NOT LISTED FOR SALE

18 Drake Ln Unit 18 Ledgewood, NJ 07852

Estimated Value: $380,000 - $410,000

2 Beds
2 Baths
1,213 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $351,618 $290 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,584/month

8 Days on Market

About This Home

As of June 2023

This home is located at 18 Drake Ln Unit 18, Ledgewood, NJ 07852 since 26 April 2023 and is currently estimated at $398,356, approximately $328 per square foot. 18 Drake Ln Unit 18 is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Agent to Sell the Property

Lisa Shaw

RE/MAX HOUSE VALUES Brokerage Phone: 973-442-2224 Listed on: 04/26/2023

RE/MAX HOUSE VALUES

Last Buyer's Agent

JANE CONWAY

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,817

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,817

Lot Details

0

Listing Details

  • County Name: Morris
  • I D: 5217090
  • Attribution Contact: 973-442-2224
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.19 AC
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 30, 2023
Sold by
Dolan Joseph
Bought by
Oreilly Kimberly
Seller's Agent
Lisa Shaw
RE/MAX HOUSE VALUES
Buyer's Agent
JANE CONWAY
KELLER WILLIAMS METROPOLITAN
List Price
$320,000
Sold Price
$351,618
Premium/Discount to List
$31,618
9.88%
Views
80
Current Estimated Value
$398,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,738
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 23, 2018
Sold by
Landfield Stephen and Landfield Phyllis
Bought by
Dolan Joseph and Dolan Doris
Seller's Agent
Cindy Graham
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
Lisa Shaw
RE/MAX HOUSE VALUES
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$200,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1995
Sold by
Rubin Mildred
Bought by
Landfield Phyllis M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Oreilly Kimberly $351,618 American Land Title
Dolan Joseph $225,000 Chicago Title Insurance Co
Landfield Phyllis M $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolan Joseph $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $351,618 +9.9% $290 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $320,000 +42.2% $264 / Sq Ft
04/30/2018 04/30/18 Sold $225,000 +2.3% $185 / Sq Ft View Prior Sale
03/15/2018 03/15/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $220,000 -- $181 / 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
2025 $5,817 $211,600 $90,000 $121,600
2024 $5,726 $211,600 $90,000 $121,600
2023 $5,726 $211,600 $90,000 $121,600
2022 $5,324 $211,600 $90,000 $121,600
2021 $5,313 $211,600 $90,000 $121,600
2020 $5,563 $211,600 $90,000 $121,600
2019 $5,459 $211,600 $90,000 $121,600
2018 $5,448 $126,400 $64,500 $61,900
2017 $5,419 $126,400 $64,500 $61,900
2016 $5,313 $126,400 $64,500 $61,900
2015 $5,181 $126,400 $64,500 $61,900
2014 $5,099 $126,400 $64,500 $61,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Shaw

    Seller's Agent in 2023

    Lisa Shaw

    RE/MAX

    (973) 895-7749

    4 in this area

    44 Total Sales

    Lisa Shaw
    Section Image

  • J

    Buyer's Agent in 2023

    JANE CONWAY

    KELLER WILLIAMS METROPOLITAN

  • Cindy Graham

    Seller's Agent in 2018

    Cindy Graham

    RE/MAX

    (201) 841-4747

    11 in this area

    35 Total Sales

    Cindy Graham
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3840330

Garden State MLS

APN: 36-06501-0000-00002-072

New Jersey Morris County Ledgewood 07852

18 Drake Ln Unit 18, Ledgewood, NJ

Not Listed for Sale

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