NOT LISTED FOR SALE

38 Fayson Lakes Rd Kinnelon, NJ 07405

Estimated Value: $897,000 - $949,570

5 Beds
3 Baths
2,564 Sq Ft
$359/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $646,000 $252 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,417/month

222 Days on Market

Highlights

  • Lake Front
  • Custom Home
  • Clubhouse
  • Stonybrook School Rated A-
  • Lake Privileges
  • Deck

About This Home

As of April 2020

LAKEFRONT! YOUR SEARCH IS OVER! Unparalleled Views Of West Lake (Main Beach) From Almost Every Room. Direct Access to the Beach from your own Backyard for Swimming,Back Up Offers Only. Boating,Sailing,Fishing & Tennis Only a few Homes have this Direct Access. MAKE YOUR OWN MEMORIES! Features Eat In Kitchen with large Deck overlooking the Lake for Entertaining. New Modern Full Bathroom W/ white Custom Vanity & Marble & Large Shower Stall. Formal LR with Brick Fireplace, Formal DR, Family Room , Main Level Bedroom, Screened Porch, Main Level 2 Car Garage. The Fabulous Walk-Out Lower Level offers a Brick Fireplace, Recreation Room W/ Wet Bar, Full Bathroom, Laundry Room/Storage Room. Perfect for a Mother/Daughter. Newer Window's, New Vinyl Siding.

Last Agent to Sell the Property

CINDY GALLAGHER

COLDWELL BANKER REALTY Listed on: 06/07/2019

Last Buyer's Agent

Nancy Barnett

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,088

Year Built

  • Built in 1956

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Corner Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,564 Sq Ft Home
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Recreation Room with Fireplace
  • Storage Room
  • Utility Room
  • Lake Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Deck
  • Enclosed Patio or Porch

Schools

  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2315-45801-0000-00101-0000-
  • Tax Block *

Community Details

Overview

  • $20 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,088

Year Built

Built in 1956

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1956
  • County Name: Morris
  • Easements Description: Guardian Stri
  • Exclusions: Hanging Light in Basement & Chandelier in Kitchen
  • Street Number Display: 38
  • Directions: Boonton Ave to Fayson Lakes Rd to # 38
  • I D: 4902783
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Fayson Lakes
  • First Name: CINDY
  • First Name3: NANCY
  • Last Name: GALLAGHER
  • Last Name3: BARNETT
  • Office Phone: 973-283-7725
  • Office Phone3: 973-979-4184
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Rec Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, OvnWElec, CookElec, Refrigerator, Dishwasher
  • Interior Amenities: TubShowr, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Utility Room, Storage Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite Description: FamilyRm, SepEnter, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Screened Patio/Porch
  • Other Room3 Level: First
  • Other Room 4: Utility Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Screened, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2564
  • Phone: 973-838-9300

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Enclosed Porch(es), Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s), 3 Units
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Jogging/Biking Path, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 585
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 245

Schools

  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 0.60 AC
  • Assessed Improvement Value: 275400
  • Assessed Land Value: 280800
  • Assessment: 556200
  • Easement: Yes
  • Lot Description: Lake/Water View, Corner, Lake Front
  • Lot Identifier: 101
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.60
  • Zoning: Residential

Rental Info

  • Application Fee: 750
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14088
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-45801-0000-00101-0000-
  • Tax Rate Amount: 2.533
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Apr 13, 2020
Sold by
Straube Steven L and Straube Evelyn
Bought by
Cluney Eugene and Cluney Brittany
Seller's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
Buyer's Agent
Nancy Barnett
COLDWELL BANKER REALTY
List Price
$699,000
Sold Price
$646,000
Premium/Discount to List
-$53,000
-7.58%
Current Estimated Value
$920,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,643
Avg. Annual Appreciation
7.60%
Original Mortgage
$634,299
Outstanding Balance
$566,730
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$397,696
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
Cluney Eugene $646,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cluney Eugene $634,299
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2020 04/14/20 Sold $646,000 -7.6% $252 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $699,000 0.0% $273 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $699,000 -- $273 / 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 $17,846 $616,000 $280,800 $335,200
2024 $17,476 $616,000 $280,800 $335,200
2023 $17,476 $616,000 $280,800 $335,200
2022 $16,614 $616,000 $280,800 $335,200
2021 $16,614 $616,000 $280,800 $335,200
2020 $14,723 $556,200 $280,800 $275,400
2019 $14,383 $556,200 $280,800 $275,400
2018 $14,089 $556,200 $280,800 $275,400
2017 $13,849 $556,200 $280,800 $275,400
2016 $11,902 $366,100 $172,800 $193,300
2015 $11,430 $366,100 $172,800 $193,300
2014 $11,236 $366,100 $172,800 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3563550

Garden State MLS

APN: 15-45801-0000-00101