NOT LISTED FOR SALE

7 Village Way Unit 1 Vernon, NJ 07462

Estimated Value: $183,000 - $226,000

2 Beds
1.5 Baths
1,138 Sq Ft
$242/mo HOA Fee

Last Sold October 27, 2016

Last sale price $42,000 $37 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $1,678/month

39 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Cathedral Ceiling
  • Lake Privileges
  • Deck
  • Porch

About This Home

As of October 2016

Calling all Cash Buyers - investment opportunity in Scenic Hidden Valley - 2 Bedroom End unit with Loft, 1.5 bathrooms, needs rehab, kitchen, and serious cleanout - but has tremendous potential.

Last Agent to Sell the Property

Tiffany Kjellander

BETTER HOMES & GARDENS PORCHLIGHT Listed on: 08/20/2016

BETTER HOMES & GARDENS PORCHLIGHT

Last Buyer's Agent

Valerie Broderick

WEICHERT REALTORS

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 610

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Entrance Foyer
  • Living Room
  • Utility Room
  • Laundry Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Powder Room

Unfinished Basement

  • Walk-Out Basement
  • Crawl Space

Home Security

Outdoor Features

  • Private Pool
  • Lake Privileges
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2822-00192-0003-00001-0000-C03.1
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection, maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1983
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 7
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Cathedral Ceiling, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Crawl Space, Walkout
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: Second
  • Level 1 Rooms: Kitchen, Powder Room, Laundry Room, Foyer, Utility Room
  • Level 2 Rooms: Living Room
  • Level 3 Rooms: 1 Bedroom, Bath Main

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Open Porch(es), Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Association
  • Utilities: Electric
  • Water: Association
  • Water Heater: Electric

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts, Lake Privileges
  • Association Maintenance Fee: 242
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • High School: VERNON

Lot Info

  • Lot Size: CONDO LOT
  • Assessed Improvement Value: 55000
  • Assessed Land Value: 80000
  • Assessment: 135000
  • Easement: Unknown
  • Lot Identifier: 1
  • Lot I D Tax: *

Rental Info

  • Application Fee: 1000
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3520
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2822-00192-0003-00001-0000-C03.1
  • Tax Rate Amount: 2.608
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Wolfe and Nancy
Bought by
Wolfe Jacob
Current Estimated Value
$210,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Outstanding Balance
$98,899
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$111,581

Purchase Details

Listed on
Aug 20, 2016
Closed on
Oct 20, 2016
Sold by
Ledere Lisa Michelle
Bought by
Wolfe Mark
Seller's Agent
Tiffany Kjellander
BETTER HOMES & GARDENS PORCHLIGHT
Buyer's Agent
Valerie Broderick
WEICHERT REALTORS
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.68%

Purchase Details

Closed on
Dec 1, 1995
Sold by
Lederer James B
Bought by
Lederer Jeremy Bryant
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
Wolfe Jacob $110,000 Green Hill Title
Wolfe Mark $42,000 Fidelity National Title Ins
Lederer Jeremy Bryant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Jacob $104,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $42,000 -15.8% $37 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $49,900 -- $44 / 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 $3,837 $194,300 $115,000 $79,300
2024 $3,524 $157,200 $85,000 $72,200
2023 $3,524 $135,900 $65,000 $70,900
2022 $3,284 $116,500 $51,000 $65,500
2021 $3,457 $110,000 $51,000 $59,000
2020 $3,343 $106,800 $50,000 $56,800
2019 $3,804 $135,000 $80,000 $55,000
2018 $3,636 $135,000 $80,000 $55,000
2017 $3,538 $135,000 $80,000 $55,000
2016 $3,533 $135,000 $80,000 $55,000
2015 $3,521 $135,000 $80,000 $55,000
2014 $3,553 $172,700 $80,000 $92,700
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Kjellander

    Seller's Agent in 2016

    Tiffany Kjellander

    BETTER HOMES & GARDENS PORCHLIGHT

    (201) 378-3948

    2 in this area

    24 Total Sales

    Tiffany Kjellander
    Section Image
  • Valerie Broderick

    Buyer's Agent in 2016

    Valerie Broderick

    WEICHERT REALTORS

    (973) 670-5189

    15 in this area

    53 Total Sales

    Valerie Broderick
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3331093

Garden State MLS

APN: 22-00192-03-00001-0000-C03.1

New Jersey Sussex County Vernon 07462

7 Village Way Unit 1, Vernon, NJ

This home is located at 7 Village Way Unit 1, Vernon, NJ 07462 since 20 August 2016 and is currently estimated at $210,480, approximately $184 per square foot. This property was built in 1983. 7 Village Way Unit 1 is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

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