NOT LISTED FOR SALE

16 Summit Rd Morristown, NJ 07960

Estimated Value: $990,000 - $1,131,196

5 Beds
3 Baths
3,915 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $764,000 $195 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,650/month

190 Days on Market

Highlights

  • Greenhouse
  • Custom Home
  • Deck
  • Hillcrest School Rated A-
  • 0.98 Acre Lot
  • Wood Flooring

About This Home

As of February 2022

Recent Price Improvement! Unique custom home with large landscaped lot on a cul de sac. 5 bedrooms, Great Rm, Family Rm, Updated kitchen and baths and spacious rooms. Pride of ownership shows. Truly a MUST SEE property. Home features large formal LR and DR. Kitchen,with granite and S/S appliances worthy of Bobby Flay, opens into a great room with stone FP and views of the rear yard. Home has 4 BDR's and two full baths on main level. Ground level has guest room and dedicated office space, large family room, exercise room, full bath and a huge laundry/Mud room. 4000 square feet of living space. The outdoors has a trex deck, flagstone patio,and lush landscape reminiscent of a true English garden with water feature, underground sprinkler system, 2 storage sheds & greenhouse for the true gardener. Rear yard fenced . Baths updated. Roof is new. Must be seen.

Last Agent to Sell the Property

JOHN LABARRE

WEICHERT REALTORS CORP HQ Listed on: 06/01/2021

Last Buyer's Agent

J R STEINHAUER

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,434

Year Built

  • Built in 1964

Lot Details

  • 0.98 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home

Interior Spaces

  • 3,915 Sq Ft Home
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Home Gym
  • Front Basement Entry

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck
  • Patio
  • Greenhouse
  • Storage Shed

Schools

  • K-2;3-5 Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-00802-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,434

Year Built

Built in 1964

Lot Details

0.98 Acres

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1964
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Sussex Tpk or West Hanover Ave to Lake Valley to Raskin, to Evans Farm to Summit. End of the street on the right.
  • I D: 5068578
  • Section Subdiv Development: Deer Chase
  • First Name: JOHN
  • First Name3: J R
  • Last Name: LABARRE
  • Last Name3: STEINHAUER
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Fireplace Description: Gas Fireplace, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher, Dryer, Microwave Oven, OvnWElec
  • Interior Amenities: High Ceilings, JacuzTyp, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 18x11
  • Kitchen Level: First
  • Living Room Dim: 23x15
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 21x17
  • Other Room1 Level: First
  • Other Room 2: Exercise Room
  • Other Room2 Dim: 13x10
  • Other Room2 Level: Ground
  • Other Room 3: Bedroom
  • Other Room3 Dim: 14x12
  • Other Room3 Level: Ground
  • Other Room 4: Office
  • Other Room4 Dim: 11x9
  • Other Room4 Level: Ground
  • Level 1 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Great Room, Kitchen, Living Room, OutEntrn
  • Estimated Sq Ft: 3915
  • Ground Level Rooms: 1 Bedroom, Exercise Room, Family Room, GarEnter, Greenhouse, Laundry Room, MudRoom, Office
  • Phone: 973-984-1400

Exterior Features

  • Exterior Description: CedarSid
  • Exterior Features: Curbs, Deck, Greenhouse Type Room, Metal Fence, Patio, Storage Shed, Storm Door(s), Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.98 AC
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Corner, Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.98

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12434
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-00802-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.862
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: K-2;3-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Feb 14, 2022
Sold by
Bickerton Natalie K
Bought by
Luley Brian Scott and Luley Christina Efrosini
Seller's Agent
JOHN LABARRE
WEICHERT REALTORS CORP HQ
Buyer's Agent
J R STEINHAUER
REDFIN CORPORATION
List Price
$780,000
Sold Price
$764,000
Premium/Discount to List
-$16,000
-2.05%
Current Estimated Value
$1,052,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,549
Avg. Annual Appreciation
8.15%
Original Mortgage
$611,200
Outstanding Balance
$564,233
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$488,316
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luley Brian Scott $764,000 Grandview Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luley Brian Scott $611,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2022 02/16/22 Sold $764,000 -2.1% $195 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $780,000 0.0% $199 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/01/2021 10/01/21 Price Changed $780,000 -4.9% $199 / Sq Ft
08/11/2021 08/11/21 Price Changed $820,000 -3.0% $209 / Sq Ft
07/14/2021 07/14/21 Price Changed $845,000 -1.7% $216 / Sq Ft
06/01/2021 06/01/21 For Sale $860,000 -- $220 / Sq Ft
Source: Garden State MLS

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
2025 $13,369 $667,800 $309,000 $358,800
2024 $13,389 $667,800 $309,000 $358,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3716351

Garden State MLS

APN: 22-00802-0000-00001

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