NOT LISTED FOR SALE

3 Mountain Terrace Kinnelon, NJ 07405

Estimated Value: $693,000 - $940,000

3 Beds
3 Baths
3,115 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $630,300 $202 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,739/month

9 Days on Market

About This Home

As of September 2021

This home is located at 3 Mountain Terrace, Kinnelon, NJ 07405 since 17 July 2021 and is currently estimated at $843,628, approximately $270 per square foot. This property was built in 1957. 3 Mountain Terrace is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

Last Agent to Sell the Property

CINDY GALLAGHER

COLDWELL BANKER REALTY Brokerage Phone: 973-838-9300 Listed on: 07/17/2021

Last Buyer's Agent

Linda LoCastro

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,199

Year Built

  • Built in 1957

Lot Details

  • 1.24 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,199

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • County Name: Morris
  • Street Number Display: 3
  • I D: 5088425
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 973-838-9300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.24 AC
  • Total Acres: 1.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 13, 2021
Sold by
Rispoli Marc C and Rispoli Holly
Bought by
Licastro Jason and Licastro Erica L
Seller's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
Buyer's Agent
Linda LoCastro
RE/MAX SELECT
List Price
$650,000
Sold Price
$630,300
Premium/Discount to List
-$19,700
-3.03%
Current Estimated Value
$824,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,603
Avg. Annual Appreciation
7.18%
Original Mortgage
$567,000
Outstanding Balance
$521,518
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$303,385

Purchase Details

Listed on
Dec 23, 2016
Closed on
Jun 13, 2017
Sold by
Elcher David A
Bought by
Rispoli Marc C
Seller's Agent
FRANCINE CRAVEN
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
Barbara Columbia
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$491,000
Premium/Discount to List
$41,000
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$392,800
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Lipman Sherwin
Bought by
Eichler David and Springer Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.02%
Source: Public Records

Range of Values:

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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
Licastro Jason $630,300 Fidelity National Ttl Ins Co
Rispoli Marc C $491,000 Valley National Tyiotle Serv
Eichler David $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Licastro Jason $567,000
Previous Owner Rispoli Marc C $382,000
Previous Owner Rispoli Marc C $392,800
Previous Owner Eichler David A $560,000
Previous Owner Eichler David $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $630,300 -3.0% $202 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $650,000 +32.4% $209 / Sq Ft
06/23/2017 06/23/17 Sold $491,000 +9.1% $158 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/23/2016 12/23/16 For Sale $450,000 -- $144 / 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
2024 $14,199 $500,500 $238,600 $261,900
2023 $14,199 $500,500 $238,600 $261,900
2022 $13,498 $500,500 $238,600 $261,900
2021 $12,943 $500,500 $238,600 $261,900
2020 $13,248 $500,500 $238,600 $261,900
2019 $12,943 $500,500 $238,600 $261,900
2018 $12,678 $500,500 $238,600 $261,900
2017 $15,510 $622,900 $238,600 $384,300
2016 $15,735 $484,000 $198,600 $285,400
2015 $14,758 $472,700 $198,600 $274,100
2014 $14,507 $472,700 $198,600 $274,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CINDY GALLAGHER

    COLDWELL BANKER REALTY

  • Linda LoCastro

    Buyer's Agent in 2021

    Linda LoCastro

    RE/MAX

    (973) 464-8679

    2 in this area

    31 Total Sales

    Section Image

  • F

    Seller's Agent in 2017

    FRANCINE CRAVEN

    CENTURY 21 PREFERRED REALTY, INC

  • Barbara Columbia

    Buyer's Agent in 2017

    Barbara Columbia

    COLDWELL BANKER REALTY

    (973) 975-5378

    12 in this area

    13 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3728119

Garden State MLS

APN: 15-11806-0000-00128

New Jersey Morris County Kinnelon 07405

3 Mountain Terrace, Kinnelon, NJ

This home is located at 3 Mountain Terrace, Kinnelon, NJ 07405 since 17 July 2021 and is currently estimated at $843,628, approximately $270 per square foot. This property was built in 1957. 3 Mountain Terrace is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

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