NOT LISTED FOR SALE

91 Skyline Lake Dr Ringwood, NJ 07456

Estimated Value: $481,000 - $493,851

2 Beds
1.5 Baths
806 Sq Ft
$602/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $411,111 $510 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,439/month

21 Days on Market

Highlights

  • Lake Front
  • Baseboard Heating
  • 5-minute walk to Skyline Lakes Beach
  • Docks
  • Rectangular Lot

About This Home

As of May 2022

Less than an hour from NYC and sitting upon the pristine Skyline Lake is this manageable two-bedroom lakefront home with dock. Enjoy all that the lake offers with swimming, fishing, electric boating, beach club, community center and so many activities available. Saunter onto the covered rocking chair porch and enter into the skylight-lit large hardwood floored LR along with 2 bedrooms and a full bath. The sunlit filled MEIK with breakfast nook and SS appliances leads to the sliding doors that open to the full-length oversized deck with tiki-style bar that overlooks the tranquil waterfront backyard with dock, firepit and serene calming lake breezes. The lower level features a large bonus room with natural gas fireplace along with a half bath, storage room, utility/laundry room and walls of closets. Two additional sheds are ideal for storing kayaks, boats, etc. A new septic was recently installed.

Last Agent to Sell the Property

Chopper Russo

RE/MAX SELECT - Oakland Listed on: 01/12/2022

RE/MAX SELECT - Oakland

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,844

Lot Details

  • 8,220 Sq Ft Lot
  • Lake Front
  • Rectangular Lot

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Eleanor G. Hewitt Elementary School
  • Ryerson Middle School
  • Lakeland High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Docks

Listing and Financial Details

  • Legal Lot and Block 00010 / 00741

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,844

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 337-6600
  • MLS Status: Sold - Sold
  • Directions: Skyline Drive to High Mountain to Skyline Lake
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Basement Remarks: Large bonus room/fpl, half bath, utility/laundry, storage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Dock, Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: washer & dryer, both refrigerators
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas, Hot Water

Schools

  • Elementary School: Eleanor G. Hewitt
  • High School: Lakeland
  • Middle Or Junior School: Ryerson
  • Elementary: Eleanor G. Hewitt

Lot Info

  • Lot Size Sq Ft: 8220.0

Tax Info

  • Tax Annual Amount: 9844.0
  • Tax Block: 00741
  • Tax Lot: 00010

MLS Schools

  • High School Text: Lakeland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
May 2, 2022
Sold by
Banta Jonathan M and Banta Cory J
Bought by
Wali Ibad and Aburomi Siureen
Seller's Agent
Chopper Russo
RE/MAX SELECT - Oakland
Buyer's Agent
Outside Agent
Outside Office
List Price
$350,000
Sold Price
$411,111
Premium/Discount to List
$61,111
17.46%
Current Estimated Value
$485,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,352
Avg. Annual Appreciation
4.78%
Original Mortgage
$308,333
Outstanding Balance
$288,470
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$196,993

Purchase Details

Closed on
Jul 8, 2005
Sold by
Olivetti Marc T
Bought by
Banta Jonathan M and Petrillo Cory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
5.67%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Wilkisson Timothy E
Bought by
Olivetti Marc T and Olivetti Marybeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wali Ibad $411,111 Associated Title
Wali Ibad $411,111 Associated Title
Banta Jonathan M $350,000 --
Olivetti Marc T $170,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wali Ibad $308,333
Closed Wali Ibad $308,333
Previous Owner Banta Jonathan M $327,750
Previous Owner Olivetti Marc T $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $411,111 +17.5% $510 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $350,000 -- $434 / Sq Ft
Source: New Jersey 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 $10,595 $254,500 $165,900 $88,600
2024 $10,244 $254,500 $165,900 $88,600
2022 $10,091 $254,500 $165,900 $88,600
2021 $9,956 $254,500 $165,900 $88,600
2020 $9,844 $254,500 $165,900 $88,600
2019 $9,686 $254,500 $165,900 $88,600
2018 $9,518 $254,500 $165,900 $88,600
2017 $9,302 $254,500 $165,900 $88,600
2016 $9,205 $254,500 $165,900 $88,600
2015 $8,948 $254,500 $165,900 $88,600
2014 $8,645 $254,500 $165,900 $88,600
Source: Public Records

Agents Affiliated with this Home

  • Chopper Russo

    Seller's Agent in 2022

    Chopper Russo

    RE/MAX SELECT - Oakland

    (201) 240-5200

    34 in this area

    361 Total Sales

    Chopper Russo
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 22001131

New Jersey MLS

APN: 11-00741-0000-00010

New Jersey Passaic County Ringwood 07456

91 Skyline Lake Dr, Ringwood, NJ

Not Listed for Sale

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