NOT LISTED FOR SALE

331 Pinnacle Dr Lake Hopatcong, NJ 07849

Estimated Value: $862,000 - $900,000

4 Beds
3 Baths
3,220 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $730,000 $227 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,134/month

11 Days on Market

About This Home

As of August 2022

This home is located at 331 Pinnacle Dr, Lake Hopatcong, NJ 07849 since 17 May 2022 and is currently estimated at $876,655, approximately $272 per square foot. This property was built in 2002. 331 Pinnacle Dr is a home located in Morris County with nearby schools including Jefferson Township Middle School and Jefferson Township High School.

Last Agent to Sell the Property

Lori Caruso

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 05/17/2022

RE/MAX SELECT

Last Buyer's Agent

Jibi Thomas

REAL

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,210

Year Built

  • Built in 2002

Lot Details

  • 0.32 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,210

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • County Name: Morris
  • I D: 5143897
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.320 AC
  • Total Acres: 0.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 10, 2022
Sold by
Gandhi Mukesh and Gandhi Dipika
Bought by
Topiwala Mihir A and Sheth Dharti V
Seller's Agent
Lori Caruso
RE/MAX SELECT
Buyer's Agent
Jibi Thomas
REAL
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Views
1
Current Estimated Value
$876,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,655
Avg. Annual Appreciation
5.76%
Original Mortgage
$584,000
Interest Rate
6.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 25, 2008
Sold by
Patel Kalpesh
Bought by
Gandhi Mukesh and Gandhi Dipika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Patel Madhavi
Bought by
Patel Kalpesh

Purchase Details

Closed on
May 9, 2002
Sold by
Sunrise
Bought by
Patel Kalpesh and Patel Madhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Topiwala Mihir A $730,000 Chicago Title
Gandhi Mukesh $545,000 Fidelity Natl Title Ins Co
Patel Kalpesh -- None Available
Patel Kalpesh $368,787 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Topiwala Mihir A $584,000
Previous Owner Gandhi Mukesh $436,000
Previous Owner Patel Kalpesh $277,000
Closed Patel Kalpesh $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $730,000 +4.4% $227 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $699,000 -- $217 / 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
2025 $18,210 $606,600 $162,300 $444,300
2024 $14,238 $606,600 $162,300 $444,300
2023 $14,238 $486,600 $162,300 $324,300
2022 $13,596 $486,600 $162,300 $324,300
2021 $13,596 $486,600 $162,300 $324,300
2020 $13,367 $486,600 $162,300 $324,300
2019 $13,110 $476,900 $161,200 $315,700
2018 $12,950 $464,500 $156,000 $308,500
2017 $12,762 $449,700 $156,000 $293,700
2016 $12,243 $455,300 $156,000 $299,300
2015 $12,124 $440,400 $166,000 $274,400
2014 $11,712 $430,100 $152,800 $277,300
Source: Public Records

Agents Affiliated with this Home

  • Lori Caruso

    Seller's Agent in 2022

    Lori Caruso

    RE/MAX

    (973) 219-3789

    55 in this area

    140 Total Sales

    Lori Caruso
    Section Image

  • J

    Buyer's Agent in 2022

    Jibi Thomas

    REAL

    (908) 644-9422

    1 in this area

    24 Total Sales

    Jibi Thomas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3782606

Garden State MLS

APN: 14-00250-04-00010

New Jersey Morris County Lake Hopatcong 07849

331 Pinnacle Dr, Lake Hopatcong, NJ

Not Listed for Sale

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