NOT LISTED FOR SALE

5 Lakeview Dr Unit 5 Old Tappan, NJ 07675

Estimated Value: $698,000 - $1,004,000

3 Beds
4 Baths
1,979 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $871,000 $440 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,948/month

9 Days on Market

Highlights

  • Stairway
  • T. Baldwin Demarest Elementary School Rated A
  • En-Suite Primary Bedroom

About This Home

As of December 2023

OPPORTUNITY TO OWN THIS LOVELY UPDATED 3 BEDROOM TOWNHOME IN THE COVETED LAKEVIEW ESTATES. ENTER INTO A BRIGHT 2 STORY ENTRY FOYER W/GLEAMING HARDWOOD FLOORS, FABULOUS 2 STORY GREAT ROOM W/FP, & LARGE DINING ROOM. FABULOUS KITCHEN W/UPDATES, STAINLESS STEEL APPLIANCES, BREAKFAST AREA W/ SLIDERS TO DECK & VIEWS LAKE. 1ST FLOOR PRIMARY IS OVERSIZED WITH VAULTED CEILING. LARGE WIC, NEWLY RENOVATED PRIMARY BATH W/CUSTOM DUAL VANITY, OVERSIZED SHOWER & BEAUTIFUL FINISHES. THE SECOND FLOOR LANDING OVERLOOKS THE GREAT ROOM AND BOASTS 2 LARGE BEDROOMS AND HALLWAY BATH. THE LOWER LEVEL IS PERFECT WITH IT'S OVERSIZED FAMILY ROOM, OFFC/BONUS ROOM, HALF BATH & ENTRY TO 2 CAR GARAGE. ENJOY THE CLUB HOUSE, GYM, POOL AND TREELINED STREETS. CLOSE TO SHOPPING, AND ALL OLD TAPPAN HAS TO OFFER! LOW TAXES, TOP RATED SCHOOLS & EASY COMMUTE. RARE OPPORTUNITY TO OWN IN THIS COMMUNITY.

Last Agent to Sell the Property

Diane Cookson

Compass New Jersey, LLC-Ridgewood Listed on: 11/01/2023

Compass New Jersey, LLC-Ridgewood

Last Buyer's Agent

Attilio Adamo

Serhant New Jersey LLC

Serhant New Jersey LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,944

Year Built

  • 1994

Lot Details

  • 9,235

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • T. Baldwin Demarest Elementary School
  • Charles De Wolf Middle School
  • Northern Valley Reg. High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Stairway

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,944

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Townhouse
  • Co List Office Phone: (551) 284-0175
  • MLS Status: Sold - Sold
  • Directions: Old Tappan to Lakeview
  • Year Built Details: 1990's,Renovated
  • PropertySubTypeAdditional: Att/Row
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Year Built: 1994

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: FINISHED W/OFFC/BONUS RM, LARGE FAM RM, PR
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Schools

  • Elementary School: T. Baldwin Demarest
  • High School: Northern Valley Reg.
  • Middle Or Junior School: Charles De Wolf M.S.
  • Elementary: T. Baldwin Demarest

Lot Info

  • Lot: 00001

MLS Schools

  • High School Text: Northern Valley Reg.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 15, 2023
Sold by
Cullen William
Bought by
Engelhardt Kristine
Seller's Agent
Diane Cookson
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Attilio Adamo
Serhant New Jersey LLC
List Price
$799,000
Sold Price
$871,000
Premium/Discount to List
$72,000
9.01%
Total Days on Market
9
Views
29
Current Estimated Value
$886,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,708
Avg. Annual Appreciation
1.19%
Original Mortgage
$449,925
Outstanding Balance
$443,285
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$443,423

Purchase Details

Closed on
Oct 6, 2023
Sold by
Cullen Timothy J
Bought by
Cullen William

Purchase Details

Closed on
Oct 4, 2023
Sold by
Cullen Family Irrevocable Trust
Bought by
Cullen Timothy J

Purchase Details

Closed on
Mar 1, 2016
Sold by
Cullen William and Cullen Kathleen
Bought by
Cullen Joseph M

Purchase Details

Closed on
Mar 29, 1999
Sold by
Brevetti Anthony and Brevetti Camille
Bought by
Cullen William and Cullen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.02%

Purchase Details

Closed on
Jun 9, 1995
Sold by
Lake Tappan Assoc
Bought by
Brevetti Anthony and Brevetti Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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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
Engelhardt Kristine $871,000 United Land Title
Cullen William -- None Listed On Document
Cullen Timothy J -- None Listed On Document
Cullen Joseph M -- Attorney
Cullen William $355,000 --
Brevetti Anthony $339,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelhardt Kristine $449,925
Previous Owner Cullen William $284,000
Previous Owner Brevetti Anthony $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $871,000 +9.0% $440 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $799,000 -- $404 / Sq Ft
Source: New Jersey 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 $11,944 $554,500 $335,000 $219,500
2023 $11,800 $554,500 $335,000 $219,500
2022 $11,800 $554,500 $335,000 $219,500
2021 $11,772 $554,500 $335,000 $219,500
2020 $11,600 $554,500 $335,000 $219,500
2019 $11,439 $554,500 $335,000 $219,500
2018 $11,206 $554,500 $335,000 $219,500
2017 $11,118 $554,500 $335,000 $219,500
2016 $10,829 $554,500 $335,000 $219,500
2015 $10,657 $554,500 $335,000 $219,500
2014 $10,375 $554,500 $335,000 $219,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23033711

New Jersey MLS

APN: 43-03000-0000-00001-0000-C0005