NOT LISTED FOR SALE

5 Drake Rd Newton, NJ 07860

Estimated Value: $508,000 - $629,000

2 Beds
1.5 Baths
1,678 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $400,000 $238 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,731/month

218 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Wood Burning Stove
  • Lake Privileges
  • Deck
  • Powered Boats Allowed

About This Home

As of May 2020

Exquisitely renovated home on double lot totaling 1 full acre and replete with unique and high-end finishes throughout. Includes part ownership in lakefront lot directly across the street!

Last Agent to Sell the Property

CHRIS GIUGLIANO

CLEARVIEW REALTY Listed on: 08/07/2019

Last Buyer's Agent

CHRIS GIUGLIANO

CLEARVIEW REALTY Listed on: 08/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,674

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 0.79 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,678 Sq Ft Home
  • Wood Burning Stove
  • Great Room with Fireplace
  • Den
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Outbuilding

Schools

  • Frankford Elementary School
  • High Point

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2805-00261-0000-00025-0000-
  • Tax Block *

Community Details

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,674

Year Built

Built in 1955 | Remodeled

Lot Details

0

HOA Fees

$23 per month

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Renovated
  • County Name: Sussex
  • Renovated Year: 2017
  • Street Number Display: 5
  • Directions: Route 206N to LEFT on E SHore Lake Owassa Rd to RIGHT on Plumer to RIGHT on Drake
  • I D: 4921258
  • Modified: 2021-05-22
  • Number Images: 25
  • Section Subdiv Development: Lake Owassa
  • First Name: CHRIS
  • First Name3: CHRIS
  • Last Name: GIUGLIANO
  • Last Name3: GIUGLIANO
  • Office Phone: 973-948-4004
  • Office Phone3: 973-948-4004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Fireplace Description: Wood Stove-Freestanding, Great Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dryer, Microwave Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space
  • Den Level: First
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 19x17
  • Kitchen Level: First
  • Living Room Dim: 19x19
  • Living Room Level: First
  • Level 1 Rooms: Laundry Room, Den, Great Room, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 1678
  • Phone: 973-948-4004

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio, Deck, Outbuilding(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Gravel

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn
  • Heating: Forced Hot Air
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed, Lake Privileges
  • Association Maintenance Fee: 275
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: FRANKFORD
  • High School: HIGH POINT
  • High School: HIGH POINT

Lot Info

  • Lot Size: .79 ACS
  • Assessed Improvement Value: 93500
  • Assessed Land Value: 207100
  • Assessment: 300600
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot, Lake Front
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.79
  • Zoning: res

Rental Info

  • Application Fee: 750

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7674
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2805-00261-0000-00025-0000-
  • Tax Rate Amount: 2.553
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: FRANKFORD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
May 13, 2020
Sold by
Weir William F and Weir Angela A
Bought by
Shaw Randal J
Seller's Agent
CHRIS GIUGLIANO
CLEARVIEW REALTY
Buyer's Agent
CHRIS GIUGLIANO
CLEARVIEW REALTY
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$550,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,685
Avg. Annual Appreciation
6.15%
Original Mortgage
$315,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Cashin Daryn L and Cashin John M
Bought by
Weir William F and Weir Angela A

Purchase Details

Closed on
Sep 7, 2006
Sold by
Winkler Walter M and Winkler Ruth T
Bought by
Cashin John M and Cashin Daryn L

Purchase Details

Closed on
Jul 10, 1995
Sold by
Meunkle John A and Meunkle Robert C
Bought by
Fisher Daryn L and Cashin John M
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
Shaw Randal J $375,000 Sunnyside Title Agency Llc
Weir William F $350,000 None Available
Cashin John M -- None Available
Fisher Daryn L $80,000 --
Fisher Daryn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Randal J $315,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $400,000 -5.9% $238 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
08/07/2019 08/07/19 For Sale $425,000 -- $253 / 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 $9,451 $317,800 $207,100 $110,700
2024 $9,169 $317,800 $207,100 $110,700
2023 $9,169 $317,800 $207,100 $110,700
2022 $8,946 $317,800 $207,100 $110,700
2021 $8,676 $317,800 $207,100 $110,700
2020 $7,972 $300,600 $207,100 $93,500
2019 $7,746 $300,600 $207,100 $93,500
2018 $7,674 $300,600 $207,100 $93,500
2017 $7,647 $300,600 $207,100 $93,500
2016 $7,743 $300,600 $207,100 $93,500
2015 $7,704 $300,600 $207,100 $93,500
2014 $7,882 $300,600 $207,100 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3578837

Garden State MLS

APN: 05-00261-0000-00025