NOT LISTED FOR SALE

562 Otterhole Rd West Milford, NJ 07480

Estimated Value: $325,000 - $364,000

2 Beds
1 Bath
812 Sq Ft
$429/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $211,000 $260 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,349/month

10 Days on Market

Highlights

  • Lake View
  • Cathedral Ceiling
  • Loft
  • Lake Privileges
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of March 2021

Your lake house awaits in picturesque North NJ! Bring your imagination and make this lakestyle cabin your own slice of heaven! Part of the Lindy's Lake community, this home features everything you'd want in a lake getaway. Beautiful wood-burning fireplace with rustic stone, 2 bedrooms and a loft. Laundry and utilities in basement. Great corner lot with entrance off the main street for safety and convenience. Larger than typical lot with plenty of space for a fire pit and outdoor entertaining. Close to year round activities from apple picking and skiing in Warwick, to hiking, biking, fishing, swimming and boating! Come see what living the good life can be like!

Last Agent to Sell the Property

Darcie Hunter

PROMINENT PROPERTIES SIR Listed on: 10/14/2020

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Dennis Decina

RE/MAX COUNTRY REALTY

RE/MAX COUNTRY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Family or Dining Combination
  • Loft
  • Utility Room
  • Laundry Room
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges

Schools

  • W Milford High School

Utilities

  • Heat Pump System
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2515-10811-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,969

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Style: Lakestyle, Cottage
  • Primary Style: Lakestyle
  • Subproperty Type: Single Family
  • Year Built: 1957
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 562
  • Directions: Otterhole, turn onto Seymour- driveway and entrance on Seymour
  • I D: 5024788
  • Modified: 2022-03-04
  • Number Images: 19
  • Section Subdiv Development: Lindy's Lake
  • First Name: DARCIE
  • First Name3: DENNIS
  • First Name4: LESLIE
  • Last Name: HUNTER
  • Last Name3: DECINA
  • Last Name4: ANDERSON
  • Office Phone: 973-556-3017
  • Office Phone4: 973-657-1000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Smoke Detector, TubShowr, Window Treatments
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Loft
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Kitchen, LivDinRm
  • Level 2 Rooms: Loft
  • Phone: 973-962-7007

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Under
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: Non-Surfaced

Utilities

  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Heat Pump
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Lake Privileges

Schools

  • High School: W MILFORD
  • High School: W MILFORD

Lot Info

  • Lot Size: .194 AC
  • Assessed Improvement Value: 87800
  • Assessed Land Value: 67200
  • Assessment: 155000
  • Lot Description: Corner, Lake/Water View
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5969
  • Assessor Parcel Number: 2515-10811-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.695
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 25, 2021
Sold by
Salter Samuel
Bought by
Gomes Florbela and Gomes Paulo
Seller's Agent
Darcie Hunter
PROMINENT PROPERTIES SIR
Buyer's Agent
Dennis Decina
RE/MAX COUNTRY REALTY
List Price
$200,000
Sold Price
$211,000
Premium/Discount to List
$11,000
5.5%
Current Estimated Value
$347,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,952
Avg. Annual Appreciation
11.36%
Original Mortgage
$179,350
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Grosinger Paul
Bought by
Salter Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.81%
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
Gomes Florbela $211,000 Ardent Title Group Llc
Gomes Florbela $211,000 Chicago Title
Salter Samuel $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomes Florbela $179,350
Previous Owner Salter Samuel $176,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $211,000 +5.5% $260 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $200,000 -- $246 / 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 $6,284 $155,000 $67,200 $87,800
2024 $6,316 $155,000 $67,200 $87,800
2022 $5,995 $155,000 $67,200 $87,800
2021 $5,867 $155,000 $67,200 $87,800
2020 $5,805 $155,000 $67,200 $87,800
2019 $5,727 $155,000 $67,200 $87,800
2018 $5,713 $155,000 $67,200 $87,800
2017 $5,740 $155,000 $67,200 $87,800
2016 $5,749 $155,000 $67,200 $87,800
2015 $5,682 $155,000 $67,200 $87,800
2014 $5,544 $155,000 $67,200 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3671698

Garden State MLS

APN: 15-10811-0000-00001