NOT LISTED FOR SALE

54 Indian Spring Rd Budd Lake, NJ 07828

Estimated Value: $807,000 - $879,720

4 Beds
4.5 Baths
3,342 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $485,000 $145 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,770/month

107 Days on Market

Highlights

  • 1 Acre Lot
  • Colonial Architecture
  • Recreation Room
  • Mount Olive High School Rated A
  • Deck
  • Wooded Lot

About This Home

As of February 2018

IMMACULATE CH Colonial nestled on 1 acre privacy backs to woods in desirable neighb'd! Spacious 4 BR, 2.5 BA + IN-LAW SUITE on lower level in move-in condition! Fabulous Kitchen, formal living rm & dining rm, 1st floor study, family rm w/ WB fireplace, hardwood flooring, light, bright & neutral tones throughout. Second level Master Bedroom w/ tray ceiling, walk-in closets, sumptuous bath, 3 additional bedrooms, full bath, Bonus Rm/Leisure Rm great for relaxing! Full finished walkout basement with living rm, kitchen, bathroom, laundry, recreation rm with sliders to private yard & nature views great for entertaining! You will fall in love with this beautiful home!

Last Agent to Sell the Property

Sharon Caruso

RE/MAX HERITAGE PROPERTIES Listed on: 10/25/2017

Last Buyer's Agent

Debra Burke

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,542

Year Built

  • Built in 2001

Lot Details

  • 1 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Home Gym
  • Attic Fan
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Sandshore Elementary School
  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Water Softener Leased
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2327-01801-0000-00006-0004-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,542

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2001
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Washer, dryer, fridge upstairs + washer/dryer downstairs negotiable
  • Directions: Rt 46 W, R on Smithtown, R Indian Spring, bear left up hill # 54
  • I D: 4755465
  • Section Subdiv Development: Greentree
  • First Name: SHARON K.
  • First Name3: DEBRA
  • Last Name: CARUSO
  • Last Name3: BURKE
  • Office Phone: 973-598-1700
  • Office Phone3: 908-879-3344
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, CookGas, Satellite Dish/Antenna, Dishwasher, Self Cleaning Oven, Water Softener-Rnt, Microwave Oven
  • Interior Amenities: JacuzTyp, Walk-In Closet, Fire Alarm Sys, StallTub, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: Laundry Room, Office, Outside Entrance, Living Room, Exercise Room, Bath(s) Other, Kitchen, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Kitchen, Living Room, Den, SepEnter, Full Bath
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 23x19
  • Kitchen Level: First
  • Living Room Dim: 15x13
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 19x12
  • Other Room1 Level: Second
  • Other Room 2: Exercise Room
  • Other Room2 Dim: 18x12
  • Other Room2 Level: Basement
  • Other Room 3: Rec Room
  • Other Room3 Dim: 16x15
  • Other Room3 Level: Basement
  • Other Room 4: Kitchen
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Den, Living Room, Dining Room, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, Leisure, 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 973-598-1700

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Curbs, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Attic Fan, Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Private, Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Schools

  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 1.00 AC
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.00
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15542
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-01801-0000-00006-0004-
  • Tax Rate Amount: 3.111
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Sandshore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Nguyen Hong X and Nguyen Annie Thao
Bought by
Nguyen Hong X and Nguyen Thi Hong
Current Estimated Value
$842,634

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 28, 2018
Sold by
Swenson David W and Swenson Amy L
Bought by
Nguyen Hong X and Nguyen Annie Thao
Seller's Agent
Sharon Caruso
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
Debra Burke
COLDWELL BANKER REALTY
List Price
$509,900
Sold Price
$485,000
Premium/Discount to List
-$24,900
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Dec 24, 2001
Sold by
Gordon Johansen Inc
Bought by
Swenson Dave and Swenson Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.15%

Purchase Details

Closed on
Dec 28, 2000
Sold by
The Vizzoni Group Inc
Bought by
Gordon Johansen Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.69%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Hong X -- Nrt Title Agency Llc
Nguyen Vam T -- Wfg National Title
Nguyen Hong X $485,000 Nrt Title Agency Llc
Nguyen Hong X $485,000 None Available
Swenson Dave $400,000 --
Gordon Johansen Inc $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swenson Dave $352,000
Previous Owner Gordon Johansen Inc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $485,000 -4.9% $145 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $509,900 -- $153 / 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 $16,885 $484,500 $146,300 $338,200
2024 $15,926 $484,500 $146,300 $338,200
2023 $15,926 $484,500 $146,300 $338,200
2022 $16,270 $484,500 $146,300 $338,200
2021 $16,270 $484,500 $146,300 $338,200
2020 $16,051 $484,500 $146,300 $338,200
2019 $15,998 $484,500 $146,300 $338,200
2018 $15,843 $484,500 $146,300 $338,200
2017 $15,567 $484,500 $146,300 $338,200
2016 $15,073 $484,500 $146,300 $338,200
2015 $15,426 $484,500 $146,300 $338,200
2014 $15,441 $484,500 $146,300 $338,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3426973

Garden State MLS

APN: 27-01801-0000-00006-04