NOT LISTED FOR SALE

42 Drake Ln Ledgewood, NJ 07852

Estimated Value: $413,000 - $421,513

3 Beds
-- Bath
1,489 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 42 Drake Ln, Ledgewood, NJ 07852 and is currently estimated at $416,628, approximately $279 per square foot. 42 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Brown Robert J
Bought by
Brown Michelle L
Current Estimated Value
$416,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$203,180
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$213,448

Purchase Details

Closed on
Nov 7, 2001
Sold by
Brown Jeff
Bought by
Brown Robert and Brown Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brown Michelle L $325,000 Land Title
Brown Robert $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Michelle L $210,000
Previous Owner Brown Robert $85,500
Source: Public Records

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 $6,248 $227,300 $90,000 $137,300
2024 $6,151 $227,300 $90,000 $137,300
2023 $6,151 $227,300 $90,000 $137,300
2022 $5,538 $227,300 $90,000 $137,300
2021 $5,538 $227,300 $90,000 $137,300
2020 $5,976 $227,300 $90,000 $137,300
2019 $5,864 $227,300 $90,000 $137,300
2018 $5,775 $134,000 $66,500 $67,500
2017 $5,745 $134,000 $66,500 $67,500
2016 $5,632 $134,000 $66,500 $67,500
2015 $5,493 $134,000 $66,500 $67,500
2014 $5,406 $134,000 $66,500 $67,500
Source: Public Records

Map

New Jersey Morris County Ledgewood 07852

42 Drake Ln, Ledgewood, NJ

Not Listed for Sale

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