NOT LISTED FOR SALE

7 Layer Dr Morris Plains, NJ 07950

Estimated Value: $1,222,000 - $1,592,000

5 Beds
4 Baths
3,842 Sq Ft
$361/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $860,000 $224 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,021/month

About This Home

As of June 2014

This home is located at 7 Layer Dr, Morris Plains, NJ 07950 since 26 June 2014 and is currently estimated at $1,388,123, approximately $361 per square foot. This property was built in 2003. 7 Layer Dr is a home located in Morris County with nearby schools including Mountain Way Elementary School, Borough School, and The Red Oaks School.

Last Agent to Sell the Property

VINOD DATWANI

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-984-1400 Listed on: 06/26/2014

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,928

Year Built

  • Built in 2003

Lot Details

  • 0.94 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,928

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Morris
  • Street Number Display: 7
  • I D: 4428202
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-984-1400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .941 AC
  • Total Acres: 0.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jun 25, 2014
Sold by
George Tony and George Blessy
Bought by
Kashani John
Seller's Agent
VINOD DATWANI
WEICHERT REALTORS CORP HQ
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
Sold Price
$860,000
Current Estimated Value
$1,388,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,123
Avg. Annual Appreciation
4.32%
Original Mortgage
$271,000
Outstanding Balance
$206,111
Interest Rate
4.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,182,012

Purchase Details

Closed on
Jun 13, 2006
Sold by
Miller Thomas
Bought by
George Tony and Blessy George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2003
Sold by
Maramark Builders
Bought by
Miller Thomas and Miller Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%

Purchase Details

Closed on
May 31, 2002
Sold by
Boro Of Morris Plains
Bought by
Maramark Builders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Kashani John $860,000 Agent For Stewart Title Guar
George Tony $860,000 --
Miller Thomas $535,000 --
Maramark Builders $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kashani John $271,000
Open Kashani John $417,000
Previous Owner George Tony $688,000
Previous Owner Miller Thomas $450,000
Previous Owner Maramark Builders $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $860,000 -- $224 / 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
2025 $19,928 $802,900 $315,300 $487,600
2024 $20,064 $802,900 $315,300 $487,600
2023 $20,064 $802,900 $315,300 $487,600
2022 $19,663 $802,900 $315,300 $487,600
2021 $19,663 $802,900 $315,300 $487,600
2020 $19,173 $802,900 $315,300 $487,600
2019 $18,804 $802,900 $315,300 $487,600
2018 $18,194 $802,900 $315,300 $487,600
2017 $17,832 $802,900 $315,300 $487,600
2016 $17,206 $802,900 $315,300 $487,600
2015 $17,286 $802,900 $315,300 $487,600
2014 $17,086 $802,900 $315,300 $487,600
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    VINOD DATWANI

    WEICHERT REALTORS CORP HQ

  • M

    Buyer's Agent in 2014

    MICHELLE PAIS

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3123430

Garden State MLS

APN: 23-00141-0000-00032

New Jersey Morris County Morris Plains 07950

7 Layer Dr, Morris Plains, NJ

This home is located at 7 Layer Dr, Morris Plains, NJ 07950 since 26 June 2014 and is currently estimated at $1,388,123, approximately $361 per square foot. This property was built in 2003. 7 Layer Dr is a home located in Morris County with nearby schools including Mountain Way Elementary School, Borough School, and The Red Oaks School.

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