NOT LISTED FOR SALE

1 Spring Lake Dr Far Hills, NJ 07931

Estimated Value: $893,000 - $1,238,908

5 Beds
4 Baths
4,644 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $890,000 $192 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,650/month

57 Days on Market

About This Home

As of October 2023

This home is located at 1 Spring Lake Dr, Far Hills, NJ 07931 since 13 June 2023 and is currently estimated at $1,056,227, approximately $227 per square foot. This property was built in 1995. 1 Spring Lake Dr is a home located in Morris County with nearby schools including Dickerson School, Bragg School, and Black River Middle School.

Last Agent to Sell the Property

RICHARD LATTMANN

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-543-3500 Listed on: 06/13/2023

Last Buyer's Agent

Lori Caruso

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,451

Year Built

  • Built in 1995

Lot Details

  • 5.02 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,451

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Year Built: 1995
  • County Name: Morris
  • Street Number Display: 1
  • I D: 5224951
  • Modified: 2024-10-28
  • Number Images: 33
  • Attribution Contact: 973-543-3500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 5.020 AC
  • Total Acres: 5.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 20, 2023
Sold by
Donofrio Douglas J and Donofrio Susan M
Bought by
Cabalar Martin C and Cabalar Tara M
Seller's Agent
RICHARD LATTMANN
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Lori Caruso
RE/MAX SELECT
List Price
$975,000
Sold Price
$890,000
Premium/Discount to List
-$85,000
-8.72%
Views
49
Current Estimated Value
$1,056,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,227
Avg. Annual Appreciation
10.94%
Original Mortgage
$712,000
Outstanding Balance
$701,972
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$354,255

Purchase Details

Closed on
Feb 9, 2005
Sold by
Cendant Mobility Financial Cor
Bought by
Donofrio Douglas and Donofrio Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 1998
Sold by
Chesterbrooke Ltd Partnership
Bought by
Waltke Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.65%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Cabalar Martin C $890,000 None Listed On Document
Donofrio Douglas $950,000 --
Cendant Mobility Financial Cor $950,000 --
Waltke Leslie J $604,955 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabalar Martin C $712,000
Previous Owner Donofrio Douglas A $400,000
Previous Owner Cendant Mobility Financial Cor $760,000
Previous Owner Waltke Leslie J $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $890,000 -8.7% $192 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $975,000 -- $210 / 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 $21,451 $846,200 $226,200 $620,000
2023 $21,451 $846,200 $226,200 $620,000
2022 $20,351 $846,200 $226,200 $620,000
2021 $20,351 $846,200 $226,200 $620,000
2020 $21,293 $897,300 $226,200 $671,100
2019 $21,194 $897,300 $226,200 $671,100
2018 $21,006 $897,300 $226,200 $671,100
2017 $20,925 $897,300 $226,200 $671,100
2016 $20,817 $897,300 $226,200 $671,100
2015 $20,557 $897,300 $226,200 $671,100
2014 $20,593 $897,300 $226,200 $671,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    RICHARD LATTMANN

    KL SOTHEBY'S INT'L. REALTY

  • Lori Caruso

    Buyer's Agent in 2023

    Lori Caruso

    RE/MAX

    (973) 219-3789

    2 in this area

    165 Total Sales

    Lori Caruso
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3848935

Garden State MLS

APN: 07-00003-01-00003

New Jersey Morris County Far Hills 07931

1 Spring Lake Dr, Far Hills, NJ

This home is located at 1 Spring Lake Dr, Far Hills, NJ 07931 since 13 June 2023 and is currently estimated at $1,056,227, approximately $227 per square foot. This property was built in 1995. 1 Spring Lake Dr is a home located in Morris County with nearby schools including Dickerson School, Bragg School, and Black River Middle School.

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