NOT LISTED FOR SALE

5 Colonial Rd Budd Lake, NJ 07828

Estimated Value: $309,000 - $403,000

3 Beds
1 Bath
796 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $326,000 $410 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,350/month

10 Days on Market

About This Home

As of November 2023

This home is located at 5 Colonial Rd, Budd Lake, NJ 07828 since 13 September 2023 and is currently estimated at $361,807, approximately $454 per square foot. This property was built in 1938. 5 Colonial Rd is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

Last Agent to Sell the Property

Elena Nicolas

ADDISON REAL ESTATE Brokerage Phone: 908-233-9292 Listed on: 09/13/2023

Last Buyer's Agent

EDWARD MORERA

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,266

Year Built

  • Built in 1938

Lot Details

  • 0.31 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,266

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • County Name: Morris
  • I D: 5244745
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 0.2590 AC
  • Total Acres: 0.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Nov 8, 2023
Sold by
Viafara Luteher Mosquera and Viafara Jeannette
Bought by
Herrera Eduard Steve and Herrera Christopher D
Seller's Agent
Elena Nicolas
ADDISON REAL ESTATE
Buyer's Agent
EDWARD MORERA
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$325,000
Sold Price
$326,000
Premium/Discount to List
$1,000
0.31%
Views
195
Current Estimated Value
$361,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,807
Avg. Annual Appreciation
5.29%
Original Mortgage
$309,700
Outstanding Balance
$303,403
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$58,404

Purchase Details

Closed on
Oct 7, 2021
Sold by
Mosqucra Viafara Luteher and Mosqucra Jennette
Bought by
Viafara Luteher Mosquera and Mosquera Jeannette

Purchase Details

Listed on
Nov 3, 2018
Closed on
Dec 26, 2018
Sold by
Hollywood Assets Llc
Bought by
Viafara Luteher Mosquera and Torres Jeannette
Seller's Agent
Vito Contuzzi
CENTURY 21 THE CROSSING
Buyer's Agent
EILEEN QUILES-BEIGHLEY
C-21 CHRISTEL REALTY
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$186,558
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2018
Sold by
Stevenson William H and Mtglq Ivnestros Lp
Bought by
Hollywood Assets Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Lennon James P and Lennon Kathleen
Bought by
Stevenson William H and Stevenson Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herrera Eduard Steve $326,000 Old Republic Title
Herrera Eduard Steve $326,000 Old Republic Title
Viafara Luteher Mosquera -- The Security Title Guarantee
Viafara Luteher Mosquera $190,000 Foundation Title Llc
Hollywood Assets Llc $72,000 None Available
Stevenson William H $206,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Eduard Steve $309,700
Closed Herrera Eduard Steve $309,700
Previous Owner Viafara Luteher Mosquera $186,558
Previous Owner Stevenson William H $206,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2023 11/14/23 Sold $326,000 +0.3% $410 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $325,000 +71.1% $408 / Sq Ft
12/28/2018 12/28/18 Sold $190,000 +5.6% $239 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
11/03/2018 11/03/18 For Sale $179,900 -- $226 / 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 $5,266 $151,100 $113,900 $37,200
2024 $4,710 $151,100 $113,900 $37,200
2023 $4,710 $143,300 $113,900 $29,400
2022 $4,812 $143,300 $113,900 $29,400
2021 $4,812 $143,300 $113,900 $29,400
2020 $4,748 $143,300 $113,900 $29,400
2019 $4,732 $143,300 $113,900 $29,400
2018 $4,686 $143,300 $113,900 $29,400
2017 $4,604 $143,300 $113,900 $29,400
2016 $4,458 $143,300 $113,900 $29,400
2015 $4,563 $143,300 $113,900 $29,400
2014 $4,567 $143,300 $113,900 $29,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Elena Nicolas

    ADDISON REAL ESTATE

    (973) 204-8500

    3 in this area

    19 Total Sales

    Elena Nicolas
    Section Image

  • E

    Buyer's Agent in 2023

    EDWARD MORERA

    KELLER WILLIAMS MID-TOWN DIRECT

  • Vito Contuzzi

    Seller's Agent in 2018

    Vito Contuzzi

    CENTURY 21 THE CROSSING

    (973) 652-9303

    1 in this area

    149 Total Sales

    Vito Contuzzi
    Section Image

  • E

    Buyer's Agent in 2018

    EILEEN QUILES-BEIGHLEY

    C-21 CHRISTEL REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3864562

Garden State MLS

APN: 27-03700-0000-00043

New Jersey Morris County Budd Lake 07828

5 Colonial Rd, Budd Lake, NJ

Not Listed for Sale

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