NOT LISTED FOR SALE

1 Lake Dr Mendham, NJ 07945

Estimated Value: $625,000 - $731,489

3 Beds
2.5 Baths
1,029 Sq Ft
$670/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $600,000 $583 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,408/month

71 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • 1 Car Attached Garage
  • Hilltop Elementary School Rated A
  • Wine Refrigerator
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

MULTIPLE OFFERS -- HIGHEST AND BEST DUE BY 5PM WEDNESDAY 9-28-22 Welcome home to this completely renovated and upgraded ranch home located in highly desirable Mendham Borough. All new plumbing, electrical and mechanical systems just to name a few. Completely gutted and redesigned. The home consists of a large open concept designer kitchen which flows into the dining and family room. There is a dry bar with wine fridge attached to the kitchen peninsula with seating room for 3. Primary Ensuite bedroom with 2 closets. There is an extra room that can be used as home office or exercise room. All new Hardwood and tile floors throughout entire home. Fenced in private yard. Close to parks and center of beautiful Mendham. Morristown is 7 miles away with gourmet dining, Historic sites, performing arts center, boutiques, Cafes, Historic sites and parks. Commuters appreciate midtown direct train to Manhattan from Morristown.

Last Agent to Sell the Property

KELLEY JOHNSON

COLDWELL BANKER REALTY Brokerage Phone: 908-752-9897 Listed on: 07/15/2022

Last Buyer's Agent

Melissa Federico

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,988

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 8,712

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding
  • Tile

Kitchen

  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Additional Features

  • Wood Flooring
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2318-00302-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,988

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2022
  • Street Number Display: 1
  • Directions: West Main Street to Lake Dr, 1st House on right
  • I D: 5162821
  • Modified: 2023-11-08
  • Number Images: 21
  • First Name: KELLEY
  • First Name3: MELISSA
  • Last Name: JOHNSON
  • Last Name3: FEDERICO
  • Office Phone3: 732-946-3200
  • Attribution Contact: 908-752-9897
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Refrigerator, WineRefr
  • Interior Amenities: Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Phone: 908-874-8421

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 0.205 AC
  • Assessed Improvement Value: 73200
  • Assessed Land Value: 230500
  • Assessment: 303700
  • Easement: Unknown
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6988
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2318-00302-0000-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.342
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 7, 2022
Sold by
Graham Properties Llc
Bought by
Muradi Asad and Muradi Oksana
Seller's Agent
KELLEY JOHNSON
COLDWELL BANKER REALTY
Buyer's Agent
Melissa Federico
BHHS FOX & ROACH
List Price
$699,900
Sold Price
$600,000
Premium/Discount to List
-$99,900
-14.27%
Views
49
Current Estimated Value
$689,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,622
Avg. Annual Appreciation
4.99%
Original Mortgage
$570,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2021
Closed on
Nov 17, 2021
Sold by
Janet Schijns
Bought by
Graham Properties Llc
Seller's Agent
Edward Toombs
COLDWELL BANKER REALTY
Buyer's Agent
Edward Toombs
COLDWELL BANKER REALTY
List Price
$299,000
Sold Price
$330,000
Premium/Discount to List
$31,000
10.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.32%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Collins James
Bought by
Thomas Evan and Thomas Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Muradi Asad $600,000 Rally Point Title
Muradi Asad $600,000 Rally Point Title
Muradi Asad $600,000 Rally Point Title
Muradi Asad $600,000 Rally Point Title
Graham Properties Llc $330,000 Stewart Title
Thomas Evan $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muradi Asad $570,000
Previous Owner Thomas Evan $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $600,000 0.0% $583 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $599,900 -10.4% $583 / Sq Ft
08/29/2022 08/29/22 Price Changed $669,900 -4.3% $651 / Sq Ft
07/20/2022 07/20/22 For Sale $699,900 +112.1% $680 / Sq Ft
01/11/2022 01/11/22 Sold $330,000 +10.4% $321 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $299,000 -- $291 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,807 $358,000 $230,500 $127,500
2024 $8,785 $358,000 $230,500 $127,500
2023 $8,785 $358,000 $230,500 $127,500
2022 $7,113 $303,700 $230,500 $73,200
2021 $7,113 $303,700 $230,500 $73,200
2020 $6,988 $303,700 $230,500 $73,200
2019 $6,824 $303,700 $230,500 $73,200
2018 $6,727 $303,700 $230,500 $73,200
2017 $6,630 $303,700 $230,500 $73,200
2016 $6,429 $303,700 $230,500 $73,200
2015 $6,287 $303,700 $230,500 $73,200
2014 $6,123 $303,700 $230,500 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3796394

Garden State MLS

APN: 18-00302-0000-00005