NOT LISTED FOR SALE

194 Drake Ln Unit 194 Ledgewood, NJ 07852

Estimated Value: $396,000 - $403,000

2 Beds
2 Baths
1,213 Sq Ft
$288/mo HOA Fee

Last Sold October 02, 2018

Last sale price $210,000 $173 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,873/month

230 Days on Market

Highlights

  • Deck
  • Pond
  • Eat-In Kitchen
  • Roxbury High School Rated A-
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2018

WHAT A DEAL! CHECK OUT THIS 2 BEDROOM, 2 BATHROOM CONDO IN GOOD CONDITION, READY TO MOVE IN WITH A PRIVATE BALCONY, 1 CAR GARAGE AND MANY MORE AMENITIES!!

Last Agent to Sell the Property

Damon Redmond

COLDWELL BANKER REALTY Listed on: 12/15/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Salvatore Petrosino

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,144

Year Renovated

  • 2016

Lot Details

  • Property fronts a private road

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Updated or Remodeled
  • Wood Siding

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond
  • Deck

Schools

  • Franklin Elementary School
  • Eisenhower Middle School
  • Roxbury High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Water Tap or Transfer Fee

Community Details

  • Carbon Monoxide Detectors

Listing and Financial Details

  • Assessor Parcel Number 2336-06501-0000-00002-0196-

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,144

Year Renovated

2016

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built Description: Renovated
  • County Name: Morris
  • Directions: ROUTE 80 TO EXIT 30 TO HOWARD TO DRAKE LANE, BUILDING IS NUMBER 19, UNIT NUMBER 194
  • I D: 4769143
  • Section Subdiv Development: DRAKESVILLE
  • First Name: DAMON
  • First Name3: SALVATORE L.
  • Last Name: REDMOND
  • Last Name3: PETROSINO
  • Office Phone: 201-559-5770
  • Office Phone3: 973-539-6300
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2016

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Estimated Sq Ft: 1213
  • Phone: 973-870-0057

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Curbs, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Gas-Natural
  • Water: Water Charge Extra, Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 288
  • Association Maintenance Fee Frequency: Monthly

Schools

  • High School: Roxbury
  • Middle Jr High School: Eisenhower

Lot Info

  • Lot Size: 0.19 AC
  • Easement: Unknown
  • Lot Description: Private Road, Level Lot, Pond On Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5144
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2336-06501-0000-00002-0196-
  • Tax Rate Amount: 4.203
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
Aug 30, 2018
Sold by
Tlr V Llc
Bought by
Ruiz Gonzalez Hector O
Seller's Agent
Damon Redmond
COLDWELL BANKER REALTY
Buyer's Agent
Salvatore Petrosino
RE/MAX SELECT
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Current Estimated Value
$398,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,671
Avg. Annual Appreciation
9.39%
Original Mortgage
$168,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1998
Sold by
Stroppel Elaine Rose and Stroppel Charles G
Bought by
Zabel Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruiz Gonzalez Hector O $210,000 Old Republic National Title
Zabel Benjamin $115,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Gonzalez Hector O $168,000
Previous Owner Zabel Benjamin $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $210,000 -4.5% $173 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $219,900 -- $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 $5,798 $210,900 $90,000 $120,900
2024 $5,707 $210,900 $90,000 $120,900
2023 $5,707 $210,900 $90,000 $120,900
2022 $5,555 $210,900 $90,000 $120,900
2021 $5,555 $210,900 $90,000 $120,900
2020 $5,545 $210,900 $90,000 $120,900
2019 $5,441 $210,900 $90,000 $120,900
2018 $5,275 $122,400 $64,500 $57,900
2017 $5,247 $122,400 $64,500 $57,900
2016 $5,144 $122,400 $64,500 $57,900
2015 $5,017 $122,400 $64,500 $57,900
2014 $4,938 $122,400 $64,500 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Damon Redmond

    Seller's Agent in 2018

    Damon Redmond

    COLDWELL BANKER REALTY

    (201) 294-1154

    12 Total Sales

    Damon Redmond
    Section Image
  • Salvatore Petrosino

    Buyer's Agent in 2018

    Salvatore Petrosino

    RE/MAX

    (973) 449-4932

    1 in this area

    21 Total Sales

    Salvatore Petrosino
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3438862

Garden State MLS

APN: 36-06501-0000-00002-196

New Jersey Morris County Ledgewood 07852

194 Drake Ln Unit 194, Ledgewood, NJ

Not Listed for Sale

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