NOT LISTED FOR SALE

50 Gormley Ln Kinnelon, NJ 07405

Estimated Value: $965,000 - $1,040,000

5 Beds
4 Baths
3,240 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $735,000 $227 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,008/month

84 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Recreation Room
  • Stonybrook School Rated A-
  • Custom Home
  • Wooded Lot

About This Home

As of October 2018

PUBLIC SEWER & WATER ! You will find everything you are looking for in this Amazing Custom Home with formal & Informal area's.Open Concept for entertaining . Large EIK with Cherry Cab , Center Island, Sub Zero Refrig open to the 2 Story Great Rm with a Fireplace & walls of windows. Main level Bedroom, full bathroom & 2 Car Garage.Custom Moldings,hwflrs & Sophisticated finishes through-out.The Master Bedroom offers a Tray Ceiling, sitting rm,2 walk-in closets, A Master bathrm with a soaking tub, double sink vanity & stall Shower .Finished Walk out Lower Level with separate entrance offers a Rec RM , Full Bath RM & a possible 6th bedroom or office."LIVE THE LIFE" Enjoy a Heated In-Ground Pool, Hot Tub, Privacy yet close to Major Hwys, Shopping, Restaurants,Golf Courses, Parks, & only 30 Miles from NYC

Last Agent to Sell the Property

CINDY GALLAGHER

COLDWELL BANKER REALTY Listed on: 06/07/2018

Last Buyer's Agent

CINDY GALLAGHER

COLDWELL BANKER REALTY Listed on: 06/07/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,937

Lot Details

  • 0.98 Acre Lot
  • Fenced
  • Level Lot
  • Flag Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composition Shingle
  • Composite Building Materials
  • Tile

Interior Spaces

  • 3,240 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Pearlmillr Middle School
  • Kinnelon High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2315-45404-0000-00107-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,937

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • County Name: Morris
  • Exclusions: Kit and DR Chandelier, Refrgerator in Garage
  • Street Number Display: 50A
  • Directions: Boonton Ave to Kakeout Rd to Gormley Lane to 50A
  • I D: 4809708
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CINDY
  • First Name3: CINDY
  • Last Name: GALLAGHER
  • Last Name3: GALLAGHER
  • Office Phone: 973-283-7725
  • Office Phone3: 973-283-7725
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Gas Fireplace, Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Generator-Built-In, OvnWElec, Refrigerator, CookGas, Hot Tub, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: SoakTub, Drapes, TubShowr, StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Hot Tub, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Sitting Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Utility Room, Walkout, Workshop, Storage Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Utility Room
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Foyer, Living Room, Pantry, Dining Room, Great Room, Bath Main, Bath(s) Other, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 3240
  • Phone: 973-838-9300

Exterior Features

  • Exterior Description: Composition Siding, Stone, Composition Shingle
  • Exterior Features: OutDrKit, Underground Lawn Sprinkler, Hot Tub, Patio, Metal Fence, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Detached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: Gravel, 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Middle School: Pearlmillr
  • High School: Kinnelon
  • High School: Kinnelon
  • Middle Jr High School: Pearlmillr

Lot Info

  • Lot Size: 0.981 AC
  • Assessed Improvement Value: 482300
  • Assessed Land Value: 238100
  • Assessment: 720400
  • Easement: Yes
  • Lot Description: Level Lot, Flag Lot, Wooded Lot
  • Lot Identifier: 107
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.98
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 17937
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2315-45404-0000-00107-0000-
  • Tax Rate Amount: 2.490
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Oct 12, 2018
Sold by
Lutz Jeffery and Lutz Vickie
Bought by
Galus Piotr and Galus Sarah
Seller's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
Buyer's Agent
CINDY GALLAGHER
COLDWELL BANKER REALTY
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%
Current Estimated Value
$968,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,969
Avg. Annual Appreciation
3.80%
Original Mortgage
$494,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Marion Roger
Bought by
Lutz Jeff and Lutz Vickie
Source: Public Records

Range of Values:

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Average Value
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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
Galus Piotr $735,000 Nrt Title Agency Llc
Lutz Jeff $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galus Piotr $492,000
Closed Galus Piotr $492,000
Closed Galus Sarah $495,000
Closed Galus Piotr $495,000
Closed Galus Piotr $494,000
Previous Owner Lutz Jeffrey $350,000
Previous Owner Lutz Jefferey $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $735,000 -5.2% $227 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $775,000 -- $239 / 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
2024 $20,438 $720,400 $238,100 $482,300
2023 $20,438 $720,400 $238,100 $482,300
2022 $19,429 $720,400 $238,100 $482,300
2021 $19,429 $720,400 $238,100 $482,300
2020 $19,069 $720,400 $238,100 $482,300
2019 $18,630 $720,400 $238,100 $482,300
2018 $18,248 $720,400 $238,100 $482,300
2017 $17,938 $720,400 $238,100 $482,300
2016 $17,744 $545,800 $127,400 $418,400
2015 $17,040 $545,800 $127,400 $418,400
2014 $16,751 $545,800 $127,400 $418,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3477592

Garden State MLS

APN: 15-45404-0000-00107