NOT LISTED FOR SALE

8 Brookrace Dr Mendham, NJ 07945

Estimated Value: $1,833,000 - $2,294,988

5 Beds
5.5 Baths
5,721 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,150,000 $201 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $13,550/month

64 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Lake Privileges
  • Mendham Township Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Colonial Architecture

About This Home

As of June 2020

Elegance by Design- Exquisite home with magnificent & numerous up scaled upgrades and features on property bordering parkland, with rights to beautiful lake for fishing, canoeing, a dream come true! This 5 bedroom, 5.1 baths home offers gorgeous architectural details through out, French doors with transoms, back staircase, custom mantels & millwork, tray ceilings. The total floor plan, including a very well planned lower level with media, exercise, game rooms, full bath & bar, boasts grand & numerous rooms perfect for hosting formal/ casual gatherings.The beautiful & professionally landscaped private outdoors with heated inground pool entice to host more gatherings or just enjoy a quiet time with nature. SQFT from town does not include finished walk-out basement. The stucco is cement stucco on metal lath.

Last Agent to Sell the Property

FLOR THOMAS

COLDWELL BANKER REALTY Listed on: 02/13/2020

Last Buyer's Agent

CATHERINE FRATES

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,757

Year Built

  • Built in 2001

Lot Details

  • 1.01 Acre Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Tile

Interior Spaces

  • 5,721 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Game Room
  • Conservatory Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Lake Privileges
  • Patio
  • Gazebo

Schools

  • Mendham Elementary And Middle School
  • W.M.Mendham High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 2319-00104-0004-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,757

Year Built

Built in 2001

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2001
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: dining room chandelier
  • Street Number Display: 8
  • Directions: Hilltop Rd. to Pleasant Valley Rd. to right on Brookrace to #8 on left.
  • I D: 4962725
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Brookrace
  • First Name: FLOR
  • First Name3: CATHERINE
  • Last Name: THOMAS
  • Last Name3: FRATES
  • Office Phone: 973-543-3907
  • Office Phone3: 908-580-5000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Dining Room, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Trash Compactor, OvnWElec, Washer
  • Interior Amenities: Bar-Wet, Blinds, Carbon Monoxide Detector, High Ceilings, JacuzTyp, Shades, Smoke Detector, StallShw, StallTub, Walk-In Closet
  • Number Rooms: 15
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Bath(s) Other, Den, Exercise Room, GameRoom, Media Room, Rec Room, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 33x15
  • Kitchen Level: First
  • Living Room Dim: 23x15
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 15x16
  • Other Room1 Level: First
  • Other Room 2: Conservatory
  • Other Room2 Dim: 17x14
  • Other Room2 Level: First
  • Other Room 3: Bedroom
  • Other Room3 Dim: 17x15
  • Other Room3 Level: Second
  • Other Room 4: Rec Room
  • Other Room4 Dim: 43x20
  • Other Room4 Level: Basement
  • Level 1 Rooms: Breakfast Room, Conservatory, Dining Room, Family Room, Foyer, GarEnter, Kitchen, Laundry Room, Living Room, Office, Pantry, Powder Room, Storage Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 5721
  • Phone: 973-543-2552

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Gazebo, Metal Fence, Patio, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop, Paver Block

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Lake Privileges
  • Association Maintenance Fee: 450
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area
  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Mendham
  • Middle School: Mendham
  • High School: W.M.Mendham
  • High School: W.M.Mendham
  • Middle Jr High School: Mendham

Lot Info

  • Lot Size: 1.007 AC
  • Assessed Improvement Value: 831900
  • Assessed Land Value: 500700
  • Assessment: 1332600
  • Lot Description: Backs to Park Land
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.01
  • Zoning: Residential

Rental Info

  • Application Fee: 1000

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28757
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2319-00104-0004-00005-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.158
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Mendham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 10, 2020
Sold by
Moffat Michael W and Moffat Linda B
Bought by
Portland Eric and Portland Kimberly Blanchard
Seller's Agent
FLOR THOMAS
COLDWELL BANKER REALTY
Buyer's Agent
CATHERINE FRATES
BHHS FOX & ROACH
List Price
$1,299,000
Sold Price
$1,150,000
Premium/Discount to List
-$149,000
-11.47%
Current Estimated Value
$2,056,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$906,497
Avg. Annual Appreciation
12.03%
Original Mortgage
$920,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Jackson Homes
Bought by
Moffat Michael and Moffat Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%
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
Portland Eric $1,150,000 Associated Title
Moffat Michael $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portland Eric $920,000
Previous Owner Moffat Michael $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $1,150,000 -11.5% $201 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $1,299,000 -- $227 / 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 $31,827 $1,815,600 $644,000 $1,171,600
2024 $30,702 $1,638,900 $521,700 $1,117,200
2023 $30,702 $1,469,700 $456,800 $1,012,900
2022 $25,450 $1,330,000 $442,200 $887,800
2021 $25,450 $1,332,600 $500,700 $831,900
2020 $29,304 $1,332,600 $500,700 $831,900
2019 $28,758 $1,332,600 $500,700 $831,900
2018 $28,211 $1,332,600 $500,700 $831,900
2017 $27,558 $1,332,600 $500,700 $831,900
2016 $27,518 $1,332,600 $500,700 $831,900
2015 $27,012 $1,332,600 $500,700 $831,900
2014 $26,399 $1,332,600 $500,700 $831,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3616189

Garden State MLS

APN: 19-00104-04-00005