NOT LISTED FOR SALE

723 Lake Dr Lawrence Township, NJ 08648

Estimated Value: $493,000 - $519,000

3 Beds
1.5 Baths
1,561 Sq Ft
$326/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $415,000 $266 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,438/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Bay Window
  • Lawrence High School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Colonial Lake Park

About This Home

As of September 2021

Check out this charming move-in ready Colonial 2-story home sitting on a corner lot that includes 3 bedrooms located in Lawrence Township, New Jersey. Overlooking the lake, tennis court, playground, and jogging path, this home is a great investment opportunity for a first time home buyer or for owner occupant. Step into the bright and spacious living room complete with sofa set, center table, stone fireplace, bookshelves, and hardwood flooring all to provide a cozy home. Heading further will lead you to the dining room featuring a modern dining set, an overhead chandelier, wooden cabinet for storage and an access door leading to the outside deck. This beautiful home has a spacious eat-in kitchen featuring wooden cabinets with ample storage and an access door leading to the backyard. Going upstairs, you'll find the hall that leads to three nicely sized bedrooms, all with hardwood flooring and large windows that allow for natural light. The property has 1 full bathroom on the upper level with a vanity mirror and a half bath on the lower level both with painted wooden cabinets for storage. Another feature is a sizable partially-finished basement. The exterior of the property features a paved walkway and a professionally landscaped lawn leading to the house. As you step outside, you will find a spacious backyard that leads to the 2 car detached garage. This home has the perfect location with just a few minutes away from shopping and dining.

Last Agent to Sell the Property

Stefanie Prettyman

Real Broker, LLC License #1325999 Listed on: 07/08/2021

Real Broker, LLC

Last Buyer's Agent

NON MEMBER

NONMEM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,476

Year Built

  • Built in 1940

Lot Details

  • 8,700 Sq Ft Lot
  • Lot Dimensions are 58.00 x 150.00
  • Property is in excellent condition
  • Property is zoned R-4

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,561 Sq Ft Home
  • Property has 2 Levels
  • Vinyl Wall or Ceiling
  • Bay Window
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lawrence High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Colonial Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00025
  • Assessor Parcel Number 07-01609-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,476

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Excluded items are the living room ceiling fan, dining room chandelier, washer. The dryer is negotiable as it is 1 month old.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Check out this charming move-in ready Colonial 2-story home sitting on a corner lot that includes 3 bedrooms located in Lawrence Township, New Jersey. Overlooking the lake, tennis court, playground, and jogging path, this home is a great investment opportunity for a first time home buyer or for owner occupant. Step into the bright and spacious living room complete with sofa set, center table, stone fireplace, bookshelves, and hardwood flooring all to provide a cozy home. Heading further will lead you to the dining room featuring a modern dining set, an overhead chandelier, wooden cabinet for storage and an access door leading to the outside deck. This beautiful home has a spacious eat-in kitchen featuring wooden cabinets with ample storage and an access door leading to the backyard. Going upstairs, you'll find the hall that leads to three nicely sized bedrooms, all with hardwood flooring and large windows that allow for natural light. The property has 1 full bathroom on the upper level with a vanity mirror and a half bath on the lower level both with painted wooden cabinets for storage. Another feature is a sizable partially-finished basement. The exterior of the property features a paved walkway and a professionally landscaped lawn leading to the house. As you step outside, you will find a spacious backyard that leads to the 2 car detached garage. This home has the perfect location with just a few minutes away from shopping and dining.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Features: Bay/Bow
  • Wall Ceiling Types: Vinyl
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Half Bath
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1561
  • Living Area Sq Ft: 1561
  • Price Per Sq Ft: 243.43
  • Above Grade Finished Sq Ft: 1561
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 723

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • High School: LAWRENCE
  • High School Source: Listing Agent
  • School District Key: 300200397290
  • School District Source: Listing Agent
  • High School: LAWRENCE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 168600.00
  • Land Assessed Value: 89000.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 58.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8700.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2020
  • Zoning: R-4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2128301
  • Tax Annual Amount: 7476.00
  • Assessor Parcel Number: 07-01609-00025
  • Tax Lot: 00025
  • Tax Total Finished Sq Ft: 1561
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/07/2021

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 1, 2021
Sold by
Richardsen Susan I
Bought by
Mann Beverly K
Seller's Agent
Stefanie Prettyman
Real Broker, LLC
Buyer's Agent
NON MEMBER
NONMEM
List Price
$380,000
Sold Price
$415,000
Premium/Discount to List
$35,000
9.21%
Current Estimated Value
$508,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,881
Avg. Annual Appreciation
5.53%
Original Mortgage
$275,000
Outstanding Balance
$252,604
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$261,013

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 17, 2019
Sold by
Roslon James
Bought by
Richardsen Susan I
Seller's Agent
Christine Isaksen
Keller Williams Realty - Medford
Buyer's Agent
Teresa Trigas-Pfefferle
Haven Real Estate Collective
List Price
$323,000
Sold Price
$326,150
Premium/Discount to List
$3,150
0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$308,342
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Roslon Melinda
Bought by
Roslon James

Purchase Details

Closed on
Sep 23, 1998
Sold by
Spoth Thomas
Bought by
Roslon James and Roslon Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Mann Beverly K $415,000 Emerald Title Agency Llc
Richardsen Susan I $326,150 None Available
Roslon James -- None Available
Roslon James $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mann Beverly K $275,000
Previous Owner Richardsen Susan I $315,000
Previous Owner Richardsen Susan I $308,342
Previous Owner Roslon James $113,099
Previous Owner Roslon James $152,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $415,000 +9.2% $266 / Sq Ft
07/08/2021 07/08/21 For Sale $380,000 +16.5% $243 / Sq Ft
05/17/2019 05/17/19 Sold $326,150 +1.0% $209 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $323,000 -- $207 / Sq Ft
Source: Bright 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 $7,980 $257,600 $89,000 $168,600
2024 $7,821 $257,600 $89,000 $168,600
2023 $7,821 $257,600 $89,000 $168,600
2022 $7,679 $257,600 $89,000 $168,600
2021 $7,581 $257,600 $89,000 $168,600
2020 $7,476 $257,600 $89,000 $168,600
2019 $6,833 $238,500 $89,000 $149,500
2018 $6,678 $238,500 $89,000 $149,500
2017 $6,647 $238,500 $89,000 $149,500
2016 $6,549 $238,500 $89,000 $149,500
2015 $6,368 $238,500 $89,000 $149,500
2014 $6,249 $238,500 $89,000 $149,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2001472

Bright MLS

APN: 07-01609-0000-00025