NOT LISTED FOR SALE

59 Minnetonka Trail Medford, NJ 08055

Medford Lakes Neighborhood

Estimated Value: $474,000 - $566,000

1 Bed
1 Bath
1,392 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $245,000 $176 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,794/month

Highlights

  • 2 Car Detached Garage
  • Historic Home
  • Cabin
  • Shawnee High School Rated A-
  • Hot Water Baseboard Heater

About This Home

As of March 2021

Property Sold Strictly "AS IS"

Last Agent to Sell the Property

Carol Latti

BHHS Fox & Roach-Medford License #9697663 Listed on: 02/13/2021

BHHS Fox & Roach-Medford

Last Buyer's Agent

Carol Latti

BHHS Fox & Roach-Medford License #9697663 Listed on: 02/13/2021

BHHS Fox & Roach-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 1931

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 125.00 x 100.00
  • Historic Home
  • Property is zoned LR

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Cabin
  • Frame Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Well
  • Electric Water Heater

Community Details

  • Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00379
  • Assessor Parcel Number 21-30009-00379

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,660

Year Built

Built in 1931

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1392
  • Living Area Sq Ft: 1392
  • Price Per Sq Ft: 183.19
  • Above Grade Finished Sq Ft: 1392
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 59

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396967
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.29
  • Lot Dimensions: 125.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12500.00
  • Year Assessed: 2020
  • Zoning: LR

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6660.00
  • Assessor Parcel Number: 21-30009-00379
  • Tax Lot: 00379
  • Tax Total Finished Sq Ft: 1392
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/15/2021

MLS Schools

  • School District Name: MEDFORD LAKES BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 15, 2021
Sold by
Rife Brian W
Bought by
Barr Clifford H and Barr Kathy F
Seller's Agent
Carol Latti
BHHS Fox & Roach-Medford
Buyer's Agent
Carol Latti
BHHS Fox & Roach-Medford
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Current Estimated Value
$507,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,222
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
Feb 23, 2008
Sold by
Rife Clare E and Macnab Clare E
Bought by
Rife Brian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1999
Sold by
Mylin K Wayne and Bukowski Wendy E
Bought by
Rife Brian W and Rife Clare E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,760
Interest Rate
7.04%
Mortgage Type
VA
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
Barr Clifford H $245,000 None Listed On Document
Rife Brian W -- Equity Plus Title Agency
Rife Brian W $141,000 Executive Title & Abstract I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rife Brian W $2,271,179
Previous Owner Rife Brian W $246,500
Previous Owner Rife Brian W $137,000
Previous Owner Rife Brian W $139,481
Previous Owner Rife Brian W $140,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $245,000 -3.9% $176 / Sq Ft
02/13/2021 02/13/21 For Sale $255,000 -- $183 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
Source: Bright 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 $11,934 $313,900 $84,400 $229,500
2024 $7,190 $313,900 $84,400 $229,500
2023 $7,190 $200,000 $84,400 $115,600
2022 $7,034 $200,000 $84,400 $115,600
2021 $6,848 $200,000 $84,400 $115,600
2020 $6,660 $200,000 $84,400 $115,600
2019 $6,648 $200,000 $84,400 $115,600
2018 $6,480 $200,000 $84,400 $115,600
2017 $6,188 $200,000 $84,400 $115,600
2016 $6,034 $200,000 $84,400 $115,600
2015 $5,996 $200,000 $84,400 $115,600
2014 $5,856 $200,000 $84,400 $115,600
Source: Public Records

Agents Affiliated with this Home

  • Carol Latti

    Seller's Agent in 2021

    Carol Latti

    BHHS Fox & Roach

    (609) 410-4200

    41 in this area

    145 Total Sales

    Carol Latti
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Map

Source: Bright MLS

MLS Number: NJBL391108

Bright MLS

APN: 21-30009-0000-00379

New Jersey Burlington County Medford 08055 Medford Lakes

59 Minnetonka Trail, Medford, NJ

This home is located at 59 Minnetonka Trail, Medford, NJ 08055 since 13 February 2021 and is currently estimated at $507,222, approximately $364 per square foot. This property was built in 1931. 59 Minnetonka Trail is a home located in Burlington County with nearby schools including Nokomis School, Neeta School, and Shawnee High School.

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