NOT LISTED FOR SALE

71 Drake Ln Ledgewood, NJ 07852

Estimated Value: $406,000 - $432,306

3 Beds
2 Baths
1,446 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $250,000 $173 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,718/month

55 Days on Market

About This Home

As of July 2019

This home is located at 71 Drake Ln, Ledgewood, NJ 07852 since 27 March 2019 and is currently estimated at $418,327, approximately $289 per square foot. This property was built in 1989. 71 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Agent to Sell the Property

Karen Campo

RE/MAX TOWN & VALLEY II Brokerage Phone: 973-598-1008 Listed on: 03/27/2019

RE/MAX TOWN & VALLEY II

Last Buyer's Agent

Jennifer Vongas

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,111

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,111

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • County Name: Morris
  • I D: 4881157
  • Attribution Contact: 973-598-1008
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.23 AC
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jul 10, 2019
Sold by
Michelson Roseann and Thompson Roseann
Bought by
Knapp John and Knapp Stacy
Seller's Agent
Karen Campo
RE/MAX TOWN & VALLEY II
Buyer's Agent
Jennifer Vongas
COLDWELL BANKER REALTY
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$418,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,327
Avg. Annual Appreciation
8.42%
Original Mortgage
$187,500
Outstanding Balance
$164,267
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$254,060
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Knapp John $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp John $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $250,000 -3.8% $173 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $259,900 0.0% $180 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $259,900 -- $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 $6,111 $222,300 $90,000 $132,300
2024 $6,015 $222,300 $90,000 $132,300
2023 $6,015 $222,300 $90,000 $132,300
2022 $5,855 $222,300 $90,000 $132,300
2021 $5,855 $222,300 $90,000 $132,300
2020 $5,844 $222,300 $90,000 $132,300
2019 $5,735 $222,300 $90,000 $132,300
2018 $5,978 $138,700 $66,500 $72,200
2017 $5,946 $138,700 $66,500 $72,200
2016 $5,830 $138,700 $66,500 $72,200
2015 $5,685 $138,700 $66,500 $72,200
2014 $5,595 $138,700 $66,500 $72,200
Source: Public Records

Agents Affiliated with this Home

  • Karen Campo

    Seller's Agent in 2019

    Karen Campo

    RE/MAX

    (973) 598-1008

    4 in this area

    50 Total Sales

    Karen Campo
    Section Image
  • Jennifer Vongas

    Buyer's Agent in 2019

    Jennifer Vongas

    COLDWELL BANKER REALTY

    (973) 713-6298

    9 in this area

    56 Total Sales

    Jennifer Vongas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3542283

Garden State MLS

APN: 36-06501-0000-00002-251

New Jersey Morris County Ledgewood 07852

71 Drake Ln, Ledgewood, NJ

Not Listed for Sale

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