NOT LISTED FOR SALE

163 Chippewa Trail Medford, NJ 08055

Estimated Value: $596,000 - $804,000

3 Beds
2 Baths
1,752 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $435,000 $248 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,693/month

Highlights

  • Beach
  • Canoe or Kayak Water Access
  • Lake View
  • Shawnee High School Rated A-
  • Fishing Allowed
  • Lake Privileges

About This Home

As of July 2021

CHARMING AND STORY BOOK LIKE is how to describe this Medford Lakes log home. This 3bedroom 2 bath home awaits you. Located on Mirror Lake, this quiet and tranquil location offers spectacular water and foliage views throughout all seasons. The rear patio and deck extension provides ample space for you to entertain friends or relax at the end of the day. Enjoy those same views by the warm cozy stone gas fireplace when weather turns chilly, The back porch has been completely opened up to family room creating a large interior open space. Interior upgrades to the kitchen include 42" cabinets, granite and tile backsplash, The addition of a full upstairs bath is a welcome amenity. Many windows have been replaced along with major portion of roof. Furnace replaced in 2013 along with bulkhead reinforcement in 2014. This historic home has been well maintained and the perfect fit young families or retires. Neighborhood amenities and schools are within walking distance to this great location. Come take a look and see how good life can be in Medford Lakes! You won't be disappointed. Possession subject to seller finding suitable housing.

Last Agent to Sell the Property

Larry Wuethrich

Century 21 Alliance-Medford License #7481819 Listed on: 05/11/2021

Century 21 Alliance-Medford

Last Buyer's Agent

Carol Latti

BHHS Fox & Roach-Medford License #9697663

BHHS Fox & Roach-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,680

Year Built

  • Built in 1941

Lot Details

  • 6,926 Sq Ft Lot
  • Southwest Facing Home
  • Extensive Hardscape
  • Interior Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in excellent condition
  • Property is zoned LR

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Log Cabin
  • Entry on the 1st floor
  • Log Walls
  • Frame Construction
  • Architectural Shingle Roof
  • Log Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Canoe or Kayak Water Access
  • Property is near a lake
  • Bulkhead
  • Lake Privileges
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Above Ground Utilities
  • 150 Amp Service
  • 60 Gallon+ Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 21-10026-00017

Community Details

Overview

  • Medford Lakes Subdivision
  • Community Lake

Recreation

  • Beach
  • Community Playground
  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,680

Year Built

Built in 1941

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Log Home, Loft With Bedrooms
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer, Window Treatments
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1941
  • Automatically Close On Close Date: No
  • Remarks Public: CHARMING AND STORY BOOK LIKE is how to describe this Medford Lakes log home. This 3bedroom 2 bath home awaits you. Located on Mirror Lake, this quiet and tranquil location offers spectacular water and foliage views throughout all seasons. The rear patio and deck extension provides ample space for you to entertain friends or relax at the end of the day. Enjoy those same views by the warm cozy stone gas fireplace when weather turns chilly, The back porch has been completely opened up to family room creating a large interior open space. Interior upgrades to the kitchen include 42" cabinets, granite and tile backsplash, The addition of a full upstairs bath is a welcome amenity. Many windows have been replaced along with major portion of roof. Furnace replaced in 2013 along with bulkhead reinforcement in 2014. This historic home has been well maintained and the perfect fit young families or retires. Neighborhood amenities and schools are within walking distance to this great location. Come take a look and see how good life can be in Medford Lakes! You won't be disappointed. Possession subject to seller finding suitable housing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Disposal, Oven - Self Cleaning
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Partially Carpeted
  • Interior Amenities: Ceiling Fan(s), Exposed Beams, Formal/Separate Dining Room, Wood Floors, Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, Dry Wall, Log Walls
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 248.29
  • Above Grade Finished Sq Ft: 1752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 163

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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
  • Other Structures List: Shed
  • Construction Materials: Frame, Log
  • Exterior Features: Extensive Hardscape, Gutter System
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • Spa: No
  • View: Lake, Trees/Woods
  • Water Access Features: Fishing Allowed, Canoe/Kayak
  • Water Access: Yes
  • Water Body Name: Mirror Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Above Ground, Phone
  • Water Source: Private
  • Municipal Trash: Yes
  • Internet Services: Broadband

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Beach, Lake, Tot Lots/Playground, Water/Lake Privileges
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396967
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 142700.00
  • Land Assessed Value: 148000.00
  • Lot Features: Bulkheaded, Front Yard, Interior, Level, Rear Yard, Road Frontage, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6926.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: LR
  • Zoning Description: residential

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1680601
  • Tax Annual Amount: 9680.00
  • Assessor Parcel Number: 21-10026-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 1752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/16/2021

MLS Schools

  • School District Name: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 16, 2021
Sold by
Fischer Ann B
Bought by
Latti Carol C
Seller's Agent
Larry Wuethrich
Century 21 Alliance-Medford
Buyer's Agent
Carol Latti
BHHS Fox & Roach-Medford
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$678,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,114
Avg. Annual Appreciation
7.52%
Original Mortgage
$326,250
Outstanding Balance
$301,106
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$286,969

Purchase Details

Closed on
May 30, 2008
Sold by
Perry Christopher J and Perry Jessica L
Bought by
Fischer Ann B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Albee Paul J and Albee Eric N
Bought by
Perry Christopher J and Perry Jessica L

Purchase Details

Closed on
Aug 28, 1995
Sold by
Rudderow Michael E and Rudderow Jennifer C
Bought by
Albee Paul J and Albee Eric M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Latti Carol C $435,000 Foundation Title Llc
Fischer Ann B $323,000 None Available
Perry Christopher J $205,500 --
Albee Paul J $138,000 Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latti Carol C $326,250
Previous Owner Fischer Ann B $160,463
Previous Owner Fischer Ann B $178,000
Previous Owner Perry Christopher J $74,000
Previous Owner Perry Christopher J $35,000
Previous Owner Perry Christopher J $241,500
Previous Owner Perry Christopher J $209,767
Previous Owner Perry Christopher J $210,000
Previous Owner Perry Christopher J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $435,000 0.0% $248 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $435,000 -- $248 / 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 $11,904 $313,100 $148,000 $165,100
2024 $11,256 $313,100 $148,000 $165,100
2023 $11,256 $313,100 $148,000 $165,100
2022 $10,224 $290,700 $148,000 $142,700
2021 $9,954 $290,700 $148,000 $142,700
2020 $9,680 $290,700 $148,000 $142,700
2019 $9,663 $290,700 $148,000 $142,700
2018 $9,419 $290,700 $148,000 $142,700
2017 $8,994 $290,700 $148,000 $142,700
2016 $8,770 $290,700 $148,000 $142,700
2015 $8,715 $290,700 $148,000 $142,700
2014 $8,512 $290,700 $148,000 $142,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL397312

Bright MLS

APN: 21-10026-0000-00017