NOT LISTED FOR SALE

7 Mullbrook Ln Towaco, NJ 07082

Estimated Value: $1,607,000 - $2,012,000

4 Beds
6 Baths
4,711 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $995,000 $211 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $11,564/month

163 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Wooded Lot
  • Montville Township High School Rated A
  • 4.26 Acre Lot
  • Wood Flooring

About This Home

As of October 2018

Wow HUGE price adjustment...Reduced 175K Elegance and seclusion awaits walking distance from the Lake Valhalla Club. Enter this grand estate through the private gates at the end of the cul-de-sac. Cathedral ceilings, first-floor master suite, oversized rec room, extra large three car garage, media room, in-law suite...the list goes on! Enjoy all these amenities, situated on over four acres of park-like property. Elevator shaft in place for your future ups & downs. Make an appointment today to experience this distinguished estate.

Last Agent to Sell the Property

JOSEPH POLIZZI

KELLER WILLIAMS METROPOLITAN Listed on: 02/20/2018

Last Buyer's Agent

Melquisedec Lourido

EREALTY ADVISORS, INC.

EREALTY ADVISORS, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,997

Year Built

  • Built in 2008

Lot Details

  • 4.26 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Parking Lot

Home Design

  • Custom Home
  • Ranch Style House
  • Stone Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 4,711 Sq Ft Home
  • Dry Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • W.Mason Elementary School
  • Lazar Middle School
  • Montville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil Below Ground
  • Standard Electricity
  • Oil Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2321-00021-0001-00038-0018-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,997

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Style: Custom Home, Ranch
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: theater chairs & equipment, washer/dryer, tenant property
  • Street Number Display: 7
  • Directions: 202 - Valhalla Rd - Old Lane - Mulbrook Ln
  • I D: 4779998
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JOSEPH
  • First Name3: MELQUISEDEC
  • Last Name: POLIZZI
  • Last Name3: LOURIDO
  • Office Phone3: 201-751-5409
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, CookElec, Dishwasher, Sump Pump
  • Interior Amenities: Bar-Dry, JacuzTyp, StallShw, Walk-In Closet, StallTub, Carbon Monoxide Detector, High Ceilings
  • Number Rooms: 14
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Walkout, Finished, Full
  • Basement Level Rooms: 1 Bedroom, Utility Room, Office, Walkout, GarEnter, Exercise Room, Bath(s) Other, Media Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 17x15
  • Kitchen Level: First
  • Living Room Dim: 13x13
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 20x20
  • Other Room1 Level: First
  • Other Room 2: Attic
  • Other Room2 Level: Second
  • Level 1 Rooms: Breakfast Room, 4 Or More Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Family Room, RecRoom
  • Level 2 Rooms: Attic
  • Estimated Sq Ft: 4711
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Stone, Stucco, Vinyl Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Parking Lot-Exclusive, Blacktop

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Oil

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • Elementary School: W.Mason
  • Middle School: Lazar
  • High School: Montville
  • High School: Montville
  • Middle Jr High School: Lazar

Lot Info

  • Lot Size: 4.260 AC
  • Assessed Improvement Value: 745400
  • Assessed Land Value: 381500
  • Assessment: 1126900
  • Easement: Unknown
  • Lot Description: Private Road, Cul-De-Sac, Wooded Lot
  • Lot Identifier: 38.18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 4.26

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25997
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2321-00021-0001-00038-0018-
  • Tax Rate Amount: 2.307
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: W.Mason

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Oct 23, 2018
Sold by
Foss Glenn and Foss Christine
Bought by
Gupta Vikas and Patel Tejal
Seller's Agent
JOSEPH POLIZZI
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Melquisedec Lourido
EREALTY ADVISORS, INC.
List Price
$1,225,000
Sold Price
$995,000
Premium/Discount to List
-$230,000
-18.78%
Current Estimated Value
$1,774,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,554
Avg. Annual Appreciation
8.67%
Original Mortgage
$679,000
Outstanding Balance
$593,388
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,181,166

Purchase Details

Closed on
May 3, 2005
Sold by
Frank Pasquale Lp
Bought by
Foss Glenn Foss Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,800
Interest Rate
6.05%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Pasquale Frank F
Bought by
Frank Pasquale Ltd Partnership

Purchase Details

Closed on
Aug 21, 1997
Sold by
Citicorp Mtg Inc
Bought by
Foss Glenn and Foss Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
7.42%
Source: Public Records

Range of Values:

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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
Gupta Vikas $995,000 None Available
Foss Glenn Foss Christine $629,000 --
Frank Pasquale Ltd Partnership -- --
Foss Glenn $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Vikas $679,000
Previous Owner Foss Glenn Foss Christine $593,800
Previous Owner Foss Glenn $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2018 10/23/18 Sold $995,000 -18.8% $211 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,225,000 -- $260 / 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 $25,877 $975,000 $381,500 $593,500
2024 $25,877 $975,000 $381,500 $593,500
2023 $25,331 $975,000 $381,500 $593,500
2022 $24,560 $975,000 $381,500 $593,500
2021 $24,560 $975,000 $381,500 $593,500
2020 $24,063 $975,000 $381,500 $593,500
2019 $27,316 $1,126,900 $381,500 $745,400
2018 $27,079 $1,126,900 $381,500 $745,400
2017 $26,381 $1,126,900 $381,500 $745,400
2016 $25,817 $1,126,900 $381,500 $745,400
2015 $25,412 $1,126,900 $381,500 $745,400
2014 $25,074 $1,026,000 $381,500 $644,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3448333

Garden State MLS

APN: 21-00021-1-00038-18