NOT LISTED FOR SALE

165 Cherry Ln Mendham, NJ 07945

Estimated Value: $2,708,000 - $2,886,221

8 Beds
9 Baths
7,594 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $2,395,000 $315 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $20,447/month

332 Days on Market

About This Home

As of June 2024

This home is located at 165 Cherry Ln, Mendham, NJ 07945 since 10 April 2023 and is currently estimated at $2,811,055, approximately $370 per square foot. This property was built in 1993. 165 Cherry Ln is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.

Last Agent to Sell the Property

Vincenza Montrone

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 04/10/2023

COLDWELL BANKER REALTY

Co-Listed By

NAN P. REIL

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000

Last Buyer's Agent

Vincenza Montrone

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 04/10/2023

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 5

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Morris
  • I D: 5201655
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Bathrooms: 8.40

Lot Info

  • Lot Size: 5.002 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 30, 2024
Sold by
Rulle Michael S
Bought by
Silva Stephen and Silva Melanie
Seller's Agent
Vincenza Montrone
COLDWELL BANKER REALTY
Buyer's Agent
Vincenza Montrone
COLDWELL BANKER REALTY
List Price
$3,150,000
Sold Price
$2,395,000
Premium/Discount to List
-$755,000
-23.97%
Views
428
Current Estimated Value
$2,811,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,055
Avg. Annual Appreciation
10.19%
Original Mortgage
$2,155,500
Outstanding Balance
$2,128,774
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$682,281
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Silva Stephen $2,395,000 Green Hill Title
Silva Stephen $2,395,000 Green Hill Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Stephen $2,155,500
Closed Silva Stephen $2,155,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $2,395,000 -11.1% $315 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
09/27/2023 09/27/23 Price Changed $2,695,000 -10.0% $355 / Sq Ft
08/13/2023 08/13/23 Price Changed $2,995,000 -4.9% $394 / Sq Ft
04/10/2023 04/10/23 For Sale $3,150,000 -- $415 / 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 $70,196 $2,391,400 $800,100 $1,591,300
2024 $70,025 $2,853,500 $800,100 $2,053,400
Source: Public Records

Agents Affiliated with this Home

  • Vincenza Montrone

    Seller's Agent in 2024

    Vincenza Montrone

    COLDWELL BANKER REALTY

    (908) 305-2160

    4 in this area

    34 Total Sales

    Vincenza Montrone
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    NAN P. REIL

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3837352

Garden State MLS

APN: 18-02301-0000-00001-01

New Jersey Morris County Mendham 07945

165 Cherry Ln, Mendham, NJ

Not Listed for Sale

Detached

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