NOT LISTED FOR SALE

12 Wallace Ave Morristown, NJ 07960

Estimated Value: $618,000 - $813,452

3 Beds
3 Baths
1,394 Sq Ft
$509/Sq Ft Est. Value

About This Home

This home is located at 12 Wallace Ave, Morristown, NJ 07960 and is currently estimated at $710,113, approximately $509 per square foot. 12 Wallace Ave is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Mihalakakos and Dimitra
Bought by
Mihalakakos Nicholas and Drakotou Dimitra
Current Estimated Value
$672,798

Purchase Details

Closed on
Sep 15, 2010
Sold by
Mihalakakos Nicholas and Mikalakakos Nicholas
Bought by
Mihalakakos Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Klein Suzan
Bought by
Mikalakakos Nicholas

Purchase Details

Closed on
Dec 2, 2003
Sold by
Soucy Walter
Bought by
Klein Suzan

Purchase Details

Closed on
Apr 16, 2001
Sold by
Kelch Anne
Bought by
Soucy Walter and Klein Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mihalakakos Nicholas -- Fox Lawrence J
Mihalakakos Nicholas -- Old Republic Title
Mikalakakos Nicholas $505,000 --
Klein Suzan -- --
Soucy Walter $329,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mihalakakos Nicholas $207,000
Previous Owner Mihalakakos Nicholas $250,000
Previous Owner Mihalakakos Nicholas $357,000
Previous Owner Mihalakakos Nicholas $95,000
Previous Owner Soucy Walter $244,000
Source: Public Records

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 $11,258 $532,100 $292,000 $240,100
2023 $11,258 $387,400 $201,000 $186,400
2022 $11,126 $387,400 $201,000 $186,400
2021 $11,126 $387,400 $201,000 $186,400
2020 $11,169 $387,400 $201,000 $186,400
2019 $11,165 $387,400 $201,000 $186,400
2018 $11,022 $387,400 $201,000 $186,400
2017 $10,692 $387,400 $201,000 $186,400
2016 $10,417 $387,400 $201,000 $186,400
2015 $10,169 $387,400 $201,000 $186,400
2014 $10,057 $387,400 $201,000 $186,400
Source: Public Records

Map

New Jersey Morris County Morristown 07960

12 Wallace Ave, Morristown, NJ

This home is located at 12 Wallace Ave, Morristown, NJ 07960 and is currently estimated at $710,113, approximately $509 per square foot. 12 Wallace Ave is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

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