NOT LISTED FOR SALE

253 Speedwell Ave Morristown, NJ 07960

Estimated Value: $519,000 - $704,000

-- Bed
-- Bath
1,489 Sq Ft
$406/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $381,000 $256 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,979/month

4 Days on Market

About This Home

As of July 2021

This home is located at 253 Speedwell Ave, Morristown, NJ 07960 since 24 May 2021 and is currently estimated at $604,203, approximately $405 per square foot. This property was built in 1926. 253 Speedwell Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

Last Agent to Sell the Property

Dave Wainwright Jr

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 05/24/2021

RE/MAX SELECT

Last Buyer's Agent

Dave Wainwright Jr

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 05/24/2021

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 1926

Lot Details

  • 0.31 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,330

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Morris
  • Street Number Display: 253
  • I D: 5074282
  • Modified: 2022-07-02
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X269
  • Total Acres: 0.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Maria Scumaci
Bought by
Class Of 29 Llc
Current Estimated Value
$604,203

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 11, 2021
Sold by
U S Bank Trust Na
Bought by
Scumaci Maria
Seller's Agent
Dave Wainwright Jr
RE/MAX SELECT
Buyer's Agent
Dave Wainwright Jr
RE/MAX SELECT
List Price
$319,900
Sold Price
$381,000
Premium/Discount to List
$61,100
19.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Dec 13, 2018
Sold by
Rosario Angel
Bought by
U S Bank Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bugge Charles H
Bought by
Montes Alba M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
8.28%
Mortgage Type
FHA
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
Class Of 29 Llc -- Coastal Title Agency
Scumaci Maria $381,000 Coastal Title Agency Inc
U S Bank Na -- Terra Abstract Inc
Montes Alba M $242,260 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montes Alba M $382,500
Previous Owner Montes Alba M $240,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $381,000 +19.1% $256 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $319,900 -- $215 / 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 $8,330 $528,900 $224,700 $304,200
2024 $7,774 $528,900 $224,700 $304,200
2023 $7,774 $267,500 $136,000 $131,500
2022 $7,351 $267,500 $136,000 $131,500
2021 $7,351 $267,500 $136,000 $131,500
2020 $7,712 $267,500 $136,000 $131,500
2019 $7,709 $267,500 $136,000 $131,500
2018 $7,610 $267,500 $136,000 $131,500
2017 $7,383 $267,500 $136,000 $131,500
2016 $7,193 $267,500 $136,000 $131,500
2015 $7,022 $267,500 $136,000 $131,500
2014 $6,944 $267,500 $136,000 $131,500
Source: Public Records

Agents Affiliated with this Home

  • Dave Wainwright Jr

    Seller's Agent in 2021

    Dave Wainwright Jr

    RE/MAX SELECT

    (973) 580-5211

    1 in this area

    72 Total Sales

    Dave Wainwright Jr
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3714788

Garden State MLS

APN: 24-02604-0000-00017

New Jersey Morris County Morristown 07960

253 Speedwell Ave, Morristown, NJ

This home is located at 253 Speedwell Ave, Morristown, NJ 07960 since 24 May 2021 and is currently estimated at $604,203, approximately $405 per square foot. This property was built in 1926. 253 Speedwell Ave is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Sussex Avenue School.

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