$585,000
SOLD NOV 27, 2024
4 Beds
2 Baths
2,780 Sq Ft
0.39 Acres

Recently Sold

$210 Per Sq Ft

2% Below List Price

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • Partially Wooded Lot
  • Fishing Allowed
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2024

Finally! Now's your chance to own this highly desired luxury lakefront home in Lake Gilman. Located in Elk Twp, Gloucester County, NJ just one exit down (Rte 55) from Mullica Hill. Prepare yourself to be impressed and fall in love this gorgeous 4 bedroom, two full bath home w walk out basement offering additional living space. Approximately 3000+/- sq. ft of living space offering panoramic views of the lake. As you enter the home through the sunroom w slate flooring and you will be captivated by the large windows offering natural light and views of the lake. The living room is inviting and cozy w it's own fireplace and over looking the lake. Hardwoods and ceramic floors throughout the first floor. The kitchen is a chef's dream w stainless appliances, newer cabinetry, and quartz counter tops and kitchen island ideal for informal meals. Or, if you'd prefer, there's a formal dining room adjacent to the kitchen. With the first floor open floor plan, you and your guests can relax after dinner while watching the sun set in the great room also overlooking the lake. There are 3 bedrooms on the first floor w a shared full bath in the hallway. Each bedroom offers ample closet space and hardwood floors. The 4th (primary bedroom) located the lower level has a claw foot tub and separate stall shower, walk in closet w plenty of space, fireplace and private access to the large deck overlooking the lake. In addition, there is a nicely sized sitting room and laundry area. The basement has carpet and ceramic tile floors. Also on the lower level you will find another separate area offering plenty of space for a workshop or additional storage. Once outside you will notice the lovely gardens and deck while making your way to the water. Relax on the deck, go for a swim, even ice skate off your bulkhead. Or kayak to your neighbor's house for dinner. An added convenience after a day of swimming or kayaking is the private enclosed outdoor shower. New well, roof and air conditioner in 2019. The lake community is very family-oriented ranging from old fashioned pancake breakfasts, covered dish suppers, to the legendary Lake Gilman Day. This property and community has so much to offer! Create lasting memories! Schedule your private showing today! Lake Gilman Owners Inc has annual dues of $980 per year. In addition, there is a bond payment of $5000 due at closing. Motor/electric or gas boats not permitted. Homeowner owns the land. Flood insurance not required. ++No short-term rentals or Airbnb permitted++

Last Agent to Sell the Property

Kirsten Oravec-Sullivan

HomeSmart First Advantage Realty License #1326483

HomeSmart First Advantage Realty

Last Buyer's Agent

Michael Fitzpatrick

Keller Williams Real Estate Tri-County License #RS276083

Keller Williams Real Estate Tri-County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,870

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped
  • Level Lot
  • Partially Wooded Lot
  • Back and Side Yard
  • Property is in excellent condition
  • Property is zoned RE

HOA Fees

  • $82 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • 2 Fireplaces
  • Finished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • Gravel Driveway

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Water Access
  • Property is near a lake
  • Bulkhead

Schools

  • Aura Elementary School
  • Delsea Regional Middle School
  • Delsea Regional High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 00069
  • Assessor Parcel Number 04-00023-00069

Community Details

Overview

  • Lake Gilman Owners Inc HOA
  • Lake Gilman Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,870

