NOT LISTED FOR SALE

20 Exeter Ln Morristown, NJ 07960

Estimated Value: $1,967,691 - $2,027,000

6 Beds
4.5 Baths
5,987 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $1,185,000 $198 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $12,645/month

72 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • 0.91 Acre Lot
  • Hillcrest School Rated A-
  • Custom Home
  • Maid or Guest Quarters

About This Home

As of July 2017

Beautifully maintained 6 Bed, 4.5 Bath Contemporary situated at the end of the cul-de-sac & backing up to the 17th Fairway of Spring Brook Golf Club. This home presents approx 6000sf over four levels of glorious sunlit living space. Full Walls of Windows & expansive rooms with soaring ceilings showcase the wonderful Open Floor Plan. Luxuriously updated Baths. Hardwood, Bamboo and Tumbled Marble floors. Magnificent Master Suite including Dressing Room, 2 Walk in Closets and Spa like Bathroom. Fully Finished Lower Level including TV Room, Wet Bar, Gym & Bedroom. Professionally Landscaped grounds with heated In-Ground Pool & Decks. Centrally located near 1-287, Midtown Direct trains, historic Morristown Green, downtown shops, eateries and nightlife, Mayo Perfoming Arts Center and Morristown Medical Center.

Last Agent to Sell the Property

Keith Kirkwood

HOWARD HANNA RAND REALTY Listed on: 02/27/2017

HOWARD HANNA RAND REALTY

Last Buyer's Agent

BARRY J KRAUSER

KRAUSER REALTY GROUP LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,836

Year Built

  • Built in 1983

Lot Details

  • 0.91 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Heatilator
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Home Gym
  • Partial Basement

Kitchen

  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Deck

Schools

  • A.Hamilton Elementary School
  • Frelghuysn Middle School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2322-06302-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,836

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary, Custom Home
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1983
  • County Name: Morris
  • Easements Description: by golf cours
  • Exclusions: Light fix in Foyer, DR, Playroom, Kitchen, Bar & Bedroom Drapes.
  • Street Number Display: 20
  • Directions: James Street to Footes Lane to Exeter.
  • I D: 4685613
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: KEITH
  • First Name3: BARRY J
  • Last Name: KIRKWOOD
  • Last Name3: KRAUSER
  • Office Phone: 973-532-5727
  • Office Phone3: 917-693-2046
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Marble, Wood
  • Fireplace Description: Family Room, Heatolator, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Trash Compactor, Generator-Built-In, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, Bar-Wet, Walk-In Closet, Bidet, Fire Alarm Sys, Security System, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Skylight, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 14
  • Bedrooms: 6
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub, Steam
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry
  • Kitchen Dim: 25x18
  • Kitchen Level: First
  • Living Room Dim: 27x18
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 23x30
  • Other Room1 Level: Ground
  • Other Room 2: Exercise Room
  • Other Room2 Dim: 15x15
  • Other Room2 Level: Ground
  • Other Room 3: Bedroom/Office
  • Other Room3 Dim: 15x17
  • Other Room 4: Bedroom/Office
  • Other Room4 Level: Third
  • Level 1 Rooms: Bath(s) Other, Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Den, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Office
  • Ground Level Rooms: Exercise Room, Maid Quarters, Rec Room, Office, Bath Main
  • Phone: 973-984-1400

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Thermal Windows/Doors, Underground Lawn Sprinkler, Curbs
  • Pool: Yes
  • Pool Description: In-Ground Pool, Heated
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Circular

Utilities

  • Cooling: 3 Units, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • Elementary School: A.Hamilton
  • Middle School: Frelghuysn
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 0.91 AC
  • Assessed Improvement Value: 814000
  • Assessed Land Value: 417600
  • Assessment: 1231600
  • Easement: Yes
  • Lot Description: Backs to Golf Course, Open Lot, Cul-De-Sac, Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.91

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 21836
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-06302-0000-00021-0000-
  • Tax Rate Amount: 1.773
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: A.Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Jul 19, 2017
Sold by
Fernbach Robert D and Fernbach Lisa L
Bought by
Krauser Matthew and Tengerdy Krauser Agnes
Seller's Agent
Keith Kirkwood
HOWARD HANNA RAND REALTY
Buyer's Agent
BARRY J KRAUSER
KRAUSER REALTY GROUP LLC.
List Price
$1,249,000
Sold Price
$1,185,000
Premium/Discount to List
-$64,000
-5.12%
Current Estimated Value
$1,989,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,673
Avg. Annual Appreciation
6.52%
Original Mortgage
$485,000
Outstanding Balance
$380,956
Interest Rate
3.91%
Mortgage Type
Construction
Estimated Equity
$1,608,717

Purchase Details

Closed on
Apr 29, 2004
Sold by
Ahmadi Hamid
Bought by
Fernbach Robert and Fernbach Lisa

Purchase Details

Closed on
Aug 5, 1998
Sold by
Handwerker Andrew A and Handwerker Barbara J
Bought by
Ahmadi Hamid and Ahmadi Homatadj H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Krauser Matthew $1,185,000 Westcor Land Title Ins Co
Fernbach Robert $1,060,000 --
Ahmadi Hamid $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krauser Matthew $485,000
Previous Owner Ahmadi Hamid $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2017 07/24/17 Sold $1,185,000 -5.1% $198 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $1,249,000 -- $209 / 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 $24,657 $1,231,600 $417,600 $814,000
2024 $24,694 $1,231,600 $417,600 $814,000
2023 $24,694 $1,231,600 $417,600 $814,000
2022 $23,548 $1,231,600 $417,600 $814,000
2021 $23,548 $1,231,600 $417,600 $814,000
2020 $22,932 $1,231,600 $417,600 $814,000
2019 $22,575 $1,231,600 $417,600 $814,000
2018 $22,329 $1,231,600 $417,600 $814,000
2017 $22,181 $1,231,600 $417,600 $814,000
2016 $21,836 $1,231,600 $417,600 $814,000
2015 $20,493 $808,100 $314,100 $494,000
2014 $20,227 $808,100 $314,100 $494,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3367141

Garden State MLS

APN: 22-06302-0000-00021