$168,000
SOLD JUL 31, 2014

260 Drake Ln Ledgewood, NJ 07852

1 Bed
2 Baths
830 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$202 Per Sq Ft

About This Home

As of June 2017

This home is located at 260 Drake Ln, Ledgewood, NJ 07852 and is currently priced at $168,000, approximately $202 per square foot. This property was built in 1989. 260 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Agent to Sell the Property

Antonio Noriega

RE/MAX TOWN & VALLEY II Brokerage Phone: 973-598-1008 Listed on: 07/31/2014

RE/MAX TOWN & VALLEY II

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: 260
  • I D: 4415466
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-598-1008
  • 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
Jan 5, 2017
Closed on
Jun 2, 2017
Sold by
Neilson Luise
Bought by
Howard William M
Seller's Agent
PATRICIA DIGERONIMO
RE/MAX TOWN & VALLEY II
Buyer's Agent
SHERYL L WEINE
WEICHERT REALTORS
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$349,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,787
Avg. Annual Appreciation
7.86%
Original Mortgage
$138,750
Outstanding Balance
$116,633
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$226,407

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jul 31, 2014
Sold by
Terpstra Mary M and Galek Lynn Marie
Bought by
Neilson Luise
Seller's Agent
Antonio Noriega
RE/MAX TOWN & VALLEY II
Sold Price
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$105,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 1995
Sold by
Franklin Estates Inc
Bought by
Terpstra Nicholas and Terpstra Mary M
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 Type Sale Price Title Company
Deed $185,000 Old Republic Natl Title Ins
Deed $168,000 Core Title
Deed $89,990 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,750 New Conventional
Previous Owner $105,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $185,000 -7.5% $223 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $199,900 +19.0% $241 / Sq Ft
07/31/2014 07/31/14 Sold $168,000 -- $202 / 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 $4,328 $178,900 $90,000 $88,900
2021 $4,328 $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 $4,131 $114,800 $63,500 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3111844

Garden State MLS

APN: 36-06501-0000-00002-054