NOT LISTED FOR SALE

198 Blue Mill Rd Morristown, NJ 07960

Estimated Value: $4,174,914 - $5,390,000

5 Beds
7 Baths
8,149 Sq Ft
$610/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $3,163,000 $388 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $29,145/month

About This Home

As of March 2015

This home is located at 198 Blue Mill Rd, Morristown, NJ 07960 since 19 March 2015 and is currently estimated at $4,968,305, approximately $609 per square foot. This property was built in 1937. 198 Blue Mill Rd is a home located in Morris County with nearby schools including Harding Township School, Chatham Day School, and St. Vincent Martyr School.

Last Agent to Sell the Property

Karen Tourville

TURPIN REAL ESTATE, INC. Brokerage Email: info@turpinrealtors.com Listed on: 03/19/2015

Last Buyer's Agent

AIMEE M. FEELEY

LOIS SCHNEIDER REALTOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,102

Year Built

  • Built in 1937

Lot Details

  • 12.75 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,102

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Morris
  • Street Number Display: 198
  • I D: 4405782
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: info@turpinrealtors.com
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 6.20

Lot Info

  • Lot Size: 12.7507
  • Total Acres: 12.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2015
Closed on
Mar 19, 2015
Sold by
Downing Frances S and Downing John O
Bought by
Ramsey Patrick and Ramsey Kristen
Seller's Agent
Karen Tourville
TURPIN REAL ESTATE, INC.
Buyer's Agent
AIMEE M. FEELEY
LOIS SCHNEIDER REALTOR
Sold Price
$3,163,000
Current Estimated Value
$4,834,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,671,666
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Jul 11, 1994
Sold by
Sorensen Frances
Bought by
Downing Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.19%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ramsey Patrick $3,163,000 Multiple
Downing Frances $2,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downing Frances $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $3,163,000 -- $388 / 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 $32,102 $2,777,000 $630,000 $2,147,000
2023 $32,102 $2,777,000 $630,000 $2,147,000
2022 $30,825 $2,777,000 $630,000 $2,147,000
2021 $30,825 $2,777,000 $630,000 $2,147,000
2020 $30,380 $2,777,000 $630,000 $2,147,000
2019 $21,772 $1,889,900 $1,000,000 $889,900
2018 $21,356 $1,889,900 $1,000,000 $889,900
2017 $35,152 $3,127,400 $2,962,700 $164,700
2016 $34,589 $3,127,400 $2,962,700 $164,700
2015 $33,776 $3,127,400 $2,962,700 $164,700
2014 $45,738 $4,385,200 $2,962,700 $1,422,500
Source: Public Records

Agents Affiliated with this Home

  • Karen Tourville

    Seller's Agent in 2015

    Karen Tourville

    TURPIN REAL ESTATE, INC.

    (908) 285-0967

    7 in this area

    33 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    AIMEE M. FEELEY

    LOIS SCHNEIDER REALTOR

  • E

    Buyer Co-Listing Agent in 2015

    ELLEN FEELEY

    LOIS SCHNEIDER REALTOR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3103323

Garden State MLS

APN: 13-00009-0000-00003

New Jersey Morris County Morristown 07960

198 Blue Mill Rd, Morristown, NJ

This home is located at 198 Blue Mill Rd, Morristown, NJ 07960 since 19 March 2015 and is currently estimated at $4,968,305, approximately $609 per square foot. This property was built in 1937. 198 Blue Mill Rd is a home located in Morris County with nearby schools including Harding Township School, Chatham Day School, and St. Vincent Martyr School.

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