NOT LISTED FOR SALE

31 Drake Ln Ledgewood, NJ 07852

Estimated Value: $393,000 - $407,000

2 Beds
2 Baths
1,213 Sq Ft
$280/mo HOA Fee

Last Sold May 27, 2021

Last sale price $258,000 $213 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,873/month

11 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Tennis Courts
  • Roxbury High School Rated A-
  • Community Pool
  • Formal Dining Room

About This Home

As of May 2021

PRIME PRIME LOCATION!! PRIVATE FIRST FLOOR END UNIT FACING WOODS WITH WALK OUT PATIO, UPDATED W/ GRANITE COUNTER TOPS. OPEN FLOOR PLAN. GREAT INVESTMENT OPPORTUNITY!! BUYER TO OBTAIN CURRENT TENANT. OCCUPYING UNTIL MAY 26 2021

Last Agent to Sell the Property

Olga Tsiavos

RE/MAX SELECT Listed on: 03/23/2021

RE/MAX SELECT

Last Buyer's Agent

Olga Tsiavos

RE/MAX SELECT Listed on: 03/23/2021

RE/MAX SELECT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 8,276

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Roxbury High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Patio
  • Open Lot

Listing and Financial Details

  • Assessor Parcel Number 2336-06501-0000-00002-0222-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,392

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, First Floor Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Renovated Year: 2015
  • Street Number Display: 31
  • Directions: RT 10W TO DRAKE LANE BUILDING 22 UNIT 31
  • I D: 5057374
  • Modified: 2022-05-28
  • Number Images: 4
  • Section Subdiv Development: LEDGEWOOD/ DRAKESVILLE
  • First Name: OLGA
  • First Name3: OLGA
  • Last Name: TSIAVOS
  • Last Name3: TSIAVOS
  • Office Phone: 973-650-0450
  • Office Phone3: 973-650-0450
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2015

Interior Features

  • Flooring: Tile, Wood
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Skylight, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 21x11
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, SeeRem
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Patio, Sidewalk, Thermal Windows/Doors
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: Roxbury
  • High School: Roxbury

Lot Info

  • Lot Size: 0.19 AC
  • Assessed Improvement Value: 115100
  • Assessed Land Value: 90000
  • Assessment: 205100
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 2.222
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19
  • Zoning: RES

Rental Info

  • Application Fee: 150
  • Pets Allowed: BreedRst, Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5392
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2336-06501-0000-00002-0222-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.629
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 28, 2021
Sold by
Calvey Michele
Bought by
Golden Rochelle
Seller's Agent
Olga Tsiavos
RE/MAX SELECT
Buyer's Agent
Olga Tsiavos
RE/MAX SELECT
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%
Current Estimated Value
$398,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,827
Avg. Annual Appreciation
10.51%
Original Mortgage
$206,400
Outstanding Balance
$187,618
Interest Rate
3.02%
Estimated Equity
$211,209

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 25, 2021
Sold by
Calvey Michele
Bought by
Golden Rochelle
Seller's Agent
Olga Tsiavos
RE/MAX SELECT
Buyer's Agent
Olga Tsiavos
RE/MAX SELECT
List Price
$269,000
Sold Price
$258,000
Premium/Discount to List
-$11,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Outstanding Balance
$187,618
Interest Rate
3.02%
Estimated Equity
$211,209

Purchase Details

Listed on
Apr 24, 2017
Closed on
Aug 22, 2017
Sold by
Kander Susan
Bought by
Calvey Michele
Seller's Agent
Michael Giacalone
RE/MAX HOUSE VALUES
Buyer's Agent
Olga Tsiavos
RE/MAX SELECT
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$100,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2014
Closed on
Oct 31, 2014
Sold by
Walter Janet W and White Byron O
Bought by
Kander Susan
Seller's Agent
Iris Orlinski
RE/MAX TOWN & VALLEY II
Sold Price
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Varela Arles
Bought by
Walter Fred and Walter Janet
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 Buyer Sale Price Title Company
Golden Rochelle $258,000 --
Golden Rochelle $258,000 Foundation Title Llc
Calvey Michele $230,000 Fidelity Natl Title Ins Co
Kander Susan $238,000 Central Jersey Title Co Inc
Walter Fred $167,500 --
Walter Fred $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Rochelle $206,400
Closed Golden Rochelle --
Closed Golden Rochelle $206,400
Previous Owner Calvey Michele $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $258,000 -4.1% $213 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $269,000 +17.0% $222 / Sq Ft
08/23/2017 08/23/17 Sold $230,000 -6.1% $190 / Sq Ft View Prior Sale
08/07/2017 08/07/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $245,000 +2.9% $202 / Sq Ft
10/31/2014 10/31/14 Sold $238,000 -- $196 / Sq Ft View Prior Sale
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
2025 $5,638 $205,100 $90,000 $115,100
2024 $5,550 $205,100 $90,000 $115,100
2023 $5,550 $205,100 $90,000 $115,100
2022 $5,402 $205,100 $90,000 $115,100
2021 $5,402 $205,100 $90,000 $115,100
2020 $5,392 $205,100 $90,000 $115,100
2019 $5,292 $205,100 $90,000 $115,100
2018 $5,448 $126,400 $64,500 $61,900
2017 $5,419 $126,400 $64,500 $61,900
2016 $5,313 $126,400 $64,500 $61,900
2015 $5,181 $126,400 $64,500 $61,900
2014 $5,099 $126,400 $64,500 $61,900
Source: Public Records

Agents Affiliated with this Home

  • Olga Tsiavos

    Seller's Agent in 2021

    Olga Tsiavos

    RE/MAX

    (973) 219-5102

    13 in this area

    121 Total Sales

    Olga Tsiavos
    Section Image
  • Michael Giacalone

    Seller's Agent in 2017

    Michael Giacalone

    RE/MAX

    (201) 874-4918

    10 in this area

    85 Total Sales

    Michael Giacalone
    Section Image
  • Iris Orlinski

    Seller's Agent in 2014

    Iris Orlinski

    RE/MAX

    (973) 219-2036

    20 in this area

    104 Total Sales

    Iris Orlinski
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3699907

Garden State MLS

APN: 36-06501-0000-00002-222

New Jersey Morris County Ledgewood 07852

31 Drake Ln, Ledgewood, NJ

This home is located at 31 Drake Ln, Ledgewood, NJ 07852 since 23 March 2021 and is currently estimated at $398,827, approximately $328 per square foot. This property was built in 1989. 31 Drake Ln 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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