NOT LISTED FOR SALE

2 Sovereign Dr Flanders, NJ 07836

Estimated Value: $923,000 - $1,200,000

4 Beds
3.5 Baths
4,614 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $900,000 $195 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,940/month

19 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Mount Olive High School Rated A
  • 2.79 Acre Lot
  • 5-minute walk to Drakes Brook Park

About This Home

As of August 2022

Spectacular Toll Brothers Colonial home with spacious, luxury living. Original owner personally designed home from top to bottom w/high end, custom upgrades throughout. Prepare to be WOW'ed from the two story foyer to the stylish atrium with cathedral ceiling. The oversized family room features an open beamed ceiling with a gas fireplace. The open kitchen pops with granite counters, hardwood floors, stainless steel appliances, a designer gas fireplace and is open to a solarium overlooking the multi level stone patio with built in stainless steel grill. The Master bedroom suite is simply dazzling with oversized walk in closets, a roomy master den, and a full bathroom. A Jack and Jill bedroom and Princess suite complete the second level. Enjoy movies in the six seat media room on the lower level. Opportunity is knocking; answer the door TODAY!

Last Agent to Sell the Property

LU CHAI

REALTYMARK SELECT Listed on: 06/02/2022

Last Buyer's Agent

LU CHAI

REALTYMARK SELECT Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,690

Year Built

  • Built in 2008

Lot Details

  • 2.79 Acre Lot
  • Corner Lot
  • Open Lot
  • Irregular Lot
  • Wooded Lot
  • Property is zoned R1

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • Beamed Ceilings
  • Cathedral Ceiling
  • Thermal Windows
  • Shades
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Atrium Room
  • Sun or Florida Room
  • Solarium
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Fireplace in Kitchen

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
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Intercom
  • Carbon Monoxide Detectors

Outdoor Features

  • Patio

Schools

  • Mt.Olive Middle School
  • Mt.Olive High School

Utilities

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

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 2327-04401-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,690

Year Built

Built in 2008

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: All Furnitures/Deco are available to be purchased.
  • Renovated Year: 2014
  • Street Number Display: 2
  • Directions: Rt 206 to Flanders-Netcong Rd. Go 1.6 miles bearing left at tennis center. Left onto Sovereign Drive. It is the first home on right.
  • I D: 5155315
  • Modified: 2023-08-24
  • Number Images: 36
  • Section Subdiv Development: Morris Hunt
  • First Name: LU
  • First Name3: LU
  • Last Name: CHAI
  • Last Name3: CHAI
  • Office Phone: 297074
  • Office Phone3: 297074
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2014

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Kitchen
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, OvnWGas, Washer
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Drapes, Fire Extinguisher, High Ceilings, Intercom, Security System, Shades, Walk-In Closet, Window Treatments
  • Number Rooms: 14
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Basement Level Rooms: Media Room, Outside Entrance, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 24x18
  • Kitchen Level: First
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: Bedroom/Office
  • Other Room1 Dim: 16x13
  • Other Room1 Level: Second
  • Other Room 2: Solarium
  • Other Room2 Dim: 24x10
  • Other Room2 Level: First
  • Other Room 3: Sunroom
  • Other Room3 Dim: 20x16
  • Other Room3 Level: First
  • Other Room 4: MudRoom
  • Other Room4 Level: First
  • Level 1 Rooms: Atrium, Den, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, MudRoom, OutEntrn, Pantry, Powder Room, Solarium, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other
  • Phone: 732-515-2997

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Barbeque, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Humidifr, Multi-Zone
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 40
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area
  • Home Warranty: Yes

Schools

  • Middle School: MT.Olive MS
  • High School: MT.Olive HS
  • High School: MT.Olive HS
  • Middle Jr High School: MT.Olive MS

Lot Info

  • Lot Size: 2.79 AC
  • Assessed Improvement Value: 474800
  • Assessed Land Value: 179900
  • Assessment: 654700
  • Easement: Unknown
  • Lot Description: Corner, Irregular Lot, Open Lot, Wooded Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.79
  • Zoning: R1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21690
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2327-04401-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.358
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 8, 2022
Sold by
Wei Yuling and Guo Stephanie
Bought by
Rodrigues Macario Francisco and Rodrigues Diana
Seller's Agent
LU CHAI
REALTYMARK SELECT
Buyer's Agent
LU CHAI
REALTYMARK SELECT
List Price
$965,000
Sold Price
$900,000
Premium/Discount to List
-$65,000
-6.74%
Current Estimated Value
$1,109,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,644
Avg. Annual Appreciation
7.11%
Original Mortgage
$650,000
Outstanding Balance
$621,581
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$488,063

Purchase Details

Closed on
Sep 4, 2018
Sold by
Wei Yuling and Zhang Dandan
Bought by
Wei Yuling and Guo Stephanie

Purchase Details

Listed on
Oct 21, 2014
Closed on
Oct 20, 2014
Sold by
Toll Nj I Llc
Bought by
Wei Yuling and Zhang Dandan
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
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
Rodrigues Macario Francisco $900,000 Old Republic Title
Rodrigues Macario Francisco $900,000 Old Republic Title
Wei Yuling -- None Available
Wei Yuling $990,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigues Macario Francisco $650,000
Closed Rodrigues Macario Francisco $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $900,000 -6.7% $195 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $965,000 -2.5% $209 / Sq Ft
10/21/2014 10/21/14 Sold $990,000 -- $215 / 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 $22,816 $654,700 $179,900 $474,800
2024 $21,520 $654,700 $179,900 $474,800
2023 $21,520 $654,700 $179,900 $474,800
2022 $21,985 $654,700 $179,900 $474,800
2021 $21,985 $654,700 $179,900 $474,800
2020 $21,690 $654,700 $179,900 $474,800
2019 $21,618 $654,700 $179,900 $474,800
2018 $21,409 $654,700 $179,900 $474,800
2017 $21,036 $654,700 $179,900 $474,800
2016 $20,368 $654,700 $179,900 $474,800
2015 $20,846 $654,700 $179,900 $474,800
2014 $20,865 $654,700 $179,900 $474,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3786214

Garden State MLS

APN: 27-04401-0000-00001