4 Edward Shippen Ln Morristown, NJ 07960
Morris Township NeighborhoodEstimated Value: $1,509,700 - $1,623,000
5
Beds
5.5
Baths
4,289
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Gunite Pool
- 3.68 Acre Lot
- Deck
- Hillcrest School Rated A-
- Colonial Architecture
- Recreation Room
About This Home
As of January 2021Lovely home on cul-de-sac in quiet Washington Valley Section of Morris Twp .Freshly painted & renovated ,this fabulous home offers space & privacy yet close proximity to Morristown. Vacation at home! The home's lower level offers large spaces for entertaining, a cook's kitchen, quiet spaces with views and privacy and first floor bedroom suite. Beautiful built-ins, gorgeous molding and thoughtful spaces are seen throughout! Upstairs, large master bath provides walk-in closets & built-in storage making the dressing area a dream. Additional bedrooms share a refurbished bath. Three detached bay garages have a bonus multipurpose loft with storage space, a full bath and a large workshop. Estate like oasis includes deer fenced property, expansive lawn, newly surfaced gunite pool & woods & stream for exploring.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,715
Year Built
- Built in 1974 | Remodeled
Lot Details
- 3.68 Acre Lot
- Wood Fence
- Level Lot
- Open Lot
- Sprinkler System
- Wooded Lot
Parking
- 4 Car Garage
- Inside Entrance
- Circular Driveway
- Additional Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Tile
Interior Spaces
- Dry Bar
- High Ceiling
- Skylights
- 2 Fireplaces
- Gas Fireplace
- Thermal Windows
- Shades
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Formal Dining Room
- Den
- Recreation Room
- Storage Room
- Utility Room
- Attic
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Dressing Area
- Powder Room
- In-Law or Guest Suite
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Partial Basement
- Garage Access
- Crawl Space
Home Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Gunite Pool
- Outdoor Pool
- Spa
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Sussexave Elementary School
- Frelghuysn Middle School
- Morristown High School
Utilities
- Zoned Heating
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2322-03402-0000-00004-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Jan 4, 2021
Sold by
Wallis Joseph J and Wallis Susan D
Bought by
Cuomo Alicia and Lassman Seth
Seller's Agent
Kristin Gobbel-Swanson
COLDWELL BANKER REALTY
Buyer's Agent
KELLY E. WEISERT
WEICHERT REALTORS
List Price
$1,225,000
Sold Price
$1,170,000
Premium/Discount to List
-$55,000
-4.49%
Total Days on Market
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,675
Avg. Annual Appreciation
6.94%
Original Mortgage
$936,000
Outstanding Balance
$841,480
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$726,195
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cuomo Alicia | $1,170,000 | Heritage Abstract |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cuomo Alicia | $936,000 | |
| Previous Owner | Wallis Joseph J | $551,000 | |
| Previous Owner | Wallis Joseph J | $650,000 | |
| Previous Owner | Wallis Joseph J | $200,000 | |
| Previous Owner | Wallis Joseph J | $150,000 | |
| Previous Owner | Wallis Joseph J | $58,450 | |
| Previous Owner | Wallis Joseph J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2021 01/14/21 | Sold | $1,170,000 | -4.5% | $273 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $1,225,000 | -- | $286 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $21,566 | $1,075,600 | $396,100 | $679,500 |
| 2023 | $21,566 | $1,075,600 | $396,100 | $679,500 |
| 2022 | $20,565 | $1,075,600 | $396,100 | $679,500 |
| 2021 | $20,565 | $1,075,600 | $396,100 | $679,500 |
| 2020 | $20,028 | $1,075,600 | $396,100 | $679,500 |
| 2019 | $19,716 | $1,075,600 | $396,100 | $679,500 |
| 2018 | $19,501 | $1,075,600 | $396,100 | $679,500 |
| 2017 | $19,372 | $1,075,600 | $396,100 | $679,500 |
| 2016 | $19,070 | $1,075,600 | $396,100 | $679,500 |
| 2015 | $22,162 | $873,900 | $346,200 | $527,700 |
| 2014 | $21,874 | $873,900 | $346,200 | $527,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Gobbel-Swanson
Seller's Agent in 2021
Kristin Gobbel-Swanson
COLDWELL BANKER REALTY
(973) 229-7832
2 in this area
27 Total Sales
-
Sally Mulcahy
Seller Co-Listing Agent in 2021
Sally Mulcahy
COLDWELL BANKER REALTY
(201) 787-4713
1 in this area
13 Total Sales
-
K
Buyer's Agent in 2021
KELLY E. WEISERT
WEICHERT REALTORS
Map
Source: Garden State MLS
MLS Number: 3663218
APN: 22-03402-0000-00004
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