$496,000
SOLD NOV 19, 2024

7 Terry Ln Wharton, NJ 07885

4 Beds
2 Baths
1,366 Sq Ft
0.36 Acres

Recently Sold

$363 Per Sq Ft

2% Above List Price

9 Days on Market

About This Home

As of November 2024

This home is located at 7 Terry Ln, Wharton, NJ 07885 and is currently priced at $496,000, approximately $363 per square foot. This property was built in 1959. 7 Terry Ln is a home located in Morris County with nearby schools including Marie V. Duffy Elementary School and A C Mac Kinnon Middle School.

Last Agent to Sell the Property

Paola Silva

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 09/19/2024

RE/MAX SELECT

Last Buyer's Agent

Cesar A. Isaza

EXP REALTY, LLC

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,593

Year Built

  • Built in 1959

Lot Details

  • 0.36 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,593

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Morris
  • Street Number Display: 7
  • I D: 5318929
  • Modified: 2024-11-21
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 80X105
  • Total Acres: 0.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 15, 2024
Sold by
Concepcion Mercedes and Chacho Juan
Bought by
Marmolejo Jose and Murillo Arianna M
Seller's Agent
Paola Silva
RE/MAX SELECT
Buyer's Agent
Cesar A. Isaza
EXP REALTY, LLC
List Price
$485,000
Sold Price
$496,000
Premium/Discount to List
$11,000
2.27%
Views
36
Current Estimated Value
$515,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,791
Avg. Annual Appreciation
4.44%
Original Mortgage
$246,000
Outstanding Balance
$243,738
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$272,053

Purchase Details

Listed on
Mar 16, 2020
Closed on
Oct 5, 2020
Sold by
Chipelo Antonio and Chipelo Jennifer
Bought by
Concepcion Mercedes and Chacho Juan
Seller's Agent
Nauna Burigo
COLDWELL BANKER REALTY
Buyer's Agent
Paola Silva
RE/MAX SELECT
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$333,841
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2010
Sold by
Clark James and Clark Delois A
Bought by
Chipelo Antonio and Chipelo Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,811
Interest Rate
4.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $496,000 Nuco Title
Deed $496,000 Nuco Title
Deed $496,000 Nuco Title
Deed $340,000 American Land Title
Deed $340,000 American Land Title
Deed $240,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,000 New Conventional
Closed $246,000 New Conventional
Previous Owner $333,841 FHA
Previous Owner $236,811 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2024 11/19/24 Sold $496,000 +2.3% $363 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $485,000 +42.6% $355 / Sq Ft
10/16/2020 10/16/20 Sold $340,000 +0.3% $243 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $339,000 -- $242 / 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 $10,593 $382,100 $144,700 $237,400
2024 $10,183 $358,000 $139,700 $218,300
2023 $10,183 $340,100 $139,700 $200,400
2022 $9,177 $322,900 $139,700 $183,200
2021 $8,351 $300,800 $139,700 $161,100
2020 $8,830 $284,000 $139,700 $144,300
2019 $8,351 $270,800 $139,700 $131,100
2018 $8,014 $265,200 $139,700 $125,500
2017 $7,787 $254,900 $139,700 $115,200
2016 $7,271 $255,400 $139,700 $115,700
2015 $7,678 $253,900 $139,700 $114,200
2014 $7,719 $252,500 $139,700 $112,800
Source: Public Records

Agents Affiliated with this Home

  • Paola Silva

    Seller's Agent in 2024

    Paola Silva

    RE/MAX

    (973) 341-0473

    5 in this area

    33 Total Sales

    Paola Silva
    Section Image
  • Cesar A. Isaza

    Buyer's Agent in 2024

    Cesar A. Isaza

    EXP REALTY, LLC

    (973) 462-0729

    5 in this area

    43 Total Sales

    Cesar A. Isaza
    Section Image
  • Nauna Burigo

    Seller's Agent in 2020

    Nauna Burigo

    COLDWELL BANKER REALTY

    4 in this area

    26 Total Sales

    Nauna Burigo
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3929356

Garden State MLS

APN: 39-02113-0000-00002

New Jersey Morris County Wharton 07885

7 Terry Ln, Wharton, NJ

This home is located at 7 Terry Ln, Wharton, NJ 07885 and is currently priced at $496,000, approximately $363 per square foot. This property was built in 1959. 7 Terry Ln is a home located in Morris County with nearby schools including Marie V. Duffy Elementary School and A C Mac Kinnon Middle School.

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