$650,000
SOLD JUL 12, 2024

16 Waters Edge Kinnelon, NJ 07405

3 Beds
2 Baths
2,065 Sq Ft
0.56 Acres

Recently Sold

$315 Per Sq Ft

4% Above List Price

14 Days on Market

About This Home

As of July 2024

This home is located at 16 Waters Edge, Kinnelon, NJ 07405 and is currently priced at $650,000, approximately $314 per square foot. This property was built in 1947. 16 Waters Edge is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

Last Agent to Sell the Property

Nicolette Lisella

COLDWELL BANKER REALTY SRV Brokerage Phone: 201-327-5050 Listed on: 04/11/2024

COLDWELL BANKER REALTY SRV

Last Buyer's Agent

Heather Kandawire

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,050

Year Built

  • Built in 1947

Lot Details

  • 0.56 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,050

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • County Name: Morris
  • Street Number Display: 16
  • I D: 5280421
  • Modified: 2025-07-13
  • Number Images: 1
  • Attribution Contact: 201-327-5050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.56 AC
  • Total Acres: 0.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 28, 2024
Sold by
Summers Emily and Summers Mark
Bought by
Irving Ellen and Irving Timothy
Seller's Agent
Nicolette Lisella
COLDWELL BANKER REALTY SRV
Buyer's Agent
Heather Kandawire
KELLER WILLIAMS - NJ METRO GROUP
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
164
Current Estimated Value
$697,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,907
Avg. Annual Appreciation
7.01%
Original Mortgage
$520,000
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2020
Closed on
Sep 24, 2020
Sold by
Ferrara Carl D and Meis Rebecca
Bought by
Summers Mark and Summers Lisa
Seller's Agent
WALTER WEISS
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
ELLEN MANZIE
KELLER WILLIAMS PROSPERITY REALTY
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$446,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2009
Sold by
Pelliconi Jed D and Pelliconi Deborah A
Bought by
Ferrara Carl D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,227
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1999
Sold by
Haber Norman and Haber Marika
Bought by
Pelliconi Jed D and Smith Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.04%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $650,000 None Listed On Document
Deed $470,000 Stewart Title
Bargain Sale Deed $470,000 None Available
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $520,000 New Conventional
Previous Owner $446,500 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $420,227 FHA
Previous Owner $25,000 Unknown
Previous Owner $216,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $650,000 +4.0% $315 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $625,000 +33.0% $303 / Sq Ft
10/09/2020 10/09/20 Sold $470,000 -3.1% $228 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $485,000 -2.8% $235 / Sq Ft
05/22/2020 05/22/20 Price Changed $499,000 -5.0% $242 / Sq Ft
04/09/2020 04/09/20 For Sale $525,000 -- $254 / 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 $13,050 $460,000 $249,900 $210,100
2023 $13,050 $460,000 $249,900 $210,100
2022 $12,406 $460,000 $249,900 $210,100
2021 $12,406 $460,000 $249,900 $210,100
2020 $11,946 $451,300 $249,900 $201,400
2019 $11,671 $451,300 $249,900 $201,400
2018 $11,431 $451,300 $249,900 $201,400
2017 $11,237 $451,300 $249,900 $201,400
2016 $9,230 $283,900 $165,900 $118,000
2015 $8,863 $283,900 $165,900 $118,000
2014 $8,713 $283,900 $165,900 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3895638

Garden State MLS

APN: 15-45906-0000-00103