NOT LISTED FOR SALE

503 Powerville Rd Boonton, NJ 07005

Estimated Value: $628,000 - $832,000

3 Beds
1.5 Baths
2,080 Sq Ft
$339/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $430,000 $207 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,510/month

13 Days on Market

Highlights

  • 3.3 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Rockaway Valley Elementary School Rated A-
  • Deck
  • Home Office

About This Home

As of March 2021

Absolutely Charming Early Century Farmhouse. Fully Renovated and Ready To Move right in. This Home Boasts an open concept, Beautiful Hardwood Floors and a Fantastic backyard with over 3 acres.

Last Agent to Sell the Property

MICHAEL LAVACHIA

COLDWELL BANKER REALTY Listed on: 11/17/2020

Last Buyer's Agent

THI BAY MIRADOLI

COLDWELL BANKER REALTY ALP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,773

Year Built

  • Built in 1898

Lot Details

  • 3.3

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • French Drain

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Rockawayvl Middle School
  • Mountain Lakes High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Baseboard Heater
  • Standard Electricity
  • Well
  • Septic System

Additional Features

  • Deck
  • 3.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2302-21201-0000-00006-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,773

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1898
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Powerville past four corners on the left
  • I D: 5026974
  • First Name: MICHAEL
  • First Name3: THI BAY
  • Last Name: LAVACHIA
  • Last Name3: MIRADOLI
  • Office Phone: 973-263-0400
  • Office Phone3: 2018948004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, French Drain, Unfinished, Walkout
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 15x13
  • Living Room Level: First
  • Other Room 2: Utility Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Den, Dining Room, Family Room, Kitchen, Laundry Room, Living Room, LivDinRm, Office, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, SittngRm
  • Phone: 973-263-0400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Electric, Radiators - Steam
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well

Schools

  • High School: Mountain Lakes
  • Middle Jr High School: RockawayVL

Lot Info

  • Lot Size: 3.30 AC
  • Lot Description: Backs to Park Land
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.30

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8773
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2302-21201-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.315
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Mar 18, 2021
Sold by
Ameres Christopher and Ameres Elena
Bought by
Bauer Daniel and Brewer Marie
Seller's Agent
MICHAEL LAVACHIA
COLDWELL BANKER REALTY
Buyer's Agent
THI BAY MIRADOLI
COLDWELL BANKER REALTY ALP
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$705,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,406
Avg. Annual Appreciation
11.18%
Original Mortgage
$387,000
Outstanding Balance
$347,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$357,903

Purchase Details

Closed on
Apr 8, 2009
Sold by
Honan Brian and Honan Andrea
Bought by
Ameres Christopher and Ameres Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,990
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Haas Robert
Bought by
Honan Brian and Honan Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
5.89%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Laracca Frank
Bought by
Haas Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
6.48%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Boonton Transport
Bought by
Laracca Frank P and Laracca Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bauer Daniel $430,000 Builders Title Agency Inc
Bauer Daniel $430,000 None Listed On Document
Ameres Christopher $441,100 Fidelity Natl Title Ins Co
Honan Brian $359,000 --
Haas Robert $292,000 --
Laracca Frank P $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Daniel $387,000
Closed Bauer Daniel $387,000
Previous Owner Ameres Christopher $396,990
Previous Owner Honan Brian $287,200
Previous Owner Haas Robert $262,800
Previous Owner Laracca Frank P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $430,000 -3.4% $207 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $445,000 -- $214 / 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 $9,498 $379,000 $206,600 $172,400
2024 $9,388 $379,000 $206,600 $172,400
2023 $9,388 $379,000 $206,600 $172,400
2022 $9,001 $379,000 $206,600 $172,400
2021 $9,001 $379,000 $206,600 $172,400
2020 $8,895 $379,000 $206,600 $172,400
2019 $8,774 $379,000 $206,600 $172,400
2018 $8,543 $379,000 $206,600 $172,400
2017 $8,418 $379,000 $206,600 $172,400
2016 $8,308 $379,000 $206,600 $172,400
2015 $8,308 $379,000 $206,600 $172,400
2014 $8,270 $379,000 $206,600 $172,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3678936

Garden State MLS

APN: 02-21201-0000-00006