Check Availability

624 Lake Point Drive

624 Lake Point Drive, Lakewood, NJ 08701
Property in Ocean
Sold Oct 11, 2022
$185,000
$175,000 by Td Bank Na
Mortgage Due Oct 01, 2052
Sold Jun 22, 2005
$161,000
$151,000 by Weichert Financial Services
Mortgage Due Jul 01, 2035
Local assessors in Lakewood, NJ have categorized 624 Lake Point Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 1,521 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 624 Lake Point Drive has a total of 1,246 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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. The building has a gable style roof that was made of asphalt. The home has been utilizing electricity for fuel. The property was last sold in Sep 30, 2022 for $185,000. That's $148.48 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2005 for $161,000. 624 Lake Point Drive was last assessed in 2023. The total value of the property was assessed at $115,700. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $105,700. 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 $2,031. 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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,521
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,246
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.034
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: WINFIELD

Ownership

  • Current Owner : RUSSO FRANK S
  • Current Owner 2: RUSSO LISA ANN
  • Previous Owner : CALELLO DONALD
  • Owner Before Previous Owner: CHRISTAKOS THEODORE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715902

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 168
  • Account Number: 00207380
  • District: 15
  • Parcel: 15 01248-0000-00624- 02
  • Block: 1248
  • Lot: 624.02
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0489
  • Longitude: -74.1885

    Address

  • Full Address: 624b Lake Point Dr
  • Address - House Number: 624b
  • Address - Street Name: Lake Point
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C034
  • 4-Digit Zip Code: 7863
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,031

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 205,304
  • High Value: 252,117
  • Low Value: 158,491

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2022
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $115,700
  • Market Land Value: $10,000
  • Market Improvement Value: $105,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,700
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $105,700

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Transaction ID: 11897231825
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 108427
  • Previous Sale Recording Date: Jun 22, 2005
  • Previous Sale Contract Date: Jun 20, 2005
  • Previous Sale Amount: $161,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Oct 11, 2022
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Jun 22, 2005
  • Previous Mortgage Loan Amount: $151,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Leisure Village



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 624 Lake Point Drive located in?
The 624 Lake Point Drive is a located in the neighborhood of Ocean in Leisure Village, Lakewood.
What is the average sales price for listings in 624 Lake Point Drive?
The average sales price for units in 624 Lake Point Drive is $0 currently.

Quantcast