NOT LISTED FOR SALE

511 Old Homestead Dr Highland Lakes, NJ 07422

Estimated Value: $325,000 - $424,000

2 Beds
2 Baths
1,242 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $290,000 $233 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,692/month

21 Days on Market

Highlights

  • Lake View
  • Ranch Style House
  • Electric Baseboard Heater
  • Deck
  • Eat-In Kitchen
  • Level Lot

About This Home

As of May 2022

This like-new 2 br + office home has been fully renovated from top to bottom. It features vaulted ceilings with recessed lights throughout the house, brand new flooring and paint, a brand new beautiful kitchen with soft close cabinets, brand new bathrooms, new roof and siding, new electrical panel, water heater, wiring, plumbing, sheetrock, insulation and a brand new oversized deck for entertaining, and new updated 2 bedroom septic. The house is walking distance from some of the best beaches highland lakes has to offer and isn't far from the clubhouse! This is your perfect WFH retreat. Enjoy everything Mountain Creek has to offer being minutes away with this great location with skiing, snow boarding, tubing and more! Don't miss your chance of living in this quiet picturesque neighborhood with seasonal lake views! Come see it now, before it's too late! Lot was not able to fit 3 br septic upgrade. Updated 2 bedroom septic. Do your due diligence to verify association dues have not changed.

Last Agent to Sell the Property

Liza Wiley

RE/MAX HERITAGE PROPERTIES Listed on: 03/22/2022

Last Buyer's Agent

ARKADY NAKHIMOVSKY

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Level Lot

HOA Fees

  • $107 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,242 Sq Ft Home
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Electric Baseboard Heater
  • Standard Electricity
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00454-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,441

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1965
  • Year Built Description: Approximate, Renovated
  • County Name: Sussex
  • Renovated Year: 2019
  • Street Number Display: 511
  • Directions: upper highland lakes dr to old homestead
  • I D: 5137453
  • Modified: 2023-05-05
  • Number Images: 22
  • Section Subdiv Development: Highland Lakes
  • First Name: LIZA
  • First Name3: ARKADY
  • Last Name: WILEY
  • Last Name3: NAKHIMOVSKY
  • Office Phone: (973) 598-1700
  • Office Phone3: 201-445-4300
  • Attribution Contact: 973-598-1700
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Dishwasher, Range/Oven-Electric
  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Crawl Space
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Kitchen, LivDinRm
  • Estimated Sq Ft: 1242
  • Phone: 973-598-1700

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Electric
  • Heating: Baseboard - Electric
  • Sewer: Septic, Septic 2 Bedroom Town Verified
  • Utilities: Electric
  • Water: Well

Condo/Co-op/Association

  • Association Maintenance Fee: 1285
  • Association Maintenance Fee Frequency: Annually

Lot Info

  • Lot Size: .28 AC
  • Assessed Improvement Value: 124400
  • Assessed Land Value: 122900
  • Assessment: 247300
  • Easement: Unknown
  • Lot Description: Lake/Water View, Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29

Rental Info

  • Application Fee: 2000
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6441
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00454-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.143
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 2, 2022
Sold by
Sunset Ridge Electrical Llc
Bought by
Nakhimovsky Arkady and Trostin Vladimir
Seller's Agent
Liza Wiley
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
ARKADY NAKHIMOVSKY
KELLER WILLIAMS VILLAGE SQUARE
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$383,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,470
Avg. Annual Appreciation
8.64%

Purchase Details

Listed on
Aug 14, 2018
Closed on
Jan 29, 2019
Sold by
U S Bank National Association
Bought by
Sunset Ridge Electrical Llc
Seller's Agent
FRANCESCA SINACORI
NEW AND MODERN GROUP
Buyer's Agent
Liza Wiley
RE/MAX HERITAGE PROPERTIES
List Price
$101,350
Sold Price
$82,501
Premium/Discount to List
-$18,849
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.76%

Purchase Details

Closed on
May 9, 2018
Sold by
Hompesch William R and Hompesch Jo Ann
Bought by
U S Bank Of N A

Purchase Details

Closed on
Jul 29, 1999
Sold by
Acito Michael J and Acito Michele A
Bought by
Hompesch William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,910
Interest Rate
7.54%
Mortgage Type
FHA
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
Nakhimovsky Arkady $290,000 Strong Johnivr
Nakhimovsky Arkady $290,000 Strong Johnivr
Sunset Ridge Electrical Llc $82,501 Fortune Title Agency Inc
U S Bank Of N A -- None Available
Hompesch William $128,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hompesch William $75,000
Previous Owner Hompesch William $256,000
Previous Owner Hompesch William $50,000
Previous Owner Hompesch William $175,500
Previous Owner Hompesch William $20,000
Previous Owner Hompesch William $126,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $290,000 +1.8% $233 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $285,000 +245.5% $229 / Sq Ft
02/13/2019 02/13/19 Sold $82,501 0.0% $66 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $82,500 -18.6% $66 / Sq Ft
08/14/2018 08/14/18 For Sale $101,350 -- $82 / 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 $6,498 $322,400 $197,900 $124,500
2024 $7,063 $266,200 $152,900 $113,300
2023 $7,063 $272,400 $147,900 $124,500
2022 $6,971 $247,300 $122,900 $124,400
2021 $6,553 $208,500 $96,400 $112,100
2020 $6,442 $205,800 $91,400 $114,400
2019 $5,216 $185,100 $105,600 $79,500
2018 $4,985 $185,100 $105,600 $79,500
2017 $4,851 $185,100 $105,600 $79,500
2016 $4,844 $185,100 $105,600 $79,500
2015 $4,827 $185,100 $105,600 $79,500
2014 $4,872 $185,100 $105,600 $79,500
Source: Public Records

Agents Affiliated with this Home

  • Liza Wiley

    Seller's Agent in 2022

    Liza Wiley

    RE/MAX

    (503) 530-6166

    2 in this area

    22 Total Sales

    Liza Wiley
    Section Image

  • A

    Buyer's Agent in 2022

    ARKADY NAKHIMOVSKY

    KELLER WILLIAMS VILLAGE SQUARE

  • F

    Seller's Agent in 2019

    FRANCESCA SINACORI

    NEW AND MODERN GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3770529

Garden State MLS

APN: 22-00200-03-00004

New Jersey Sussex County Highland Lakes 07422

511 Old Homestead Dr, Highland Lakes, NJ

This home is located at 511 Old Homestead Dr, Highland Lakes, NJ 07422 since 22 March 2022 and is currently estimated at $383,470, approximately $308 per square foot. This property was built in 1965. 511 Old Homestead 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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