$375,000
SOLD OCT 17, 2024

83 Lake Dr Stanhope, NJ 07874

3 Beds
1 Bath
973 Sq Ft
0.27 Acres

Recently Sold

$385 Per Sq Ft

29% Below List Price

70 Days on Market

About This Home

As of October 2024

This home is located at 83 Lake Dr, Stanhope, NJ 07874 and is currently priced at $375,000, approximately $385 per square foot. This property was built in 1940. 83 Lake Dr is a home located in Sussex County with nearby schools including Byram Lakes Elementary School, Byram Township Intermediate School, and Lenape Val Regional High School.

Last Agent to Sell the Property

Michelle Furfero

RE/MAX PLATINUM GROUP Brokerage Phone: 973-726-5700 Listed on: 06/28/2024

RE/MAX PLATINUM GROUP

Last Buyer's Agent

PHILIP BARONE

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,566

Year Built

  • Built in 1940

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,566

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Sussex
  • Street Number Display: 83
  • I D: 5297457
  • Modified: 2025-05-07
  • Number Images: 1
  • Attribution Contact: 973-726-5700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .271 AC
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 16, 2024
Sold by
Cornell Francis M and Cornell Pamela
Bought by
Lanzano Peter A
Seller's Agent
Michelle Furfero
RE/MAX PLATINUM GROUP
Buyer's Agent
PHILIP BARONE
REALTY EXECUTIVES EXCEPTIONAL
List Price
$525,000
Sold Price
$375,000
Premium/Discount to List
-$150,000
-28.57%
Views
79
Current Estimated Value
$398,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,584
Avg. Annual Appreciation
1.83%

Purchase Details

Listed on
Feb 15, 2020
Closed on
Jul 29, 2020
Sold by
Mulligan Eugene
Bought by
Cornell Francis M
Seller's Agent
Barbara Kelly
RE/MAX HERITAGE PROPERTIES
Buyer's Agent
Barbara Kelly
RE/MAX HERITAGE PROPERTIES
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$270,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 Cornerstone Title & Settlement
Deed $285,000 Aston Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,750 New Conventional
Previous Owner $145,000 Credit Line Revolving
Previous Owner $83,010 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $375,000 -7.4% $385 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $405,000 -8.0% $416 / Sq Ft
08/02/2024 08/02/24 Price Changed $440,000 -12.0% $452 / Sq Ft
07/18/2024 07/18/24 Price Changed $499,999 -4.8% $514 / Sq Ft
06/28/2024 06/28/24 For Sale $525,000 +84.2% $540 / Sq Ft
07/29/2020 07/29/20 Sold $285,000 0.0% $293 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
05/15/2020 05/15/20 Price Changed $285,000 -3.4% $293 / Sq Ft
03/02/2020 03/02/20 Price Changed $295,000 -3.3% $303 / Sq Ft
02/15/2020 02/15/20 For Sale $305,000 -- $313 / 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 $8,566 $227,700 $152,000 $75,700
2023 $8,566 $227,700 $152,000 $75,700
2022 $8,334 $227,700 $152,000 $75,700
2021 $8,206 $227,700 $152,000 $75,700
2020 $8,138 $227,700 $152,000 $75,700
2019 $8,127 $227,700 $152,000 $75,700
2018 $8,072 $227,700 $152,000 $75,700
2017 $7,931 $227,700 $152,000 $75,700
2016 $7,799 $227,700 $152,000 $75,700
2015 $7,603 $227,700 $152,000 $75,700
2014 $7,562 $227,700 $152,000 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3910511

Garden State MLS

APN: 04-00249-0000-00073