NOT LISTED FOR SALE

525 Upper Highland Lakes Dr Highland Lakes, NJ 07422

Estimated Value: $488,000 - $563,000

3 Beds
2 Baths
1,699 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $265,000 $156 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,627/month

21 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Deck
  • Docks
  • Clubhouse
  • Wood Burning Stove

About This Home

As of March 2020

Lake House dreams??Well, Look No Further!! This Highland Lakes Three Bedroom Two Bath Home Can Be Yours to Design as You Wish! With Gorgeous Panoramic Four Season Views, Private Yard, and Dock!! This House is Ready and Waiting For YOU!! Designed and Built in 1970, This 1700 SF Home is searching for a Buyer with a Dream. The House is Solid with GREAT BONES Featuring a Wood Burning Fireplace with Insert, Enclosed Sun Room, Full Formal Dining Room, A Master Suite Set for Luxury inc Steam Bath and Jetted Tub Overlooking Mature Greens with a Full Wall of Windows , The Most Tranquil Setting! Built with Ornate Rustic Wood Work, Sprinkler System, Vaulted Ceilings, Wrap Around Deck and Lower Level Family Room! Wired with Backup Generator too!! So Much Space to Really Use Your Imagination! Priced to Sell!

Last Agent to Sell the Property

Laura Alexis

THE CORONATO REALTY GROUP Listed on: 01/24/2020

Co-Listed By

CHERIE MAIO

COLDWELL BANKER REALTY

Last Buyer's Agent

Lindsay Corbett

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,791

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • Wooded Lot

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • 1,699 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Lake Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Additional Parking

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck

Schools

  • Vernon High School

Utilities

  • Standard Electricity
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2822-00452-0000-00004-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,791

Year Built

Built in 1970

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1970
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 525
  • Directions: Breakneck Rd to Pocasset to L on Upper Highland Lakes Dr
  • I D: 4957574
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: HIGHLAND LAKES
  • First Name: LAURA
  • First Name2: CHERIE
  • First Name3: LINDSAY M
  • Last Name: ALEXIS
  • Last Name2: MAIO
  • Last Name3: CORBETT
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Insert, Living Room, Wood Stove-Freestanding
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Generator-Built-In, Range/Oven-Electric, Refrigerator, Trash Compactor
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, JacuzTyp, Skylight, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Bidet, Jetted Tub, Steam
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Basement Level Rooms: Family Room, Outside Entrance, Storage Room, Utility Room, Walkout, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: Basement
  • Kitchen Area: Galley Type
  • Kitchen Dim: 9x8
  • Kitchen Level: First
  • Living Room Dim: 17x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x9
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 9x5
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Dim: 16x8
  • Other Room3 Level: First
  • Other Room 4: Storage Room
  • Other Room4 Dim: 28x13
  • Other Room4 Level: Basement
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Laundry Room, Living Room, Sunroom
  • Estimated Sq Ft: 1699
  • Phone: 973-764-0900

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Dock
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Additional Parking

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: GasPropL, OilAbIn
  • Heating: Baseboard - Hotwater
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Lake Privileges, MulSport, Playground, Tennis Courts
  • Association Maintenance Fee: 1285
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: VERNON
  • High School: VERNON

Lot Info

  • Lot Size: .27 AC
  • Assessed Improvement Value: 118400
  • Assessed Land Value: 158100
  • Assessment: 276500
  • Lot Description: Lake Front, Lake/Water View, Wooded Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27

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: 7791
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00452-0000-00004-0000-
  • Tax Rate Amount: 2.818
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 26, 2020
Sold by
Colabela Deanna and Logan Joyce E
Bought by
Hervey Douglas and Annuzzi Amanda
Seller's Agent
Laura Alexis
THE CORONATO REALTY GROUP
Buyer's Agent
Lindsay Corbett
COLDWELL BANKER REALTY
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$510,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,553
Avg. Annual Appreciation
13.29%
Original Mortgage
$257,050
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2000
Sold by
Channell Earl C and Estate Of Carl T Channell
Bought by
Colabella Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.76%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Menendez Carlos A and Menendez Teresa
Bought by
Channell Carl T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
7.31%

Purchase Details

Closed on
Jun 25, 1996
Sold by
Connolly John P and Pillion Kathleen Joy
Bought by
Menendez Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.05%
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
Hervey Douglas $265,000 None Available
Colabella Deanna $195,000 --
Channell Carl T $179,900 --
Menendez Carlos A $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hervey Douglas J $262,378
Closed Hervey Douglas $257,050
Previous Owner Colabella Deanna $150,000
Previous Owner Channell Carl T $143,920
Previous Owner Menendez Carlos A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $265,000 -3.6% $156 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $275,000 -- $162 / 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 $8,855 $373,600 $206,800 $166,800
2023 $8,855 $341,500 $177,800 $163,700
2022 $8,604 $305,200 $147,800 $157,400
2021 $8,103 $257,800 $115,900 $141,900
2020 $8,401 $268,400 $109,900 $158,500
2019 $7,792 $276,500 $158,100 $118,400
2018 $7,446 $276,500 $158,100 $118,400
2017 $7,247 $276,500 $158,100 $118,400
2016 $7,236 $276,500 $158,100 $118,400
2015 $7,211 $276,500 $158,100 $118,400
2014 $7,277 $276,500 $158,100 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3611850

Garden State MLS

APN: 22-00200-01-00013