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316 Springbrook Trail

316 Springbrook Trail, Sparta, NJ 07871
Property in Sussex
Sold May 25, 2021
$287,000
$281,801 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2050
316 Springbrook Trail in Sparta, NJ was first built in 1931 and is 93 years old. This has been categorized as a residential property type. It is a single story home. 316 Springbrook Trail has 1,011 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. The linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 15,242 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. The property was last sold in Nov 24, 2020 for $287,000. That's $283.88 per sqft. 316 Springbrook Trail was last assessed in 2023. The total value of the property was assessed at $216,300. Specifically, the land the property is located on was valued at $129,400. While improvements on the property were assessed at a total of $86,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,540. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,242
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,011
  • Building Area: 1,011
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,011
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L51

Ownership

  • Current Owner : BROWN NICOLE MARIE
  • Previous Owner : SHULER ERIC L
  • Previous Owner 2: SHULER DENISE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sparta Township School District
  • Census Tract: 373400

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 308
  • District: 18
  • Parcel: 18 03026-0000-00014
  • Block: 3026
  • Lot: 14
  • Municipality: SPARTA TWP
  • Latitude: 41.009
  • Longitude: -74.6635

    Address

  • Full Address: 316 Springbrook Trl
  • Address - House Number: 316
  • Address - Street Name: Springbrook
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Sparta
  • Carrier Code: C011
  • 4-Digit Zip Code: 2021
  • Zip Code: 07871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,540

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 403,298
  • High Value: 493,999
  • Low Value: 312,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,801
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Loan Amount: $281,801
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $216,300
  • Market Land Value: $129,400
  • Market Improvement Value: $86,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,300
  • Assessed Land Value: $129,400
  • Assessed Improvements Value: $86,900

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11840535732
  • Current Sale Price: $287,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210525010137490

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $281,801
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Lake Mohawk



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Nearby Rentals

Unit for rent at 6 Pueblo Parkway, Sparta Twp., NJ, 07871-1314

$5,600 /mo

  • 3 Beds
  • 3 Baths
  • 2,490 ft²
6 Pueblo Parkway, Sparta Twp., NJ, 07871-1314 Listing by MARIA BEARDMORE

Frequently Asked Questions

What neighborhood is 316 Springbrook Trail located in?
The 316 Springbrook Trail is a located in the neighborhood of Sussex in Lake Mohawk, Sparta.
What is the average sales price for listings in 316 Springbrook Trail?
The average sales price for units in 316 Springbrook Trail is $0 currently.

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