2 Drake Rd Mendham, NJ 07945
Estimated Value: $724,000 - $997,000
--
Bed
--
Bath
2,050
Sq Ft
$430/Sq Ft
Est. Value
About This Home
This home is located at 2 Drake Rd, Mendham, NJ 07945 and is currently estimated at $881,876, approximately $430 per square foot. 2 Drake Rd is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2005
Sold by
Gurnik Gordon
Bought by
Sun Gang and Wang Jun
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2001
Sold by
Mearsheimer Thomas
Bought by
Gurnick Gordon and Gurnik Marjorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.1%
Purchase Details
Closed on
Sep 30, 1993
Sold by
Kuhlthau Bruce
Bought by
Mearshemier Thomas and Mearshemier Caryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sun Gang | $575,000 | -- | |
| Gurnick Gordon | $365,000 | -- | |
| Mearshemier Thomas | $256,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sun Gang | $380,400 | |
| Closed | Sun Gang | $370,000 | |
| Closed | Sun Gang | $255,000 | |
| Closed | Sun Gang | $260,000 | |
| Closed | Wang Jun | $300,000 | |
| Closed | Sun Gang | $460,000 | |
| Previous Owner | Gurnick Gordon | $275,000 | |
| Previous Owner | Mearshemier Thomas | $231,000 |
Source: Public Records
Tax History Compared to Growth
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 | $14,550 | $592,900 | $323,000 | $269,900 |
| 2023 | $14,550 | $592,900 | $323,000 | $269,900 |
| 2022 | $12,232 | $592,900 | $323,000 | $269,900 |
| 2021 | $11,736 | $522,300 | $323,000 | $199,300 |
| 2020 | $12,018 | $522,300 | $323,000 | $199,300 |
| 2019 | $11,736 | $522,300 | $323,000 | $199,300 |
| 2018 | $11,569 | $522,300 | $323,000 | $199,300 |
| 2017 | $11,402 | $522,300 | $323,000 | $199,300 |
| 2016 | $11,057 | $522,300 | $323,000 | $199,300 |
| 2015 | $10,812 | $522,300 | $323,000 | $199,300 |
| 2014 | $10,530 | $522,300 | $323,000 | $199,300 |
Source: Public Records
Map
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