NOT LISTED FOR SALE

232 Drake Ln Unit 232 Ledgewood, NJ 07852

Succasunna Neighborhood

Estimated Value: $314,000 - $404,000

1 Bed
2 Baths
830 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $295,000 $355 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,388/month

10 Days on Market

About This Home

As of May 2023

This home is located at 232 Drake Ln Unit 232, Ledgewood, NJ 07852 since 17 March 2023 and is currently estimated at $356,216, approximately $429 per square foot. This property was built in 1989. 232 Drake Ln Unit 232 is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Listed By

MICHELLE PAIS

SIGNATURE REALTY NJ Brokerage Phone: 908-686-1200 Listed on: 03/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,841

Year Built

  • Built in 1989

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,841

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • County Name: Morris
  • Street Number Display: 232
  • I D: 5209347
  • Modified: 2024-05-09
  • Number Images: 1
  • Attribution Contact: 908-686-1200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.17 AC
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 2, 2023
Sold by
Bloom Michael and Bloom Deborah
Bought by
Neis Rocco
Seller's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Buyer's Agent
JAKE HANDLER
EXP REALTY, LLC
List Price
$279,000
Sold Price
$295,000
Premium/Discount to List
$16,000
5.73%
Total Days on Market
10
Views
165
Current Estimated Value
$356,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,216
Avg. Annual Appreciation
8.61%
Original Mortgage
$280,250
Outstanding Balance
$274,441
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$73,229

Purchase Details

Closed on
Mar 17, 2000
Sold by
Davis John H and Davis Michele I
Bought by
Veals Dana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Neis Rocco $295,000 None Listed On Document
Veals Dana J $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neis Rocco $280,250
Previous Owner Bloom Michael $199,750
Previous Owner Veals Dana J $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $295,000 +5.7% $355 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $279,000 -- $336 / 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 $4,841 $178,900 $90,000 $88,900
2023 $4,841 $178,900 $90,000 $88,900
2022 $4,712 $178,900 $90,000 $88,900
2021 $4,712 $178,900 $90,000 $88,900
2020 $4,703 $178,900 $90,000 $88,900
2019 $4,616 $178,900 $90,000 $88,900
2018 $4,948 $114,800 $63,500 $51,300
2017 $4,921 $114,800 $63,500 $51,300
2016 $4,825 $114,800 $63,500 $51,300
2015 $4,706 $114,800 $63,500 $51,300
2014 $4,631 $114,800 $63,500 $51,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MICHELLE PAIS

    SIGNATURE REALTY NJ

  • J

    Buyer's Agent in 2023

    JAKE HANDLER

    EXP REALTY, LLC

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Map

Source: Garden State MLS

MLS Number: 3833695

Garden State MLS

APN: 36-06501-0000-00002-034

New Jersey Morris County Ledgewood 07852 Succasunna

232 Drake Ln Unit 232, Ledgewood, NJ

Homes for Sale in Ledgewood, NJ

This home is located at 232 Drake Ln Unit 232, Ledgewood, NJ 07852 since 17 March 2023 and is currently estimated at $356,216, approximately $429 per square foot. This property was built in 1989. 232 Drake Ln Unit 232 is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

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