$1,210,000
SOLD JUL 1, 2025

7 Drake Rd Mendham, NJ 07945

6 Beds
4 Baths
4,350 Sq Ft
0.96 Acres

Recently Sold

$278 Per Sq Ft

3% Below List Price

38 Days on Market

About This Home

As of July 2025

This home is located at 7 Drake Rd, Mendham, NJ 07945 and is currently priced at $1,210,000, approximately $278 per square foot. This property was built in 1968. 7 Drake Rd is a home located in Morris County with nearby schools including Hilltop Elementary School, Mountain View Middle School, and West Morris Mendham High School.

Last Agent to Sell the Property

LEE-ANN VAN DEVENTER

RE/MAX SELECT Brokerage Phone: 973-539-6300 Listed on: 04/02/2025

Co-Listed By

Salvatore Petrosino

RE/MAX SELECT Brokerage Phone: 973-539-6300

Last Buyer's Agent

Jacqueline Rossi-Greene

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,095

Year Built

  • Built in 1968

Lot Details

  • 0.96 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,095

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • County Name: Morris
  • I D: 5347674
  • Attribution Contact: 973-539-6300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.20

Lot Info

  • Lot Size: 0.960 AC
  • Total Acres: 0.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Jun 27, 2025
Sold by
Havey Sean and Havey Sally
Bought by
Devito Salvatore and Mckenna Kaitlin
Seller's Agent
LEE-ANN VAN DEVENTER
RE/MAX SELECT
Buyer's Agent
Jacqueline Rossi-Greene
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,210,000
Premium/Discount to List
-$40,000
-3.2%
Views
90
Current Estimated Value
$1,249,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,298
Avg. Annual Appreciation
8.32%
Original Mortgage
$968,000
Outstanding Balance
$966,364
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$282,934

Purchase Details

Listed on
Aug 13, 2014
Closed on
Aug 13, 2014
Sold by
Falcone Neil A and Falcone Lisa
Bought by
Havey Sean and Havey Sally
Seller's Agent
Holly Suminski
TURPIN REAL ESTATE, INC.
Buyer's Agent
GAIL A MIDDLETON
KELLER WILLIAMS REALTY
Sold Price
$858,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$655,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 2002
Sold by
Swift Roland
Bought by
Falcone Neil and Falcone Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
6.61%

Purchase Details

Closed on
Feb 13, 2001
Sold by
Swift Roland B
Bought by
Swift Roland B and Swift Carolyn R

Purchase Details

Closed on
May 25, 1995
Sold by
Filandro Gerald D and Filandro Daryl Ann N
Bought by
Swift Roland B
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 Type Sale Price Title Company
Bargain Sale Deed $1,210,000 Main Street Title & Settlement
Bargain Sale Deed $1,210,000 Main Street Title & Settlement
Deed $858,000 Acres Land Title Agency Llc
Deed $669,000 --
Interfamily Deed Transfer -- --
Deed $384,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $968,000 New Conventional
Closed $968,000 New Conventional
Previous Owner $655,000 Adjustable Rate Mortgage/ARM
Previous Owner $535,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2025 07/01/25 Sold $1,210,000 -3.1% $278 / Sq Ft
05/12/2025 05/12/25 Pending -- -- --
04/20/2025 04/20/25 Price Changed $1,249,000 -0.1% $287 / Sq Ft
04/04/2025 04/04/25 For Sale $1,250,000 +45.7% $287 / Sq Ft
08/13/2014 08/13/14 Sold $858,000 -- $197 / Sq Ft View Prior Sale
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 $21,095 $857,500 $343,000 $514,500
2024 $21,043 $857,500 $343,000 $514,500
2023 $21,043 $857,500 $343,000 $514,500
2022 $20,083 $857,500 $343,000 $514,500
2021 $19,268 $857,500 $343,000 $514,500
2020 $19,731 $857,500 $343,000 $514,500
2019 $19,268 $857,500 $343,000 $514,500
2018 $18,994 $857,500 $343,000 $514,500
2017 $18,719 $857,500 $343,000 $514,500
2016 $18,153 $857,500 $343,000 $514,500
2015 $17,750 $857,500 $343,000 $514,500
2014 $17,287 $857,500 $343,000 $514,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3954562

Garden State MLS

APN: 18-01704-0000-00002