NOT LISTED FOR SALE

266 Drake Ln Unit 266 Ledgewood, NJ 07852

Estimated Value: $408,000 - $447,001

3 Beds
2 Baths
1,489 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $250,000 $168 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,834/month

79 Days on Market

About This Home

As of March 2020

This home is located at 266 Drake Ln Unit 266, Ledgewood, NJ 07852 since 02 December 2019 and is currently estimated at $425,500, approximately $285 per square foot. This property was built in 1989. 266 Drake Ln Unit 266 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

Kelly Holmquist

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 12/02/2019

KELLER WILLIAMS METROPOLITAN

Co-Listed By

KEVIN KARCICH

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,194

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • County Name: Morris
  • Street Number Display: 266
  • I D: 4947678
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.23 AC
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 3, 2020
Sold by
Dahlhaus Francine and Estate Of Kenneth W Graham
Bought by
Carman Theodore D and Carman Lynn G
Seller's Agent
Kelly Holmquist
KELLER WILLIAMS METROPOLITAN
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$425,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,500
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Nijhawan Ashish and Nijhawan Rina
Bought by
Graham Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
6.92%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Vargas Roberto
Bought by
Nijhawan Ashish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
8.65%
Source: Public Records

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
Carman Theodore D $250,000 Property Title Group Llc
Graham Kenneth W $132,750 --
Nijhawan Ashish $128,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Kenneth W $175,000
Previous Owner Graham Kennith W $150,000
Previous Owner Graham Kenneth W $99,500
Previous Owner Nijhawan Ashish $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $250,000 -9.1% $168 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $275,000 -- $185 / 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 $6,194 $228,900 $90,000 $138,900
2023 $6,194 $228,900 $90,000 $138,900
2022 $6,029 $228,900 $90,000 $138,900
2021 $6,029 $228,900 $90,000 $138,900
2020 $6,018 $228,900 $90,000 $138,900
2019 $5,906 $228,900 $90,000 $138,900
2018 $5,775 $134,000 $66,500 $67,500
2017 $5,745 $134,000 $66,500 $67,500
2016 $5,632 $134,000 $66,500 $67,500
2015 $5,493 $134,000 $66,500 $67,500
2014 $5,406 $134,000 $66,500 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Kelly Holmquist

    Seller's Agent in 2020

    Kelly Holmquist

    KELLER WILLIAMS METROPOLITAN

    (908) 451-4676

    6 in this area

    360 Total Sales

    Kelly Holmquist
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    KEVIN KARCICH

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3603584

Garden State MLS

APN: 36-06501-0000-00002-057

New Jersey Morris County Ledgewood 07852

266 Drake Ln Unit 266, Ledgewood, NJ

This home is located at 266 Drake Ln Unit 266, Ledgewood, NJ 07852 since 02 December 2019 and is currently estimated at $425,500, approximately $285 per square foot. This property was built in 1989. 266 Drake Ln Unit 266 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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