NOT LISTED FOR SALE

244 W Lake Ave Rahway, NJ 07065

Estimated Value: $601,000

3 Beds
2 Baths
1,198 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $305,000 $255 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,087/month

147 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Granite Countertops
  • Screened Porch

About This Home

As of February 2019

This 2 story Colonia house located in quit side of W lake ave. behind school, it is not on busy street, but just 3 blocks to Colonia, Clark border. 1/2 mile to train station and downtown. 3 bedrooms, 2 full baths, The updated contemporary eat-in-kitchen has recessed lighting, s/s appliances, bamboo cabinets, granite counter top, Italia ceramic floors & lots of natural lighting, kitchen can be accessed from living room directly, no need go through dinning room to kitchen. Formal dinning room with wood floor. renovated basement for additional famil living space which is great for entertaining. basement with side entrance to fenced in backyard. A screened in porch in the front facing East, a great place to have morning coffee on Sunday morning! central a/c & hwh is 1 yr. Seller Motivated !

Last Agent to Sell the Property

Ying Gautreau

Coldwell Banker Realty License #0454173 Listed on: 09/07/2018

Coldwell Banker Realty

Last Buyer's Agent

Ying Gautreau

Coldwell Banker Realty License #0454173 Listed on: 09/07/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,749

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 41 x 89
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Thermal Windows
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Shed

Schools

  • Rahway Middle School
  • Rahway High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Inman Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-00074-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,749

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Hot Tub, Washer, Dishwasher, Dryer, Microwave, Refrigerator
  • Subdivision Name: Inman Heights
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Recessed Lighting
  • Year Built: 1928
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 41 x 89
  • Location Middle School: Rahway
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Exterior Thermal Window: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior Hot Tub2: Yes
  • Exterior Porch - Screened: Yes
  • Floors Tile: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Included Hot Tub3: Yes
  • Foyer Floor - WW Carpet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Hot Tub, Patio, Porch - Screened, Shed, Storage, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas, Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rahway

Lot Info

  • Lot Dimensions: 41 x 89
  • Parcel #: 13-00074-0000-00003
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7749.0

MLS Schools

  • High School: Rahway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Current Estimated Value
$601,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,729
Outstanding Balance
$277,705
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$323,295

Purchase Details

Listed on
Sep 7, 2018
Closed on
Feb 19, 2019
Sold by
Gautreau Gregory and Gautreau Ying Qi
Seller's Agent
Ying Gautreau
Coldwell Banker Realty
Buyer's Agent
Ying Gautreau
Coldwell Banker Realty
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$307,407
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2005
Sold by
Gautreau Gregory
Bought by
Gautreau Gregory and Gautreau Ying Qi

Purchase Details

Closed on
May 29, 2004
Sold by
Lambright Raymond
Bought by
Gautreau Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.25%

Purchase Details

Closed on
Nov 28, 2000
Sold by
Murphy Arthur F and Murphy Eunice G
Bought by
Lambright Raymond and Lambright Karrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
8%
Mortgage Type
Stand Alone First
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
-- -- First American Title
-- $305,000 Acres Land Title Agency Inc
Gautreau Gregory -- --
Gautreau Gregory $250,000 --
Lambright Raymond $145,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $306,729
Closed -- $307,407
Previous Owner Gautreau Ying $197,000
Previous Owner Gautreau Gregory $200,000
Previous Owner Gautreau Gregory $200,000
Previous Owner Lambright Raymond $140,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $305,000 -- $255 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,055 $140,200 $48,500 $91,700
2023 $10,055 $140,200 $48,500 $91,700
2022 $9,845 $140,200 $48,500 $91,700
2021 $9,745 $140,200 $48,500 $91,700
2020 $9,709 $140,200 $48,500 $91,700
2019 $8,116 $118,700 $48,500 $70,200
2018 $7,945 $118,700 $48,500 $70,200
2017 $7,749 $118,700 $48,500 $70,200
2016 $7,584 $118,700 $48,500 $70,200
2015 $7,498 $118,700 $48,500 $70,200
2014 $7,364 $118,700 $48,500 $70,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21835511

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00074-0000-00003