NOT LISTED FOR SALE

218 Lake Dr Stanhope, NJ 07874

Estimated Value: $476,000 - $521,000

4 Beds
2 Baths
1,972 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $442,000 $224 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,310/month

11 Days on Market

About This Home

As of August 2024

This home is located at 218 Lake Dr, Stanhope, NJ 07874 since 11 June 2024 and is currently estimated at $493,326, approximately $250 per square foot. This property was built in 1972. 218 Lake Dr is a home located in Sussex County with nearby schools including Byram Lakes Elementary School, Byram Township Intermediate School, and Lenape Val Regional High School.

Last Agent to Sell the Property

Laurie Richmond

WEICHERT REALTORS Brokerage Phone: 973-729-2700 Listed on: 06/11/2024

WEICHERT REALTORS

Last Buyer's Agent

STEPHEN BRACONI

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0.34 Acres

Listing Details

  • Year Built: 1972
  • County Name: Sussex
  • I D: 5292353
  • Attribution Contact: 973-729-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .344 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 6, 2024
Sold by
Sherba George Malcom and Sherba Trevor
Bought by
Russo Peter Victor
Seller's Agent
Laurie Richmond
WEICHERT REALTORS
Buyer's Agent
STEPHEN BRACONI
KELLER WILLIAMS VILLAGE SQUARE
List Price
$399,000
Sold Price
$442,000
Premium/Discount to List
$43,000
10.78%
Views
28
Current Estimated Value
$493,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,326
Avg. Annual Appreciation
7.44%
Original Mortgage
$433,994
Outstanding Balance
$428,998
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
$64,328

Purchase Details

Closed on
May 22, 2007
Sold by
Sherba Bonnie Lee
Bought by
Sherba George M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Russo Peter Victor $442,000 Westcor Land Title
Russo Peter Victor $442,000 Westcor Land Title
Sherba George M -- Advantage Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Peter Victor $433,994
Closed Russo Peter Victor $433,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $442,000 +10.8% $224 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $399,000 -- $202 / Sq Ft
Source: Garden State MLS

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 $9,219 $240,700 $102,700 $138,000
2024 $9,055 $240,700 $102,700 $138,000
Source: Public Records

Agents Affiliated with this Home

  • Laurie Richmond

    Seller's Agent in 2024

    Laurie Richmond

    WEICHERT REALTORS

    (973) 919-3259

    5 in this area

    67 Total Sales

    Laurie Richmond
    Section Image

  • S

    Buyer's Agent in 2024

    STEPHEN BRACONI

    KELLER WILLIAMS VILLAGE SQUARE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3907058

Garden State MLS

APN: 04-00256-0000-00568

New Jersey Sussex County Stanhope 07874

218 Lake Dr, Stanhope, NJ

Not Listed for Sale

Detached

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