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476 Drakestown Road

476 Drakestown Road, Long Valley, NJ 07853
Property in Morris
Sold Oct 15, 2021
$284,500
$227,600 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
476 Drakestown Road in Long Valley, NJ was first built in 1948 and is 76 years old. This has been categorized as a residential property type. It is a single story home. 476 Drakestown Road has 896 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. The linear feet across the front of the lot is 1,620 ft and the linear feet between the front and back of the lot is 2,110. In total, the area measurement of the land is 34,182 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. 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. 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, 476 Drakestown Road sold most recently in Aug 10, 2021 for a total of $284,500. If you work out the math, that's approximately a cost of $317.52 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 $7,277 in taxes each year. 476 Drakestown Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,400. If we break it down further, the land itself was valued at $145,700. Improvements to the property, however, were assessed at a total of $75,700. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,182
  • Lot Size Depth Feet: 2,110
  • Lot Size Frontage Feet: 1,620
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.785
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 107 DRAKESTOWN RD

Ownership

  • Current Owner : ROWEN GEORGE
  • Previous Owner : DABROWSKI EDWARD
  • Previous Owner 2: ESTATE OF ANDREW FOTTA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046104

Zoning

  • Zoning: R-A

Geography

  • Assessors Map Reference: TAX MAP 701
  • Account Number: 731
  • District: 27
  • Parcel: 27 07000-0000-00031
  • Block: 7000
  • Lot: 31
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8279
  • Longitude: -74.7433

    Address

  • Full Address: 476 Drakestown Rd
  • Address - House Number: 476
  • Address - Street Name: Drakestown
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Long Valley
  • Carrier Code: R001
  • 4-Digit Zip Code: 3372
  • Zip Code: 07853

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,277

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 390,156
  • High Value: 461,733
  • Low Value: 318,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,600
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $227,600
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $268,853
  • Market Land Value: $176,928
  • Market Improvement Value: $91,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,400
  • Assessed Land Value: $145,700
  • Assessed Improvements Value: $75,700

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11862020004
  • Current Sale Price: $284,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021084991

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $227,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Morris



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 476 Drakestown Road located in?
The 476 Drakestown Road is a located in the neighborhood of Morris in Morris, Long Valley.
What is the average sales price for listings in 476 Drakestown Road?
The average sales price for units in 476 Drakestown Road is $0 currently.

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