NOT LISTED FOR SALE

294 Lake Ave Colonia, NJ 07067

Estimated Value: $454,000 - $612,000

3 Beds
2.5 Baths
2,124 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $320,000 $151 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,698/month

267 Days on Market

Highlights

  • Greenhouse
  • Colonial Architecture
  • Whirlpool Bathtub
  • Spa
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2023

Brick Multi Story Home with lots of possibilities. Huge Master Bedroom with an enormous full bath with a jacuzzi tub and seperate shower stall. Woodburning Fireplace in the Living Rm. Hardwood flooring throughout most of the home. Green house off the side of the home. Washer and Dryer are newer. Roof was replaced approximately 2012. Roof over the addition only 2 years. Home needs TLC and being sold as-is. Make it your own. Subject to Short Sale.

Last Agent to Sell the Property

Paul Misura

RE/MAX 1st ADVANTAGE Listed on: 06/13/2022

RE/MAX 1st ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,159

Year Built

  • Built in 1925

Lot Details

  • 7,950 Sq Ft Lot
  • Lot Dimensions are 106.00 x 75.00
  • South Facing Home
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Property is zoned R-6

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Spa
  • Greenhouse
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • Colonia Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,159

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1825
  • Lot Size: 106.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: Colonia
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1925
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Breakfast Bar, Eat-in Kitchen
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Full, Recreation Room, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl-Linoleum
  • Interior Amenities: Kitchen, Living Room, Dining Room, 2 Bedrooms, 1 Bedroom
  • Living Area: 2124
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Corner Lot, Irregular Lot
  • Direction Faces: South
  • Other Structures: Shed(s), Greenhouse
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width, Asphalt, Circular Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 7950
  • Zoning: R-6

Tax Info

  • Tax Annual Amount: 9159
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Feb 17, 2023
Sold by
Tanyag Elito and Tanyag Tippi
Bought by
Jones Allyse
Seller's Agent
Paul Misura
RE/MAX 1st ADVANTAGE
List Price
$399,900
Sold Price
$320,000
Premium/Discount to List
-$79,900
-19.98%
Views
99
Current Estimated Value
$533,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,785
Avg. Annual Appreciation
19.77%
Original Mortgage
$300,000
Outstanding Balance
$292,197
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$204,719

Purchase Details

Closed on
Sep 14, 2005
Sold by
Ortiz Rafael
Bought by
Tanyag Elito and Pedroche Tippi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
5.72%
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
Jones Allyse $320,000 All Ahead Title
Tanyag Elito $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Allyse $300,000
Previous Owner Tanyag Elito $269,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $320,000 -8.5% $151 / Sq Ft
07/21/2022 07/21/22 Price Changed $349,900 -12.5% $165 / Sq Ft
06/13/2022 06/13/22 For Sale $399,900 -- $188 / Sq Ft
Source: All 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
2024 $9,470 $80,000 $25,000 $55,000
2023 $9,470 $80,000 $25,000 $55,000
2022 $9,235 $80,000 $25,000 $55,000
2021 $9,159 $80,000 $25,000 $55,000
2020 $8,883 $80,000 $25,000 $55,000
2019 $8,673 $80,000 $25,000 $55,000
2018 $8,508 $80,000 $25,000 $55,000
2017 $8,358 $80,000 $25,000 $55,000
2016 $8,294 $80,000 $25,000 $55,000
2015 $8,148 $80,000 $25,000 $55,000
2014 $7,974 $80,000 $25,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2215409R

All Jersey MLS

APN: 25-00513-01-00041-01