NOT LISTED FOR SALE

515 Drakestown Rd Mount Olive, NJ 07836

Estimated Value: $489,000 - $618,000

4 Beds
2 Baths
2,016 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $440,000 $218 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,739/month

18 Days on Market

About This Home

As of September 2023

This home is located at 515 Drakestown Rd, Mount Olive, NJ 07836 since 10 July 2023 and is currently estimated at $545,468, approximately $270 per square foot. This property was built in 1945. 515 Drakestown Rd is a home located in Morris County with nearby schools including Mt Olive Middle School and Mount Olive High School.

Last Agent to Sell the Property

CYNTHIA CHENG

FIEDLER REAL ESTATE Brokerage Phone: 908-852-2200 Listed on: 07/10/2023

Last Buyer's Agent

CATHERINE THORSEN

FIEDLER REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • 1945

Lot Details

  • 1

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

1945

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 515
  • I D: 5228372
  • Modified: 2024-09-26
  • Number Images: 1
  • Attribution Contact: 908-852-2200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 6, 2023
Sold by
Osa William and Mccollum Arlene
Bought by
Ggi Enterprise Llc
Seller's Agent
CYNTHIA CHENG
FIEDLER REAL ESTATE
Buyer's Agent
CATHERINE THORSEN
FIEDLER REAL ESTATE
List Price
$495,000
Sold Price
$440,000
Premium/Discount to List
-$55,000
-11.11%
Total Days on Market
18
Views
14
Current Estimated Value
$545,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,468
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Jul 11, 2016
Sold by
Osa William
Bought by
Osa William and Mccollum Arlene
Source: Public Records

Similar Homes in the area

  • 158 Mount Olive Rd, Flanders, NJ 07836

    $579,000

    • 3 Beds
    • 2 Baths
    • 158 Mount Olive Rd
    • Flanders, NJ

    This modernized expanded ranch in desirable Flanders location is sure to impress! Open floor plan concept with eat-in kitchen featuring large center island, farm style deep sink, Quartz counter tops, S/S appliances, plenty of cabinet storage, breakfast bar/updated fixtures and attention to detail! Over-sized Living Rm with Cathedral ceilings, plenty of windows and natural light. Spacious dining

    Olga Tsiavos RE/MAX SELECT - Rockaway

    Section Image
  • 542 Drakestown Rd, Flanders, NJ 07836

    $649,000

    • 4 Beds
    • 2.5 Baths
    • 3,038 Sq Ft
    • 542 Drakestown Rd
    • Flanders, NJ

    Spacious Bi-Level Home in Desirable Mt. Olive!Over 3,000 sq ft (as per NJ tax records) of beautifully designed living space set on more than 1 acre of private, wooded property! This 4-bedroom, 2.5-bath home offers exceptional space, comfort, and privacy. The main level boasts a stunning great room with herringbone hardwood floors, cathedral ceilings, skylights, a gas fireplace, and expansive

    LINDSAY LIJO WEICHERT REALTORS

    Section Image
  • 138 Bartley Flanders Rd, Flanders, NJ 07836

    $499,000

    • 3 Beds
    • 2.5 Baths
    • 138 Bartley Flanders Rd
    • Flanders, NJ

    Welcome to 138 Bartley-Flanders, a stunning residence that perfectly blends modern comfort with timeless elegance. This spacious home features three thoughtfully designed bedrooms and two and a half bathrooms, making it ideal for everyone and entertaining guests alike. As you step inside, you'll be greeted by beautiful hardwood floors that flow throughout the main living areas, enhancing the

    Nicole Fletcher RE/MAX SELECT

    Section Image
  • 9 Alden Terrace, Flanders, NJ 07836

    $579,000

    • 4 Beds
    • 1.5 Baths
    • 9 Alden Terrace
    • Flanders, NJ

    Welcome to 9 Alden Terrace! Light-Filled, Stylish & Move-In Ready in Flanders' Beloved Clover Hill Neighborhood! This charming 4-bedroom, 1.5-bath split-level dazzles with natural light, modern updates, and a layout that makes everyday living effortless. From the moment you walk in, you're wrapped in warmth from the open, airy design to the thoughtfully curated finishes throughout. Downstairs,

    Aryana Oveissi CHRISTIE'S INT. REAL ESTATE GROUP

    Section Image
  • 31 Devonshire Terrace, Flanders, NJ 07836

    $500,000

    • 4 Beds
    • 2.5 Baths
    • 31 Devonshire Terrace
    • Flanders, NJ

    BOM-First time on the Market! 4-bedroom, 2.1-bathroom Split Level home w/ suite nestled in the highly sought-after section of Clover Hill in Flanders Mt Olive Twp! Ground Level offer Family Room, 3 Season Room and half bathroom. First Level features Living room, Dining Room and eat-in Kitchen. Second Level offers 3 Bedrooms and Main Full Bathroom. Private staircase from Living Room leads to

    Melissa Silva RE/MAX TOWN & VALLEY

    Section Image
  • 7 Brewster Place, Flanders, NJ 07836

    $539,000

    • 3 Beds
    • 1.5 Baths
    • 7 Brewster Place
    • Flanders, NJ

    Beautiful move in ready three bedroom split level on well-manicured level lot in desirable Clover Hill section of Flanders. Light and bright home welcomes you into fabulous family room with built in cabinetry, neutral wall to wall carpeting, storage area and sliding glass door to covered patio overlooking fully fenced-in lovely level yard with play area, shed and additional paver patio. Well

    Patricia Fletcher COMPASS NEW JERSEY, LLC

    Section Image
  • 9 Harwich Rd, Flanders, NJ 07836

    $550,000

    • 3 Beds
    • 1.5 Baths
    • 9 Harwich Rd
    • Flanders, NJ

    What a great home! Nothing to do but unpack and enjoy. 3 bedroom splitlevel has been lovingly cared for and updated. Features include refinished hardwood flooring throughout, generous sized kitchen with skylight, bay window and granite counter tops, formal dining room, spacious living room, 1st floor family room, updated powder room, garage, partially finished basement, 3 spacious bedrooms and

    Kelly Holmquist KELLER WILLIAMS METROPOLITAN

    Section Image
  • 31 Hillery Dr, Flanders, NJ 07836

    $549,000

    • 4 Beds
    • 3 Baths
    • 31 Hillery Dr
    • Flanders, NJ

    Welcome to 31 Hillery Drive, located in the sought-after Clover Hill section of Mt. Olive. This beautifully maintained colonial offers a blend of comfort and functionality with generous living spaces and a gentle flow throughout. The heart of the home is an updated kitchen featuring stainless steel appliances, ample cabinet storage, and tiled backsplash. The sunlit family room opens to the

    Glen Baker RE/MAX SELECT

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ggi Enterprise Llc $440,000 Westcor Land Title
Osa William -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $440,000 -11.1% $218 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $495,000 -- $246 / 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 $8,125 $247,200 $145,600 $101,600
2023 $8,125 $247,200 $145,600 $101,600
2022 $8,068 $247,200 $145,600 $101,600
2021 $8,068 $247,200 $145,600 $101,600
2020 $8,190 $247,200 $145,600 $101,600
2019 $8,163 $247,200 $145,600 $101,600
2018 $8,083 $247,200 $145,600 $101,600
2017 $7,943 $247,200 $145,600 $101,600
2016 $7,690 $247,200 $145,600 $101,600
2015 $7,871 $247,200 $145,600 $101,600
2014 $7,878 $247,200 $145,600 $101,600
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3853672

Garden State MLS

APN: 27-06900-0000-00006