$680,000
SOLD APR 23, 2024

3 Sherman Place Morris Plains, NJ 07950

3 Beds
2 Baths
1,774 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

19% Above List Price

11 Days on Market

About This Home

As of April 2024

This home is located at 3 Sherman Place, Morris Plains, NJ 07950 and is currently priced at $680,000, approximately $383 per square foot. This property was built in 1940. 3 Sherman Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Last Agent to Sell the Property

DANIEL SHELEHEDA

KELLER WILLIAMS METROPOLITAN Brokerage Phone: 973-539-1120 Listed on: 03/11/2024

Last Buyer's Agent

Erica Travis

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1940

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,046

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Morris
  • Street Number Display: 3
  • I D: 5268526
  • Modified: 2025-04-24
  • Number Images: 1
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 18, 2024
Sold by
Strumolo Gina and Strumolo Andrew
Bought by
Marczewski Nicole and Safir Matthew L
Seller's Agent
DANIEL SHELEHEDA
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Erica Travis
COMPASS NEW JERSEY, LLC
List Price
$569,999
Sold Price
$680,000
Premium/Discount to List
$110,001
19.3%
Views
348
Current Estimated Value
$690,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,851
Avg. Annual Appreciation
1.31%
Original Mortgage
$544,000
Outstanding Balance
$538,334
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$152,517

Purchase Details

Listed on
Mar 1, 2018
Closed on
May 1, 2018
Sold by
Olshefski Theodore Thomas and Olshefski Nicole Marie
Bought by
Strumolo Andrew and Sheleheda Gina
Seller's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Iris DeFinis
REDWOOD REALTY
List Price
$450,000
Sold Price
$463,000
Premium/Discount to List
$13,000
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$413,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Zegar Christopher J and Zegar Rachel L
Bought by
Olshefski Theodore Thomas and Olshefski Nicole Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.89%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 8, 2007
Sold by
Molinaro Karen K
Bought by
Zegar Christopher J and Zegar Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1995
Sold by
Fordonski Carol R
Bought by
Onnembo Coreen S
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $680,000 None Listed On Document
Deed $463,000 Multiple
Bargain Sale Deed $370,000 Stewart Title Guaranty Co
Bargain Sale Deed $375,000 Fidelity Natl Title Ins Co
Deed $195,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,000 New Conventional
Previous Owner $419,000 New Conventional
Previous Owner $414,550 New Conventional
Previous Owner $413,000 New Conventional
Previous Owner $34,000 Credit Line Revolving
Previous Owner $296,000 Stand Alone First
Previous Owner $255,000 Unknown
Previous Owner $250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $680,000 +19.3% $383 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $569,999 +23.1% $321 / Sq Ft
05/01/2018 05/01/18 Sold $463,000 +2.9% $261 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $450,000 -- $254 / 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 $8,046 $401,300 $204,400 $196,900
2023 $8,046 $401,300 $204,400 $196,900
2022 $7,522 $393,400 $204,400 $189,000
2021 $7,522 $393,400 $204,400 $189,000
2020 $7,325 $393,400 $204,400 $189,000
2019 $7,211 $393,400 $204,400 $189,000
2018 $6,804 $375,300 $204,400 $170,900
2017 $6,759 $375,300 $204,400 $170,900
2016 $6,654 $375,300 $204,400 $170,900
2015 $6,112 $241,000 $119,400 $121,600
2014 $6,032 $241,000 $119,400 $121,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3890106

Garden State MLS

APN: 22-00304-0000-00007