NOT LISTED FOR SALE

504 Terrace Dr Highland Lakes, NJ 07422

Estimated Value: $358,000 - $472,092

3 Beds
2.5 Baths
1,889 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $146,750 $78 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,792/month

54 Days on Market

Highlights

  • Custom Home
  • Lake Privileges
  • Wooded Lot
  • Lake View
  • Clubhouse
  • Eat-In Kitchen

About This Home

As of January 2017

Highland Lakes Presents, features - 3 Bedrooms, 2.5 Baths, Kitchen, Dining Room, Living Room, basement, rear patio to enjoy.. convenient location to area schools, shopping & roads plus Highland Lakes has much to offer residents, swimming , boating, hiking trails and more ..

Last Agent to Sell the Property

Russell Jack Beierle

PINNACLE REALTY ASSOCIATES LLC Listed on: 06/02/2016

Last Buyer's Agent

Laura Alexis

THE CORONATO REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 1950

Lot Details

  • 0.56 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Lake Privileges

Utilities

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

Community Details

  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 2822-00200-0005-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,207

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Cape Cod, Custom Home
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Standing
  • County Name: Sussex
  • Exclusions: PROPERTY NOT A SHORT SALE.
  • Street Number Display: 504
  • Directions: Breakneck to Homestead to Terrace Dr
  • I D: 4631353
  • Modified: 2021-09-23
  • Number Images: 3
  • Section Subdiv Development: Highland Lakes
  • First Name: RUSSELL JACK A
  • First Name3: LAURA
  • Last Name: BEIERLE JR
  • Last Name3: ALEXIS
  • Office Phone: 973-729-6802
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 3
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Partial
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 16x12
  • Living Room Dim: 21x16
  • Phone: 973-729-6802

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbOut
  • Heating: Forced Hot Air
  • Sewer: Septic
  • Utilities: Gas-Propane, Electric
  • Water: Well

Condo/Co-op/Association

  • Amenities: Club House, Lake Privileges

Lot Info

  • Lot Size: .56 AC
  • Assessed Improvement Value: 126800
  • Assessed Land Value: 111200
  • Assessment: 238000
  • Easement: Unknown
  • Lot Description: Lake/Water View, Wooded Lot, Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.56

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6207
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00200-0005-00007-0000-
  • Tax Rate Amount: 2.608
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jan 18, 2017
Sold by
Bayview Loan Servicing
Bought by
Shortway Derek and Shortway Taylor
Seller's Agent
Russell Jack Beierle
PINNACLE REALTY ASSOCIATES LLC
Buyer's Agent
Laura Alexis
THE CORONATO REALTY GROUP
List Price
$157,900
Sold Price
$146,750
Premium/Discount to List
-$11,150
-7.06%
Current Estimated Value
$409,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,523
Avg. Annual Appreciation
12.79%
Original Mortgage
$128,968
Outstanding Balance
$107,821
Interest Rate
4.12%
Estimated Equity
$305,709

Purchase Details

Closed on
May 28, 2015
Sold by
Vitale Vitale Thomas J Thomas J and Vitale Melissa
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 21, 2009
Sold by
Tett Alfred J
Bought by
Vitale Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Interest Rate
5.01%
Mortgage Type
FHA
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
Shortway Derek -- --
Bayview Loan Servicing Llc -- None Available
Vitale Thomas J $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shortway Derek $128,968
Closed Shortway Derek --
Previous Owner Vitale Thomas J $223,850
Previous Owner Tett Alfred J $150,000
Previous Owner Tett Alfred J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2017 01/11/17 Sold $146,750 -7.1% $78 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $157,900 -- $84 / 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
2024 $7,445 $294,700 $155,100 $139,600
2023 $7,445 $287,100 $150,100 $137,000
2022 $7,231 $256,500 $125,100 $131,400
2021 $7,003 $222,800 $97,500 $125,300
2020 $6,751 $215,700 $92,500 $123,200
2019 $6,707 $238,000 $111,200 $126,800
2018 $6,409 $238,000 $111,200 $126,800
2017 $6,238 $238,000 $111,200 $126,800
2016 $6,228 $238,000 $111,200 $126,800
2015 $6,207 $238,000 $111,200 $126,800
2014 $6,264 $238,000 $111,200 $126,800
Source: Public Records

Agents Affiliated with this Home

  • Russell Jack Beierle

    Seller's Agent in 2017

    Russell Jack Beierle

    PINNACLE REALTY ASSOCIATES LLC

    (973) 729-6802

    17 in this area

    111 Total Sales

    Russell Jack Beierle
    Section Image
  • Laura Alexis

    Buyer's Agent in 2017

    Laura Alexis

    THE CORONATO REALTY GROUP

    (551) 486-7543

    74 in this area

    123 Total Sales

    Laura Alexis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3311543

Garden State MLS

APN: 22-00200-05-00007

New Jersey Sussex County Highland Lakes 07422

504 Terrace Dr, Highland Lakes, NJ

This home is located at 504 Terrace Dr, Highland Lakes, NJ 07422 since 02 June 2016 and is currently estimated at $409,273, approximately $216 per square foot. This property was built in 1950. 504 Terrace Dr is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

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