NOT LISTED FOR SALE

12 Tree Top Terrace Morristown, NJ 07960

Estimated Value: $1,205,000 - $1,530,435

5 Beds
3 Baths
4,581 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $899,000 $196 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,341/month

64 Days on Market

Highlights

  • Home Theater
  • Custom Home
  • Family Room with Fireplace
  • Alfred Vail School Rated A-
  • Deck
  • 5-minute walk to Ketch Road Playground

About This Home

As of October 2017

Stately five bedroom colonial in the desirable Summit neighborhood. Many recent updates. New gourmet kitchen. Flexible & open floor plan. Located on the end of a cul-de-sac. Close to town & train. Features include renovated kitchen with high end appliances, center island & granite counter tops, Hunter Douglas blinds & window treatments, hardwood floors, newer Anderson windows/sliders with lifetime warranty, master bedroom suite with wood burning fireplace & his/her walk-ins, gas fireplaces in living & family rooms, privacy staircase to 2nd floor, optional 1st floor au-pair suite with full bath on main level (currently media room), high end light fixtures, new roof, whole house speakers/surround & whole house gas generator. Amazing curb appeal with circular drive, paver driveway & professional landscaping.

Last Agent to Sell the Property

Ryan Dawson

WEICHERT REALTORS Listed on: 06/05/2017

WEICHERT REALTORS

Last Buyer's Agent

YELENA KALYAN

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,679

Year Built

  • Built in 1991

Lot Details

  • 0.62 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • 4,581 Sq Ft Home
  • Sound System
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Shades
  • Blinds
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Workshop
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Schools

  • Morristown High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2322-01806-0000-00014-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,679

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: Sewer
  • Exclusions: Downstairs refrigerator & freezer, safe, stereo system tuner
  • Street Number Display: 12
  • Directions: W. Hanover to Ketch L on Manor R on Tree Top
  • I D: 4720219
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: The Summit
  • First Name: RYAN
  • First Name3: YELENA
  • Last Name: DAWSON
  • Last Name3: KALYAN
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Range/Oven-Gas, OvnWElec, Refrigerator, Washer, Instant Hot Water, Dishwasher, Self Cleaning Oven, Water Softener-Own, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Intercom, Drapes, JacuzTyp, Walk-In Closet, Fire Alarm Sys, Security System, StallTub, Blinds, Shades, Window Treatments, Stereo System, Cathedral Ceiling
  • Number Rooms: 11
  • Bedrooms: 5
  • Master Bedroom Desc: Dressing Room, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Full, Unfinished
  • Basement Level Rooms: Walkout, Workshop, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 15x28
  • Kitchen Level: First
  • Living Room Dim: 24x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x15
  • Other Room1 Level: First
  • Other Room 2: Media Room
  • Other Room2 Dim: 22x16
  • Other Room2 Level: Second
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 7x5
  • Other Room3 Level: First
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Foyer, SeeRem, Living Room, Dining Room, Bath(s) Other, Family Room, Kitchen, Media Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4581
  • Phone: 973-539-8000

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Underground Lawn Sprinkler, Patio, Metal Fence, Curbs, Workshop, Deck, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Oversize Garage, Garage Under
  • Number Garage Spaces: 3
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking, Lighting, Paver Block, Circular

Utilities

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

Schools

  • High School: Morristown
  • High School: Morristown

Lot Info

  • Lot Size: 0.6205 AC
  • Assessed Improvement Value: 648700
  • Assessed Land Value: 292000
  • Assessment: 940700
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Wooded Lot
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.62
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 16679
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-01806-0000-00014-0000-
  • Tax Rate Amount: 1.773
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2018
Sold by
Sheykman Irene
Bought by
Sheykman Irene and Irene Sheykman Trust
Current Estimated Value
$1,417,359

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 12, 2017
Sold by
Gambetta Gary P and Gambetta Antonia A
Bought by
Sheykman Irene
Seller's Agent
Ryan Dawson
WEICHERT REALTORS
Buyer's Agent
YELENA KALYAN
COLDWELL BANKER REALTY
List Price
$930,000
Sold Price
$899,000
Premium/Discount to List
-$31,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$424,000
Outstanding Balance
$357,545
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$984,024

Purchase Details

Closed on
Jan 15, 2010
Sold by
Niemann William H
Bought by
Gambetta Gary P and Gambetta Antonia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sheykman Irene -- Nrt Title Agency Llc
Sheykman Irene $899,000 Nrt Title Agency Llc
Gambetta Gary P $895,000 New Jersey Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheykman Irene $424,000
Previous Owner Gambetta Gary P $200,000
Previous Owner Gambetta Gary P $417,000
Previous Owner Niemann Willam H $308,000
Previous Owner Icasiano Serafin A $100,000
Previous Owner Icasiano Serafin $367,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $899,000 -3.3% $196 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $930,000 -- $203 / 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
2024 $19,414 $968,300 $292,000 $676,300
2023 $19,414 $968,300 $292,000 $676,300
2022 $18,514 $968,300 $292,000 $676,300
2021 $18,514 $968,300 $292,000 $676,300
2020 $18,030 $968,300 $292,000 $676,300
2019 $17,749 $968,300 $292,000 $676,300
2018 $17,055 $940,700 $292,000 $648,700
2017 $16,942 $940,700 $292,000 $648,700
2016 $16,679 $940,700 $292,000 $648,700
2015 $15,924 $627,900 $232,100 $395,800
2014 $15,716 $627,900 $232,100 $395,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3393924

Garden State MLS

APN: 22-01806-0000-00014