NOT LISTED FOR SALE

2504 Cortland Ln Unit 2504 Whippany, NJ 07981

Estimated Value: $506,000 - $559,000

2 Beds
2.5 Baths
-- Sq Ft
4,312 Sq Ft Lot

Last Sold January 15, 2020

Last sale price $355,000

Est. 50% increase in value since last sale

Current estimated payment $3,389/month

Highlights

  • Community Pool
  • En-Suite Primary Bedroom
  • Forced Air Heating System
  • Whippany Park High School Rated A-

About This Home

As of May 2022

Beautifully renovated 2 bedroom, 2 1/2 bath town-home features open floor plan with an abundance of natural light. First floor boasts newer flooring throughout, kitchen with newer granite countertops, breakfast area, opening to spacious living room, dining room, and a renovated 1/2 bath. Second floor features 2 spacious bedrooms each with updated full baths, master features walk-in closet, laundry room. Escape downstairs to a finished basement with high ceilings or relax on the private outdoor patio. Don't miss this opportunity to move into this amazing Eden Lane community featuring outdoor pool, play area, and much more! Pet (under 40lbs) will be considered on a case by case basis.

Last Agent to Rent the Property

Erika Melchior

Vikki Healey Properties, LLC Listed on: 04/25/2022

Last Renter's Agent

Outside Agent

Outside Office

Condo Details

Home Type

  • Condominium

Year Built

  • 1993

Lot Details

  • 4,312

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Year Built

1993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Water
  • Reso Association Amenities: Common Area, Play Area, Pool Outdoor
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (201) 881-7900
  • MLS Status: Leased - Leased
  • Directions: RT. 10 TO S. JEFFERSON TO EDEN TO BOXWOOD THEN APPLETON TO CORTLAND
  • Reso Fireplace Features: None
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1993

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features: Attached, Garage Door Opener, Parking Spaces

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Lot Info

  • Lot: 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jan 15, 2020
Sold by
Maietta Peter Darrell
Bought by
Aris Rami
Seller's Agent
Philip Platania
COLDWELL BANKER REALTY
Buyer's Agent
Erika Melchior
VIKKI HEALEY PROPERTIES LLC
List Price
$395,000
Sold Price
$355,000
Premium/Discount to List
-$40,000
-10.13%
Current Estimated Value
$530,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,826
Avg. Annual Appreciation
7.06%
Original Mortgage
$266,250
Outstanding Balance
$235,695
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$295,131

Purchase Details

Closed on
Jun 20, 2017
Sold by
Pdm Properties Llc
Bought by
Maietta Peter Darrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2016
Sold by
Maietta P Darrell
Bought by
Pdm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 1999
Sold by
Karsen Keith and Karsen Maureen
Bought by
Maietta P Darrell

Purchase Details

Closed on
Jun 14, 1994
Sold by
Baker Firestone Ltd Ptnrshp
Bought by
Karsen Keith and Karsen Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
8.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aris Rami $355,000 Title On Demand Of Nj Inc
Maietta Peter Darrell -- None Available
Pdm Properties Llc -- Foundation Title Llc
Maietta P Darrell $224,900 --
Karsen Keith $158,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aris Rami $266,250
Previous Owner Maietta Peter Darrell $175,000
Previous Owner Pdm Properties Llc $170,000
Previous Owner Karsen Keith $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Rented $3,200 +6.7% --
04/25/2022 04/25/22 For Rent $3,000 0.0% --
01/15/2020 01/15/20 Sold $355,000 -2.7% $256 / Sq Ft View Prior Sale
12/09/2019 12/09/19 Pending -- -- --
11/16/2019 11/16/19 Price Changed $365,000 -2.7% $263 / Sq Ft
11/06/2019 11/06/19 Price Changed $375,000 -2.6% $271 / Sq Ft
10/29/2019 10/29/19 Price Changed $385,000 -2.5% $278 / Sq Ft
07/24/2019 07/24/19 For Sale $395,000 -- $285 / Sq Ft
Source: New Jersey 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 $7,169 $340,100 $130,000 $210,100
2024 $7,139 $340,100 $130,000 $210,100
2023 $7,139 $340,100 $130,000 $210,100
2022 $6,530 $340,100 $130,000 $210,100
2021 $6,435 $340,100 $130,000 $210,100
2020 $6,414 $340,100 $130,000 $210,100
2019 $6,435 $340,100 $130,000 $210,100
2018 $6,322 $340,100 $130,000 $210,100
2017 $6,135 $340,100 $130,000 $210,100
2016 $6,047 $340,100 $130,000 $210,100
2015 $5,806 $340,100 $130,000 $210,100
2014 $5,680 $340,100 $130,000 $210,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2022

    Erika Melchior

    Vikki Healey Properties, LLC

    (201) 403-6452

    29 Total Sales

    Erika Melchior
    Section Image

  • O

    Tenant's Agent in 2022

    Outside Agent

    Outside Office

  • Philip Platania

    Seller's Agent in 2020

    Philip Platania

    COLDWELL BANKER REALTY

    (201) 248-9857

    5 Total Sales

    Philip Platania
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22014109

New Jersey MLS

APN: 12-04402-0000-00014-0000-C2504

New Jersey Morris County Whippany 07981

2504 Cortland Ln Unit 2504, Whippany, NJ

Not Listed for Sale

Condos

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