Year Built

Built in 1960

Lot Details

0

HOA Fees

$82 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Raised Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-09-16
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Finally! Now's your chance to own this highly desired luxury lakefront home in Lake Gilman. Located in Elk Twp, Gloucester County, NJ just one exit down (Rte 55) from Mullica Hill. Prepare yourself to be impressed and fall in love this gorgeous 4 bedroom, two full bath home w walk out basement offering additional living space. Approximately 3000+/- sq. ft of living space offering panoramic views of the lake. As you enter the home through the sunroom w slate flooring and you will be captivated by the large windows offering natural light and views of the lake. The living room is inviting and cozy w it's own fireplace and over looking the lake. Hardwoods and ceramic floors throughout the first floor. The kitchen is a chef's dream w stainless appliances, newer cabinetry, and quartz counter tops and kitchen island ideal for informal meals. Or, if you'd prefer, there's a formal dining room adjacent to the kitchen. With the first floor open floor plan, you and your guests can relax after dinner while watching the sun set in the great room also overlooking the lake. There are 3 bedrooms on the first floor w a shared full bath in the hallway. Each bedroom offers ample closet space and hardwood floors. The 4th (primary bedroom) located the lower level has a claw foot tub and separate stall shower, walk in closet w plenty of space, fireplace and private access to the large deck overlooking the lake. In addition, there is a nicely sized sitting room and laundry area. The basement has carpet and ceramic tile floors. Also on the lower level you will find another separate area offering plenty of space for a workshop or additional storage. Once outside you will notice the lovely gardens and deck while making your way to the water. Relax on the deck, go for a swim, even ice skate off your bulkhead. Or kayak to your neighbor's house for dinner. An added convenience after a day of swimming or kayaking is the private enclosed outdoor shower. New well, roof and air conditioner in 2019. The lake community is very family-oriented ranging from old fashioned pancake breakfasts, covered dish suppers, to the legendary Lake Gilman Day. This property and community has so much to offer! Create lasting memories! Schedule your private showing today! Lake Gilman Owners Inc has annual dues of $980 per year. In addition, there is a bond payment of $5000 due at closing. Motor/electric or gas boats not permitted. Homeowner owns the land. Flood insurance not required. ++No short-term rentals or Airbnb permitted++
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Partially Carpeted, Hardwood, Ceramic Tile
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished
  • Total Sq Ft: 2780
  • Living Area Sq Ft: 2780
  • Price Per Sq Ft: 337.08
  • Above Grade Finished Sq Ft: 1780
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 60

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Shingle
  • View: Lake, Garden/Lawn
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Propane - Owned
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 980.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: LAKE GILMAN OWNERS INC
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ELK TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: AURA
  • Middle School: DELSEA REGIONAL M.S.
  • High School: DELSEA REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397452
  • School District Source: Listing Agent
  • Elementary School: AURA
  • High School: DELSEA REGIONAL H.S.
  • Middle Or Junior School: DELSEA REGIONAL M.S.

Lot Info

  • Lot Features: Level, Landscaping, Partly Wooded, Rear Yard, Sideyard(s), Fishing Available, Bulkheaded
  • Lot Size Acres: 0.39
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: RE

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9870.00
  • Assessor Parcel Number: 04-00023-00069
  • Tax Lot: 00069
  • Tax Total Finished Sq Ft: 1780
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/27/2024

MLS Schools

  • School District Name: ELK TOWNSHIP PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $585,000 -2.5% $210 / Sq Ft
09/12/2024 09/12/24 For Sale $600,000 -- $216 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
Source: Bright MLS

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 $9,871 $272,000 $104,500 $167,500
2023 $9,871 $272,000 $104,500 $167,500
2022 $9,991 $272,000 $104,500 $167,500
2021 $10,096 $272,000 $104,500 $167,500
2020 $10,012 $272,000 $104,500 $167,500
2019 $9,702 $272,000 $104,500 $167,500
2018 $9,523 $272,000 $104,500 $167,500
2017 $9,259 $272,000 $104,500 $167,500
2016 $9,166 $272,000 $104,500 $167,500
2015 $8,903 $272,000 $104,500 $167,500
2014 $8,495 $272,000 $104,500 $167,500
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $447,200 New Conventional
Closed $447,200 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $80,000 Adjustable Rate Mortgage/ARM
Previous Owner $40,000 Credit Line Revolving
Previous Owner $112,000 New Conventional
Previous Owner $95,400 Unknown
Previous Owner $24,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $585,000 Fidelity National Title
Deed $585,000 Fidelity National Title
Deed -- --
Source: Public Records

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Source: Bright MLS

MLS Number: NJGL2046978

Bright MLS

APN: 04-00023-0000-00069