8 Cedar Tree Ln Sparta, NJ 07871
Estimated Value: $462,000 - $514,000
2
Beds
1
Bath
1,248
Sq Ft
$393/Sq Ft
Est. Value
About This Home
This home is located at 8 Cedar Tree Ln, Sparta, NJ 07871 and is currently estimated at $490,977, approximately $393 per square foot. 8 Cedar Tree Ln is a home located in Sussex County with nearby schools including Sparta High School, Alpine Montessori - Sparta, and Hilltop Country Day School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2022
Sold by
William Schollmeyer
Bought by
Schollmeyer Matthew and Monaghan Caitlin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$272,013
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$218,964
Purchase Details
Closed on
Nov 28, 2017
Sold by
Beshon Paul R and Behson Maria A
Bought by
Schollmeyer William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 1977
Bought by
Behson Paul R and Behson Marcia A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schollmeyer Matthew | $300,000 | -- | |
| Schollmeyer William | $165,000 | None Available | |
| Behson Paul R | $47,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schollmeyer Matthew | $285,000 | |
| Previous Owner | Schollmeyer William | $1,320,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,973 | $250,000 | $133,000 | $117,000 |
| 2024 | $8,715 | $250,000 | $133,000 | $117,000 |
| 2023 | $8,715 | $250,000 | $133,000 | $117,000 |
| 2022 | $8,505 | $250,000 | $133,000 | $117,000 |
| 2021 | $8,370 | $250,000 | $133,000 | $117,000 |
| 2020 | $8,500 | $250,000 | $133,000 | $117,000 |
| 2019 | $8,280 | $250,000 | $133,000 | $117,000 |
| 2018 | $9,155 | $282,400 | $133,000 | $149,400 |
| 2017 | $9,042 | $282,400 | $133,000 | $149,400 |
| 2016 | $8,831 | $282,400 | $133,000 | $149,400 |
| 2015 | $7,319 | $188,200 | $89,100 | $99,100 |
| 2014 | $7,201 | $188,200 | $89,100 | $99,100 |
Source: Public Records
Map
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