NOT LISTED FOR SALE

25 Franklin Rd Mendham, NJ 07945

Estimated Value: $992,000 - $1,040,000

4 Beds
2.5 Baths
2,193 Sq Ft
$460/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $732,500 $334 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,467/month

58 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Thermal Windows
  • Hilltop Elementary School Rated A
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of September 2021

Fabulous Colonial located on a picturesque level 1+ acre lot close to town and Mendham's award-winning schools. The updated Kitchen has been expanded and offers an open floor plan with a large granite breakfast bar and custom cabinets. Off the Kitchen is a beautiful 3 season sunroom with a cathedral ceiling and lots of natural light. The Family Room features a wall-to-wall brick surround fireplace. The front-to-back spacious Living Room is perfect for large gatherings. New floors recently added to the first-floor level. The large Master features lots of closet space and a beautifully updated Master Bath. Three additional bedrooms and an updated full hall Bath complete the second floor. Beautiful home, gorgeous private lot ...perfect for today's lifestyles. 14 Month Home Warranty included.

Last Agent to Sell the Property

DENISE MORTENSON

TURPIN REAL ESTATE, INC. Listed on: 05/18/2021

Last Buyer's Agent

Michelle Reedy

KELLER WILLIAMS TOWNE SQUARE REAL

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,655

Year Built

  • Built in 1972

Lot Details

  • 1.12 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Living Room
  • Family or Dining Combination
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Separate Shower

Outdoor Features

  • Patio

Schools

  • Hilltop Elementary School
  • Mt.View Middle School
  • W.M.Mendham High School

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2318-01707-0000-00002-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,655

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1972
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Rt. 24 to Tempe Wick to right on Ogden, right on Drake to left on Franklin.
  • I D: 5072182
  • Section Subdiv Development: In-town
  • First Name: DENISE
  • First Name3: MICHELLE
  • Last Name: MORTENSON
  • Last Name3: REEDY
  • Office Phone: 973-543-7400
  • Office Phone3: 908-766-0085
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Kitchen Exhaust Fan, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Separate Dining Area
  • Kitchen Dim: 24x11
  • Kitchen Level: First
  • Living Room Dim: 25x13
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 10x6
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 17x11
  • Other Room2 Level: First
  • Level 1 Rooms: Family Room, Kitchen, Laundry Room, Living Room, Sunroom, Walkout
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-543-7400

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: 1 Unit, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: W.M.Mendham
  • Middle Jr High School: MT.View

Lot Info

  • Lot Size: 1.120 AC
  • Lot Description: Level Lot, Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12655
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2318-01707-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.301
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Hilltop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Sep 24, 2021
Sold by
Valle Thomas and Valle Donna Marie
Bought by
Herrick Todd Elson and Herrick Jacquelyn Irene
Seller's Agent
DENISE MORTENSON
TURPIN REAL ESTATE, INC.
Buyer's Agent
Michelle Reedy
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$789,500
Sold Price
$732,500
Premium/Discount to List
-$57,000
-7.22%
Current Estimated Value
$1,008,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,781
Avg. Annual Appreciation
8.00%
Original Mortgage
$586,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 1997
Sold by
Schelke Joseph A and Schelke Anneke B
Bought by
Valle Thomas and Valle Donna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herrick Todd Elson $732,500 None Available
Valle Thomas $318,000 Colonial Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrick Todd Elson $586,000
Previous Owner Valle Thomas $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $732,500 -3.4% $334 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/04/2021 07/04/21 Price Changed $758,000 -4.0% $346 / Sq Ft
05/21/2021 05/21/21 For Sale $789,500 -- $360 / 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 $13,707 $557,200 $351,000 $206,200
2024 $13,674 $557,200 $351,000 $206,200
2023 $13,674 $557,200 $351,000 $206,200
2022 $12,881 $557,200 $351,000 $206,200
2021 $12,881 $550,000 $351,000 $199,000
2020 $12,656 $550,000 $351,000 $199,000
2019 $12,359 $550,000 $351,000 $199,000
2018 $12,183 $550,000 $351,000 $199,000
2017 $12,007 $550,000 $351,000 $199,000
2016 $11,644 $550,000 $351,000 $199,000
2015 $11,385 $550,000 $351,000 $199,000
2014 $11,088 $550,000 $351,000 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3713165

Garden State MLS

APN: 18-01707-0000-00002