$375,000
SOLD NOV 30, 2016

392 South St Morristown, NJ 07960

4 Beds
2 Baths
2,360 Sq Ft
0.36 Acres

Recently Sold

$159 Per Sq Ft

12% Below List Price

108 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Alfred Vail School Rated A-
  • Wood Flooring
  • 4-minute walk to Ginty Field

About This Home

As of November 2017

Don't miss this cared for home with just under 2400 square feet of living space, HUGE country kitchen, 1st floor laundry, flat open back yard, and circular driveway just minutes from the M'town Green! Enjoy "in-town" living with everything that Morristown has to offer but also with lower Morris Twp taxes in this turn-key updated home. The versatile floor plan features a 17' x 14' room with closet on the 1st flr and a full bath just a few footsteps away that could make it suitable to be used as MBR, in-law BR, or Family Room. There are 3 bedrooms (new carpet in 2 smaller BR's) on the upper level with a whirlpool bath too. The NYC bus & train stop less than 2 miles away, and Morristown Memorial Hospital, Ginty pool, Seton Hackney stables, Loantaka Park, and the MAYO center are nearby too.

Last Agent to Sell the Property

Lynn Garafola

KELLER WILLIAMS METROPOLITAN Listed on: 06/28/2016

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

JENNIFER BASSOLINO

COCCIA REAL ESTATE GROUP, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,427

Year Built

  • Built in 1920

Lot Details

  • 0.36 Acre Lot
  • Corner Lot

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Morristown High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-07309-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,427

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1920
  • Year Built Description: Standing
  • County Name: Morris
  • Exclusions: Window AC units INCLUDED in "as-is" condition
  • Possible Other Uses: Home-Office
  • Street Number Display: 392
  • Directions: From Morristown Green, take South Street east to house on left at corner of Dwyer Lane (circular driveway entrance from both streets)
  • I D: 4638787
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Ginty Pool/Loantaka Park
  • First Name: LYNN
  • First Name3: JENNIFER
  • Last Name: GARAFOLA
  • Last Name3: BASSOLINO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: JacuzTyp, Blinds, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 7
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • Kitchen Area: Country Kitchen, Pantry, Eat-In Kitchen
  • Kitchen Dim: 17x13
  • Kitchen Level: First
  • Living Room Dim: 12x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Porch
  • Other Room2 Dim: 16x5
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Porch, Family Room, Kitchen, Laundry Room, Dining Room, Living Room, Bath Main
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 2360
  • Phone: 973-729-7141

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storm Door(s), Enclosed Porch(es), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Blacktop, Circular, Off-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: Morristown
  • High School: Morristown

Lot Info

  • Lot Size: .356 AC
  • Assessed Improvement Value: 195800
  • Assessed Land Value: 221000
  • Assessment: 416800
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.36

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7427
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-07309-0000-00001-0000-
  • Tax Rate Amount: 2.536
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Parrillo Joseph and Ruta Lidna
Bought by
Parrillo Joseph and Ruta Linda
Current Estimated Value
$701,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$312,796
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$367,502

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 6, 2017
Sold by
Paltos Scott and Paltos Dana
Bought by
Parrilo Joseph and Ruta Linda
Seller's Agent
JENNIFER BASSOLINO
COCCIA REAL ESTATE GROUP, LLC.
Buyer's Agent
KATHY WARNER
BHHS - NEW JERSEY PROPERTIES
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$356,915
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 28, 2016
Closed on
Nov 30, 2016
Sold by
Payne Steven and Hoffman Payne Christine
Bought by
Paltos Dana
Seller's Agent
Lynn Garafola
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
JENNIFER BASSOLINO
COCCIA REAL ESTATE GROUP, LLC.
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$305,250
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2011
Sold by
Payne Steven and Hoffman Christine M
Bought by
Payne Steven and Hoffman Payne Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,063
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Shearer Barbara
Bought by
Payne Steven and Hoffman Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- 1St Rate Title And Setmnt
Deed $419,900 Acres Land Title Agency Inc
Deed $375,000 Evident Title Agency Inc
Interfamily Deed Transfer -- None Available
Deed $414,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Closed $356,915 Adjustable Rate Mortgage/ARM
Previous Owner $305,250 FHA
Previous Owner $180,063 New Conventional
Previous Owner $329,600 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $419,900 0.0% $178 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $419,900 +12.0% $178 / Sq Ft
11/30/2016 11/30/16 Sold $375,000 -11.8% $159 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $425,000 -- $180 / 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 $7,799 $389,000 $187,900 $201,100
2023 $7,799 $389,000 $187,900 $201,100
2022 $7,438 $389,000 $187,900 $201,100
2021 $7,438 $389,000 $187,900 $201,100
2020 $7,243 $389,000 $187,900 $201,100
2019 $7,130 $389,000 $187,900 $201,100
2018 $7,053 $389,000 $187,900 $201,100
2017 $7,507 $416,800 $221,000 $195,800
2016 $7,390 $416,800 $221,000 $195,800
2015 $7,428 $292,900 $149,000 $143,900
2014 $7,331 $292,900 $149,000 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3318565

Garden State MLS

APN: 22-07309-0000-00001