NOT LISTED FOR SALE

2 Ledgewood Trail Kinnelon, NJ 07405

Estimated Value: $672,589 - $739,000

3 Beds
2 Baths
1,232 Sq Ft
$565/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $427,500 $347 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,750/month

11 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Tennis Courts
  • Stonybrook School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of May 2016

Move right in to this Wonderful Split Level Custom Home in the Fayson Lakes Community. Many Updates Throughout. 3 Bedrooms, 2 Full Updated Baths, Eat-in Kitchen with Corian Countertops, New Gas Range Open to the Living Room with a Stone Fireplace. Large Family Room with Walls of Glass to Bring in the Sunlight. Possible In- Law Suite with a bedroom , Family Room, a full Updated Bathroom and a separate entrance. This Beautiful Home Backs Up to the Woods for Privacy and Offers a Level Backyard, a Patio, a Shed, Central Air, Gas Heat, Public Water and Hardwood Floors. Enjoy Swimming, Boating, Sailing, Tennis, Swim Team, Fishing and so Much More. Kinnelon offers a top Rated School System and is only approx. 25 miles from New York City.

Last Agent to Sell the Property

CINDY GALLAGHER

COLDWELL BANKER REALTY Listed on: 03/28/2016

Last Buyer's Agent

Betty Hedden

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Level Lot

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 6 Parking Spaces

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • Workshop
  • Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Patio

Schools

  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2315-45601-0000-00120-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area
  • $20 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,617

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Renovated
  • County Name: Morris
  • Easements Description: driveway
  • Renovated Year: 2012
  • Street Number Display: 2
  • Directions: Boonton Ave to Colonial To Cabot to Midland to Ledgewood to #2
  • I D: 4613064
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Fayson Lakes
  • First Name: CINDY
  • First Name3: BETTY ANN
  • Last Name: GALLAGHER
  • Last Name3: HEDDEN
  • Office Phone: 973-283-7725
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Ceramic Tile, Laminate, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Partial
  • Basement Level Rooms: Laundry Room, Utility Room, Workshop
  • Family Room Level: Ground
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Workshop
  • Other Room1 Level: Basement
  • Other Room 2: Utility Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Family Room, Walkout
  • Phone: 973-838-9300

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Thermal Windows/Doors, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Jogging/Biking Path, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 535
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 245

Schools

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

Lot Info

  • Lot Size: 0.38 AC
  • Assessed Improvement Value: 107000
  • Assessed Land Value: 137000
  • Assessment: 244000
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot Identifier: 120
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.38
  • Zoning: Residential

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: 7617
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-45601-0000-00120-0000-
  • Tax Rate Amount: 3.122
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2021
Sold by
Adams Edward J and Adams Lauren A
Bought by
Adams Edward J and Adams Lauren A
Current Estimated Value
$695,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Outstanding Balance
$280,869
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$414,778

Purchase Details

Listed on
Mar 28, 2016
Closed on
May 20, 2016
Sold by
Robert W Boldings
Bought by
Adams Edward and Adams Lauren Kimble
Seller's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
Buyer's Agent
Betty Hedden
COLDWELL BANKER REALTY
List Price
$399,000
Sold Price
$427,500
Premium/Discount to List
$28,500
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$342,000
Interest Rate
3.58%

Purchase Details

Closed on
Oct 6, 2009
Sold by
Armstrong Jeffrey and Armstrong Elizabeth
Bought by
Bolding Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
5.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 29, 2003
Sold by
Schoen Susan
Bought by
Armstrong Jeff and Armstrong Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
5.28%
Source: Public Records

Range of Values:

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Average Value
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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
Adams Edward J -- Avenue 365 Lender Svcs Llc
Adams Edward -- --
Bolding Robert W $415,000 Fidelity Natl Title Ins Co
Armstrong Jeff $372,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Edward J $311,400
Closed Adams Edward $342,000
Closed Adams Edward --
Previous Owner Bolding Robert W $394,250
Previous Owner Armstrong Jeff $297,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $427,500 +7.1% $347 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $399,000 -- $324 / 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 $12,208 $421,400 $217,000 $204,400
2024 $11,955 $421,400 $217,000 $204,400
2023 $11,955 $421,400 $217,000 $204,400
2022 $11,365 $421,400 $217,000 $204,400
2021 $11,365 $421,400 $217,000 $204,400
2020 $11,154 $421,400 $217,000 $204,400
2019 $10,897 $421,400 $217,000 $204,400
2018 $10,674 $421,400 $217,000 $204,400
2017 $10,493 $421,400 $217,000 $204,400
2016 $7,932 $244,000 $137,000 $107,000
2015 $7,618 $244,000 $137,000 $107,000
2014 $7,488 $244,000 $137,000 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3294742

Garden State MLS

APN: 15-45601-0000-00120