NOT LISTED FOR SALE

437 Sophee Ln Unit 437 Lakewood, NJ 08701

Estimated Value: $220,000 - $236,000

2 Beds
2 Baths
1,165 Sq Ft
$418/mo HOA Fee

Last Sold August 11, 2023

Last sale price $200,000 $172 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,935/month

31 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Bocce Ball Court
  • Senior Community
  • Community Pool
  • Community Center

About This Home

As of August 2023

Welcome to this beautifully upgraded unit at Covington Village. This unit's master bedroom overlooks the woods for ultimate privacy. Now it the time to make your move to the Jersey Shore and live the easy and low maintenance lifestyle that this community provides. Hotel style entry, elevator, end of hallway location and more. The clubhouse offers a gym, meeting/banquet room, billiards room, card room, massage room and TV room with cozy fireplace. Swimmer? The saltwater pool with patio and fountain is the perfect spot to meet with friends and family. Across from the entrance of Covington Village is a brand new retail establishment that will make it even more convenient for the owners. Welcome home!

Last Listed By

Heather Garrett-Muly

Keller Williams Realty Spring Lake License #0570753 Listed on: 06/19/2023

Keller Williams Realty Spring Lake

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 2006

Lot Details

  • 436

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Saltwater Pool
  • Balcony
  • Outdoor Storage

Location

  • Upper Level

Schools

  • Lakewood Middle School

Utilities

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

Listing and Financial Details

  • Exclusions: dining room chandelier
  • Assessor Parcel Number 15-01082-0000-00009-437

Community Details

Overview

  • Senior Community
  • Front Yard Maintenance
  • Association fees include lawn maintenance, mgmt fees, pool, snow removal
  • Covington Village Subdivision

Amenities

  • Common Area
  • Community Center
  • Recreation Room

Recreation

  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,729

Year Built

Built in 2006

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common, Salt Water
  • Reso Association Amenities: Association, Exercise Room, Community Room, Pool, Common Area, Bocci
  • Reso Association Fee Includes: Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Covington Village
  • Architectural Style: Upper Level
  • Reso Flooring: Ceramic Tile, Wood, Other
  • Reso Interior Features: Elevator
  • New Construction: No
  • Year Built: 2006
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Community Room: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Lakewood
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Included BlindsShades: Yes
  • Garage None4: Yes
  • Kitchen Floor - Wood4: Yes
  • Common Elements Bocci: Yes
  • PoolSaltWater: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features-Interior:Elevator: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: dining room chandelier
  • Exterior Features: Balcony, Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Common, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 418.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes

Schools

  • Middle Or Junior School: Lakewood

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 15-01082-0000-00009-437
  • Zoning Description: Planned Residential, Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 9, 2023
Sold by
Lancellotti Joanne
Bought by
Feygin Oleg
Seller's Agent
Heather Garrett-Muly
Keller Williams Realty Spring Lake
Buyer's Agent
Mario Bottieri
Weichert Realtors-Brick
List Price
$200,000
Sold Price
$200,000
Total Days on Market
31
Views
327
Current Estimated Value
$228,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,819
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
May 12, 2016
Sold by
Derisi Nicholas and Derisi Elaine
Bought by
Lancellotti Joanne

Purchase Details

Closed on
Nov 23, 2009
Sold by
Balady Joseph and Balady Donna
Bought by
Derisi Nicholas and Derisi Elaine

Range of Values:

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Average Value
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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
Feygin Oleg $200,000 Foundation Title
Lancellotti Joanne -- --
Derisi Nicholas $223,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balady Joseph $50,000
Previous Owner Balady Joseph $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $200,000 +0.3% $172 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $199,500 -0.3% $171 / Sq Ft
06/19/2023 06/19/23 For Sale $200,000 -- $172 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $2,827 $119,600 $25,000 $94,600
2023 $2,729 $119,600 $25,000 $94,600
2022 $2,729 $119,600 $25,000 $94,600
2021 $1,359 $119,600 $25,000 $94,600
2020 $2,717 $119,600 $25,000 $94,600
2019 $2,614 $119,600 $25,000 $94,600
2018 $2,496 $119,600 $25,000 $94,600
2017 $3,055 $119,600 $25,000 $94,600
2016 $3,572 $121,900 $20,000 $101,900
2015 $3,456 $121,900 $20,000 $101,900
2014 $3,278 $121,900 $20,000 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22316578

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-01082-0000-00009-437-C1000