Check Availability

524 Old Homestead Drive

524 Old Homestead Drive, Highland Lakes, NJ 07422
Property in Sussex
Sold Dec 20, 2005
$309,500
$247,600 by Fremont Mortgage
Mortgage Due Jan 01, 2036
Sold May 15, 2000
$143,000
$93,000 by Haven Svgs Bank
Mortgage Due Jun 01, 2030
524 Old Homestead Drive has been categorized by the local assessors in Highland Lakes, NJ as a residential type of property. The building on the property was first built in 1976 and is 48 years old. In addition, 524 Old Homestead Drive has 1,924 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 1,500 ft and across the front of the lot is 890 ft. The area measurement of the land has been determined as 13,504 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 524 Old Homestead Drive was last sold in Dec 1, 2005 for $309,500. According to our calculations, that's $160.86 per sqft. Prior to that sales transaction, the property was sold for $143,000 in May 3, 2000. Current property owners are expected to pay $7,317 in taxes per year. The property on 524 Old Homestead Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $282,200. To break that down further, the land itself was valued at $148,200. While improvements to the property were assessed at a total of $134,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 890
  • Total Building Area: 1,924
  • Building Area: 1,924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SARGO TAMI
  • Previous Owner : VALENTE MICHAEL
  • Previous Owner 2: VALENTE LISA
  • Owner Before Previous Owner: CHIAPPERINO ALAN
  • Owner Before Previous Owner 2: CHIAPPERINO LORETTA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vernon Township School District
  • Census Tract: 371502

Zoning

  • Zoning: PLC

Geography

  • Assessors Map Reference: TAX MAP 20N
  • District: 22
  • Parcel: 22 00484-0000-00011
  • Block: 484
  • Lot: 11
  • Municipality: VERNON TWP
  • Latitude: 41.1722
  • Longitude: -74.4783

    Address

  • Full Address: 524 Old Homestead Dr
  • Address - House Number: 524
  • Address - Street Name: Old Homestead
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Highland Lakes
  • Carrier Code: R004
  • 4-Digit Zip Code: 1612
  • Zip Code: 07422

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,317

    Appraisal Valuation

  • Standard Deviation: 0.2774
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 424,504
  • High Value: 542,303
  • Low Value: 306,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,600
  • First Open Lien Mortgage Lender: FREMONT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 20, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $247,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $282,200
  • Market Land Value: $148,200
  • Market Improvement Value: $134,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,200
  • Assessed Land Value: $148,200
  • Assessed Improvements Value: $134,000

    Sales

  • Current Sale Contract Date: Dec 01, 2005
  • Current Sale Recording Date: Dec 20, 2005
  • Current Sale Transaction ID: 11475712692
  • Current Sale Price: $309,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 05-45841
  • Previous Sale Recording Date: May 15, 2000
  • Previous Sale Contract Date: May 03, 2000
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT MORTGAGE
  • First Mortgage Transaction Date: Dec 20, 2005
  • First Mortgage Loan Amount: $247,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jan 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HAVEN SVGS BANK
  • Previous Mortgage Transaction Date: May 15, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $93,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2030

About Highland Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 524 Old Homestead Drive located in?
The 524 Old Homestead Drive is a located in the neighborhood of Sussex in Highland Lake, Highland Lakes.
What is the average sales price for listings in 524 Old Homestead Drive?
The average sales price for units in 524 Old Homestead Drive is $0 currently.

Quantcast