NOT LISTED FOR SALE

18 Lake Ave Unit 3A East Brunswick, NJ 08816

Estimated Value: $193,096 - $258,000

1 Bed
1 Bath
953 Sq Ft
510 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $150,000 $157 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,610/month

126 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • Formal Dining Room
  • Lawrence Brook Elementary School Rated A-
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of July 2021

Beautiful 1st floor Condo: Features Large Eat-in Kitchen, Spacious Living Room, Dining Room/Den/Study and Large Bedroom. Close to NYC Bus Line, Shops & Easy access to Route 18 & NJ Turnpike; Maintenance fee includes heat & water; Association has swimming pool; East Brunswick Blue Ribbon Schools.

Last Agent to Sell the Property

Jane Mueller

RE/MAX FIRST REALTY, INC. Listed on: 02/16/2021

RE/MAX FIRST REALTY, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1970

Lot Details

  • 510

Home Design

  • Flat Roof Shape

Interior Spaces

  • 953 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Baseboard Heating
  • Underground Utilities

Community Details

Overview

  • Association fees include heat, snow removal, ground maintenance, water
  • Lake Estates Condo Bldg Subdivision
  • The community has rules related to vehicle restrictions

Building Details

  • Maintenance Expense $355

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,154

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0117
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Lake Estates Condo Bldg
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Gas Range/Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: See Remarks
  • Interior Amenities: 1 Bedroom, Kitchen, Living Room, Bath Main, Dining Room
  • Living Area: 953
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Pool Features: Outdoor Pool
  • Roof: Flat

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Heat, Snow Removal, Maintenance Grounds, Water

Lot Info

  • Lot Size Sq Ft: 510
  • Zoning: O1

Multi Family

  • Maintenance Expense: 355

Tax Info

  • Tax Annual Amount: 4154
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Jul 21, 2021
Sold by
Law Ip Beau Philip and Law Sophia Liwen
Bought by
Tao Damien
Seller's Agent
Jane Mueller
RE/MAX FIRST REALTY, INC.
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$234,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,274
Avg. Annual Appreciation
11.46%
Original Mortgage
$105,000
Outstanding Balance
$95,520
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$140,797

Purchase Details

Closed on
Feb 28, 2011
Sold by
Lake Estates Condominium Association Inc
Bought by
Law Ip Beau Philip and Law Sophia Liwen

Purchase Details

Closed on
May 18, 2004
Sold by
Valentin Fidel
Bought by
Lopez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.2%

Purchase Details

Closed on
Aug 6, 2003
Sold by
Brunswick Tenants Corp
Bought by
Valentin Fidel and Valentin Iris Arce
Source: Public Records

Range of Values:

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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
Tao Damien $150,000 Foundation Title Llc
Law Ip Beau Philip $115,000 Chicago Title Insurance Co
Lopez Luis $87,000 --
Valentin Fidel $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Damien $105,000
Previous Owner Lopez Luis $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $150,000 0.0% $157 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $150,000 -- $157 / Sq Ft
Source: All 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 $4,418 $36,800 $15,000 $21,800
2024 $4,297 $36,800 $15,000 $21,800
2023 $4,297 $36,800 $15,000 $21,800
2022 $4,282 $36,800 $15,000 $21,800
2021 $4,160 $36,800 $15,000 $21,800
2020 $4,154 $36,800 $15,000 $21,800
2019 $4,111 $36,800 $15,000 $21,800
2018 $4,037 $36,800 $15,000 $21,800
2017 $3,971 $36,800 $15,000 $21,800
2016 $3,889 $36,800 $15,000 $21,800
2015 $3,791 $36,800 $15,000 $21,800
2014 $3,710 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2112289

All Jersey MLS

APN: 04-00026-03-00001-0000-C1804