NOT LISTED FOR SALE

2 Pico Ct Unit 5 Vernon, NJ 07462

Estimated Value: $167,000 - $184,000

1 Bed
1 Bath
648 Sq Ft
$300/mo HOA Fee

Last Sold December 27, 2022

Last sale price $144,000 $222 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,518/month

13 Days on Market

Highlights

  • Private Pool
  • Patio
  • Forced Air Heating and Cooling System
  • Cul-De-Sac
  • 1-Story Property
  • Wood Siding

About This Home

As of December 2022

Located on one of the quietest streets in Great Gorge. Only one building with 8 units. This one floor, ground level, one bedroom unit has minimum stairs to front door. Brand new everything inside! New furnace, A/C unit, water heater, washer/dryer, stove & dishwasher. Granite countertop with undermount stainless steel sink. New flooring & brand-new tiled bathroom. Private patio with beautiful views. There is nothing to do here but unpack & start living the resort life! Minerals resort & spa located on property and within walking distance from the condo. Crystal Springs resort & Warwick village NY located minutes away. Perfectly priced for someone to jump on the property ladder, a vacation home, someone downsizing or a perfect investment property with a proven high R.O.I.

Last Agent to Sell the Property

Damian Ryan

REALTY EXECUTIVES MOUNTAIN PROP. Brokerage Phone: 862-354-1861 Listed on: 09/24/2022

REALTY EXECUTIVES MOUNTAIN PROP.

Last Buyer's Agent

Damian Ryan

REALTY EXECUTIVES MOUNTAIN PROP. Brokerage Phone: 862-354-1861 Listed on: 09/24/2022

REALTY EXECUTIVES MOUNTAIN PROP.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,228

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Wood Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Wall to Wall Carpet

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Parking Lot

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Cedar Mtn Elementary School
  • Lounsberry Middle School
  • Vernon High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2822-00529-0000-00175-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,228

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 2
  • Directions: Route 94 to Great Gorge Village. Straight through Gate 1 to Pico on right.
  • I D: 5180906
  • Modified: 2023-12-28
  • Number Images: 13
  • Section Subdiv Development: Great Gorge
  • First Name: JOHN D.
  • First Name3: JOHN D.
  • Last Name: RYAN
  • Last Name3: RYAN
  • Office Phone: 973-827-6767
  • Office Phone3: 973-827-6767
  • Attribution Contact: 862-354-1861
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator, Stackable Washer/Dryer
  • Number Rooms: 4
  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Galley Type
  • Phone: 973-827-6767

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Common, Parking Lot-Exclusive

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: CEDAR MTN
  • Middle School: Lounsberry
  • High School: VERNON
  • High School: VERNON
  • Middle Jr High School: Lounsberry

Lot Info

  • Lot Size: CONDO LOT
  • Assessed Improvement Value: 39800
  • Assessed Land Value: 50000
  • Assessment: 89800
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 175
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01
  • Zoning: residential

Rental Info

  • Application Fee: 1800
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 2228
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00529-0000-00175-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.143
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: CEDAR MTN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Dec 27, 2022
Sold by
Olsen Kevin K and Olsen Barbara L
Bought by
Basin Gari and Basin Svetlana
Seller's Agent
Damian Ryan
REALTY EXECUTIVES MOUNTAIN PROP.
Buyer's Agent
Damian Ryan
REALTY EXECUTIVES MOUNTAIN PROP.
List Price
$139,900
Sold Price
$144,000
Premium/Discount to List
$4,100
2.93%
Views
43
Current Estimated Value
$177,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,240
Avg. Annual Appreciation
7.90%
Original Mortgage
$108,000
Outstanding Balance
$104,110
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$73,130

Purchase Details

Closed on
Jul 1, 1988
Bought by
Olsen Kevin K and Olsen Barbara L
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
Basin Gari $144,000 Guardian Title Services
Olsen Kevin K $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basin Gari $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $144,000 +2.9% $222 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $139,900 -- $216 / 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 $3,388 $156,700 $97,000 $59,700
2024 $3,083 $138,800 $85,000 $53,800
2023 $3,083 $118,900 $80,000 $38,900
2022 $2,531 $89,800 $50,000 $39,800
2021 $2,228 $70,900 $35,000 $35,900
2020 $2,219 $70,900 $35,000 $35,900
2019 $2,029 $72,000 $45,000 $27,000
2018 $1,939 $72,000 $45,000 $27,000
2017 $1,887 $72,000 $45,000 $27,000
2016 $1,884 $72,000 $45,000 $27,000
2015 $2,217 $85,000 $45,000 $40,000
2014 $2,237 $85,000 $45,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3809238

Garden State MLS

APN: 22-00199-02-00014-0000-C0005