NOT LISTED FOR SALE

2 Old Lane Extension Towaco, NJ 07082

Estimated Value: $1,254,323 - $1,339,000

4 Beds
3.5 Baths
3,158 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $880,000 $279 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,562/month

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Recreation Room
  • Montville Township High School Rated A
  • Lake Privileges
  • Wood Flooring

About This Home

As of June 2018

Situated in a prestigious neighborhood this custom victorian is in walking distance to The Lake Valhalla Club A classic portico entrance invites all into the welcoming 2-story foyer where hardwood fls flow gracefully throughout the main floor. Open floor plan features a great room w/ a wood burning fireplace, a gourmet kitchen w/ granite counters, large center island, top of the line SS appliances, walk in pantry w/ 2nd refrigerator & laundry/mud room. Formal dining room w/ wine bar offers a great flow for easy entertaining. Master bedroom suite w/ a luxurious master bath, 2 walk in closets & sitting area are found on the 2nd floor in addition to 3 bedrooms & full bath. Full finished basement includes a separate game rm office, full bath & plenty of storage. Enjoy paver patio w/ a built-in grill & large yard.

Last Agent to Sell the Property

CHRISTINA WHEELER

CENTURY 21 THE CROSSING Listed on: 02/16/2018

Last Buyer's Agent

JASON FAILLA

CENTURY 21 THE CROSSING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,533

Lot Details

  • 0.8 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Victorian Architecture
  • Wood Siding
  • Tile

Interior Spaces

  • 3,158 Sq Ft Home
  • High Ceiling
  • Skylights
  • Track Lighting
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Outdoor Features

  • Lake Privileges

Schools

  • W.Mason Elementary School
  • Lazar Middle School
  • Montville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2321-00039-0002-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,533

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Victorian
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Street Number Display: 2
  • Directions: Rt. 287 to Rt. 202 to Valhalla Road to Old Lane Extension, #2
  • I D: 4775663
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Lake Valhalla
  • First Name: CHRISTINA
  • First Name3: JASON
  • Last Name: WHEELER
  • Last Name3: FAILLA
  • Office Phone: 973-271-3382
  • Office Phone3: 973-227-7000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven
  • Interior Amenities: Cedar Closets, Walk-In Closet, Security System, High Ceilings, Skylight, Smoke Detector, Track Lighting
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Office, Exercise Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 20x15
  • Kitchen Level: First
  • Living Room Dim: 14x20
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 15x16
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 14x7
  • Other Room2 Level: First
  • Other Room 3: Exercise Room
  • Other Room3 Level: Basement
  • Other Room 4: Bedroom/Office
  • Other Room4 Level: Basement
  • Level 1 Rooms: Laundry Room, Utility Room, Foyer, Living Room, Pantry, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3158
  • Phone: 973-227-7000

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage, Oversize Garage, Built-In Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Hard Surface

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr, Multi-Zone
  • Sewer: Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Lake Privileges

Schools

  • Elementary School: W.Mason
  • Middle School: Lazar
  • High School: Montville
  • High School: Montville
  • Middle Jr High School: Lazar

Lot Info

  • Lot Size: .804 AC
  • Assessed Improvement Value: 444800
  • Assessed Land Value: 315200
  • Assessment: 760000
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17533
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2321-00039-0002-00007-0000-
  • Tax Rate Amount: 2.307
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: W.Mason

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jun 26, 2018
Sold by
Katz Bruce F and Katz Francine H
Bought by
Failla Jason and Failla Brooke
Seller's Agent
CHRISTINA WHEELER
CENTURY 21 THE CROSSING
Buyer's Agent
JASON FAILLA
CENTURY 21 THE CROSSING
List Price
$879,000
Sold Price
$880,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$1,269,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,502
Avg. Annual Appreciation
5.01%
Original Mortgage
$679,650
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2001
Sold by
Orum Daniel
Bought by
Katz Bruce and Katz Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.84%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Segal Moore Asso Montville
Bought by
Williams John and Williams Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Source: Public Records

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
Failla Jason $879,000 None Available
Katz Bruce $695,000 --
Williams John $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Failla Jason $667,000
Closed Failla Jason $679,650
Previous Owner Katz Bruce F $499,000
Previous Owner Katz Bruce F $417,000
Previous Owner Katz Bruce $430,000
Previous Owner Williams John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $880,000 +0.1% $279 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $879,000 -- $278 / 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 $19,745 $760,000 $315,200 $444,800
2023 $19,745 $760,000 $315,200 $444,800
2022 $19,144 $760,000 $315,200 $444,800
2021 $19,144 $760,000 $315,200 $444,800
2020 $18,757 $760,000 $315,200 $444,800
2019 $18,422 $760,000 $315,200 $444,800
2018 $18,263 $760,000 $315,200 $444,800
2017 $17,792 $760,000 $315,200 $444,800
2016 $17,412 $760,000 $315,200 $444,800
2015 $17,138 $760,000 $315,200 $444,800
2014 $18,249 $820,200 $315,200 $505,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3447144

Garden State MLS

APN: 21-00039-2-00007