5 Lane St Morris Plains, NJ 07950
Estimated Value: $862,113 - $988,000
--
Bed
--
Bath
2,464
Sq Ft
$372/Sq Ft
Est. Value
About This Home
This home is located at 5 Lane St, Morris Plains, NJ 07950 and is currently estimated at $917,778, approximately $372 per square foot. 5 Lane St is a home located in Morris County with nearby schools including Mount Tabor School, Brooklawn Middle School, and Parsippany Hills High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2012
Sold by
Patel Sonal and Patel Amit
Bought by
Patel Sonal A and Patel Amit J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2007
Sold by
Bigica Mary Ann and Rusuloj Viorel
Bought by
Patel Amit and Patel Sonal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Sonal A | -- | Chicago Title Insurance Co | |
| Patel Amit | $600,000 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Sonal | $271,700 | |
| Closed | Patel Sonal A | $357,000 | |
| Closed | Patel Sonal A | $390,000 | |
| Closed | Patel Sonal A | $390,000 | |
| Closed | Patel Sonal | $399,000 | |
| Closed | Patel Amit | $403,600 | |
| Closed | Patel Amit | $417,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,147 | $436,000 | $189,200 | $246,800 |
| 2024 | $14,859 | $436,000 | $189,200 | $246,800 |
| 2023 | $14,859 | $436,000 | $189,200 | $246,800 |
| 2022 | $13,826 | $436,000 | $189,200 | $246,800 |
| 2021 | $13,826 | $436,000 | $189,200 | $246,800 |
| 2020 | $13,446 | $436,000 | $189,200 | $246,800 |
| 2019 | $13,084 | $436,000 | $189,200 | $246,800 |
| 2018 | $12,714 | $436,000 | $189,200 | $246,800 |
| 2017 | $12,426 | $436,000 | $189,200 | $246,800 |
| 2016 | $12,212 | $436,000 | $189,200 | $246,800 |
| 2015 | $11,903 | $436,000 | $189,200 | $246,800 |
| 2014 | $11,728 | $436,000 | $189,200 | $246,800 |
Source: Public Records
Map
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