Check Availability

11 Flanders Road

11 Flanders Road, Budd Lake, NJ 07828
Property in Morris
Sold Jun 24, 2021
$367,500
$348,570 by Bank Of America Na
Mortgage Due Apr 01, 2051
Sold Feb 21, 2019
$210,000
$238,065 by Family First Funding Llc
Mortgage Due Mar 01, 2049
11 Flanders Road has been categorized by the local assessors in Budd Lake, NJ as a residential type of property. The building on the property was first built in 1964 and is 60 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 11 Flanders Road has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 15,002 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11 Flanders Road sold most recently in Feb 22, 2021 for a total of $367,500. If you work out the math, that's approximately a cost of $382.81 per sqft. Before that, the property was also sold for $210,000 in Feb 8, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,768 in taxes each year. 11 Flanders Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $205,900. If we break it down further, the land itself was valued at $114,300. Improvements to the property, however, were assessed at a total of $91,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: B86 L28

Ownership

  • Current Owner : BACAYO FRANKLIN
  • Current Owner 2: BACAYO RICHEL
  • Previous Owner : EDWARDS SEAN D
  • Owner Before Previous Owner: WOLTERS LUKE
  • Owner Before Previous Owner 2: ESTATE OF JANTIEN W WOLTERS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046109

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 380
  • Account Number: 06011620
  • District: 27
  • Parcel: 27 03808-0000-00005
  • Block: 3808
  • Lot: 5
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8662
  • Longitude: -74.7321

    Address

  • Full Address: 11 Flanders Rd
  • Address - House Number: 11
  • Address - Street Name: Flanders
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Budd Lake
  • Carrier Code: C003
  • 4-Digit Zip Code: 3505
  • Zip Code: 07828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,768

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 392,193
  • High Value: 461,910
  • Low Value: 322,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,570
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $348,570
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $250,031
  • Market Land Value: $138,798
  • Market Improvement Value: $111,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,900
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $91,600

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840999620
  • Current Sale Price: $367,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021057055
  • Previous Sale Recording Date: Feb 21, 2019
  • Previous Sale Contract Date: Feb 08, 2019
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $348,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FAMILY FIRST FUNDING LLC
  • Previous Mortgage Transaction Date: Feb 21, 2019
  • Previous Mortgage Loan Amount: $238,065
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Budd Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1 Jenny Lind St  36, Netcong Boro, NJ, 07857

$1,830 /mo

  • 1 Bed
  • 1 Bath
1 Jenny Lind St 36 #36, Netcong Boro, NJ, 07857 Listing by MARIAN RYAN BLOETE

Frequently Asked Questions

What neighborhood is 11 Flanders Road located in?
The 11 Flanders Road is a located in the neighborhood of Morris in Budd Lake, Budd Lake.
What is the average sales price for listings in 11 Flanders Road?
The average sales price for units in 11 Flanders Road is $0 currently.

Quantcast