NOT LISTED FOR SALE

489 Drakestown Rd Long Valley, NJ 07853

Estimated Value: $886,000 - $993,000

4 Beds
3.5 Baths
4,167 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $560,000 $134 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,595/month

44 Days on Market

Highlights

  • 5.41 Acre Lot
  • Colonial Architecture
  • Family Room with Fireplace
  • Benedict A. Cucinella School Rated 9+
  • Deck
  • Thermal Windows

About This Home

As of December 2019

Newly Renovated Colonial Situated on a Serene 5 acres of Open Property. 4 Bedroom w Office Potential for 5th Bedroom! Newly Finished Hardwood Floors and Freshly Painted.Large Eat in Kitchen Featuring New Cabinets,Granite Countertops,Center island,SS Appliances and Separate Dining area.Custom Box Molding,Chair Rail Molding,Recess Lighting+New Light Fixtures Throughout.Fully Renovated Bathrooms.Dining Room w Coffered Ceiling.Huge Great Room w Gas Fireplace.New Carpet in Bedrooms.Huge Master Bedroom Featuring a Gas Fireplace Tray Ceilings,Sitting Room,His+Her Closets and Master Suite Bath.3 Full Baths on Top Floor including Master, Two Beds share a Renovated Jack and Jill Bathroom and an Additional Princess Suite with Full Bath.Full Basement w Tall Ceilings.Double Doors Lead to Large Deck great for Entertaining

Last Agent to Sell the Property

Matthew Rowack

EXP REALTY, LLC Listed on: 09/10/2019

EXP REALTY, LLC

Last Buyer's Agent

Deborah Piekarz

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,587

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 5.41 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,167 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2338-00014-0000-00001-0007-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,587

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2005
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2019
  • Street Number Display: 489
  • Directions: Route 46 to Naughright to Drakestown Road or Four Bridges left on Drakestown Road
  • I D: 4929644
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: MATTHEW
  • First Name3: DEBORAH
  • Last Name: ROWACK
  • Last Name3: PIEKARZ
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Range/Oven-Electric, OvnWElec, Refrigerator, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Number Rooms: 10
  • Bedrooms: 4
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Center Island, Separate Dining Area
  • Estimated Sq Ft: 4167
  • Phone: 732-821-6400

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 5
  • Parking Driveway Description: Gravel, Additional Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: GasPropL
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Lot Size: 5.412 AC
  • Assessed Improvement Value: 470900
  • Assessed Land Value: 139400
  • Assessment: 610300
  • Easement: Unknown
  • Lot Description: Irregular Lot
  • Lot Identifier: 1.7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 5.41

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15587
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2338-00014-0000-00001-0007-
  • Tax Rate Amount: 2.554
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 13, 2019
Sold by
Aces Ahead Llc
Bought by
Tyler Daniel L and Tyler Alejandra A
Seller's Agent
Matthew Rowack
EXP REALTY, LLC
Buyer's Agent
Deborah Piekarz
COLDWELL BANKER REALTY
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$960,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,993
Avg. Annual Appreciation
9.54%
Original Mortgage
$448,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2018
Closed on
Mar 26, 2019
Sold by
Infinity Real Estate Investments Llc
Bought by
Aces Ahead Llc
Seller's Agent
LAURIE GETTO
FIEDLER REAL ESTATE
Buyer's Agent
Alex Kennedy
EXP REALTY, LLC
List Price
$429,900
Sold Price
$408,900
Premium/Discount to List
-$21,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.77%
Original Mortgage
$438,750
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Infinity Real Estate Investments Llc and Aces Ahead Llc

Purchase Details

Closed on
Jan 18, 2018
Sold by
Patel Kalpesh and Patel Roshna
Bought by
Deutsche Bank National Trust Company and Ffmlt Trust

Purchase Details

Closed on
Dec 20, 2005
Sold by
Rosewood Communities
Bought by
Patel Kalpesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2005
Sold by
Dilling Robert
Bought by
Rosewood Communities

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,800
Interest Rate
5.7%
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
Tyler Daniel L $560,000 None Available
Aces Ahead Llc -- None Available
Infinity Real Estate Investments Llc $408,900 American Title Abstract Corp
Deutsche Bank National Trust Company -- None Available
Patel Kalpesh $760,000 --
Rosewood Communities $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Alejandra A $150,000
Open Tyler Daniel L $445,500
Closed Tyler Daniel L $448,000
Previous Owner Aces Ahead Llc $438,750
Previous Owner Patel Kalpesh $608,000
Previous Owner Rosewood Communities $485,800
Previous Owner Rosewood Communities Inc $506,000
Previous Owner Rosewood Communities $506,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $560,000 -2.6% $134 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $575,000 +40.6% $138 / Sq Ft
03/27/2019 03/27/19 Sold $408,900 0.0% $98 / Sq Ft
01/01/2019 01/01/19 Off Market $408,900 -- --
12/16/2018 12/16/18 For Sale $429,900 0.0% $103 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $429,900 -10.4% $103 / Sq Ft
08/31/2018 08/31/18 For Sale $479,900 -- $115 / 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 $17,705 $610,300 $139,400 $470,900
2024 $17,308 $610,300 $139,400 $470,900
2023 $17,308 $610,300 $139,400 $470,900
2022 $16,374 $610,300 $139,400 $470,900
2021 $16,374 $610,300 $139,400 $470,900
2020 $16,106 $610,300 $139,400 $470,900
2019 $15,941 $610,300 $139,400 $470,900
2018 $15,587 $610,300 $139,400 $470,900
2017 $15,251 $610,300 $139,400 $470,900
2016 $14,788 $610,300 $139,400 $470,900
2015 $14,489 $610,300 $139,400 $470,900
2014 $14,360 $610,300 $139,400 $470,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3586451

Garden State MLS

APN: 38-00014-0000-00001-07