NOT LISTED FOR SALE

1 Spring Lake Dr Far Hills, NJ 07931

Estimated Value: $962,000 - $1,277,000

5 Beds
4 Baths
4,644 Sq Ft
$242/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2023

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

Est. 26% increase in value since last sale

Current estimated payment $7,918 / mo

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 $1,122,866, approximately $241 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

Year Built

  • Built in 1995

Lot Details

  • 5.02 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

5.02 Acres

Listing Details

  • Year Built: 1995
  • County Name: Morris
  • I D: 5224951
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Oct 20, 2023
Sold by
Bought by
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
$1,122,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,866
Avg. Annual Appreciation
9.39%
Original Mortgage
$712,000
Outstanding Balance
$696,890
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$425,976

Purchase Details

Closed on
Feb 9, 2005
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$890,000 None Listed On Document
$950,000 --
$950,000 --
$604,955 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $712,000
Previous Owner $760,000
Previous Owner $365,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,950 $846,200 $226,200 $620,000
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

  • Richard Lattmann

    Seller's Agent in 2023

    Richard Lattmann

    KL SOTHEBY'S INT'L. REALTY

    (908) 839-8487

    51 in this area

    115 Total Sales

    Richard Lattmann
    Section Image
  • Lori Caruso

    Buyer's Agent in 2023

    Lori Caruso

    RE/MAX

    (973) 219-3789

    2 in this area

    142 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

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