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1 Lake Shore Drive

1 Lake Shore Drive, Mount Arlington, NJ 07856
Property in Morris
Sold Jun 09, 2017
$706,000
$564,000 by Bank Of America Na
Mortgage Due Jun 01, 2047
Sold Jun 18, 2010
$650,000
$500,000 by Coldwell Banker Home Loans
Mortgage Due Jul 01, 2025
Local assessors in Mount Arlington, NJ have categorized 1 Lake Shore Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 1,226 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 1 Lake Shore Drive has a total of 3,150 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. The property was last sold in May 22, 2017 for $706,000. That's $224.13 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2010 for $650,000. 1 Lake Shore Drive was last assessed in 2023. The total value of the property was assessed at $917,800. Specifically, the land the property is located on was valued at $412,500. While improvements on the property were assessed at a total of $505,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $17,943. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 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: 1,226
  • Total Building Area: 3,150
  • Building Area: 3,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE VILLAGE
  • Land Acres: 0.028
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CULBERTSON DONALD
  • Current Owner 2: CULBERTSON HEIDI
  • Previous Owner : BAWARSKI MARY
  • Previous Owner 2: BAWARSKI EDWARD
  • Owner Before Previous Owner: GELB MORTON A
  • Owner Before Previous Owner 2: DUGAS CAROLYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 26
  • Parcel: 26 00039-0000-00012-0000-C049
  • Block: 39
  • Lot: 12
  • Municipality: MOUNT ARLINGTON BORO
  • Latitude: 40.9254
  • Longitude: -74.6472

    Address

  • Full Address: 1 Lakeshore Dr
  • Address - House Number: 1
  • Address - Street Name: Lakeshore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Arlington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1430
  • Zip Code: 07856

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,943

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 983,519
  • High Value: 1,172,855
  • Low Value: 794,183

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $564,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 09, 2017
  • First Open Lien Mortgage Loan Amount: $564,000
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $797,740
  • Market Land Value: $358,540
  • Market Improvement Value: $439,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,800
  • Assessed Land Value: $412,500
  • Assessed Improvements Value: $505,300

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Transaction ID: 1588803572
  • Current Sale Price: $706,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017033148
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Contract Date: Jun 12, 2010
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jun 09, 2017
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER HOME LOANS
  • Previous Mortgage Transaction Date: Jun 18, 2010
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2025

About Mount Arlington



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Frequently Asked Questions

What neighborhood is 1 Lake Shore Drive located in?
The 1 Lake Shore Drive is a located in the neighborhood of Morris in Mount Arlington, Mount Arlington.
What is the average sales price for listings in 1 Lake Shore Drive?
The average sales price for units in 1 Lake Shore Drive is $0 currently.

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