NOT LISTED FOR SALE

38 Chestnut St Unit 2 Morristown, NJ 07960

Estimated Value: $677,000 - $724,000

3 Beds
2.5 Baths
1,554 Sq Ft
$204/mo HOA Fee

Last Sold January 23, 2017

Last sale price $435,000 $280 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,645/month

75 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Hillcrest School Rated A-

About This Home

As of January 2017

Great location - in town living. 3BR, 2.1B bath townhouse, great light, cathedral ceilings, deck, bonus loft, updated kitchen. Sellers are paying to have walkways repaired, no cost to buyer. Backs up to Fort Nonsense. The key to front door also opens door to garage. It is the first door when you come up the steps.

Last Agent to Sell the Property

EILEEN RIDDLE

WEICHERT REALTORS Listed on: 09/28/2016

Last Buyer's Agent

Carolyn Fahey

FAHEY REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,717

Year Built

  • Built in 1986

Lot Details

  • 0.25

HOA Fees

  • $204 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • 1,554 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2324-07601-0000-00013-0002-
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,717

Year Built

Built in 1986

Lot Details

0

HOA Fees

$204 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 38
  • Directions: Washington St to Western AVe to Ann to 38 Chestnut #2
  • I D: 4661141
  • Modified: 2021-09-23
  • Number Images: 13
  • First Name: EILEEN
  • First Name3: CAROLYN
  • Last Name: RIDDLE
  • Last Name3: FAHEY
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Kitchen Area: Galley Type
  • Kitchen Dim: 11x8
  • Kitchen Level: First
  • Living Room Dim: 19x12
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Dim: 14x11
  • Estimated Sq Ft: 1554
  • Phone: 973-455-1900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 204
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: 10769 SF
  • Assessed Improvement Value: 192100
  • Assessed Land Value: 140000
  • Assessment: 332100
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 13.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25

Rental Info

  • Application Fee: 999999
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8717
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-07601-0000-00013-0002-
  • Tax Rate Amount: 2.625
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 23, 2017
Sold by
Sabella James J and Sabella Jonathan D
Bought by
Kaup Michael
Seller's Agent
EILEEN RIDDLE
WEICHERT REALTORS
Buyer's Agent
Carolyn Fahey
FAHEY REALTORS
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Current Estimated Value
$689,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,653
Avg. Annual Appreciation
5.43%
Original Mortgage
$473,400
Outstanding Balance
$391,516
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$298,137

Purchase Details

Listed on
Nov 20, 2012
Closed on
Nov 2, 2012
Sold by
Wheeler Robert C and Wheeler Joan C
Bought by
Sabella Jonathan D and Sabella James J
Seller's Agent
Lorraine Hunt Kopacz
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
EILEEN RIDDLE
WEICHERT REALTORS
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$30,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2009
Sold by
Bush Donald J
Bought by
Wheeler Robert C and Wheeler Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Fanelli Rozanna
Bought by
Reynolds Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
5.81%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Petrocco Linda
Bought by
Bush Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kaup Michael $435,000 Fidelity National Title Ins
Sabella Jonathan D $410,000 Wfg National Title Ins Co
Wheeler Robert C $415,000 Fidelity Natl Title Ins Co
Reynolds Kelly $431,900 --
Bush Donald J $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaup Michael $473,400
Closed Kaup Michael $348,000
Previous Owner Sabella Jonathan D $30,000
Previous Owner Wheeler Robert C $332,000
Previous Owner Reynolds Kelly $344,800
Previous Owner Bush Donald J $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2017 01/23/17 Sold $435,000 -3.3% $280 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $450,000 +9.8% $290 / Sq Ft
11/20/2012 11/20/12 Sold $410,000 -- $264 / Sq Ft View Prior Sale
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 $9,248 $587,200 $200,000 $387,200
2024 $9,651 $587,200 $200,000 $387,200
2023 $9,651 $332,100 $140,000 $192,100
2022 $9,538 $332,100 $140,000 $192,100
2021 $9,538 $332,100 $140,000 $192,100
2020 $9,574 $332,100 $140,000 $192,100
2019 $9,571 $332,100 $140,000 $192,100
2018 $9,448 $332,100 $140,000 $192,100
2017 $9,166 $332,100 $140,000 $192,100
2016 $8,930 $332,100 $140,000 $192,100
2015 $8,718 $332,100 $140,000 $192,100
2014 $8,621 $332,100 $140,000 $192,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    EILEEN RIDDLE

    WEICHERT REALTORS

  • Carolyn Fahey

    Buyer's Agent in 2017

    Carolyn Fahey

    FAHEY REALTORS

    (908) 581-2591

    107 Total Sales

    Carolyn Fahey
    Section Image

  • L

    Seller's Agent in 2012

    Lorraine Hunt Kopacz

    KL SOTHEBY'S INT'L. REALTY

    (908) 217-7716

    2 in this area

    26 Total Sales

    Lorraine Hunt Kopacz
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3339293

Garden State MLS

APN: 24-07601-0000-00013-02

New Jersey Morris County Morristown 07960

38 Chestnut St Unit 2, Morristown, NJ

This home is located at 38 Chestnut St Unit 2, Morristown, NJ 07960 since 28 September 2016 and is currently estimated at $689,653, approximately $443 per square foot. This property was built in 1986. 38 Chestnut St Unit 2 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

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