NOT LISTED FOR SALE

365 Lake Ave Forked River, NJ 08731

Estimated Value: $486,000 - $539,000

4 Beds
2.5 Baths
1,815 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $530,000 $292 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,341 / mo

5 Days on Market

Highlights

  • Rambler Architecture
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of September 2024

Discover serene living in this stunning 4-bedroom, 2 1/2 bathroom retreat where modern elegance meets custom craftsmanship throughout. Enjoy your morning coffee on the front porch with serene lake views, and unwind in the evening with breathtaking sunsets. Step inside this charming ranch to find hardwood floors and a whitewash wood shiplap accent wall that warmly welcomes you into the living room area. The updated kitchen boasts granite countertops and all new appliances, perfect for culinary enthusiasts. Other features include the primary bedroom with an en-suite bathroom, dedicated laundry room area, and both front and back decks! Outside, entertain effortlessly on the back deck featuring a custom outdoor kitchen and pergola. The well-maintained yard includes a vegetable garden and a fire pit area, with ample space prepped for an above-ground pool (not one currently). Enjoy the conveniences of a custom outdoor shower, storage shed, leased solar panels (lease details available), and slide open the windows in the sunroom to enjoy fresh breezes. With central air conditioning, a new roof, hot water heater, and boiler, this home is not only stylish but also move-in ready. Located near a swimming lake with recreational amenities, it offers both relaxation and leisure opportunities.

Last Agent to Sell the Property

Matthew Garabedian

(609) 494-8400 mattg@garabedianrealtygroup.com Garabedian Realty Group, LLC Listed on: 07/10/2024

Last Buyer's Agent

LuAnn Novak

(844) 698-5803 tcottrell@actionplusrealty.com Century 21 Action Plus Realty - Forked River

Century 21 Action Plus Realty - Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,346

Year Built

  • Built in 1973

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 93.00 x 100.00
  • Property is in excellent condition
  • Property is zoned R-75

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,815 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forked River Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 13-01420-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,346

Year Built

Built in 1973

Lot Details

9,300 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen
  • Basement: No
  • Total Sq Ft: 1815
  • Living Area Sq Ft: 1815
  • Price Per Sq Ft: 291.46
  • Above Grade Finished Sq Ft: 1815
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 93.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9300.00
  • Property Condition: Excellent
  • Zoning: R-75

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6346.00
  • Assessor Parcel Number: 13-01420-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 27, 2024
Sold by
Fearon Harry and Fearon Lois
Bought by
Iapicco Christopher and Alvarez Victoria
Seller's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
Buyer's Agent
LuAnn Novak
Century 21 Action Plus Realty - Forked River
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%
Views
16
Current Estimated Value
$514,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,015
Avg. Annual Appreciation
-1.78%
Original Mortgage
$424,000
Outstanding Balance
$419,635
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$95,350

Purchase Details

Closed on
Apr 23, 2020
Sold by
Dipaola David and Mcpherson Elizabeth
Bought by
Fearon Harry and Fearon Lois

Purchase Details

Closed on
Sep 27, 2016
Sold by
Dipaolo David
Bought by
Dipaolo David and Mcpherson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2013
Closed on
Apr 14, 2014
Sold by
Rosenberg Kathleen H and Hale Lucy C
Bought by
Dipaolo David
Seller's Agent
Vincent Maldonado
Prudential Zack Shore Properties
Buyer's Agent
Nina Mendelson
VRI Homes
Sold Price
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$130,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iapicco Christopher $530,000 Group 21 Title
Iapicco Christopher $530,000 Group 21 Title
Fearon Harry $285,000 Fortune Title Agency Inc
Dipaolo David -- Stewart Title
Dipaolo David $218,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iapicco Christopher $424,000
Closed Iapicco Christopher $424,000
Previous Owner Dipaolo David $152,700
Previous Owner Dipaolo David $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $530,000 +0.2% $292 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $529,000 +142.7% $291 / Sq Ft
04/15/2014 04/15/14 Sold $218,000 -- $114 / Sq Ft View Prior Sale
Source: Bright MLS

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 $7,327 $267,900 $77,000 $190,900
2024 $6,097 $267,900 $77,000 $190,900
2023 $5,813 $267,900 $77,000 $190,900
2022 $6,063 $267,900 $77,000 $190,900
2021 $5,527 $267,900 $77,000 $190,900
2020 $4,674 $217,000 $77,000 $140,000
2019 $4,592 $217,000 $77,000 $140,000
2018 $4,537 $217,000 $77,000 $140,000
2017 $4,433 $217,000 $77,000 $140,000
2016 $4,416 $217,000 $77,000 $140,000
2015 $4,218 $217,000 $77,000 $140,000
2014 $4,076 $251,500 $112,000 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2027072

Bright MLS

APN: 13-01420-0000-00011

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