NOT LISTED FOR SALE

2 Altamont Ct Unit 18 Morristown, NJ 07960

Estimated Value: $364,000 - $437,000

1 Bed
1 Bath
560 Sq Ft
$332/mo HOA Fee

Last Sold October 15, 2021

Last sale price $311,000 $555 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,828/month

14 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Morristown
  • Living Room
  • Hillcrest School Rated A-
  • Formal Dining Room
  • Laundry Room

About This Home

As of October 2021

Bright and Spacious 1 brm unit right in the heart of Morristown! This open floor plan offers large windows, French doors, hardwood floors, located in the sought after building which includes laundry and private storage unit, literally minutes from Downtown Morristown, Shops, Restaurants, Train, Rt 287 & Rt 24.

Last Agent to Sell the Property

Mary Dougherty

COMPASS NEW JERSEY, LLC Listed on: 08/26/2021

COMPASS NEW JERSEY, LLC

Co-Listed By

Ryan Dougherty

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

DYAN DEE DOLESE

KELLER WILLIAMS SUBURBAN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1935

Lot Details

  • 0.34

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Home Security

Schools

  • Frelghuysn Middle School
  • Mtwn 9-12 High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-04501-0000-00036-0014-
  • Tax Block *

Community Details

Overview

  • Association fees include heat, maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection, water fees
  • $88 Other Monthly Fees

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,719

Year Built

Built in 1935

Lot Details

0

HOA Fees

$332 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1935
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 2
  • Directions: Elm Street to Altamont
  • I D: 5097650
  • Modified: 2022-10-16
  • Number Images: 21
  • First Name: MARY
  • First Name2: RYAN
  • First Name3: DYAN DEE
  • Last Name: DOUGHERTY
  • Last Name2: DOUGHERTY
  • Last Name3: DOLESE
  • Office Phone: 973-310-6816
  • Office Phone3: 9732510100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas
  • Number Rooms: 4
  • Bedrooms: 1
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Level Rooms: Laundry Room, Storage Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Galley Type
  • Kitchen Dim: 14x6
  • Kitchen Level: Second
  • Living Room Dim: 17x6
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room
  • Phone: 973-315-8180

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Maintenance Fee: 332
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: Monthly
  • Other Fees: 88

Schools

  • Middle School: Frelghuysn
  • High School: MTWN 9-12
  • High School: MTWN 9-12
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 95X157
  • Assessed Improvement Value: 53200
  • Assessed Land Value: 110500
  • Assessment: 163700
  • Easement: Unknown
  • Lot Identifier: 36.14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4719
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-04501-0000-00036-0014-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.883
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 13, 2021
Sold by
Obrien Daniel Farrell and Obrien Stephanie Lorena
Bought by
Jennings Joan M and Wessing Daniel
Seller's Agent
Mary Dougherty
COMPASS NEW JERSEY, LLC
Buyer's Agent
DYAN DEE DOLESE
KELLER WILLIAMS SUBURBAN REALTY
List Price
$299,000
Sold Price
$311,000
Premium/Discount to List
$12,000
4.01%
Current Estimated Value
$397,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,913
Avg. Annual Appreciation
6.39%
Original Mortgage
$233,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2019
Closed on
Apr 10, 2019
Sold by
Luteran Megan
Bought by
Obrien Daniel Farrell and Obrien Stephanie Lorena
Seller's Agent
ERIC WHITMAN
BRIGHT STAR REALTY & RENTALS LLC
Buyer's Agent
ERIC WHITMAN
BRIGHT STAR REALTY & RENTALS LLC
List Price
$264,000
Sold Price
$284,000
Premium/Discount to List
$20,000
7.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$255,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2014
Sold by
Debiase Nicole
Bought by
Luteran Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,688
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2008
Sold by
Schultz Annette L
Bought by
Debiase Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,280
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Staudt Paul
Bought by
Schultz Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,880
Interest Rate
6.25%

Purchase Details

Closed on
Apr 16, 1999
Sold by
Hince Christine and Omalley Christine M
Bought by
Staudt Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,200
Interest Rate
7.02%

Purchase Details

Closed on
Sep 22, 1993
Sold by
Altamont Asso
Bought by
O'Malley Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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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
Jennings Joan M $311,000 Top Shelf Title Agency Llc
Obrien Daniel Farrell $280,000 First American Title Ins Co
Luteran Megan $251,250 Agent For First Amer Title I
Debiase Nicole $256,600 Commonwealth Land Title Insu
Schultz Annette $223,600 --
Staudt Paul M $95,000 --
O'Malley Christine $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennings Joan M $233,250
Previous Owner Obrien Daniel Farrell $255,000
Previous Owner Luteran Megan $238,688
Previous Owner Debiase Nicole $205,280
Previous Owner Schultz Annette $178,880
Previous Owner Staudt Paul M $90,200
Previous Owner O'Malley Christine $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $311,000 +4.0% $555 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $299,000 +5.3% $534 / Sq Ft
04/15/2019 04/15/19 Sold $284,000 +7.6% $280 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $264,000 -- $260 / 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
2025 $4,646 $295,000 $215,000 $80,000
2024 $4,757 $295,000 $215,000 $80,000
2023 $4,757 $163,700 $110,500 $53,200
2022 $4,701 $163,700 $110,500 $53,200
2021 $4,701 $163,700 $110,500 $53,200
2020 $4,719 $163,700 $110,500 $53,200
2019 $4,441 $154,100 $110,500 $43,600
2018 $4,384 $154,100 $110,500 $43,600
2017 $4,253 $154,100 $110,500 $43,600
2016 $4,144 $154,100 $110,500 $43,600
2015 $4,045 $154,100 $110,500 $43,600
2014 $4,000 $154,100 $110,500 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3736973

Garden State MLS

APN: 24-04501-0000-00036-14