NOT LISTED FOR SALE

88 Espanong Rd Lake Hopatcong, NJ 07849

Estimated Value: $496,000 - $666,000

3 Beds
2 Baths
1,787 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $485,000 $271 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,033/month

30 Days on Market

About This Home

As of October 2022

This home is located at 88 Espanong Rd, Lake Hopatcong, NJ 07849 since 08 June 2022 and is currently estimated at $600,884, approximately $336 per square foot. This property was built in 1975. 88 Espanong Rd is a home located in Morris County with nearby schools including Jefferson Township Middle School and Jefferson Township High School.

Last Agent to Sell the Property

MARGARETA MELOFCHIK

EXIT NEIGHBORHOOD REALTY Brokerage Phone: 973-663-1660 Listed on: 06/08/2022

Last Buyer's Agent

TOLGA ERZENE

KELLER WILLIAMS INTEGRITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1975

Lot Details

  • 1.27 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,106

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • County Name: Morris
  • Street Number Display: 88
  • I D: 5156745
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-663-1660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 1.270 AC
  • Total Acres: 1.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Sep 19, 2022
Sold by
Zipay Living Trust
Bought by
Schmidt Corinne Rose and Hayes Ryan T
Seller's Agent
MARGARETA MELOFCHIK
EXIT NEIGHBORHOOD REALTY
Buyer's Agent
TOLGA ERZENE
KELLER WILLIAMS INTEGRITY
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%
Current Estimated Value
$600,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,884
Avg. Annual Appreciation
8.08%
Original Mortgage
$388,000
Outstanding Balance
$377,412
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$227,378

Purchase Details

Closed on
May 19, 2014
Sold by
Zipay Andrew and Zipay Martha Ann
Bought by
The Zipay Living Trust and Zipay Martha A
Source: Public Records

Range of Values:

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
Schmidt Corinne Rose $485,000 --
The Zipay Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Corinne Rose $388,000
Closed Schmidt Corinne Rose $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $485,000 -2.8% $271 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $499,000 -5.0% $279 / Sq Ft
06/08/2022 06/08/22 For Sale $525,000 -- $294 / 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 $9,106 $417,000 $136,100 $280,900
2023 $9,106 $311,200 $136,100 $175,100
2022 $8,695 $311,200 $136,100 $175,100
2021 $8,695 $311,200 $136,100 $175,100
2020 $8,549 $311,200 $136,100 $175,100
2019 $8,335 $303,200 $134,600 $168,600
2018 $8,130 $291,600 $129,500 $162,100
2017 $7,975 $281,000 $124,300 $156,700
2016 $7,591 $282,300 $124,300 $158,000
2015 $7,469 $271,300 $124,300 $147,000
2014 $7,328 $269,100 $124,300 $144,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MARGARETA MELOFCHIK

    EXIT NEIGHBORHOOD REALTY

  • T

    Buyer's Agent in 2022

    TOLGA ERZENE

    KELLER WILLIAMS INTEGRITY

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Map

Source: Garden State MLS

MLS Number: 3787846

Garden State MLS

APN: 14-00234-0000-00017-03

New Jersey Morris County Lake Hopatcong 07849

88 Espanong Rd, Lake Hopatcong, NJ

This home is located at 88 Espanong Rd, Lake Hopatcong, NJ 07849 since 08 June 2022 and is currently estimated at $600,884, approximately $336 per square foot. This property was built in 1975. 88 Espanong Rd is a home located in Morris County with nearby schools including Jefferson Township Middle School and Jefferson Township High School.

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