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3 Cloud Drive

3 Cloud Drive, Montville, NJ 07045
Property in Morris
Sold Jun 29, 2017
$950,000
$495,000 by American Federal Mortgage Corp
Mortgage Due May 01, 2036
Sold Jan 24, 2013
$800,000
$640,000 by Sun Home Loans
Mortgage Due Feb 01, 2043
3 Cloud Drive in Montville, NJ was first built in 1987 and is 37 years old. This has been categorized as a residential property type. There are a total of 2 floors. 3 Cloud Drive has 6,208 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 27,007 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in May 30, 2017 for $950,000. That's $153.03 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2013 for $800,000. 3 Cloud Drive was last assessed in 2023. The total value of the property was assessed at $850,000. Specifically, the land the property is located on was valued at $281,000. While improvements on the property were assessed at a total of $569,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $22,211. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 6,208
  • Building Area: 6,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARNI GAUTAM
  • Current Owner 2: ARNI PAVITRA
  • Previous Owner : LEE SUNG JAI
  • Previous Owner 2: LEE JANE B
  • Owner Before Previous Owner: DALESSIO ROBERT L
  • Owner Before Previous Owner 2: DALESSIO JULIE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montville Township School District
  • Census Tract: 040805

Zoning

  • Zoning: R27A

Geography

  • Assessors Map Reference: TAX MAP 36
  • District: 21
  • Parcel: 21 00082- 2-00052- 10
  • Block: 82.2
  • Lot: 52.10
  • Municipality: MONTVILLE TWP
  • Latitude: 40.9014
  • Longitude: -74.3468

    Address

  • Full Address: 3 Cloud Dr
  • Address - House Number: 3
  • Address - Street Name: Cloud
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Montville
  • Carrier Code: R005
  • 4-Digit Zip Code: 9333
  • Zip Code: 07045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,211

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,278,117
  • High Value: 1,474,988
  • Low Value: 1,081,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $495,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $1,010,101
  • Market Land Value: $333,928
  • Market Improvement Value: $676,173

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $850,000
  • Assessed Land Value: $281,000
  • Assessed Improvements Value: $569,000

    Sales

  • Current Sale Contract Date: May 30, 2017
  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Transaction ID: 1589577271
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017037558
  • Previous Sale Recording Date: Jan 24, 2013
  • Previous Sale Contract Date: Jan 18, 2013
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 29, 2017
  • First Mortgage Loan Amount: $636,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SUN HOME LOANS
  • Previous Mortgage Transaction Date: Jan 24, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2043

About Morris



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3 Cloud Drive located in?
The 3 Cloud Drive is a located in the neighborhood of Morris in Morris, Montville.
What is the average sales price for listings in 3 Cloud Drive?
The average sales price for units in 3 Cloud Drive is $0 currently.

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