$495,000
SOLD JAN 10, 2025

7 Indian Spring Rd Budd Lake, NJ 07828

3 Beds
2 Baths
1,540 Sq Ft
0.46 Acres

Recently Sold

$321 Per Sq Ft

3% Above List Price

19 Days on Market

About This Home

As of January 2025

This home is located at 7 Indian Spring Rd, Budd Lake, NJ 07828 and is currently priced at $495,000, approximately $321 per square foot. This property was built in 1964. 7 Indian Spring 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

Debra Burke

COLDWELL BANKER REALTY Brokerage Phone: 908-879-4900 Listed on: 10/29/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

KEREN GONEN

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,014

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,014

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • County Name: Morris
  • Street Number Display: 7
  • I D: 5318212
  • Modified: 2025-01-10
  • Number Images: 1
  • Attribution Contact: 908-879-4900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 100X200
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Jan 4, 2025
Sold by
Zywicki Trent and Zywicki Courtney
Bought by
Specchio Sydney and Heredia Christopher
Seller's Agent
Debra Burke
COLDWELL BANKER REALTY
Buyer's Agent
KEREN GONEN
REALTY EXECUTIVES EXCEPTIONAL
List Price
$479,000
Sold Price
$495,000
Premium/Discount to List
$16,000
3.34%
Views
97
Current Estimated Value
$496,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,367
Avg. Annual Appreciation
1.44%
Original Mortgage
$412,087
Outstanding Balance
$409,915
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$89,500

Purchase Details

Listed on
Jan 25, 2022
Closed on
Apr 12, 2022
Sold by
Anne Gibbons Karen
Bought by
Zywicki Trent and Zywicki Courtney
Seller's Agent
Debra Burke
COLDWELL BANKER REALTY
Buyer's Agent
Debra Burke
COLDWELL BANKER REALTY
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$429,940
Interest Rate
4.72%
Mortgage Type
VA

Purchase Details

Listed on
Dec 18, 2014
Closed on
Dec 16, 2014
Sold by
Martin Mary Lynn
Bought by
Gibbons Karen Anne
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$209,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Garcia Joe
Bought by
Martin Mary

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
5.95%

Purchase Details

Closed on
Jul 18, 1994
Sold by
Hummel Grace
Bought by
Garcia Joseph and Garcia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.25%
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 $495,000 None Listed On Document
Deed $495,000 None Listed On Document
Deed $415,000 New Title Company Name
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed $220,000 Ridgeview Title & Settlement
Deed $250,000 --
Deed $153,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,087 FHA
Closed $412,087 FHA
Previous Owner $429,940 VA
Previous Owner $71,000 Credit Line Revolving
Previous Owner $209,000 New Conventional
Previous Owner $319,962 FHA
Previous Owner $318,865 FHA
Previous Owner $314,153 FHA
Previous Owner $32,000 Stand Alone Second
Previous Owner $256,000 New Conventional
Previous Owner $200,000 No Value Available
Previous Owner $138,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $495,000 +3.3% $321 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $479,000 +15.4% $311 / Sq Ft
04/15/2022 04/15/22 Sold $415,000 -2.4% $269 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $425,000 +93.2% $276 / Sq Ft
12/18/2014 12/18/14 Sold $220,000 -- $143 / 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 $8,014 $243,800 $140,800 $103,000
2023 $8,014 $243,800 $140,800 $103,000
2022 $8,187 $243,800 $140,800 $103,000
2021 $8,187 $243,800 $140,800 $103,000
2020 $8,077 $243,800 $140,800 $103,000
2019 $8,050 $243,800 $140,800 $103,000
2018 $7,972 $243,800 $140,800 $103,000
2017 $7,833 $243,800 $140,800 $103,000
2016 $7,585 $243,800 $140,800 $103,000
2015 $7,763 $243,800 $140,800 $103,000
2014 $7,770 $243,800 $140,800 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931699

Garden State MLS

APN: 27-01900-0000-00010