NOT LISTED FOR SALE

38 Vail Rd Landing, NJ 07850

Estimated Value: $497,000 - $525,000

3 Beds
2 Baths
1,750 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $350,000 $200 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,309/month

21 Days on Market

About This Home

As of October 2021

This home is located at 38 Vail Rd, Landing, NJ 07850 since 11 August 2021 and is currently estimated at $512,598, approximately $292 per square foot. This property was built in 1973. 38 Vail Rd is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Last Agent to Sell the Property

Michael Jacobellis

COLDWELL BANKER REALTY Brokerage Phone: 973-770-7777 Listed on: 08/11/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

FELIPE CABEZAS

VISION REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,227

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,227

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • County Name: Morris
  • Street Number Display: 38
  • I D: 5095468
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 973-770-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 60X125
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 14, 2021
Sold by
Spaulding Laura Ann and Estate Of Peter Lamarca
Bought by
Obiaga Martin J
Seller's Agent
Michael Jacobellis
COLDWELL BANKER REALTY
Buyer's Agent
FELIPE CABEZAS
VISION REALTY
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$512,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,598
Avg. Annual Appreciation
10.29%
Original Mortgage
$12,250
Interest Rate
2.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 28, 2007
Sold by
Panchana Edison and Panchana Cruz
Bought by
Lamarca Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2000
Sold by
Komanduri Screenivas and Komanduri Vijay
Bought by
Panchana Edison and Panchana Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 14, 1999
Sold by
Bilotti Alan J and Bilotti Geraldine M
Bought by
Komanduri Screenivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,900
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Obiaga Martin J $350,000 Noble Title Agency Inc
Lamarca Peter $345,000 Chicago Title Insurance Co
Panchana Edison $177,000 --
Komanduri Screenivas $155,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obiaga Martin J $15,882
Closed Obiaga Martin J $13,108
Previous Owner Obiaga Martin J $12,250
Previous Owner Obiaga Martin J $343,660
Previous Owner Lamarca Peter $362,200
Previous Owner Lamarca Peter $69,000
Previous Owner Lamarca Peter $276,000
Previous Owner Panchana Edison $100,000
Previous Owner Panchana Edison $184,720
Previous Owner Panchana Edison $141,000
Previous Owner Komanduri Screenivas $154,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $350,000 +3.2% $200 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/20/2021 08/20/21 Price Changed $339,000 -5.6% $194 / Sq Ft
08/12/2021 08/12/21 For Sale $359,000 -- $205 / 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 $7,227 $262,900 $80,500 $182,400
2024 $7,114 $262,900 $80,500 $182,400
2023 $7,114 $262,900 $80,500 $182,400
2022 $6,925 $262,900 $80,500 $182,400
2021 $6,925 $262,900 $80,500 $182,400
2020 $6,912 $262,900 $80,500 $182,400
2019 $6,783 $262,900 $80,500 $182,400
2018 $6,926 $160,700 $49,500 $111,200
2017 $6,889 $160,700 $49,500 $111,200
2016 $6,754 $160,700 $49,500 $111,200
2015 $6,587 $160,700 $49,500 $111,200
2014 $6,483 $160,700 $49,500 $111,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Jacobellis

    Seller's Agent in 2021

    Michael Jacobellis

    COLDWELL BANKER REALTY

    (201) 230-9537

    1 in this area

    43 Total Sales

    Michael Jacobellis
    Section Image

  • F

    Buyer's Agent in 2021

    FELIPE CABEZAS

    VISION REALTY

    (732) 921-0410

    1 in this area

    10 Total Sales

    FELIPE CABEZAS
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3733729

Garden State MLS

APN: 36-11105-0000-00010

New Jersey Morris County Landing 07850

38 Vail Rd, Landing, NJ

This home is located at 38 Vail Rd, Landing, NJ 07850 since 11 August 2021 and is currently estimated at $512,598, approximately $292 per square foot. This property was built in 1973. 38 Vail Rd is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

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