NOT LISTED FOR SALE

38 Mount Olive Rd Budd Lake, NJ 07828

Estimated Value: $412,000 - $461,828

3 Beds
1 Bath
1,350 Sq Ft
$331/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2019

Last sale price $163,000 $121 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,981 / mo

43 Days on Market

Highlights

  • 0.67 Acre Lot
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Mount Olive High School Rated A
  • Wood Flooring
  • Eat-In Country Kitchen

About This Home

As of December 2019

Charming Cape with loads of potential! Large kitchen, hardwood floors. Why rent when you can own? Large enclosed sun porch. Private wooded backyard, Large, full walkout basement. Bonus room for office, study, playroom, you decide! Renovate and make this home your own! Also a great investment property, renovate to rent. Priced below assessed value to reflect being sold "as is".. Close to route 80, 206, 10 & 46. Great for Commuters & Plenty of shopping & restaurants! **Pictures will be added on Saturday.

Last Agent to Sell the Property

Grace Stampf

RE/MAX HERITAGE PROPERTIES Listed on: 09/19/2019

Last Buyer's Agent

INGRID Y. LOPEZ-ORTEGA

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,076

Year Built

  • Built in 1938

Lot Details

  • 0.67

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Eat-In Country Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Water Filtration System
  • Well

Additional Features

  • Wood Flooring
  • Washer
  • 29,185 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2327-03700-0000-00050-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,076

Year Built

Built in 1938

Lot Details

0.67 Acres

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1938
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Route 46 to Mount Olive Road
  • I D: 4932059
  • First Name: GRACE
  • First Name3: INGRID Y.
  • Last Name: STAMPF
  • Last Name3: LOPEZ-ORTEGA
  • Office Phone: 973-598-1008 ext302
  • Office Phone3: 973-601-7000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Washer, Water Filter, Dishwasher, Microwave Oven
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Full
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-598-1700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Radiators - Hot Water, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Well

Lot Info

  • Lot Size: 150X196
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.67

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7076
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-03700-0000-00050-0000-
  • Tax Rate Amount: 3.173
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Lopez Ortega Ingrid and Ortega Luis A
Bought by
Rodriguez Frank
Current Estimated Value
$446,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Outstanding Balance
$228,329
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$218,378

Purchase Details

Listed on
Sep 19, 2019
Closed on
Dec 2, 2019
Sold by
Miller Donna R
Bought by
Lopezortega Ingrid Y and Ortega Luis A
Seller's Agent
Grace Stampf
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
INGRID Y. LOPEZ-ORTEGA
REALTY EXECUTIVES EXCEPTIONAL
List Price
$176,500
Sold Price
$163,000
Premium/Discount to List
-$13,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.03%
Original Mortgage
$130,400
Interest Rate
5.77%
Mortgage Type
Construction
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
Rodriguez Frank $260,000 Title On Demand Of Nj Inc
Rodriguez Frank $260,000 None Listed On Document
Lopezortega Ingrid Y $163,000 Title On Demand Of Nj Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Frank $255,290
Closed Rodriguez Frank $255,290
Previous Owner Lopezortega Ingrid Y $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $163,000 -7.6% $121 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $176,500 -- $131 / Sq Ft
Source: Garden State 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 $7,542 $216,400 $137,300 $79,100
2024 $7,113 $216,400 $137,300 $79,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3588833

Garden State MLS

APN: 27-03700-0000-00050

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