NOT LISTED FOR SALE

7 Fernwood Trail Mountain Lakes, NJ 07046

Estimated Value: $814,000 - $984,000

4 Beds
3 Baths
2,240 Sq Ft
$392/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $580,000 $259 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,261/month

About This Home

As of June 2015

This home is located at 7 Fernwood Trail, Mountain Lakes, NJ 07046 since 25 June 2015 and is currently estimated at $877,817, approximately $391 per square foot. This property was built in 1974. 7 Fernwood Trail 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: 973-539-1120 Listed on: 06/25/2015

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

JULIE WILLIAMS

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,436

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,436

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Year Built: 1974
  • County Name: Morris
  • Street Number Display: 7
  • I D: 4516926
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .301 AC
  • Total Acres: 0.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jun 25, 2015
Sold by
Gentile Joseph and Gentile Wei Zhang
Bought by
Lin Dennis and Li Joanna
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
JULIE WILLIAMS
KELLER WILLIAMS METROPOLITAN
Sold Price
$580,000
Current Estimated Value
$908,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,618
Avg. Annual Appreciation
4.20%
Original Mortgage
$400,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 14, 2008
Sold by
Aronson Laurence S
Bought by
Gentile Joseph and Zhang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1999
Sold by
Arnold Robert C and Arnold Catherine M
Bought by
Aronson Laurence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
6.87%

Purchase Details

Closed on
May 28, 1997
Sold by
Arnold Robert C and Arnold Catherine M
Bought by
Arnold Robert C and Arnold Catherine M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lin Dennis $580,000 Attorney
Gentile Joseph $567,500 Fidelity National Title
Arnonson Laurence S $346,000 --
Arnold Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Dennis $360,000
Previous Owner Lin Dennis $400,000
Previous Owner Gentile Joseph $400,000
Previous Owner Arnonson Laurence S $276,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $580,000 -- $259 / 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 $15,436 $636,100 $315,400 $320,700
2023 $15,436 $610,600 $292,800 $317,800
2022 $15,152 $556,000 $273,300 $282,700
2021 $13,027 $540,000 $265,300 $274,700
2020 $13,494 $481,600 $243,300 $238,300
2019 $13,027 $481,600 $243,300 $238,300
2018 $12,656 $481,600 $243,300 $238,300
2017 $12,387 $481,600 $243,300 $238,300
2016 $12,170 $481,600 $243,300 $238,300
2015 $11,886 $481,600 $243,300 $238,300
2014 $11,664 $481,600 $243,300 $238,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Menard

    Seller's Agent in 2015

    Mary Menard

    COMPASS NEW JERSEY, LLC

    (973) 879-2860

    103 in this area

    157 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    JULIE WILLIAMS

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3206230

Garden State MLS

APN: 25-00010-0000-00008

New Jersey Morris County Mountain Lakes 07046

7 Fernwood Trail, Mountain Lakes, NJ

This home is located at 7 Fernwood Trail, Mountain Lakes, NJ 07046 since 25 June 2015 and is currently estimated at $877,817, approximately $391 per square foot. This property was built in 1974. 7 Fernwood Trail is a home located in Morris County with nearby schools including Wildwood Elementary School, Briarcliff Middle School, and Mountain Lakes High School.

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