NOT LISTED FOR SALE

16 Tuxedo Place Morristown, NJ 07960

Estimated Value: $746,000 - $886,000

3 Beds
3 Baths
1,585 Sq Ft
$522/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $735,000 $464 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,431/month

15 Days on Market

About This Home

As of August 2023

This home is located at 16 Tuxedo Place, Morristown, NJ 07960 since 22 June 2023 and is currently estimated at $827,685, approximately $522 per square foot. 16 Tuxedo Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Last Agent to Sell the Property

JANIS DEVITO

CHRISTIE'S INT. REAL ESTATE GROUP Brokerage Phone: 973-285-9526 Listed on: 06/22/2023

Last Buyer's Agent

Elizabeth Dritsas

HERITAGE HOUSE SOTHEBY'S I.R.

HERITAGE HOUSE SOTHEBY'S I.R.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,054

Lot Details

  • 9,583 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,054

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 16
  • I D: 5187298
  • Modified: 2024-08-22
  • Number Images: 1
  • Attribution Contact: 973-285-9526
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 9666SF
  • Total Acres: 0.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 14, 2023
Sold by
Harter Carl P and Harter Kelly M
Bought by
Dritsas Alec and Farinella Nicole
Seller's Agent
JANIS DEVITO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Elizabeth Dritsas
HERITAGE HOUSE SOTHEBY'S I.R.
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Views
4
Current Estimated Value
$827,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,685
Avg. Annual Appreciation
3.95%
Original Mortgage
$504,000
Outstanding Balance
$494,729
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$299,125

Purchase Details

Closed on
May 19, 2010
Sold by
Stewart Joshua B
Bought by
Harter Carl P and Harter Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,288
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2007
Sold by
Cronin John and Cronin Laura
Bought by
Stewart Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2006
Sold by
Rolio Joseph A
Bought by
Cronin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Dritsas Alec $735,000 Green Hill Title
Harter Carl P $479,000 None Available
Stewart Joshua B $535,000 Commonwealth Land Title Insu
Cronin John $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dritsas Alec $504,000
Previous Owner Harter Carl P $469,000
Previous Owner Harter Carl P $404,041
Previous Owner Harter Carl P $404,041
Previous Owner Harter Carl P $427,077
Previous Owner Harter Carl P $465,288
Previous Owner Stewart Joshua B $11,000
Previous Owner Stewart Joshua B $417,000
Previous Owner Cronin John $340,000
Previous Owner Cronin John $99,133
Previous Owner Cronin John $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $735,000 -1.9% $464 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $749,000 -- $473 / 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 $11,054 $679,500 $337,200 $342,300
2023 $11,054 $380,400 $230,200 $150,200
2022 $10,925 $380,400 $230,200 $150,200
2021 $10,925 $380,400 $230,200 $150,200
2020 $10,967 $380,400 $230,200 $150,200
2019 $10,963 $380,400 $230,200 $150,200
2018 $10,822 $380,400 $230,200 $150,200
2017 $10,499 $380,400 $230,200 $150,200
2016 $10,229 $380,400 $230,200 $150,200
2015 $9,986 $380,400 $230,200 $150,200
2014 $9,875 $380,400 $230,200 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3850797

Garden State MLS

APN: 24-05302-0000-00009