NOT LISTED FOR SALE

403 Phillips Rd Highland Lakes, NJ 07422

Estimated Value: $280,000 - $339,220

3 Beds
1 Bath
800 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $95,900 $120 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $2,266/month

46 Days on Market

Highlights

  • Lake Privileges
  • Clubhouse
  • Cathedral Ceiling
  • Cape Cod Architecture
  • Deck
  • Wood Flooring

About This Home

As of June 2019

INVESTORS! Priced $68K+ UNDER assessed value!! Property needs some TLC but septic inspection is satisfactory! Cute, cozy & quaint lake house features HW floors, pine walls & ceilings with gracious cathedral ceiling, storage loft & a wonderful stone fireplace. Originally a 3 bedroom home, a wall has been removed in order to make 1 large bedroom. Wall can easily be reinstalled to separate back to 3 BRs. Spacious yard & deck with mountain views & seasonal lake view. Close to recreational facilities; community offers 5 lakes, 7 beaches, swimming, boating, sailing and year round club activities incl basketball, tennis, ball fields & clubhouse. Close to ski & snow tubing areas, championship golf, hiking, bike trails & wineries. Call Property Owner's Assoc to confirm fees. Must be cash or renovation loan only

Last Agent to Sell the Property

FRANCESCA SINACORI

NEW AND MODERN GROUP Listed on: 04/05/2019

Last Buyer's Agent

PATRICIA MALPERE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1952

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake Privileges
  • Deck
  • Storage Shed

Schools

  • Lounsberry Elementary School
  • Glen Mdw Middle School
  • Vernon High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Standard Electricity
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00207-0009-00025-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,545

Year Built

Built in 1952

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Approximate
  • County Name: Sussex
  • Possible Other Uses: Home-Office
  • Street Number Display: 403
  • Directions: From Rt 23: Canistear, Right on Ames, Left on Aqueduct, Right on Phillips; house on left
  • I D: 4862291
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Highland Lakes
  • First Name: FRANCESCA
  • First Name3: PATRICIA
  • Last Name: SINACORI
  • Last Name3: MALPERE
  • Office Phone: 800-847-5998 x106
  • Office Phone3: 973-334-9400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Kitchen Exhaust Fan
  • Interior Amenities: TubShowr, Cathedral Ceiling
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Galley Type, Separate Dining Area
  • Kitchen Dim: 12x7
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Bath Main, Kitchen
  • Level 2 Rooms: 1 Bedroom
  • Phone: 856-457-4900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Electric
  • Heating: Baseboard - Electric
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Playground, Club House, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 1315
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Lounsberry
  • Middle School: GLEN MDW
  • High School: VERNON
  • High School: VERNON
  • Middle Jr High School: GLEN MDW

Lot Info

  • Lot Size: .13 AC
  • Assessed Improvement Value: 66200
  • Assessed Land Value: 102600
  • Assessment: 168800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: residential

Rental Info

  • Application Fee: 2000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4545
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00207-0009-00025-0000-
  • Tax Rate Amount: 2.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lounsberry

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 1, 2019
Sold by
Mtglq Investors Lp
Bought by
Johnstone Jeffrey M
Seller's Agent
FRANCESCA SINACORI
NEW AND MODERN GROUP
Buyer's Agent
PATRICIA MALPERE
WEICHERT REALTORS
List Price
$99,900
Sold Price
$95,900
Premium/Discount to List
-$4,000
-4%
Current Estimated Value
$312,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,155
Avg. Annual Appreciation
20.47%

Purchase Details

Closed on
Apr 8, 2019
Sold by
Lore Kristi
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 5, 2007
Sold by
U S Bank Na
Bought by
Lore Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2007
Sold by
Diaz Tara M and American General Financial Ser
Bought by
U S Bank Na

Purchase Details

Closed on
Dec 8, 2004
Sold by
Diaz Tara M
Bought by
Diaz Tara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
9.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bayne Connie K and Bayne Robert Roy
Bought by
Diaz Tara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2001
Sold by
New Jersey Housing & Mtg Finance Agency
Bought by
Bayne Connie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
12%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Quinn Michael Kevin and Quinn Katherine
Bought by
New Jersey Housing Mtg & Finance Agency

Purchase Details

Closed on
Oct 29, 1994
Sold by
Aliotta George J
Bought by
Quinn Michael Kevin
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
Johnstone Jeffrey M $95,900 American Home Title Agcy Inc
Mtglq Investors Lp -- None Available
Lore Kristi $157,000 Interstate 1St Title Agency
U S Bank Na -- None Available
Diaz Tara M -- Chancellor Title Agency Inc
Diaz Tara M $130,000 Fidelity Natl Title Ins Co N
Bayne Connie K $63,000 --
New Jersey Housing Mtg & Finance Agency -- --
Quinn Michael Kevin $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lore Kristi $131,500
Previous Owner Lore Kristi $125,600
Previous Owner Diaz Tara M $12,520
Previous Owner Diaz Tara M $213,750
Previous Owner Diaz Tara M $187,000
Previous Owner Diaz Iara M $8,600
Previous Owner Diaz Tara M $163,200
Previous Owner Diaz Tara M $127,300
Previous Owner Bayne Connie K $59,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $95,900 -4.0% $120 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $99,900 -- $125 / 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
2024 $5,513 $233,800 $166,400 $67,400
2023 $5,513 $212,600 $146,400 $66,200
2022 $5,494 $194,900 $131,400 $63,500
2021 $5,711 $181,700 $111,400 $70,300
2020 $5,537 $176,900 $106,400 $70,500
2019 $4,757 $168,800 $102,600 $66,200
2018 $4,546 $168,800 $102,600 $66,200
2017 $4,424 $168,800 $102,600 $66,200
2016 $4,418 $168,800 $102,600 $66,200
2015 $4,402 $168,800 $102,600 $66,200
2014 $4,443 $168,800 $102,600 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3545524

Garden State MLS

APN: 22-00207-09-00025