NOT LISTED FOR SALE

228 Speedwell Ave Morristown, NJ 07960

Estimated Value: $763,000 - $791,544

4 Beds
2 Baths
2,058 Sq Ft
$378/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $520,000 $253 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,883/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Living Room with Fireplace
  • Attic
  • Hillcrest School Rated A-
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of April 2021

Charming and updated four bedroom colonial in the heart of Morristown. This rare find has hardwood floors throughout with a spacious living room, dining room and kitchen. Gorgeous kitchen with custom cabinets, Silestone counters and stainless steel appliances. Large formal dining room with charming Chestnut cabinets and millwork. Expansive living room with gas fireplace, chestnut wood beams and old world charm. Plenty of delineated space for "work at home" offices. Large unfinished attic that could be used for storage or another room. Hot water heater, electrical panel and furnance have all been updated. Private Gazebo with patio in the back for parties and get togethers. Close to shopping, theaters, restaurants and the train station. This home is one to see.

Last Agent to Sell the Property

SCOTT WALDMAN

COMPASS NEW JERSEY LLC Listed on: 01/11/2021

Last Buyer's Agent

ADRIENNE DESIMONE

DESIMONE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,372

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Inside Entrance
  • Shared Driveway
  • Additional Parking
  • Parking Garage Space

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,058 Sq Ft Home
  • Beamed Ceilings
  • Gas Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Gazebo
  • Porch

Schools

  • A.Hamilton Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-03202-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,372

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1926
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: Driveway
  • Exclusions: Ask listing agent for list.
  • Renovated Year: 2010
  • Street Number Display: 228
  • Directions: Speedwell Avenue
  • I D: 5041447
  • Modified: 2022-04-24
  • Number Images: 19
  • First Name: SCOTT
  • First Name3: ADRIENNE
  • Last Name: WALDMAN
  • Last Name3: DESIMONE
  • Office Phone: 973-539-6300
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Shades, Smoke Detector, StallShw, TubOnly
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Fireplace
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Only
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full
  • Basement Level Rooms: Inside Entrance, Laundry Room, Outside Entrance, SeeRem, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island, Galley Type
  • Kitchen Dim: 17x10
  • Kitchen Level: First
  • Living Room Dim: 26x13
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Dim: 10x8
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Other Room2 Dim: 12x9
  • Other Room2 Level: First
  • Other Room 3: Foyer
  • Other Room3 Dim: 4x4
  • Other Room3 Level: First
  • Other Room 4: Attic
  • Other Room4 Dim: 26x17
  • Other Room4 Level: Third
  • Level 1 Rooms: Bath Main, Dining Room, Entrance Vestibule, Florida/3Season, Foyer, Kitchen, Living Room, Porch, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 2058
  • Phone: 201-860-4009

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Gazebo, Patio, Privacy Fence, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Parking
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Driveway-Shared

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 50X175
  • Assessed Improvement Value: 167800
  • Assessed Land Value: 192100
  • Assessment: 359900
  • Easement: Yes
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.20
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10372
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-03202-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.882
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: A.Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Apr 20, 2021
Sold by
Williams Theresa L
Bought by
Harris Meghan L
Seller's Agent
SCOTT WALDMAN
COMPASS NEW JERSEY LLC
Buyer's Agent
ADRIENNE DESIMONE
DESIMONE REALTY
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Current Estimated Value
$778,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,886
Avg. Annual Appreciation
9.55%
Original Mortgage
$460,000
Outstanding Balance
$415,988
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$362,898
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
Harris Meghan L $520,000 First American Title Ins Co
Harris Meghan L $520,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Meghan L $460,000
Closed Harris Meghan L $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $520,000 -3.5% $253 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $539,000 -- $262 / 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 $9,031 $573,400 $276,100 $297,300
2024 $10,459 $573,400 $276,100 $297,300
2023 $10,459 $359,900 $192,100 $167,800
2022 $9,261 $359,900 $192,100 $167,800
2021 $9,261 $359,900 $192,100 $167,800
2020 $10,376 $359,900 $192,100 $167,800
2019 $10,372 $359,900 $192,100 $167,800
2018 $10,239 $359,900 $192,100 $167,800
2017 $9,933 $359,900 $192,100 $167,800
2016 $9,678 $359,900 $192,100 $167,800
2015 $9,447 $359,900 $192,100 $167,800
2014 $9,343 $359,900 $192,100 $167,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3686416

Garden State MLS

APN: 24-03202-0000-00003