NOT LISTED FOR SALE

215 Terrace Lake Dr Butler, NJ 07405

Estimated Value: $470,000 - $507,000

2 Beds
3 Baths
1,691 Sq Ft
$309/mo HOA Fee

Last Sold July 06, 2016

Last sale price $327,500 $194 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,691/month

69 Days on Market

Highlights

  • Lake Front
  • Private Pool
  • Deck
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2016

This is a WOW setting with a VERY SPECIAL "Georgetown end unit. Possibly the nicest setting in the complex. Great views of Terrace Lake from Unit, Deck and Porch. Convenient layout with interior stairwell from garage to the First floor unit. Ground level has Garage + Family room w/ Full Bath and French doors to Patio overlooking the lake. (Great space for overnight house guests). Living room w/ gas fireplace. Loads of custom work done in closets to increase usable storage. Custom window treatments are all included. upgraded tile entry floor. This complex is approved for FHA funding and offers Snow removal on all walkways and around your car. Work out room in the Community Center and very nice outdoor Pool. Located only 3 Miles North of Exit 52B on Rt 287.

Last Agent to Sell the Property

Frank Abate

KELLER WILLIAMS PROSPERITY REALTY Listed on: 04/02/2016

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

WILLIAM KIVLON

REALTY EXECUTIVES EXCEPTIONAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,099

Year Built

  • Built in 2002

Lot Details

  • Lake Front

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Living Room with Fireplace
  • Breakfast Room
  • Family or Dining Combination
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Porch

Schools

  • Aaron Deck Elementary School
  • R.Butler Middle School
  • Butler High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2303-00101-0002-00001-0000-
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,099

Year Built

Built in 2002

Lot Details

0

HOA Fees

$309 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2002
  • County Name: Morris
  • Street Number Display: 215
  • Directions: Rt 23 North to Cambridge Dr ( gated Community) R on Terrace Lake
  • I D: 4613259
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Cambridge Heights
  • First Name: FRANK
  • First Name3: WILLIAM
  • Last Name: ABATE
  • Last Name3: KIVLON
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Blinds, Shades, Window Treatments, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 10x15
  • Kitchen Level: First
  • Living Room Dim: 13x10
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Breakfast Room, Kitchen, Laundry Room, Bath Main, LivDinRm
  • Ground Level Rooms: Bath(s) Other, Porch, Family Room, Storage Room, Outside Entrance, Utility Room, Walkout
  • Phone: 201-337-6600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors, Patio
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Parking Lot-Shared, Additional Parking, Assigned

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Exercise Room
  • Association Maintenance Fee: 309
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Aaron Deck
  • Middle School: R.Butler
  • High School: Butler
  • High School: Butler
  • Middle Jr High School: R.Butler

Lot Info

  • Lot Size: 0.1192 AC
  • Assessed Improvement Value: 110400
  • Assessed Land Value: 130000
  • Assessment: 240400
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12
  • Zoning: RES

Rental Info

  • Application Fee: 300
  • Pets Allowed: Restrictions

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8099
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2303-00101-0002-00001-0000-
  • Tax Rate Amount: 3.369
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Aaron Deck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jul 6, 2016
Sold by
Hartensveld Joanne E
Bought by
Tarta Douglas
Seller's Agent
Frank Abate
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
WILLIAM KIVLON
REALTY EXECUTIVES EXCEPTIONAL
List Price
$354,900
Sold Price
$327,500
Premium/Discount to List
-$27,400
-7.72%
Current Estimated Value
$495,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,103
Avg. Annual Appreciation
4.62%
Original Mortgage
$250,000
Outstanding Balance
$200,240
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,363

Purchase Details

Closed on
Nov 3, 2005
Sold by
Hartensveld Donald
Bought by
Hartensveld Joanne

Purchase Details

Closed on
Jul 24, 2002
Sold by
Town & Country
Bought by
Hartensveld Donald and Hartensveld Joanne
Source: Public Records

Range of Values:

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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
Tarta Douglas $327,500 None Available
Hartensveld Joanne -- --
Hartensveld Donald $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarta Douglas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $327,500 -7.7% $194 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $354,900 -- $210 / 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 $8,432 $366,100 $200,000 $166,100
2024 $8,612 $337,700 $182,500 $155,200
2023 $8,612 $324,500 $175,000 $149,500
2022 $9,217 $302,000 $162,500 $139,500
2021 $9,217 $240,400 $130,000 $110,400
2020 $8,981 $240,400 $130,000 $110,400
2019 $8,784 $240,400 $130,000 $110,400
2018 $8,671 $240,400 $130,000 $110,400
2017 $8,450 $240,400 $130,000 $110,400
2016 $8,231 $240,400 $130,000 $110,400
2015 $8,099 $240,400 $130,000 $110,400
2014 $7,849 $240,400 $130,000 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3294629

Garden State MLS

APN: 03-00101-02-00001