NOT LISTED FOR SALE

7 Old Gormely Ln Kinnelon, NJ 07405

Estimated Value: $590,000 - $1,106,292

3 Beds
2 Baths
1,496 Sq Ft
$575/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $350,000 $234 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,575/month

About This Home

As of May 2015

This home is located at 7 Old Gormely Ln, Kinnelon, NJ 07405 since 15 May 2015 and is currently estimated at $859,823, approximately $574 per square foot. This property was built in 1930. 7 Old Gormely Ln is a home located in Morris County with nearby schools including Kiel School, Stonybrook School, and Pearl R. Miller Middle School.

Last Agent to Sell the Property

Jeff Montemarano

CENTURY 21 PREFERRED REALTY, INC Brokerage Phone: 973-838-1001 Listed on: 05/15/2015

Last Buyer's Agent

SARAH A MAZZELLA

CENTURY 21 PREFERRED REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,419

Year Built

  • Built in 1930

Lot Details

  • 1.02 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,419

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Morris
  • Street Number Display: 7
  • I D: 4513586
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-838-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 1.02 AC
  • Total Acres: 1.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Spell Jamie
Bought by
Jamie Lynn Spell Living Trust and Spell
Current Estimated Value
$859,823

Purchase Details

Listed on
May 15, 2015
Closed on
May 15, 2015
Sold by
Machado Cynthia G and Machado Flippen Cynthia G
Bought by
Spell Jamie
Seller's Agent
Jeff Montemarano
CENTURY 21 PREFERRED REALTY, INC
Buyer's Agent
SARAH A MAZZELLA
CENTURY 21 PREFERRED REALTY, INC
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$332,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2002
Sold by
D'Angelo Dana
Bought by
Machado Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
6.09%

Purchase Details

Closed on
Sep 15, 1998
Sold by
Farnow Laila M and Jenkins Laila M
Bought by
Dangelo Dana M and Tuzzeo Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,300
Interest Rate
6.9%
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
Jamie Lynn Spell Living Trust -- None Listed On Document
Spell Jamie $350,000 Attorney
Machado Cynthia $343,900 --
Dangelo Dana M $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spell Jamie $653,000
Previous Owner Spell Jamie $684,777
Previous Owner Spell Jamie $332,500
Previous Owner Machado-Flippen Cynthia G $335,450
Previous Owner Machado Cynthia G $46,000
Previous Owner Machado Cynthia G $22,000
Previous Owner Machado Cynthia G $359,600
Previous Owner Machado Cynthia $298,900
Previous Owner Dangelo Dana M $122,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $350,000 -- $234 / 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 $9,419 $929,000 $240,300 $688,700
2023 $9,419 $332,000 $240,300 $91,700
2022 $8,954 $332,000 $240,300 $91,700
2021 $8,954 $332,000 $240,300 $91,700
2020 $8,788 $332,000 $240,300 $91,700
2019 $8,586 $332,000 $240,300 $91,700
2018 $8,410 $332,000 $240,300 $91,700
2017 $8,267 $332,000 $240,300 $91,700
2016 $5,706 $175,500 $112,200 $63,300
2015 $5,479 $175,500 $112,200 $63,300
2014 $5,386 $175,500 $112,200 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3202432

Garden State MLS

APN: 15-45404-0000-00112