25 Drake Rd Mendham, NJ 07945
Estimated Value: $897,848 - $1,085,000
--
Bed
--
Bath
2,369
Sq Ft
$414/Sq Ft
Est. Value
About This Home
This home is located at 25 Drake Rd, Mendham, NJ 07945 and is currently estimated at $981,712, approximately $414 per square foot. 25 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
Feb 14, 2025
Sold by
Morrell Lisa
Bought by
Morrell Steven and Morrell Lisa
Current Estimated Value
Purchase Details
Closed on
Mar 6, 2019
Sold by
Morrell Steven and Morrell Lisa
Bought by
Morrell Lisa
Purchase Details
Closed on
Jun 4, 2003
Sold by
Pnc Bank
Bought by
Morrell Steven and Morrell Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.77%
Purchase Details
Closed on
Sep 27, 1995
Sold by
Koenig Margaret A
Bought by
Koenig Margaret A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrell Steven | -- | None Listed On Document | |
| Morrell Lisa | -- | None Available | |
| Morrell Steven | $625,000 | -- | |
| Koenig Margaret A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Morrell Steven | $350,000 | |
| Previous Owner | Morrell Steven | $214,000 | |
| Previous Owner | Morrell Steven | $48,100 | |
| Previous Owner | Morrell Steven | $50,000 | |
| Previous Owner | Morrell Steven | $225,000 |
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 | $15,318 | $624,200 | $345,500 | $278,700 |
| 2023 | $15,318 | $624,200 | $345,500 | $278,700 |
| 2022 | $14,237 | $624,200 | $345,500 | $278,700 |
| 2021 | $13,660 | $607,900 | $345,500 | $262,400 |
| 2020 | $13,988 | $607,900 | $345,500 | $262,400 |
| 2019 | $13,660 | $607,900 | $345,500 | $262,400 |
| 2018 | $13,465 | $607,900 | $345,500 | $262,400 |
| 2017 | $13,270 | $607,900 | $345,500 | $262,400 |
| 2016 | $12,869 | $607,900 | $345,500 | $262,400 |
| 2015 | $12,584 | $607,900 | $345,500 | $262,400 |
| 2014 | $12,255 | $607,900 | $345,500 | $262,400 |
Source: Public Records
Map
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