NOT LISTED FOR SALE

87 Lamerson Cir Budd Lake, NJ 07828

Estimated Value: $605,000 - $665,287

3 Beds
2.5 Baths
2,252 Sq Ft
$215/mo HOA Fee

Last Sold June 15, 2020

Last sale price $390,000 $173 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,653/month

53 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Mount Olive High School Rated A
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of June 2020

GORGEOUS Home is ready for a quick closing! GREAT PRICE on a Customized End Unit in upscale "Morris Chase" w/open floor plan, gorgeous upgrades, move in-condition- this is a FABULOUS OPPORTUNITY!! Expanded CUSTOMIZED model offering Fabulous gourmet Kitchen with Breakfast Bar; Separate Breakfast Room; Living/Dining Room w/gleaming wood flrs; Spacious & Sunny Family Room w/gas fireplace, Sumptuous Master Bed Suite w/Sitting Area; Spa-like Master Bath w/double vanity & Kohler soaking tub. Full Unfinished Basement with High Ceilings...offers lots of opportunity to grow! One of THE BEST LOTS in this sought after development...GORGEOUS!! MUST SEE!!

Last Agent to Sell the Property

Debra Burke

COLDWELL BANKER REALTY Listed on: 03/23/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Debra Burke

COLDWELL BANKER REALTY Listed on: 03/23/2020

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,521

Year Built

  • Built in 2012

Lot Details

  • Privacy Fence
  • Wooded Lot

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,252 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Breakfast Room
  • Family or Dining Combination
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Schools

  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2327-04411-0000-00064-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,521

Year Built

Built in 2012

Lot Details

0

HOA Fees

$215 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2012
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Drapes and curtains, washer and dryer.
  • Street Number Display: 87
  • Directions: Route 80 to Route 206 South to Flanders Netcong Rd; Left onto Flanders Rd; Right onto Elias; Right onto Lamerson
  • I D: 4972988
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Morris Chase
  • First Name: DEBRA
  • First Name3: DEBRA
  • Last Name: BURKE
  • Last Name3: BURKE
  • Office Phone: 908-879-3344
  • Office Phone3: 908-879-3344
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, StallTub, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Level: First
  • Level 1 Rooms: Bath(s) Other, Breakfast Room, Family Room, Kitchen, Laundry Room, LivDinRm, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 2252
  • Phone: 908-879-4900

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Curbs, Deck, Patio, Privacy Fence, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Kitchen Facilities, Playground, Pool-Outdoor, Storage, Tennis Courts
  • Association Maintenance Fee: 215
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Schools

  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Assessed Improvement Value: 239500
  • Assessed Land Value: 120000
  • Assessment: 359500
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot Identifier: 64
  • Lot I D Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 645
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11521
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-04411-0000-00064-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.205
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jun 12, 2020
Sold by
Folkes Brian and Folkes Caitlin
Bought by
Alexander Steven Brian and Alexander Amy Nicole
Seller's Agent
Debra Burke
COLDWELL BANKER REALTY
Buyer's Agent
Debra Burke
COLDWELL BANKER REALTY
List Price
$424,900
Sold Price
$390,000
Premium/Discount to List
-$34,900
-8.21%
Current Estimated Value
$630,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,639
Avg. Annual Appreciation
9.48%
Original Mortgage
$312,000
Outstanding Balance
$227,269
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$394,955

Purchase Details

Closed on
Sep 6, 2017
Sold by
Toll Nj Ii Lp
Bought by
Flokes Brian and Flokes Caitlin

Purchase Details

Closed on
Aug 3, 2012
Sold by
Toll Nj Ii Lp
Bought by
Folkes Brian and Ryan Caitlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,488
Interest Rate
3.67%
Mortgage Type
New Conventional
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
Alexander Steven Brian $390,000 Cornerstone Ttl & Setmnt Llc
Flokes Brian -- None Available
Folkes Brian $413,111 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Steven Brian $312,000
Previous Owner Folkes Brian $330,488
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $390,000 -4.9% $173 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $409,900 -3.5% $182 / Sq Ft
03/23/2020 03/23/20 For Sale $424,900 -- $189 / 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 $11,817 $359,500 $120,000 $239,500
2023 $11,817 $359,500 $120,000 $239,500
2022 $12,072 $359,500 $120,000 $239,500
2021 $12,072 $359,500 $120,000 $239,500
2020 $11,910 $359,500 $120,000 $239,500
2019 $11,871 $359,500 $120,000 $239,500
2018 $11,756 $359,500 $120,000 $239,500
2017 $11,551 $359,500 $120,000 $239,500
2016 $11,184 $359,500 $120,000 $239,500
2015 $11,098 $359,500 $120,000 $239,500
2014 $11,109 $359,500 $120,000 $239,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3625318

Garden State MLS

APN: 27-04411-0000-00064