NOT LISTED FOR SALE

17 Drake Rd Mendham, NJ 07945

Estimated Value: $962,000 - $997,589

5 Beds
3 Baths
2,562 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $410,000 $160 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,713/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Country Kitchen
  • Hilltop Elementary School Rated A
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of November 2018

Expanded Ranch in neighborhood setting, close to town with public water and sewer. House needs complete remodel and sold "as is"

Last Listed By

EILEEN SCOTT

WEICHERT REALTORS Listed on: 10/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,279

Year Built

  • 1968

Lot Details

  • 1.04 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Siding
  • Tile

Interior Spaces

  • 2,562 Sq Ft Home
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Country Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Schools

  • Hilltop Elementary School
  • Mt.View Middle School
  • W.M.Mendham High School

Additional Features

  • Patio
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2318-01704-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,279

Year Built

1968

Lot Details

0

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • County Name: Morris
  • Street Number Display: 17
  • Directions: Tempe Wick to Ogden to Drake to #17
  • I D: 4846841
  • Modified: 2019-11-02
  • Number Images: 4
  • Section Subdiv Development: near town development
  • First Name: EILEEN
  • First Name3: MICHAEL
  • Last Name: SCOTT
  • Last Name3: VELEZ
  • Office Phone: 973-543-1366
  • Office Phone3: 973-309-4973
  • Attribution Contact: 973-543-6511
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Electric
  • Interior Amenities: TubShowr, StallShw
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Country Kitchen
  • Level 1 Rooms: Laundry Room, Foyer, 3 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 2562
  • Phone: 973-543-6511

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Hilltop
  • Middle School: MT.View
  • High School: W.M.Mendham
  • High School: W.M.Mendham
  • Middle Jr High School: MT.View

Lot Info

  • Lot Size: 1.040 AC
  • Assessed Improvement Value: 215500
  • Assessed Land Value: 347000
  • Assessment: 562500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.04
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12279
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2318-01704-0000-00007-0000-
  • Tax Rate Amount: 2.183
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Hilltop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Perez Juan C and Perez Maria F
Bought by
Winters Thomas and Panico Deanna
Total Days on Market
0
Current Estimated Value
$984,647

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 1, 2018
Sold by
Jerome Jabbour R
Bought by
Perez Juan C
Seller's Agent
EILEEN SCOTT
WEICHERT REALTORS
Buyer's Agent
Michael Velez
COLDWELL BANKER REALTY
List Price
$465,000
Sold Price
$410,000
Premium/Discount to List
-$55,000
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$369,165
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 23, 2010
Sold by
Posunko Linda M
Bought by
Posunko Linda Mary

Purchase Details

Closed on
Sep 20, 2000
Sold by
Kolmar Jay R and Kolmar Laura Z
Bought by
Temple Colin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.94%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Posunko Barbara and Posunko Linda Mary
Bought by
Posunko Barbara and Posunko Linda Mary

Range of Values:

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Average Value
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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
Winters Thomas $938,000 None Listed On Document
Perez Juan C $410,000 Chicago Title Ins Co
Posunko Linda Mary -- None Available
Temple Colin D $449,900 Lawyers Title Insurance Corp
Posunko Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Juan C $366,500
Previous Owner Perez Juan C $369,165
Previous Owner Temple Colin D $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $410,000 -11.8% $160 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $465,000 -- $181 / 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 $14,724 $600,000 $347,000 $253,000
2023 $14,724 $600,000 $347,000 $253,000
2022 $14,052 $600,000 $347,000 $253,000
2021 $14,648 $600,000 $347,000 $253,000
2020 $13,806 $600,000 $347,000 $253,000
2019 $12,639 $562,500 $347,000 $215,500
2018 $12,459 $562,500 $347,000 $215,500
2017 $12,279 $562,500 $347,000 $215,500
2016 $11,908 $562,500 $347,000 $215,500
2015 $11,644 $562,500 $347,000 $215,500
2014 $11,340 $562,500 $347,000 $215,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3510409

Garden State MLS

APN: 18-01704-0000-00007