NOT LISTED FOR SALE

224 Terrace Lake Dr Butler, NJ 07405

Estimated Value: $454,000 - $502,000

2 Beds
2 Baths
1,452 Sq Ft
$356/mo HOA Fee

Last Sold April 30, 2018

Last sale price $316,000 $218 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,614/month

23 Days on Market

Highlights

  • Clubhouse
  • Main Floor Bedroom
  • High Ceiling
  • Deck
  • Loft
  • Community Pool

About This Home

As of April 2018

Move right into this immaculate 2 BD/2Bath end unit townplex with loft. Pride of ownership throughout! Many Custom upgrades to include crown molding/wall panels/ window moldings, high-hats,1st level offers LR, Kitchen, & Breakfast area w/ beautiful Bruce HDWD Floors, Cathedral ceilings, gas FP w/limestone mantle & custom molding. Kitchen w/ Italian tiled backsplash, dining area & walkout to largest deck offered in complex. Laundry Room, spacious bedrooms w/ custom California closets, MSTR BDRM w/ Full Bath. 2nd Flr loft/family room w/ newer carpeting. All upgraded light fixtures, appliances, Hunter Douglas blinds, security system. NEWER HWH w/ electronic shut off, NEWER Lennox AC condenser. Enjoy the pool, clubhouse, fitness room.

Last Agent to Sell the Property

SILVANA ADIPIETRO

C-21 GEMINI, LLC. Listed on: 03/02/2018

Last Buyer's Agent

SALVATORE NICOSIA

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 2001

Lot Details

  • 5,227

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Oversized Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2303-00101-0005-00006-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, maintenance-common area

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,912

Year Built

Built in 2001

Lot Details

0

HOA Fees

$356 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: 2001
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 224
  • Directions: RT 23N to Cambridge Hts.. Take Cambridge DR. , Make Right on Terrace Lake Dr
  • I D: 4782291
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Cambridge Heights
  • First Name: SILVANA
  • First Name3: SALVATORE
  • Last Name: ADIPIETRO
  • Last Name3: NICOSIA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Interior Amenities: Walk-In Closet, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Level: Second
  • Level 2 Rooms: 2 Bedrooms, Living Room, Dining Room, Loft, Bath Main, Bath(s) Other, Kitchen
  • Estimated Sq Ft: 1452
  • Phone: 973-696-1111

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor
  • Association Maintenance Fee: 356
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Maintenance-Common Area

Lot Info

  • Lot Size: 0.1192 AC
  • Assessed Improvement Value: 90100
  • Assessed Land Value: 135000
  • Assessment: 225100
  • Easement: Unknown
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Application Fee: 300
  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7912
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2303-00101-0005-00006-0000-
  • Tax Rate Amount: 3.515
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 30, 2018
Sold by
Pecelli Anthony
Bought by
Narayan Gary
Seller's Agent
SILVANA ADIPIETRO
C-21 GEMINI, LLC.
Buyer's Agent
SALVATORE NICOSIA
WEICHERT REALTORS
List Price
$329,900
Sold Price
$316,000
Premium/Discount to List
-$13,900
-4.21%
Total Days on Market
23
Current Estimated Value
$464,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,713
Original Mortgage
$304,385
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2002
Sold by
Town & Country
Bought by
Pacelli Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.05%
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
Narayan Gary $316,000 Old Republic National Title
Pacelli Anthony $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Gary $312,403
Closed Narayan Gary $304,385
Previous Owner Pacelli Anthony $180,000
Previous Owner Pacelli Anthony $160,000
Previous Owner Pacelli Anthony $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $316,000 -4.2% $218 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $329,900 -- $227 / 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
2024 $8,286 $330,900 $182,500 $148,400
2023 $8,286 $312,200 $175,000 $137,200
2022 $8,630 $269,200 $162,500 $106,700
2021 $8,630 $225,100 $135,000 $90,100
2020 $8,410 $225,100 $135,000 $90,100
2019 $8,225 $225,100 $135,000 $90,100
2018 $8,119 $225,100 $135,000 $90,100
2017 $7,912 $225,100 $135,000 $90,100
2016 $7,707 $225,100 $135,000 $90,100
2015 $7,584 $225,100 $135,000 $90,100
2014 $7,350 $225,100 $135,000 $90,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    SILVANA ADIPIETRO

    C-21 GEMINI, LLC.

  • S

    Buyer's Agent in 2018

    SALVATORE NICOSIA

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3450741

Garden State MLS

APN: 03-00101-05-00006

New Jersey Morris County Butler 07405

224 Terrace Lake Dr, Butler, NJ

This home is located at 224 Terrace Lake Dr, Butler, NJ 07405 since 02 March 2018 and is currently estimated at $474,242, approximately $326 per square foot. This property was built in 2001. 224 Terrace Lake Dr is a home located in Morris County with nearby schools including Aaron Decker School, Richard Butler School, and Apple Montessori Schools and Camps - Kinnelon.

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