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28 Lakeshore Drive

28 Lakeshore Drive, Mount Arlington, NJ 07856
Townhouse in Morris
Sold Mar 16, 2021
$480,000
$384,000 by Absolute Home Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Dec 31, 2009
$490,000
$481,124 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2040
28 Lakeshore Drive in Mount Arlington, NJ was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 28 Lakeshore Drive has 2,692 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,145 square feet.

Learn more about the property and building on this page. 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, 28 Lakeshore Drive sold most recently in Feb 12, 2021 for a total of $480,000. If you work out the math, that's approximately a cost of $178.31 per sqft. Before that, the property was also sold for $490,000 in Dec 28, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,811 in taxes each year. 28 Lakeshore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $450,700. If we break it down further, the land itself was valued at $112,500. Improvements to the property, however, were assessed at a total of $338,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,145
  • Total Building Area: 2,692
  • Building Area: 2,692
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,692
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE VILLAGE
  • Land Acres: 0.026
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KULPEKSA KIMBERLY A
  • Previous Owner : BROOKS LAWRENCE
  • Previous Owner 2: BROOKS TRISTE
  • Owner Before Previous Owner: OZALTIN FAWZIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mount Arlington Borough School District
  • Census Tract: 045404

Geography

  • District: 26
  • Parcel: 26 00039-0000-00012-0000-C021
  • Block: 39
  • Lot: 12
  • Municipality: MOUNT ARLINGTON BORO
  • Latitude: 40.9247
  • Longitude: -74.6461

    Address

  • Full Address: 28 Lakeshore Dr
  • Address - House Number: 28
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Arlington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1429
  • Zip Code: 07856

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,811

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 648,766
  • High Value: 753,372
  • Low Value: 544,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $384,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $391,743
  • Market Land Value: $97,784
  • Market Improvement Value: $293,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,700
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $338,200

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11827727458
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021025455
  • Previous Sale Recording Date: Dec 31, 2009
  • Previous Sale Contract Date: Dec 28, 2009
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $384,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 31, 2009
  • Previous Mortgage Loan Amount: $481,124
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2040

About Mount Arlington



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Nearby Rentals

Unit for rent at

$2,500 /mo

  • Studio
  • 15,000 ft²
Listing by JOSEPH MORREALE
Unit for rent at

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,082 ft²
Listing by JOHN RODRIGUEZ

Frequently Asked Questions

What neighborhood is 28 Lakeshore Drive located in?
The 28 Lakeshore Drive is a townhouse located in the neighborhood of Morris in Mount Arlington, Mount Arlington.
What is the average sales price for listings in 28 Lakeshore Drive?
The average sales price for units in 28 Lakeshore Drive is $509,000 currently.

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