NOT LISTED FOR SALE

227 Lancaster Dr Lake Hiawatha, NJ 07034

Estimated Value: $849,000 - $898,757

4 Beds
2.5 Baths
2,120 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $735,000 $347 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,746/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Lake Hiawatha Elementary School Rated A-
  • Central Air

About This Home

As of August 2022

Paradise awaits you here! Meticulously maintained bright and sunny 4 bedroom, 2.5 bath home! Step right into the welcoming entrance foyer with a large coat closet. The living room, dining room and kitchen feature gleaming hardwood floors! Sensational updated kitchen with granite countertops, a breakfast bar, stainless appliances, loads of pantry space and a bow window overlooking your own backyard sanctuary. Whirlpool tub in the remodeled full bath. The master bedroom features hardwood floors, two closets, one a walk in plus an updated full bath. The fourth bedroom is large and is perfect to double as an office if needed. Inviting family room with sliders to the backyard. There is also a powder room on the first level. The spacious two car garage has plenty of storage space and a built in workbench. This home is nestled on over a half acre professionally landscaped oasis featuring a trex covered porch with ceiling fans, outdoor kitchen, heated inground pool, fire pit & koi pond

Last Agent to Sell the Property

Roberta Butera

Berkshire Hathaway Home Services Horizon Realty Listed on: 06/03/2022

Berkshire Hathaway Home Services Horizon Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,600

Lot Details

  • 0.52 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Pool Liner

Schools

  • Lake Hiawatha Elementary School
  • Central Middle School
  • Parsippany High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 00474

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,600

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 627-2270
  • Outside Inclusions: washer, dryer, refrigerator, pool equipment, outdoor kitchen
  • MLS Status: Sold - Sold
  • Directions: Knoll Rd to Farmstead to Union to Lancaster
  • Reso Fireplace Features: None
  • Year Built Details: 1960's,Build Prior to 1978
  • Power Production Type: Photovoltaics
  • PropertySubTypeAdditional: Traditnl
  • Power Production Ownership: Third-Party Owned
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: Heated, In Ground, Liner, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: freezer in the garage
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Lake Hiawatha School
  • High School: Parsippany High
  • Middle Or Junior School: Central Middle
  • Elementary: Lake Hiawatha School

Lot Info

  • Lot Size Sq Ft: 22651.0

Tax Info

  • Tax Annual Amount: 12600.0
  • Tax Block: 00474
  • Tax Lot: 00011

MLS Schools

  • High School Text: Parsippany High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 29, 2022
Sold by
Demarco Sam J and Demarco Janne M
Bought by
Lyer Svetlana Kononenko
Seller's Agent
Roberta Butera
Berkshire Hathaway Home Services Horizon Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$689,900
Sold Price
$735,000
Premium/Discount to List
$45,100
6.54%
Current Estimated Value
$873,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,439
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Jan 6, 1994
Sold by
Schultze Rolf
Bought by
Demarco Sam and Demarco Janne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.12%
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
Lyer Svetlana Kononenko $735,000 None Listed On Document
Demarco Sam $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarco Sam J $393,737
Previous Owner Demarco Janne M $100,000
Previous Owner Demarco Sam J $147,000
Previous Owner Demarco Sam J $85,000
Previous Owner Demarco Sam $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $735,000 +6.5% $347 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $689,900 -- $325 / Sq Ft
Source: New 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 $13,598 $394,500 $225,200 $169,300
2024 $13,342 $394,500 $225,200 $169,300
2023 $13,342 $394,500 $225,200 $169,300
2022 $12,482 $394,500 $225,200 $169,300
2021 $12,482 $394,500 $225,200 $169,300
2020 $12,218 $394,500 $225,200 $169,300
2019 $11,890 $394,500 $225,200 $169,300
2018 $11,630 $394,500 $225,200 $169,300
2017 $11,444 $394,500 $225,200 $169,300
2016 $11,168 $394,500 $225,200 $169,300
2015 $10,892 $394,500 $225,200 $169,300
2014 $10,746 $394,500 $225,200 $169,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22020144

New Jersey MLS

APN: 29-00474-0000-00011