NOT LISTED FOR SALE

2078 Drake Ct Mahwah, NJ 07430

Estimated Value: $442,000 - $486,000

2 Beds
2 Baths
1,260 Sq Ft
697 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $355,000 $282 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,970/month

Highlights

  • Community Pool
  • Tennis Courts
  • Forced Air Heating System
  • Mahwah High School Rated A
  • En-Suite Primary Bedroom
  • Washer and Dryer

About This Home

As of October 2023

This pretty two bedroom and two bath condo is on one level, first floor, and in desirable Franklin Heights! The updated kitchen has granite countertops and SS appliances. A large primary bedroom is complete with walk in closet and private bath. Laundry in the unit, ceiling fans, and a perfect location make this property ideal! Amenities include ample parking, pool, tennis courts, community room, and playground. Close to NYC transportation and major highways.

Last Agent to Rent the Property

Priscilla Reynolds

Christie's International Real Estate Group-Ridgewood Listed on: 10/14/2023

Christie's International Real Estate Group-Ridgewood

Last Renter's Agent

Fernando Taveras

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,759

Year Built

  • 1996

Lot Details

  • 697

Parking

  • 2 Open Parking Spaces

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Ramapo Ridge Middle School
  • Mahwah High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,759

Year Built

1996

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: Play Area, Pool Outdoor, Recycling, Tennis Court(s)
  • Reso Pets Allowed: No
  • Co List Office Phone: (201) 962-9552
  • MLS Status: Leased - Leased
  • Directions: Franklin Tpk/Stephens Ln/Arthur Ct/Queens Rd/Drake Ct
  • Reso Fireplace Features: None
  • Year Built Details: 1990's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Open Parking Spaces: 2.0
  • Parking Features: Parking Spaces

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Schools

  • High School: Mahwah H.S.
  • Middle Or Junior School: Ramapo Ridge M.S.

Lot Info

  • Lot: 02078

MLS Schools

  • High School Text: Mahwah H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 13, 2021
Sold by
Soriano Cynthia Ramano
Bought by
Irie Hanako
Seller's Agent
Bart Merola
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Priscilla Reynolds
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$469,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,644
Avg. Annual Appreciation
7.27%
Original Mortgage
$266,250
Outstanding Balance
$242,795
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,849

Purchase Details

Closed on
Jun 18, 2008
Sold by
Makofka Fred and Fontana Danielle C
Bought by
Soriano Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Shannon Charles
Bought by
Makofka Fred and Majofka Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
5.92%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Spears Jane
Bought by
Shannon Charles and Shannon Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.84%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Bak Nam H
Bought by
Spears Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Price Michael and Price Cori M
Bought by
Bak Nam Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
8.19%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Auerbach Faye E
Bought by
Price Michael and Price Cori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
6.87%

Purchase Details

Closed on
Sep 30, 1996
Sold by
K Hovnanian At Mahwah V Inc
Bought by
Auerbach Faye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.9%
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
Irie Hanako $355,000 Belmont Ttl & Stlmt Svcs Llc
Soriano Cynthia R $345,000 --
Makofka Fred $337,000 --
Shannon Charles $250,000 --
Spears Jane H $234,000 --
Bak Nam Ha $217,000 --
Price Michael $168,000 Fidelity National Title Ins
Auerbach Faye E $142,684 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irie Hanako $266,250
Previous Owner Soriano Cynthia R $276,000
Previous Owner Makofka Fred $269,600
Previous Owner Shannon Charles $165,000
Previous Owner Spears Jane H $134,000
Previous Owner Bak Nam Ha $173,600
Previous Owner Price Michael $159,600
Previous Owner Auerbach Faye E $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Rented $2,700 0.0% --
10/14/2023 10/14/23 For Rent $2,700 0.0% --
10/15/2021 10/15/21 Sold $355,000 +1.4% $282 / Sq Ft View Prior Sale
09/09/2021 09/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $350,000 -- $278 / Sq Ft
Source: New 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 $5,759 $279,000 $205,000 $74,000
2024 $5,683 $279,000 $205,000 $74,000
2023 $5,502 $279,000 $205,000 $74,000
2022 $5,502 $279,000 $205,000 $74,000
2021 $5,443 $279,000 $205,000 $74,000
2020 $5,312 $279,000 $205,000 $74,000
2019 $5,136 $279,000 $205,000 $74,000
2018 $5,064 $279,000 $205,000 $74,000
2017 $4,983 $279,000 $205,000 $74,000
2016 $4,874 $279,000 $205,000 $74,000
2015 $4,807 $279,000 $205,000 $74,000
2014 $4,726 $279,000 $205,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23031817

New Jersey MLS

APN: 33-00070-0000-02078