NOT LISTED FOR SALE

3 Spring Hill Ln Morristown, NJ 07960

Estimated Value: $1,205,000 - $1,265,000

4 Beds
2.5 Baths
2,570 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $870,000 $339 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,903/month

45 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Hillcrest School Rated A-
  • Recreation Room
  • Wood Flooring

About This Home

As of January 2022

Welcome to this marvelous 4BR 2.1 BA Colonial situated on cul de sac street in the sought-after bucolic Spring Brook neighborhood. Expansive, pleasant rooms are found throughout & finished Lower level offers tremendous additional living space...and the location boasts easy access to all conveniences! The partial brick-front home with newly painted exterior is nestled in amongst mature trees and landscaping offering lovely curb appeal . Some of the many wonderful features include hardwood flooring on 1st & 2nd levels, elegant Entry Foyer, Living Room with crown dentil molding, formal Dining Room & comfortable eat-in Kitchen w/built-in desk. Family Room boasts raised hearth gas fireplace plus slider leading to deck & fully fenced, nicely manicured rear yard. Mstr Suite includes full Bath & walk-in closet & 3 additional Bedrooms all offer generous closet space. Lower level space includes huge Rec Room with recessed lighting & bar area + huge storage/utility room. The home also offers newer windows, hot water heater + a generator hook up. Per municipality- 2552 SQ FT 1st & 2nd levels plus approx 900 SQ FT finished LL. The home is situated in a neighborhood of homes many with much higher value so lots of potential for improvements to be made if desired. All this and just minutes to Midtown Direct trains, schools, thoroughfares &historic Morristown's wide variety of shops, restaurants & entertainment!

Last Agent to Sell the Property

MARGARET SELLERS

COLDWELL BANKER REALTY Listed on: 10/15/2021

Last Buyer's Agent

EILEEN SCOTT

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,531

Year Built

  • Built in 1978

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Thermal Windows
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • K-2;3-5 Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Standard Electricity
  • Generator Hookup

Listing and Financial Details

  • Assessor Parcel Number 2322-06402-0000-00023-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,531

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1978
  • Year Built Description: Approximate
  • County Name: Morris
  • Easements Description: drainage
  • Street Number Display: 3
  • Directions: Mt Kemble Ave or James Street to Spring Brook Road to Spring Hill Lane
  • I D: 5110099
  • Modified: 2023-02-01
  • Number Images: 36
  • Section Subdiv Development: Spring Brook
  • First Name: MARGARET
  • First Name3: EILEEN
  • Last Name: SELLERS
  • Last Name3: SCOTT
  • Office Phone: 973-285-4695
  • Office Phone3: 973-543-1366
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Generator-Hookup, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Walk-In Closet, Window Treatments
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Pantry
  • Kitchen Dim: 20x12
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: MudRoom
  • Other Room1 Dim: 11x6
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Dim: 9x8
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 27x25
  • Other Room3 Level: Basement
  • Other Room 4: Storage Room
  • Other Room4 Dim: 25x11
  • Other Room4 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, Kitchen, Living Room, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-267-8990

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Deck, Metal Fence, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Schools

  • Elementary School: K-2;3-5
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: .471 AC
  • Assessed Improvement Value: 360600
  • Assessed Land Value: 366100
  • Assessment: 726700
  • Easement: Yes
  • Lot Description: Cul-De-Sac, Level Lot, Wooded Lot
  • Lot Identifier: 23
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.47

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13531
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-06402-0000-00023-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.862
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: K-2;3-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 31, 2022
Sold by
Sarson and Denise
Bought by
David Glenn
Seller's Agent
MARGARET SELLERS
COLDWELL BANKER REALTY
Buyer's Agent
EILEEN SCOTT
WEICHERT REALTORS
List Price
$969,000
Sold Price
$870,000
Premium/Discount to List
-$99,000
-10.22%
Current Estimated Value
$1,222,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,474
Avg. Annual Appreciation
9.68%
Original Mortgage
$696,000
Outstanding Balance
$645,502
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$576,972

Purchase Details

Closed on
Feb 4, 2005
Sold by
Marchesi James
Bought by
Sarson Matthew and Sarson Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 25, 2001
Sold by
Morris Matthew
Bought by
Marchesi James and Marchesi Tracy

Purchase Details

Closed on
Jul 26, 1994
Sold by
Ramaccia Joan
Bought by
Morris Matthew and Olson Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.25%
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
David Glenn $870,000 Fidelity National Title
Sarson Matthew $825,000 --
Marchesi James $625,000 --
Marchesi James $625,000 --
Morris Matthew $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David Glenn $696,000
Previous Owner Sarson Matthew $625,000
Previous Owner Morris Matthew $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $870,000 -3.2% $339 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $899,000 -4.3% $350 / Sq Ft
11/10/2021 11/10/21 Price Changed $939,000 -3.1% $365 / Sq Ft
10/16/2021 10/16/21 For Sale $969,000 -- $377 / 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 $16,755 $836,900 $366,100 $470,800
2024 $14,570 $836,900 $366,100 $470,800
2023 $14,570 $726,700 $366,100 $360,600
2022 $13,895 $726,700 $366,100 $360,600
2021 $13,895 $726,700 $366,100 $360,600
2020 $13,531 $726,700 $366,100 $360,600
2019 $13,320 $726,700 $366,100 $360,600
2018 $13,175 $726,700 $366,100 $360,600
2017 $13,088 $726,700 $366,100 $360,600
2016 $12,884 $726,700 $366,100 $360,600
2015 $13,453 $530,500 $276,400 $254,100
2014 $13,278 $530,500 $276,400 $254,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3746803

Garden State MLS

APN: 22-06402-0000-00023