NOT LISTED FOR SALE

7 Academy Ln Budd Lake, NJ 07828

Estimated Value: $665,000 - $731,000

4 Beds
2.5 Baths
2,254 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $400,000 $177 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,891/month

24 Days on Market

Highlights

  • Custom Home
  • 0.51 Acre Lot
  • Recreation Room
  • Mount Olive High School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2016

Meticulously cared for and true pride in ownership in this 4 bed 2.1 bath colonial built in 1997. Gorgeous updated open concept kitchen features granite counters, stainless steel appliances, new cabinets, and new tile. Updated powder room and guest bath features new granite toped vanities, lighting and tile. Huge master has walk in closet, jetted tub, and shower stall. Partially finished basement set up as media room/rec room and huge commercial grade workshop. Over half and acre on quite St. provides plenty of privacy and room to play. Less than one mile from boat launch bring the convenience to enjoy all that Budd Lake has to offer. Over sized two car garage will fit a boat and full size truck.

Last Agent to Sell the Property

Jason Miess

WEICHERT REALTORS Listed on: 03/15/2016

WEICHERT REALTORS

Last Buyer's Agent

AUDREY KAFAFIAN

RE/MAX SKYLANDS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,199

Year Built

  • Built in 1997

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Flag Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Generator Hookup
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2327-02100-0000-00015-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,199

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Contemporary, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1997
  • Year Built Description: Standing
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 7
  • Directions: 46 to sand shore to academy
  • I D: 4608034
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: JASON
  • First Name3: AUDREY
  • Last Name: MIESS
  • Last Name3: KAFAFIAN
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Generator-Hookup, Refrigerator, OvnWGas, Dishwasher, Water Softener-Own, Disposal, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: StallShw, StallTub, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 12
  • 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, Jetted Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Rec Room, Workshop
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x14
  • Kitchen Level: First
  • Living Room Dim: 14x16
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 8x6
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 15x13
  • Other Room 3: Rec Room
  • Other Room3 Dim: 19x17
  • Other Room3 Level: Basement
  • Other Room 4: Workshop
  • Other Room4 Dim: 24x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: Family Room, Powder Room, Laundry Room, Dining Room, Living Room, Walkout
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 973-731-6064

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Patio, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 8
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Private
  • Water Heater: Gas

Lot Info

  • Lot Size: 0.5128 AC
  • Assessed Improvement Value: 249900
  • Assessed Land Value: 145300
  • Assessment: 395200
  • Lot Description: Flag Lot, Level Lot
  • Lot Identifier: 15.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.51

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12199
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-02100-0000-00015-0002-
  • Tax Rate Amount: 3.087
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 17, 2016
Sold by
Bergeron William E and Bergeron Cheryl A
Bought by
Doremus Phillip K and Doremus Lindsay M
Seller's Agent
Jason Miess
WEICHERT REALTORS
Buyer's Agent
AUDREY KAFAFIAN
RE/MAX SKYLANDS REAL ESTATE
List Price
$405,000
Sold Price
$400,000
Premium/Discount to List
-$5,000
-1.23%
Current Estimated Value
$705,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,923
Avg. Annual Appreciation
6.13%
Original Mortgage
$320,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1998
Sold by
Dover Green Contractors Inc
Bought by
Bergeron William E and Bergeron Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Doremus Phillip K $400,000 Westcor Land Title Insurance
Bergeron William E $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doremus Phillip K $320,000
Previous Owner Bergeron William E $191,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $400,000 -1.2% $177 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $405,000 -- $180 / 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 $13,773 $395,200 $145,300 $249,900
2024 $12,990 $395,200 $145,300 $249,900
2023 $12,990 $395,200 $145,300 $249,900
2022 $13,271 $395,200 $145,300 $249,900
2021 $13,271 $395,200 $145,300 $249,900
2020 $13,093 $395,200 $145,300 $249,900
2019 $13,050 $395,200 $145,300 $249,900
2018 $12,923 $395,200 $145,300 $249,900
2017 $12,698 $395,200 $145,300 $249,900
2016 $12,295 $395,200 $145,300 $249,900
2015 $12,583 $395,200 $145,300 $249,900
2014 $12,595 $395,200 $145,300 $249,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3289833

Garden State MLS

APN: 27-02100-0000-00015-02