NOT LISTED FOR SALE

223 Terrace Lake Dr Unit 12 Butler, NJ 07405

Estimated Value: $430,000 - $569,000

2 Beds
2.5 Baths
1,944 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $369,000 $190 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,001/month

208 Days on Market

Highlights

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

About This Home

As of April 2021

LAKEFRONT! LUXURY! PRESTIGIOUS GATED COMMUNITY! Lake Views from every level! Built in 2001 & Updated in 2016! Open floor plan, Spacious Kitchen with Granite Counters, Center Island, stainless steel appliances & separate breakfast area. Dining/Living Room w Gas Fireplace & Deck overlooking tranquil Terrace Lake and powder room complete the 1st floor. Upstairs offers King Size Master Bedroom w/ Full Bath, Large Walk in closet, additional closet space and access to attic. Additional large bedroom has been recently updated, private full bath, storage and Laundry. Finished Lower Level w/walk out to the patio & and serene lake view! Access to attached 1 Car Garage with even more storage space! Conveniently located minutes to NYC Bus, Shopping & Highways! Community Offers a Pool, Fitness Center & Club House.

Last Agent to Sell the Property

Carol Vidovic

UNITED REAL ESTATE Listed on: 08/12/2020

UNITED REAL ESTATE

Last Buyer's Agent

Ryan McCarey

RE/MAX SELECT

RE/MAX SELECT

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,763

Year Built

  • Built in 2001

Lot Details

  • 5,227 Sq Ft Lot
  • Lake Front

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • On-Street Parking

Home Design

  • Composition Shingle Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Ventless Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2303-00101-0002-00005-0000-
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,763

Year Built

Built in 2001

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2001
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 223
  • Directions: Rt 23 North to Cambridge Heights
  • I D: 5007237
  • Modified: 2022-04-02
  • Number Images: 17
  • Section Subdiv Development: Cambridge Heights
  • First Name: CAROL
  • First Name3: RYAN
  • Last Name: VIDOVIC
  • Last Name3: MCCAREY
  • Office Phone: 888-501-6953
  • Office Phone3: 973-625-0450
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Gas Ventless, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Security System, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Kitchen, Living Room, LivDinRm, Powder Room, SeeRem
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Laundry Room, SeeRem
  • Level 3 Rooms: Attic
  • Ground Level Rooms: Family Room, GarEnter, SeeRem, Walkout
  • Phone: 888-501-6953

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Garage Door Opener, Garage Under, InEntrnc
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Driveway-Exclusive, On-Street Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Pool-Outdoor
  • Association Maintenance Fee: 375
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 999999

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: 120400
  • Assessed Land Value: 146800
  • Assessment: 267200
  • Easement: Unknown
  • Lot Description: Lake Front, Lake/Water View
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Application Fee: 999999
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9763
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2303-00101-0002-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.654
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Aaron Deck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Mar 31, 2021
Sold by
Evgenikos Anthony J
Bought by
Demera Gina and Demera Luis
Seller's Agent
Carol Vidovic
UNITED REAL ESTATE
Buyer's Agent
Ryan McCarey
RE/MAX SELECT
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$513,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,113
Avg. Annual Appreciation
7.73%
Original Mortgage
$185,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 17, 2016
Sold by
Jason De George
Bought by
Evgenikos Anthony
Seller's Agent
Annmarie DeGeorge
BHHS GROSS AND JANSEN REALTORS
Buyer's Agent
Betty Hedden
COLDWELL BANKER REALTY
List Price
$379,321
Sold Price
$370,750
Premium/Discount to List
-$8,571
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%
Original Mortgage
$350,550
Interest Rate
3.57%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Vaughan John L
Bought by
Degeorge Jason and Gugliotta Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Town & Country Deve
Bought by
Vaughan John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
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
Demera Gina $369,000 Residential Commercial Title
Evgenikos Anthony -- --
Degeorge Jason $357,500 Chicago Title Insurance Co
Vaughan John $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demera Gina $185,000
Previous Owner Evgenikos Anthony $350,550
Previous Owner Evgenikos Anthony --
Previous Owner Degeorge Jason $213,000
Previous Owner Vaughan John $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $369,000 0.0% $190 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $369,000 0.0% $190 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/12/2020 08/12/20 For Sale $369,000 -0.5% $190 / Sq Ft
04/29/2016 04/29/16 Sold $370,750 -2.3% $191 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $379,321 -- $195 / 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 $10,213 $442,500 $200,000 $242,500
2024 $10,154 $409,000 $182,500 $226,500
2023 $10,154 $382,600 $175,000 $207,600
2022 $10,244 $341,400 $162,500 $178,900
2021 $10,244 $267,200 $146,800 $120,400
2020 $9,983 $267,200 $146,800 $120,400
2019 $9,763 $267,200 $146,800 $120,400
2018 $9,638 $267,200 $146,800 $120,400
2017 $9,392 $267,200 $146,800 $120,400
2016 $9,149 $267,200 $146,800 $120,400
2015 $9,002 $267,200 $146,800 $120,400
2014 $8,724 $267,200 $146,800 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3655757

Garden State MLS

APN: 03-00101-02-00005