NOT LISTED FOR SALE

7 Lake Dr Mendham, NJ 07945

Estimated Value: $556,000 - $629,000

3 Beds
1 Bath
1,225 Sq Ft
$487/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $425,000 $347 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,843 / mo

159 Days on Market

Highlights

  • Spa
  • Cape Cod Architecture
  • Wood Flooring
  • Hilltop Elementary School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of July 2022

Enchanting Cape Cod on quiet tree lined street in the heart of Mendham Borough. Enter into the living room and settle down in front of the stone surround warming fireplace. Handsome hardwood floors can be found in the first floor living spaces and the second floor as well. Charming formal dining room and country kitchen which flows into solarium room which overlooks the private rear yard. The bedrooms all have ample storage and the second floor bedroom has room for expansion. Full basement with tons of storage and laundry area. The level rear yard is fenced and has a quaint garden cottage perfect for storage or a play house. There is a whole house generator for peace of mind when bad weather looms. There are nearby sidewalks that lead to the town center which boasts restaurants, shopping, parks and schools. Recreation abounds in Mendham with trails and parks. Highly rated award winning public school system making this a desirable town for all.

Last Agent to Sell the Property

Ellen Kiser Gordon

COLDWELL BANKER REALTY Listed on: 01/11/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

AMANDA ANDERSON

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,593

Year Built

  • Built in 1947

Lot Details

  • 16,117 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Galley Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck

Schools

  • Hilltop Elementary School
  • Mt.View Middle School
  • W.M.Mendham High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Power Generator

Listing and Financial Details

  • Assessor Parcel Number 2318-00302-0000-00008-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,593

Year Built

Built in 1947

Lot Details

0.37 Acres

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: West Main Street (Route 24) to Lake Drive, home on right.
  • I D: 5123421
  • First Name: ELLEN
  • First Name3: AMANDA
  • Last Name: GORDON
  • Last Name3: ANDERSON
  • Office Phone3: 908-878-8106
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Smoke Detector, StallShw
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Solarium
  • Other Room1 Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room, Sunroom
  • Level 2 Rooms: 1 Bedroom

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Hot Tub, Sidewalk, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Electric
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Schools

  • High School: W.M.Mendham
  • Middle Jr High School: MT.View

Lot Info

  • Lot Size: 0.370 AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7593
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2318-00302-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.301
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: Hilltop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jul 15, 2022
Sold by
Tree Sheryl
Bought by
Davie Loretta and Mills John M
Seller's Agent
Ellen Kiser Gordon
COLDWELL BANKER REALTY
Buyer's Agent
AMANDA ANDERSON
REDFIN CORPORATION
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$597,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,160
Avg. Annual Appreciation
9.49%
Original Mortgage
$361,250
Outstanding Balance
$345,734
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$251,426

Purchase Details

Closed on
Jul 25, 2001
Sold by
Thompson William
Bought by
Sheryl Tree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Davie Loretta $425,000 None Listed On Document
Sheryl Tree $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davie Loretta $361,250
Previous Owner Sheryl Tree $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $425,000 -5.6% $347 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $450,000 0.0% $367 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $450,000 -- $367 / Sq Ft
Source: Garden State MLS

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 $8,118 $330,000 $247,000 $83,000
2024 $8,098 $330,000 $247,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3758570

Garden State MLS

APN: 18-00302-0000-00008

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