NOT LISTED FOR SALE

98 Fayson Lake Rd Kinnelon, NJ 07405

Estimated Value: $980,752 - $1,152,000

4 Beds
3.5 Baths
2,655 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $675,500 $254 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,117/month

171 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Stonybrook School Rated A-
  • Recreation Room
  • Marble Flooring

About This Home

As of September 2017

Be prepared to fall in love with this young custom built exquisitely maintained and professionally upgraded designer's dream home. Special features include a grand sun filled 2 story entrance foyer. Soaring ceilings throughout including the "WOW" factor 9' ceilings in the beautifully finished walk out lower level which includes a media room, recreation room w/granite wet bar, full bathroom, large office, and large storage room. This home features an open floor plan and luxurious high end design elements including impressive Carrera marble in the newly finished master bathroom, custom architectural trim and crown molding throughout and gleaming hardwood floors. The chef's kitchen has upgraded stainless steel appliances, Viking stove, granite center island and it opens to the great room.

Last Agent to Sell the Property

JULIA MORRILL

PROMINENT PROPERTIES SIR Listed on: 02/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,079

Lot Details

  • 0.5 Acre Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Library
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Patio

Schools

  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Underground Utilities
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2315-44903-0000-00104-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,079

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 98
  • Directions: Kinnelon or Boonton to Fayson Lakes Road to #98
  • I D: 4690233
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: JULIA
  • First Name3: UNKNOWN
  • Last Name: MORRILL
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Refrigerator, OvnWGas, CookGas, Dishwasher
  • Interior Amenities: SoakTub, Bar-Wet, Security System, StallTub, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling
  • Number Rooms: 11
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Living Room, SepEnter, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Media Room
  • Other Room1 Level: Ground
  • Other Room 2: Rec Room
  • Other Room2 Level: Ground
  • Other Room 3: Office
  • Other Room3 Level: Ground
  • Other Room 4: Storage Room
  • Other Room4 Level: Ground
  • Level 1 Rooms: Laundry Room, Library, Dining Room, Great Room, Entrance Vestibule, Powder Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: Utility Room, Office, Walkout, Storage Room, Exercise Room, Bath(s) Other, Rec Room
  • Phone: 201-848-4002

Exterior Features

  • Exterior Description: Stucco, Vinyl Siding
  • Exterior Features: Patio, Storm Door(s), Storm Window(s), Deck
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic 4 Bedroom Town Verified, Septic
  • Utilities: All Underground
  • Water: Well

Schools

  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 0.50 AC
  • Assessed Improvement Value: 462400
  • Assessed Land Value: 180000
  • Assessment: 642400
  • Easement: Unknown
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 104
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.50

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16079
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-44903-0000-00104-0000-
  • Tax Rate Amount: 3.251
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Sep 18, 2017
Sold by
Shook Jan and Shook Karen
Bought by
Cede Cheeran Rajan Cede and Cede Yussaf Shiraz
Seller's Agent
JULIA MORRILL
PROMINENT PROPERTIES SIR
List Price
$789,900
Sold Price
$675,500
Premium/Discount to List
-$114,400
-14.48%
Current Estimated Value
$1,053,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,438
Avg. Annual Appreciation
4.66%
Original Mortgage
$636,000
Outstanding Balance
$530,668
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$441,907

Purchase Details

Closed on
Apr 13, 2005
Sold by
Hotsenpiller Phillip
Bought by
Shook Jan and Shook Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2000
Sold by
Wcj Development Llc
Bought by
Hotsenpiller Phillip W and Hotsenpiller Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
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
Cede Cheeran Rajan Cede $675,500 Multiple
Shook Jan $815,000 --
Hotsenpiller Phillip W $449,900 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cede Cheeran Rajan Cede $636,000
Previous Owner Shook Jan J $139,500
Previous Owner Shook Jan $444,000
Previous Owner Shook Jan $469,000
Previous Owner Shook Jan $492,662
Previous Owner Shook Jan $530,000
Previous Owner Shook Jan $560,000
Previous Owner Shook Jan $214,250
Previous Owner Shook Jan $500,000
Previous Owner Hotsenpiller Phillip W $359,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $675,500 -14.5% $254 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $789,900 -- $298 / 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
2025 $18,610 $642,400 $180,000 $462,400
2024 $18,225 $642,400 $180,000 $462,400
2023 $18,225 $642,400 $180,000 $462,400
2022 $17,326 $642,400 $180,000 $462,400
2021 $17,326 $642,400 $180,000 $462,400
2020 $17,004 $642,400 $180,000 $462,400
2019 $16,612 $642,400 $180,000 $462,400
2018 $16,272 $642,400 $180,000 $462,400
2017 $15,996 $642,400 $180,000 $462,400
2016 $16,079 $494,600 $153,000 $341,600
2015 $15,441 $494,600 $153,000 $341,600
2014 $15,179 $494,600 $153,000 $341,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3365862

Garden State MLS

APN: 15-44903-0000-00104