NOT LISTED FOR SALE

2 Penny Ln Long Valley, NJ 07853

Estimated Value: $1,265,000 - $1,433,000

5 Beds
6 Baths
4,798 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $860,000 $179 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,644/month

About This Home

As of July 2015

This home is located at 2 Penny Ln, Long Valley, NJ 07853 since 31 July 2015 and is currently estimated at $1,362,617, approximately $283 per square foot. This property was built in 2005. 2 Penny Ln is a home located in Morris County with nearby schools including Old Farmers Road Elementary School, Long Valley Middle School, and West Morris Central High School.

Last Agent to Sell the Property

SHARON HUGHES

WEICHERT REALTORS Brokerage Phone: 973-543-6511 Listed on: 07/31/2015

Last Buyer's Agent

SHARON HUGHES

WEICHERT REALTORS Brokerage Phone: 973-543-6511 Listed on: 07/31/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,802

Year Built

  • Built in 2005

Lot Details

  • 2.2 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,802

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Morris
  • Street Number Display: 2
  • I D: 4528869
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-543-6511
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 5.10

Lot Info

  • Lot Size: 2.204 AC
  • Total Acres: 2.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Jul 31, 2015
Sold by
Raile Mark E and Railel Crystal L
Bought by
Gould Michael and Gould Kristine
Seller's Agent
SHARON HUGHES
WEICHERT REALTORS
Buyer's Agent
SHARON HUGHES
WEICHERT REALTORS
Sold Price
$860,000
Current Estimated Value
$1,362,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,617
Avg. Annual Appreciation
4.15%
Original Mortgage
$710,000
Outstanding Balance
$566,885
Interest Rate
4.08%
Mortgage Type
VA
Estimated Equity
$729,346

Purchase Details

Closed on
Jun 30, 2011
Sold by
Glicklich Alan S and Glicklich Lori A
Bought by
Raile Mark E and Raile Crystal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2005
Sold by
Landmark At Long Valley
Bought by
Glicklich Alan and Glicklich Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

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
Gould Michael $860,000 Fidelity Natl Title Ins Co
Raile Mark E $810,000 Fidelity Natl Title Ins Co
Glicklich Alan $987,859 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould Michael $710,000
Previous Owner Raile Mark E $567,000
Previous Owner Glicklich Alan S $100,000
Previous Owner Glicklich Alan S $685,000
Previous Owner Glicklich Alan S $50,000
Previous Owner Glicklich Alan $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $860,000 -- $179 / 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 $26,802 $923,900 $236,000 $687,900
2024 $26,202 $923,900 $236,000 $687,900
2023 $26,202 $923,900 $236,000 $687,900
2022 $24,538 $923,900 $236,000 $687,900
2021 $24,538 $923,900 $236,000 $687,900
2020 $24,382 $923,900 $236,000 $687,900
2019 $24,132 $923,900 $236,000 $687,900
2018 $22,731 $890,000 $236,000 $654,000
2017 $22,241 $890,000 $236,000 $654,000
2016 $21,565 $890,000 $236,000 $654,000
2015 $21,129 $890,000 $236,000 $654,000
2014 $20,942 $890,000 $236,000 $654,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3216480

Garden State MLS

APN: 38-00041-0000-00002-08