2 Timothy Ln Vernon, NJ 07462
Estimated Value: $415,766 - $458,000
Studio
--
Bath
1,735
Sq Ft
$256/Sq Ft
Est. Value
About This Home
This home is located at 2 Timothy Ln, Vernon, NJ 07462 and is currently estimated at $443,692, approximately $255 per square foot. 2 Timothy Ln is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2024
Sold by
Buchanan Thomas A and Buchanan Dana
Bought by
Cook Michael and Cook Dana
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
$356,125
Outstanding Balance
$349,820
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$93,872
Purchase Details
Closed on
Jun 27, 2013
Sold by
Buchanan Thomas A and Buchanan Dana
Bought by
Buchanan Thomas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,811
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2008
Sold by
Lotz Ida M and Cousin Jennifer
Bought by
Buchanan Thomas A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cook Michael | -- | Bonafide Title Agency | |
| Cook Michael | -- | Bonafide Title Agency | |
| Buchanan Thomas A | -- | None Available | |
| Buchanan Thomas A | $295,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cook Michael | $356,125 | |
| Closed | Cook Michael | $356,125 | |
| Previous Owner | Buchanan Thomas A | $215,811 | |
| Previous Owner | Buchanan Thomas A | $236,000 |
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 |
|---|---|---|---|---|
| 2025 | $9,725 | $398,700 | $174,000 | $224,700 |
| 2024 | $9,713 | $398,400 | $194,000 | $204,400 |
| 2023 | $9,713 | $374,600 | $174,000 | $200,600 |
| 2022 | $8,818 | $312,800 | $129,000 | $183,800 |
| 2021 | $8,882 | $282,600 | $117,000 | $165,600 |
| 2020 | $8,576 | $274,000 | $112,000 | $162,000 |
| 2019 | $7,733 | $274,400 | $134,400 | $140,000 |
| 2018 | $7,390 | $274,400 | $134,400 | $140,000 |
| 2017 | $7,192 | $267,700 | $134,400 | $133,300 |
| 2016 | $7,006 | $267,700 | $134,400 | $133,300 |
| 2015 | $6,982 | $267,700 | $134,400 | $133,300 |
| 2014 | $7,046 | $267,700 | $134,400 | $133,300 |
Source: Public Records
Map
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