NOT LISTED FOR SALE

Estimated Value: $757,524 - $804,000

4 Beds
3 Baths
2,417 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $722,500 $299 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,467/month

5 Days on Market

About This Home

As of September 2023

This home is located at 1 Palmer Place, Flanders, NJ 07836 since 01 August 2023 and is currently estimated at $781,131, approximately $323 per square foot. This property was built in 1996. 1 Palmer Place is a home located in Morris County with nearby schools including Mt Olive Middle School, Mount Olive High School, and American Christian School.

Last Listed By

CARLA BORTNICK

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 08/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,641

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,641

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Morris
  • Street Number Display: 1
  • I D: 5236336
  • Modified: 2024-09-30
  • Number Images: 50
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 115X101
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 26, 2023
Sold by
Pitman Teresa
Bought by
Masud Abdullah and Islam Rumana
Seller's Agent
CARLA BORTNICK
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Elzbieta Ravin
COLDWELL BANKER REALTY
List Price
$684,900
Sold Price
$722,500
Premium/Discount to List
$37,600
5.49%
Total Days on Market
5
Views
60
Current Estimated Value
$781,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,631
Avg. Annual Appreciation
5.00%
Original Mortgage
$564,000
Outstanding Balance
$555,450
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$225,681

Purchase Details

Listed on
Aug 7, 2015
Closed on
Jul 28, 2015
Sold by
Smith Terrence W and Smith Elizabeth G
Bought by
Pitman Teresa
Seller's Agent
Kelly Holmquist
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Meg Sullivan
COLDWELL BANKER REALTY
Sold Price
$412,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$260,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2002
Sold by
Bell Michael
Bought by
Smith Terrence and Gaither Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.48%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Williams Jeff
Bought by
Bell Michael and Bell Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Ontario Devel Inc
Bought by
Williams Jeff and Williams Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.55%

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
Masud Abdullah $722,500 Realsafe Title
Pitman Teresa $412,500 Nrt Title Agency Llc
Smith Terrence $413,000 --
Bell Michael $367,500 --
Williams Jeff $220,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masud Abdullah $564,000
Previous Owner Pitman Teresa $260,000
Previous Owner Smith Terrance W $397,000
Previous Owner Smith Terrence W $110,000
Previous Owner Smith Terrence $300,000
Previous Owner Bell Michael $210,000
Previous Owner Williams Jeffrey $130,200
Previous Owner Williams Jeffrey W $74,000
Previous Owner Williams Jeff $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $722,500 +5.5% $299 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $684,900 +66.0% $283 / Sq Ft
08/07/2015 08/07/15 Sold $412,500 -- $171 / 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
2024 $13,641 $415,000 $158,600 $256,400
2023 $13,641 $415,000 $158,600 $256,400
2022 $13,936 $415,000 $158,600 $256,400
2021 $13,936 $415,000 $158,600 $256,400
2020 $13,749 $415,000 $158,600 $256,400
2019 $13,703 $415,000 $158,600 $256,400
2018 $13,571 $415,000 $158,600 $256,400
2017 $13,334 $415,000 $158,600 $256,400
2016 $12,911 $415,000 $158,600 $256,400
2015 $13,214 $415,000 $158,600 $256,400
2014 $13,226 $415,000 $158,600 $256,400
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3857319

Garden State MLS

APN: 27-05430-0000-00013