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16 Rickland Drive

16 Rickland Drive, Randolph, NJ 07869
Property in Morris
Sold Nov 06, 2019
$550,000
$385,000 by New Jersey Lenders Corp
Mortgage Due Nov 01, 2049
Local assessors in Randolph, NJ have categorized 16 Rickland Drive as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 27,007 square feet. If we look only at the heated or air conditioned part of the building, then 16 Rickland Drive has a total of 2,604 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Rickland Drive sold most recently in Oct 15, 2019 for a total of $550,000. If you work out the math, that's approximately a cost of $211.21 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,178 in taxes each year. 16 Rickland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $513,700. If we break it down further, the land itself was valued at $246,500. Improvements to the property, however, were assessed at a total of $267,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 2,604
  • Building Area: 2,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHONGUM LAKE SECTION EIGHT
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: LAKE RIGHTS B146 L8

Ownership

  • Current Owner : GALE RYAN ROBERT
  • Current Owner 2: REHM KATHLEEN MARIE
  • Previous Owner : SCHNEIDER LEONARD C
  • Previous Owner 2: SCHNEIDER KAREN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Randolph Township School District
  • Census Tract: 045704

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 54
  • Account Number: 02206563
  • District: 32
  • Parcel: 32 00155-0000-00008
  • Block: 155
  • Lot: 8
  • Municipality: RANDOLPH TWP
  • Latitude: 40.8357
  • Longitude: -74.558

    Address

  • Full Address: 16 Rickland Dr
  • Address - House Number: 16
  • Address - Street Name: Rickland
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Randolph
  • Carrier Code: R003
  • 4-Digit Zip Code: 4338
  • Zip Code: 07869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,178

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 767,000
  • High Value: 894,864
  • Low Value: 639,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Nov 06, 2019
  • First Open Lien Mortgage Loan Amount: $385,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $584,015
  • Market Land Value: $280,241
  • Market Improvement Value: $303,774

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,700
  • Assessed Land Value: $246,500
  • Assessed Improvements Value: $267,200

    Sales

  • Current Sale Contract Date: Oct 15, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Transaction ID: 11678366913
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019063174

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Nov 06, 2019
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

About Morris



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Frequently Asked Questions

What neighborhood is 16 Rickland Drive located in?
The 16 Rickland Drive is a located in the neighborhood of Morris in Morris, Randolph.
What is the average sales price for listings in 16 Rickland Drive?
The average sales price for units in 16 Rickland Drive is $0 currently.

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