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44 West Lakeview Trail

44 West Lakeview Trail, Wharton, NJ 07885
Property in Morris
Sold Oct 15, 2018
$315,000
$250,000 by Nationstar Mortgage Llc
Mortgage Due Mar 01, 2052
Sold Feb 03, 1993
Transfer
Buyer
Local assessors in Wharton, NJ have categorized 44 West Lakeview Trail as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 9,148 square feet. The linear feet between the front and back of the lot was measured at 1,830 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 44 West Lakeview Trail has a total of 904 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 44 West Lakeview Trail sold most recently in Aug 23, 2018 for a total of $315,000. If you work out the math, that's approximately a cost of $348.45 per sqft. 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 $7,116 in taxes each year. 44 West Lakeview Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $243,200. If we break it down further, the land itself was valued at $142,400. Improvements to the property, however, were assessed at a total of $100,800. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 500
  • Total Building Area: 904
  • Building Area: 904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE SHAWNEE
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOSMER TERENCE M
  • Current Owner 2: HOSMER AMANDA L
  • Previous Owner : KLEIN DONALD JOHN
  • Previous Owner 2: KLEIN JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044702

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 46
  • Account Number: 03202450
  • District: 14
  • Parcel: 14 00300-0000-00021
  • Block: 300
  • Lot: 21
  • Municipality: JEFFERSON TWP
  • Latitude: 40.9817
  • Longitude: -74.5906

    Address

  • Full Address: 44 W Lakeview Trl
  • Address - House Number: 44
  • Street Direction: W
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Wharton
  • Carrier Code: R023
  • 4-Digit Zip Code: 2946
  • Zip Code: 07885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,116

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 401,350
  • High Value: 473,654
  • Low Value: 329,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $264,434
  • Market Land Value: $154,833
  • Market Improvement Value: $109,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,200
  • Assessed Land Value: $142,400
  • Assessed Improvements Value: $100,800

    Sales

  • Current Sale Contract Date: Aug 23, 2018
  • Current Sale Recording Date: Oct 15, 2018
  • Current Sale Transaction ID: 11523138275
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018057762
  • Previous Sale Recording Date: Feb 03, 1993
  • Previous Sale Contract Date: Feb 03, 1993
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 15, 2018
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Morris



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Frequently Asked Questions

What neighborhood is 44 West Lakeview Trail located in?
The 44 West Lakeview Trail is a located in the neighborhood of Morris in Morris, Wharton.
What is the average sales price for listings in 44 West Lakeview Trail?
The average sales price for units in 44 West Lakeview Trail is $0 currently.

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