NOT LISTED FOR SALE

224 Lake Ave Metuchen, NJ 08840

Estimated Value: $854,000 - $1,409,864

6 Beds
4.5 Baths
-- Sq Ft
0.35 Acres

Last Sold September 29, 2020

Last sale price $758,000

Est. 61% increase in value since last sale

Current estimated payment $8,556/month

27 Days on Market

Highlights

  • Greenhouse
  • Colonial Architecture
  • Beamed Ceilings
  • Edgar Middle School Rated A
  • Wood Flooring
  • 2-minute walk to Thomas Park

About This Home

As of September 2020

Rarely does a home like this come on the market. This is a chance to own a home where extended families can comfortably gather & create incredible memories. Custom built in 2015, this gorgeous home boasts 6/7 BRs, 4.5 bths. The impressive front entry and endless paver driveway welcome you into this enchanting home w its own traffic light for easy access to Metuchen's nearby highly rated schools, shopping centers, busing, train & major highways. 3500+ sq feet was carefully designed to suit today's modern needs. A private side entrance to either an office or first floor bedroom w its own full bath, updated eat in kitchen, along w a 14' x 19' great room that allows guests to happily gather. Radiant floor heating warm the pristine wood floors throughout & multi zone central air cool off all three levels. The 200' deep property is fenced in with an enormous paver patio, efficient solar panel energy, maintenance-free trex deck, firepit, play area,small orchard & much more!

Last Agent to Sell the Property

LAURIE CATIZONE JORDAN

KELLER WILLIAMS VILLAGE SQUARE Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,820

Year Built

  • Built in 2010

Lot Details

  • 0.35

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Beamed Ceilings
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bathroom is a Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Paver Block
  • Open Parking

Outdoor Features

  • Patio
  • Greenhouse

Utilities

  • Radiant Heating System
  • Gas Water Heater

Community Details

  • Frame Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,820

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Subdivision Name: frame
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2010
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Breakfast Bar
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Gas Water Heater
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Bath Main, Family Room, Kitchen, Living Room, Other Room(s), 5 (+) Bedrooms, Bath Other, Bath Second, 1 Bedroom, Beamed Ceilings
  • Stories: 3

Exterior Features

  • Other Structures: Greenhouse
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paver Blocks

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, Attic Fan
  • Heating: Zoned, Radiant-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 17820
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 17, 2020
Sold by
Issa Fuad S and Wooton Lori Anne
Bought by
Lam Cheung Y and Cheng Chiu
Seller's Agent
LAURIE CATIZONE JORDAN
KELLER WILLIAMS VILLAGE SQUARE
List Price
$758,000
Sold Price
$758,000
Current Estimated Value
$1,221,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,466
Avg. Annual Appreciation
10.16%
Original Mortgage
$464,800
Outstanding Balance
$418,622
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$802,844

Purchase Details

Closed on
Mar 3, 2014
Sold by
Us Bank Na
Bought by
Issa Fuad S and Wooton Lori Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,725
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2013
Sold by
Arch Bay Holdings Llc Series 2009B
Bought by
Us Bank National Assn

Purchase Details

Closed on
Dec 26, 2012
Sold by
Malhotra Meenakshi and Malhotra Pradeeep
Bought by
Arch Bay Holdings Llc

Purchase Details

Closed on
May 11, 2007
Sold by
Garg Rajiv
Bought by
Malhotra Meenakshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Cirri Santo
Bought by
Malhotra Meenakshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.86%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Cirri Santo
Bought by
Malhotra Meenakshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.8%
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
Lam Cheung Y $758,000 Title Authority Llc
Issa Fuad S $191,000 Multiple
Us Bank National Assn -- Fidelity National Title Ins
Arch Bay Holdings Llc -- None Available
Malhotra Meenakshi -- --
Malhotra Meenakshi $110,000 --
Malhotra Meenakshi $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Cheung Y $464,800
Previous Owner Issa Fuad S $451,770
Previous Owner Issa Fuad S $458,725
Previous Owner Malhotra Meenakshi $340,000
Previous Owner Malhotra Meenakshi $200,000
Previous Owner Malhotra Meenakshi $130,000
Previous Owner Malhotra Meenakshi $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $758,000 0.0% --
08/30/2020 08/30/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $758,000 -- --
Source: All 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 $22,952 $330,000 $100,000 $230,000
2024 $22,183 $330,000 $100,000 $230,000
2023 $22,183 $330,000 $100,000 $230,000
2022 $21,024 $330,000 $100,000 $230,000
2021 $20,478 $330,000 $100,000 $230,000
2020 $18,429 $300,000 $100,000 $200,000
2019 $17,886 $300,000 $100,000 $200,000
2018 $17,820 $300,000 $100,000 $200,000
2017 $17,763 $300,000 $100,000 $200,000
2016 $17,137 $297,000 $100,000 $197,000
2015 $16,757 $100,000 $100,000 $0
2014 $7,646 $139,000 $91,400 $47,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2102269

All Jersey MLS

APN: 09-00147-0000-00034