$100,000
SOLD SEP 23, 2016

5 Lake Ave Unit 3B East Brunswick, NJ 08816

1 Bed
1 Bath
953 Sq Ft
$325/mo HOA Fee

Recently Sold

$105 Per Sq Ft

35 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Tennis Courts
  • Lawrence Brook Elementary School Rated A-
  • Lake On Lot
  • Balcony

About This Home

As of September 2021

Freshly painted and all new carpeting on 2nd floor. Large bedroom, eat-in kitchen, sliding door from dining room to balcony, wall unit air conditioning.

Last Agent to Sell the Property

Paul Novak

Coldwell Banker Realty License #9131730 Listed on: 07/08/2016

Last Buyer's Agent

Paul Novak

Coldwell Banker Realty License #9131730 Listed on: 07/08/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1970

Lot Details

  • Lake Front

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 953 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Cooktop
  • Portable Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Lake On Lot
  • Balcony

Schools

  • Frost Elementary School
  • East Brunswick High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04-00026-02-00002-0000-C0505

Community Details

Overview

  • Association fees include trash, common area, heat, pool, sewer, snow removal, water
  • Lake Estates Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,541

Year Built

Built in 1970

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Lake
  • ResoPoolFeatures: Common, Fenced, In Ground
  • Reso Association Amenities: Tennis Court, Association, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Heat, Pool, Sewer, Snow Removal, Water
  • Inclusions: AC Units, Counter Top Range, Dishwasher, Light Fixtures, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: Lake Estates
  • Architectural Style: One Level Unit, Condo
  • Reso Flooring: Linoleum/Vinyl, Tile
  • Reso Interior Features: Balcony, Sliding Door
  • Year Built: 1970
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Lot Dimensions: x
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Interior Balcony: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • Common Elements Tennis Court: Yes
  • Floors Tile: Yes
  • Dining Room Sliding Door3: Yes
  • Included Counter Top Range: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Flat
  • Topography: Level
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Exterior Features:Pool-In Ground: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Sewer: Yes
  • AssociationHOA Fee Includes:Water: Yes
  • Association Fee Includes:Heat: Yes

Lot Info

  • Lot Dimensions: x
  • Parcel #: 04-00026-02-00002-0000-C0505

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3541.0

MLS Schools

  • Elementary School: Frost
  • High School: East Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 23, 2021
Sold by
Li Chunming and Zhao Wei
Bought by
Desai Devshri S
Seller's Agent
Suk Chiu-Ng
COLDWELL BANKER REALTY
List Price
$148,000
Sold Price
$148,000
Current Estimated Value
$231,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,655
Avg. Annual Appreciation
12.27%
Original Mortgage
$112,000
Outstanding Balance
$103,235
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,013

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 23, 2016
Sold by
Madan Juanita
Bought by
Li Chunming and Zhao Wei
Seller's Agent
Paul Novak
Coldwell Banker Realty
Buyer's Agent
Paul Novak
Coldwell Banker Realty
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
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 Type Sale Price Title Company
Deed $148,000 Land Rush Title Agency Llc
Deed $100,000 East Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Previous Owner $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $148,000 0.0% $155 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $148,000 +48.0% $155 / Sq Ft
09/23/2016 09/23/16 Sold $100,000 -- $105 / 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 $4,297 $36,800 $15,000 $21,800
2023 $4,297 $36,800 $15,000 $21,800
2022 $4,282 $36,800 $15,000 $21,800
2021 $4,160 $36,800 $15,000 $21,800
2020 $4,154 $36,800 $15,000 $21,800
2019 $4,111 $36,800 $15,000 $21,800
2018 $4,037 $36,800 $15,000 $21,800
2017 $3,971 $36,800 $15,000 $21,800
2016 $3,889 $36,800 $15,000 $21,800
2015 $3,541 $36,800 $15,000 $21,800
2014 $3,460 $36,800 $15,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21627063

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-00026-02-00002-0000-C0505