout
  • Phone: 973-696-0077

Exterior Features

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

Garage/Parking

  • Garage Description: Carport-Detached
  • Number Garage Spaces: 1
  • Parking Driveway Description: Blacktop, Circular

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Lake Privileges, Playground, Tennis Courts
  • Association Maintenance Fee: 585
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 245

Schools

  • Elementary School: Kinnelon
  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 0.56 AC
  • Assessed Improvement Value: 201400
  • Assessed Land Value: 249900
  • Assessment: 451300
  • Easement: Unknown
  • Lot Description: Irregular Lot, Lake/Water View
  • Lot Identifier: 103
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.56

Rental Info

  • Application Fee: 750
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11670
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-45906-0000-00103-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.586
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Kinnelon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 28, 2024
Sold by
Summers Emily and Summers Mark
Bought by
Irving Ellen and Irving Timothy
Seller's Agent
Nicolette Lisella
COLDWELL BANKER REALTY SRV
Buyer's Agent
Heather Kandawire
KELLER WILLIAMS - NJ METRO GROUP
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
164
Current Estimated Value
$697,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,907
Avg. Annual Appreciation
7.01%
Original Mortgage
$520,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2020
Closed on
Sep 24, 2020
Sold by
Ferrara Carl D and Meis Rebecca
Bought by
Summers Mark and Summers Lisa
Seller's Agent
WALTER WEISS
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
ELLEN MANZIE
KELLER WILLIAMS PROSPERITY REALTY
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$446,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2009
Sold by
Pelliconi Jed D and Pelliconi Deborah A
Bought by
Ferrara Carl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,227
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1999
Sold by
Haber Norman and Haber Marika
Bought by
Pelliconi Jed D and Smith Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.04%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $650,000 None Listed On Document
Deed $470,000 Stewart Title
Bargain Sale Deed $470,000 None Available
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $520,000 New Conventional
Previous Owner $446,500 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $420,227 FHA
Previous Owner $25,000 Unknown
Previous Owner $216,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $650,000 +4.0% $315 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $625,000 +33.0% $303 / Sq Ft
10/09/2020 10/09/20 Sold $470,000 -3.1% $228 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $485,000 -2.8% $235 / Sq Ft
05/22/2020 05/22/20 Price Changed $499,000 -5.0% $242 / Sq Ft
04/09/2020 04/09/20 For Sale $525,000 -- $254 / 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
2024 $13,050 $460,000 $249,900 $210,100
2023 $13,050 $460,000 $249,900 $210,100
2022 $12,406 $460,000 $249,900 $210,100
2021 $12,406 $460,000 $249,900 $210,100
2020 $11,946 $451,300 $249,900 $201,400
2019 $11,671 $451,300 $249,900 $201,400
2018 $11,431 $451,300 $249,900 $201,400
2017 $11,237 $451,300 $249,900 $201,400
2016 $9,230 $283,900 $165,900 $118,000
2015 $8,863 $283,900 $165,900 $118,000
2014 $8,713 $283,900 $165,900 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3627324

Garden State MLS

APN: 15-45906-0000-00103