NOT LISTED FOR SALE

45 Indian Spring Rd Budd Lake, NJ 07828

Estimated Value: $770,000 - $890,300

4 Beds
4 Baths
3,196 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $676,100 $212 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,925/month

16 Days on Market

Highlights

  • Custom Home
  • Lake View
  • Deck
  • Mount Olive High School Rated A
  • 1.84 Acre Lot
  • Family Room with Fireplace

About This Home

As of February 2023

Welcome Home! Wonderful custom built home features 4 bedrooms, 4 full baths, bonus room/leisure room, 2 staircases, gorgeous family room with wood burning fireplace, spacious dining room with hardwood flooring, kitchen with breakfast room, lots of natural light and second staircase, awesome laundry room, formal living room with 2nd wood burning fireplace, office or possible in-law suite with full bath, sliders to huge patio and lots of privacy. Second floor master bedroom suite with sitting room, sumptuous bath with dual sinks, jetted tub, stall shower, walk-in closet, Jack & Jill bedrooms with full bath, additional bedroom, main bath, bonus room/leisure room, great for entertaining, walk-up attic for additional storage or can be finished. Basement has high ceilings and can be finished for extra living space with easy access from garage. 2 car oversized garage, electric dog fence. Come see the mountain views and winter lake views from your beautiful front porch. Minutes to Routes 80, 46, 206, 10, 287, trains.

Last Agent to Sell the Property

Sharon Caruso

RE/MAX HERITAGE PROPERTIES Brokerage Phone: 973-945-8142 Listed on: 12/11/2022

Last Buyer's Agent

Lynn Garafola

KELLER WILLIAMS METROPOLITAN

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,063

Year Built

  • Built in 2002

Lot Details

  • 1.84 Acre Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • 3,196 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Utility Room
  • Lake Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Sandshore Elementary School
  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2327-01800-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,063

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2002
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 45
  • Directions: Rt 80 to exit 26, Rt 46 W, R on Smithtown Rd, R Indian Spring, bear left up hill #45
  • I D: 5194186
  • Modified: 2024-02-16
  • Number Images: 38
  • Section Subdiv Development: Greentree
  • First Name: SHARON K.
  • First Name3: LYNN
  • Last Name: CARUSO
  • Last Name3: GARAFOLA
  • Office Phone: 973-598-1700
  • Attribution Contact: 973-945-8142
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Electric, Sump Pump
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Basement Level Rooms: Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x13
  • Kitchen Level: First
  • Living Room Dim: 14x14
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 18x17
  • Other Room1 Level: Second
  • Other Room 2: SittngRm
  • Other Room2 Dim: 10x08
  • Other Room2 Level: Second
  • Other Room 3: Breakfast
  • Other Room3 Dim: 11x10
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Other Room4 Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Leisure, SittngRm
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3196
  • Phone: 973-598-1700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Open Porch(es), Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Schools

  • Elementary School: Sandshore
  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 1.82 AC
  • Assessed Improvement Value: 350900
  • Assessed Land Value: 155700
  • Assessment: 506600
  • Easement: Unknown
  • Lot Description: Lake/Water View
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.84
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17063
  • Assessor Parcel Number: 2327-01800-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.358
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Sandshore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2022
Closed on
Jan 30, 2023
Sold by
Vargas David and Vargas Mary Katherine
Bought by
Marshall Ronald
Seller's Agent
Sharon Caruso
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
Lynn Garafola
KELLER WILLIAMS METROPOLITAN
List Price
$650,000
Sold Price
$676,100
Premium/Discount to List
$26,100
4.02%
Views
80
Current Estimated Value
$832,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,725
Avg. Annual Appreciation
8.20%
Original Mortgage
$370,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2016
Closed on
Jun 22, 2017
Sold by
National Residential Nominee Services Oi
Bought by
Vargas David
Seller's Agent
Maryann Johnston
COLDWELL BANKER REALTY
Buyer's Agent
Ronald Frost
RE/MAX HOUSE VALUES
List Price
$420,000
Sold Price
$380,000
Premium/Discount to List
-$40,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$380,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2016
Sold by
Yang Ritchie C and Yang Huichen
Bought by
National Residential Nominee Services In

Purchase Details

Closed on
Apr 11, 2001
Sold by
The Vizzoni Group Inc
Bought by
Yang Ritchie C and Wang Huichen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
7.5%
Mortgage Type
Construction
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
Marshall Ronald $676,100 American Land Title
Vargas David $380,000 Lt National Title Services
National Residential Nominee Services In $420,000 None Available
Yang Ritchie C $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Ronald $524,000
Closed Marshall Ronald $370,000
Previous Owner Dailey Mary $34,600
Previous Owner Vargas David $450,000
Previous Owner Vargas David $380,000
Previous Owner Yang Ritchie C $257,600
Previous Owner Porter Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $676,100 +4.0% $212 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/18/2022 12/18/22 For Sale $650,000 +71.1% $203 / Sq Ft
06/28/2017 06/28/17 Sold $380,000 -9.5% $119 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $420,000 -- $131 / 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 $16,652 $506,600 $155,700 $350,900
2023 -- $506,600 $155,700 $350,900
2022 -- $506,600 $155,700 $350,900
2021 $0 $506,600 $155,700 $350,900
2020 $0 $506,600 $155,700 $350,900
2019 $16,277 $506,600 $155,700 $350,900
2018 $0 $506,600 $155,700 $350,900
2017 $16,277 $506,600 $155,700 $350,900
2016 $15,760 $506,600 $155,700 $350,900
2015 $16,130 $506,600 $155,700 $350,900
2014 $16,145 $506,600 $155,700 $350,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3820943

Garden State MLS

APN: 27-01800-0000-00001