$1,425,000
SOLD MAY 11, 2023

50 Lookout Rd Mountain Lakes, NJ 07046

6 Beds
5 Baths
5,001 Sq Ft
1.23 Acres

Recently Sold

$285 Per Sq Ft

14% Below List Price

179 Days on Market

About This Home

As of May 2023

This home is located at 50 Lookout Rd, Mountain Lakes, NJ 07046 and is currently priced at $1,425,000, approximately $284 per square foot. 50 Lookout Rd is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

Last Agent to Sell the Property

Mary Menard

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-315-8180 Listed on: 09/22/2022

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

ELAINE PARDALOS

BROWN HARRIS STEVENS NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,139

Lot Details

  • 1.23 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,139

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 50
  • I D: 5179829
  • Modified: 2024-05-12
  • Number Images: 1
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 4.10

Lot Info

  • Lot Size: 1.227 AC
  • Total Acres: 1.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
May 4, 2023
Sold by
Head Marcia J
Bought by
Rockwell Sarah Elizabeth Hi and Rockwell John Taylor
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELAINE PARDALOS
BROWN HARRIS STEVENS NEW JERSEY
List Price
$1,650,000
Sold Price
$1,425,000
Premium/Discount to List
-$225,000
-13.64%
Views
517
Current Estimated Value
$1,891,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,745
Avg. Annual Appreciation
12.46%
Original Mortgage
$1,140,000
Outstanding Balance
$1,113,788
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$731,308

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 13, 2018
Sold by
Wall Robert M and Wall Rosemary P
Bought by
Head Leslie
Seller's Agent
Sueanne Sylvester
COLDWELL BANKER REALTY
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.29%

Purchase Details

Closed on
Dec 10, 2003
Sold by
Wall Robert
Bought by
Wall Rosemary
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,425,000 Fidelity National Title
Deed $1,850,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,140,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $1,425,000 -10.9% $285 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
11/11/2022 11/11/22 Price Changed $1,600,000 -3.0% $320 / Sq Ft
09/22/2022 09/22/22 For Sale $1,650,000 -10.8% $330 / Sq Ft
07/23/2018 07/23/18 Sold $1,850,000 0.0% $370 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $1,850,000 -- $370 / 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 $42,139 $1,814,300 $607,700 $1,206,600
2023 $42,139 $1,666,900 $539,000 $1,127,900
2022 $40,889 $1,512,500 $509,200 $1,003,300
2021 $40,889 $1,446,700 $495,800 $950,900
2020 $41,492 $1,480,800 $670,600 $810,200
2019 $40,056 $1,480,800 $670,600 $810,200
2018 $38,915 $1,480,800 $670,600 $810,200
2017 $38,086 $1,480,800 $670,600 $810,200
2016 $37,420 $1,480,800 $670,600 $810,200
2015 $36,546 $1,480,800 $670,600 $810,200
2014 $35,865 $1,480,800 $670,600 $810,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3808829

Garden State MLS

APN: 25-00048-0000-00011