NOT LISTED FOR SALE

470 Cherry Ln Mendham, NJ 07945

Estimated Value: $1,381,000 - $1,667,436

5 Beds
4 Baths
4,049 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $1,300,000 $321 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,450/month

26 Days on Market

About This Home

As of December 2024

This home is located at 470 Cherry Ln, Mendham, NJ 07945 since 01 October 2024 and is currently estimated at $1,486,859, approximately $367 per square foot. This property was built in 1983. 470 Cherry Ln is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.

Last Agent to Sell the Property

CLAUDIA PATTERSON

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 10/01/2024

EXP REALTY, LLC

Last Buyer's Agent

Jacqueline Rossi-Greene

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 5.03 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • County Name: Morris
  • I D: 5312635
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 5.030 AC
  • Total Acres: 5.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 9, 2024
Sold by
Jones Christopher and Jones Anne
Bought by
Rossi Nicholas and Rossi Danielle
Seller's Agent
CLAUDIA PATTERSON
EXP REALTY, LLC
Buyer's Agent
Jacqueline Rossi-Greene
COLDWELL BANKER REALTY
List Price
$1,549,000
Sold Price
$1,300,000
Premium/Discount to List
-$249,000
-16.07%
Views
50
Current Estimated Value
$1,488,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,910
Avg. Annual Appreciation
13.37%
Original Mortgage
$1,149,000
Outstanding Balance
$1,139,946
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$346,913

Purchase Details

Listed on
Mar 21, 2021
Closed on
Jul 9, 2021
Sold by
Marx Daniel S
Bought by
Jones Christopher and Jones Anne
Seller's Agent
FLOR THOMAS
COLDWELL BANKER REALTY
Buyer's Agent
CLAUDIA PATTERSON
EXP REALTY, LLC
List Price
$1,249,000
Sold Price
$1,213,000
Premium/Discount to List
-$36,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$575,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1995
Sold by
Brady Robert L and Brady Martha F
Bought by
Marx Daniel S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Rossi Nicholas $1,300,000 Main Street Title
Rossi Nicholas $1,300,000 Main Street Title
Rossi Nicholas $1,300,000 Main Street Title
Jones Christopher $1,213,000 Group 21 Title Agency
Marx Daniel S $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossi Nicholas $1,149,000
Closed Rossi Nicholas $1,149,000
Previous Owner Jones Christopher $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $1,300,000 -10.3% $321 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $1,449,000 -6.5% $358 / Sq Ft
10/04/2024 10/04/24 For Sale $1,549,000 +27.7% $383 / Sq Ft
07/09/2021 07/09/21 Sold $1,213,000 -2.9% $300 / Sq Ft View Prior Sale
05/06/2021 05/06/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $1,249,000 -- $308 / 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 $31,980 $1,300,000 $801,500 $498,500
2024 $31,902 $1,300,000 $801,500 $498,500
Source: Public Records

Agents Affiliated with this Home

  • CLAUDIA PATTERSON

    Seller's Agent in 2024

    CLAUDIA PATTERSON

    EXP REALTY, LLC

    (973) 906-3329

    2 in this area

    53 Total Sales

    CLAUDIA PATTERSON
    Section Image
  • Jacqueline Rossi-Greene

    Buyer's Agent in 2024

    Jacqueline Rossi-Greene

    COLDWELL BANKER REALTY

    (732) 887-8538

    5 in this area

    59 Total Sales

    Jacqueline Rossi-Greene
    Section Image

  • F

    Seller's Agent in 2021

    FLOR THOMAS

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3927008

Garden State MLS

APN: 18-02101-0000-00001-06

New Jersey Morris County Mendham 07945

470 Cherry Ln, Mendham, NJ

Not Listed for Sale

Detached

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