NOT LISTED FOR SALE

7 Balsam Pkwy Sparta, NJ 07871

Estimated Value: $1,183,000 - $1,283,000

3 Beds
2 Baths
1,811 Sq Ft
$678/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $930,000 $514 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,357/month

13 Days on Market

Highlights

  • Lake Front
  • Docks
  • Lake Privileges
  • Sparta High School Rated A
  • Custom Home
  • Wood Flooring

About This Home

As of August 2022

LOOKING FOR THE PERFECT LAKEFRONT GETAWAY... Experience Spectacular Sunsets from the Covered Porch or the Dock of this Charming Lakestyle Home ... The Living Room with a Wall of Windows Allows a Different Picture Every Day... Set on a Quiet Parkway and Minutes away from Iconic Lake Mohawk Plaza and Boardwalk, Where you can Enjoy Boating, Fishing, Skiing, and the Many Restaurants and Quaint Shops this Lake Community has to Offer...WELCOME HOME

Last Agent to Sell the Property

DENISE KEVIL

COLDWELL BANKER REALTY Listed on: 07/15/2022

Last Buyer's Agent

LAUREN A. PARRELLA

REALTY EXECUTIVES FIRST CLASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,474

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Custom Home
  • Stone Siding
  • Composition Shingle
  • Tile

Interior Spaces

  • Skylights
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Docks
  • Lake Privileges
  • Enclosed patio or porch

Schools

  • Sparta Elementary And Middle School
  • Sparta High School

Utilities

  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2818-03023-0000-00095-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,474

Year Built

Built in 1955

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 7
  • Directions: From Plaza to East shore to Balsam Parkway
  • I D: 5164937
  • Modified: 2023-08-27
  • Number Images: 19
  • Section Subdiv Development: LAKE MOHAWK
  • First Name: DENISE
  • First Name3: LAUREN A.
  • Last Name: KEVIL
  • Last Name3: PARRELLA
  • Office Phone3: 973-305-5880
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Skylight
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Walkout
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Galley Type
  • Phone: 973-729-6111

Exterior Features

  • Exterior Description: Composition Shingle, Stone
  • Exterior Features: Dock, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit
  • Sewer: Septic
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Lake Privileges
  • Association Maintenance Fee: 1500
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: SPARTA
  • Middle School: SPARTA
  • High School: SPARTA
  • High School: SPARTA
  • Middle Jr High School: SPARTA

Lot Info

  • Lot Size: 70X166 AV LMCC
  • Assessed Improvement Value: 122500
  • Assessed Land Value: 398800
  • Assessment: 521300
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot Identifier: 95
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19

Rental Info

  • Application Fee: 4000

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17474
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2818-03023-0000-00095-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.348
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: SPARTA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Coppolo Jarod and Coppolo Samantha
Bought by
Rossin Emily and Pippa Guido
Current Estimated Value
$1,227,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$520,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$629,476

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 17, 2022
Sold by
Reder and Michele
Bought by
Coppolo Jarod and Coppolo Samantha
Seller's Agent
DENISE KEVIL
COLDWELL BANKER REALTY
Buyer's Agent
LAUREN A. PARRELLA
REALTY EXECUTIVES FIRST CLASS
List Price
$999,999
Sold Price
$930,000
Premium/Discount to List
-$69,999
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$651,000
Interest Rate
5.22%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Rivera David and Rivera Heidi
Bought by
Rivera David and Rivera Heidi

Purchase Details

Closed on
Aug 27, 2020
Sold by
Schawab Susan Lynn and Schiemer Richard J
Bought by
Reder Joshua and Reder Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Schiemer Claire
Bought by
Schiemer Claire and Schiemer Richard
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rossin Emily $1,300,000 Realsafe Title
Rossin Emily $1,300,000 Realsafe Title
Coppolo Jarod $930,000 New Title Company Name
Rivera David -- None Available
Reder Joshua $750,000 Bonafide Title Agency Llc
Schiemer Claire -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossin Emily $520,000
Closed Rossin Emily $520,000
Previous Owner Coppolo Jarod $875,000
Previous Owner Coppolo Jarod $200,000
Previous Owner Coppolo Jarod $651,000
Previous Owner Reder Joshua $600,000
Previous Owner Schiemer Claire $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $930,000 -7.0% $514 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $999,999 -- $552 / 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
2024 $18,173 $521,300 $398,800 $122,500
2023 $18,173 $521,300 $398,800 $122,500
2022 $17,735 $521,300 $398,800 $122,500
2021 $17,453 $521,300 $398,800 $122,500
2020 $17,724 $521,300 $398,800 $122,500
2019 $17,265 $521,300 $398,800 $122,500
2018 $16,901 $521,300 $398,800 $122,500
2017 $16,692 $521,300 $398,800 $122,500
2016 $16,051 $521,300 $398,800 $122,500
2015 $15,185 $396,900 $269,800 $127,100
2014 $14,935 $396,900 $269,800 $127,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3796350

Garden State MLS

APN: 18-03023-0000-00095