NOT LISTED FOR SALE

5 Cove Rd Hopatcong, NJ 07843

Estimated Value: $854,000 - $1,163,940

4 Beds
3 Baths
2,310 Sq Ft
$435/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $680,000 $294 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,749/month

9 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Colonial Architecture
  • Docks
  • Lake Privileges
  • Deck

About This Home

As of October 2020

Wonderful views, wonderful fun and a wonderful lifestyle! Spacious bedrooms with wide plank hardwood floors, skylight, private master bath with views from every window. The main living level offers a wall of sliders/windows letting in tons of natural sunlight, open kitchen with breakfast bar and additional breakfast room, top-of-the-line oak staircase with decorative wrought iron balusters, bedroom and full bath, open living room with fireplace and dining room. Large deck with easy access to the lake. The lowest level has a wonderful space for indoor recreation, dry bar, laundry, workshop, walk out to covered patio, fire pit, dock with three boat slips and boat ramp for water access in 5 MPH -no wake zone. Solar panels are owned, not leased and cut electric costs, generator hook-up, 150 AMP electric.

Last Agent to Sell the Property

LOU ANN FELLERS

KL SOTHEBY'S INT'L. REALTY Listed on: 07/01/2020

Last Buyer's Agent

Lori Caruso

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,276

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • Private Waterfront
  • Lake Front
  • Cul-De-Sac
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Private Driveway
  • Additional Parking
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vertical Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Dry Bar
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Utility Room
  • Laundry Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Finished Basement

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

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Generator Hookup
  • Water Softener is Owned

Community Details

  • Powered Boats Allowed

Listing and Financial Details

  • Assessor Parcel Number 2812-10811-0000-00007-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,276

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1958
  • Year Built Description: Approximate
  • County Name: Sussex
  • Directions: Lakeside Blvd to Cove
  • I D: 4994476
  • Section Subdiv Development: Ingram Cove
  • First Name: LOU ANN
  • First Name3: LORI A.
  • Last Name: FELLERS
  • Last Name3: CARUSO
  • Office Phone: 237433
  • Office Phone3: 973-219-3789
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Generator-Hookup, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Trash Compactor, OvnWElec, Water Softener-Own
  • Interior Amenities: Bar-Dry, Blinds, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Skylight, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Dim: 21x16
  • Kitchen Level: First
  • Living Room Dim: 19x17
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 30x19
  • Other Room1 Level: Ground
  • Other Room 2: Breakfast
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Breakfast Room, Dining Room, Entrance Vestibule, Kitchen, Living Room, Pantry
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: Laundry Room, Outside Entrance, Rec Room, Toilet, Utility Room, Walkout, Workshop
  • Phone: 973-543-3500

Exterior Features

  • Exterior Description: Vertical Siding, Vinyl Siding
  • Exterior Features: Deck, Dock, Patio, Storage Shed, Storm Door(s), Thermal Windows/Doors, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Parking
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: Additional Parking, Blacktop, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: OilAbOut, SolarOwn
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Solar

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Lake Privileges

Lot Info

  • Lot Size: 56X110
  • Lot Description: Cul-De-Sac, Lake Front, Lake/Water View, Level Lot, Waterfront
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • 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: 17276
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2812-10811-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.323
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 8, 2020
Sold by
Gallo Joseph and Gallo Liza
Bought by
Galvin Daniel T
Seller's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Lori Caruso
RE/MAX SELECT
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%
Current Estimated Value
$1,004,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,235
Avg. Annual Appreciation
7.82%
Original Mortgage
$588,115
Outstanding Balance
$519,744
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$484,491

Purchase Details

Closed on
Jun 23, 2017
Sold by
Dinapoli Liza and Gallo Liza
Bought by
Gallo Joseph and Gallo Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2013
Closed on
Oct 1, 2013
Sold by
Risi Walter A
Bought by
Dianpoli Liza
Seller's Agent
HECTOR VALLE JR
REALTY EXECUTIVES EXCEPTIONAL
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$215,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 1997
Sold by
Slattery Michael P
Bought by
Risi Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7%

Purchase Details

Closed on
Oct 9, 1997
Sold by
Metters Karen and Slattery Karen M
Bought by
Slattery Michael P

Purchase Details

Closed on
Sep 2, 1994
Sold by
Vittorio Rose
Bought by
Slattery Michael P and Slattery Karen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galvin Daniel T $680,000 Zwiren Title Agency
Gallo Joseph -- Title On Demand Of Nj
Dianpoli Liza $585,000 Fidelity National Title Ins
Risi Walter $255,000 Old Republic Title
Slattery Michael P -- --
Slattery Michael P $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvin Daniel T $588,115
Previous Owner Gallo Joseph $230,000
Previous Owner Dianpoli Liza $215,000
Previous Owner Risi Walter $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2020 10/08/20 Sold $680,000 +4.6% $294 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $650,000 +11.1% $281 / Sq Ft
10/02/2013 10/02/13 Sold $585,000 -- $253 / Sq Ft View Prior Sale
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 $17,793 $853,400 $373,300 $480,100
2024 $18,191 $853,400 $373,300 $480,100
2023 $18,191 $519,900 $251,200 $268,700
2022 $17,833 $519,900 $251,200 $268,700
2021 $17,531 $519,900 $251,200 $268,700
2020 $17,349 $519,900 $251,200 $268,700
2019 $17,276 $519,900 $251,200 $268,700
2018 $17,240 $519,900 $251,200 $268,700
2017 $17,214 $519,900 $251,200 $268,700
2016 $17,250 $519,900 $251,200 $268,700
2015 $16,860 $519,900 $251,200 $268,700
2014 $16,803 $519,900 $251,200 $268,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3644900

Garden State MLS

APN: 12-10811-0000-00007