NOT LISTED FOR SALE

41 Mount Kemble Ave Unit 403 Morristown, NJ 07960

Estimated Value: $503,000 - $548,984

2 Beds
2 Baths
1,280 Sq Ft
$430/mo HOA Fee

Last Sold September 02, 2022

Last sale price $436,000 $341 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,992/month

47 Days on Market

Highlights

  • Fitness Center
  • 2.8 Acre Lot
  • Wood Flooring
  • Hillcrest School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2022

This bright and contemporary 2BR/2BA loft in the heart of Morristown boasts high ceilings and various skylights, an abundance of natural light carries through this 1,400 sqft open concept with plenty of space to unwind and entertain. Updated kitchen is complete with granite countertops, under-cabinet lighting, and stainless-steel GE appliances. The master suite leaves plenty to love with vaulted ceilings, a white marble bathroom, and a custom closet w/ built ins. Spacious bedrooms, updated bathrooms, W/D in-unit and hardwood floors are not all you'll find on the main level. Sliding doors off the living room will lead you to your outdoor patio with privacy and tranquility in mind. Take the spiral staircase upstairs where you'll find an unparalleled loft with endless possibilities and a large walk-in closet. Just when you thought that was it, this home is also equipped with smart-home technology, from locking the doors, controlling the temperature, and turning the lights on/off, there is nothing you can't do on-command from anywhere in the unit! 41 Mount Kemble has a secured building entry that leads to a welcoming lobby, common gym, and elevator access. A storage unit and assigned parking are also included with plenty of additional parking. Just minutes to the Morristown Green and all Morristown has to offer - this listing is truly a gem and will certainly not last!

Last Agent to Sell the Property

Ryan Dougherty

COMPASS NEW JERSEY, LLC Listed on: 06/08/2022

COMPASS NEW JERSEY, LLC

Co-Listed By

Mary Dougherty

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

SAMANTHA LEE BARNETT

COMPASS NEW JERSEY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1986

Lot Details

  • 2.8

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Wood Siding

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Schools

  • Hillcrest Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Family or Dining Combination
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 2324-07501-0000-00003-0030-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,605

Year Built

Built in 1986

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Morris
  • Renovated Year: 2020
  • Street Number Display: 41
  • Directions: Google Maps 41 Mt Kemble ave Morristown NJ 07960
  • I D: 5156894
  • Modified: 2023-09-03
  • Number Images: 25
  • First Name: RYAN
  • First Name2: MARY
  • First Name3: SAMANTHA
  • Last Name: DOUGHERTY
  • Last Name2: DOUGHERTY
  • Last Name3: GERHOLD
  • Office Phone2: 973-310-6816
  • Office Phone3: 973-532-4429
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Extinguisher, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 14x16
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 7x6
  • Other Room2 Level: First
  • Other Room 3: Loft
  • Other Room3 Dim: 26x15
  • Other Room3 Level: Second
  • Phone: 973-310-7360

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Assigned, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Elevator, Exercise Room, Storage
  • Association Maintenance Fee: 430
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Hillcrest
  • Middle School: Frelghuysn
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Frelghuysn

Lot Info

  • Lot Size: 323X378
  • Assessed Improvement Value: 130800
  • Assessed Land Value: 133000
  • Assessment: 263800
  • Lot Description: Backs to Park Land
  • Lot Identifier: 3.30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.80

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7605
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2324-07501-0000-00003-0030-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.872
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Hillcrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 31, 2022
Sold by
Grafas Stephen M
Bought by
Maw Phyu Thwe and Oo Naylin
Seller's Agent
Ryan Dougherty
COMPASS NEW JERSEY, LLC
Buyer's Agent
SAMANTHA LEE BARNETT
COMPASS NEW JERSEY, LLC
List Price
$489,000
Sold Price
$436,000
Premium/Discount to List
-$53,000
-10.84%
Views
10
Current Estimated Value
$529,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,264
Avg. Annual Appreciation
6.08%
Original Mortgage
$348,800
Outstanding Balance
$332,088
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$186,249

Purchase Details

Closed on
May 11, 2016
Sold by
Wyatt Barbara Louise
Bought by
Grafas Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 28, 2015
Closed on
Sep 28, 2015
Sold by
Dawson Shuan and Mcmahon Mary C
Bought by
Wyatt Barbara Louise
Seller's Agent
Louis Pennacchio
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Lori Velasco
COLDWELL BANKER REALTY
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$325,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2007
Sold by
Lahoud Georgina and Nico Christopher
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
May 13, 2005
Sold by
Bassetti Edward R
Bought by
Lahoud Georgina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 27, 2005
Sold by
Bassetti Theodore
Bought by
Bassetti Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 1996
Sold by
Bassetti Edward R
Bought by
Bassetti Theodore R and Bassetti Margherita E
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
Maw Phyu Thwe $436,000 Simplicity Title
Grafas Stephen M $340,000 Chicago Title Insurance Comp
Wyatt Barbara Louise $325,000 Chicago Title Co Llc
Prudential Relocation Inc $360,000 First American Title Ins Co
Lahoud Georgina $365,000 --
Bassetti Edward -- --
Bassetti Theodore R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maw Phyu Thwe $348,800
Previous Owner Grafas Stephen M $340,000
Previous Owner Grafas Stephen M $272,000
Previous Owner Wyatt Barbara Louise $325,000
Previous Owner Mcmahon Mary C $266,000
Previous Owner Dawson Shaun C $240,000
Previous Owner Dawson Shaun C $30,000
Previous Owner Lahoud Georgina $68,000
Previous Owner Lahoud Georgina $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $436,000 -3.1% $341 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/12/2022 07/12/22 Price Changed $449,999 -5.3% $352 / Sq Ft
07/06/2022 07/06/22 Price Changed $475,000 -2.9% $371 / Sq Ft
06/08/2022 06/08/22 For Sale $489,000 +50.5% $382 / Sq Ft
09/28/2015 09/28/15 Sold $325,000 -- $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 $7,666 $496,000 $225,000 $271,000
2023 $7,666 $263,800 $133,000 $130,800
2022 $7,576 $263,800 $133,000 $130,800
2021 $7,576 $263,800 $133,000 $130,800
2020 $7,605 $263,800 $133,000 $130,800
2019 $7,603 $263,800 $133,000 $130,800
2018 $7,505 $263,800 $133,000 $130,800
2017 $7,281 $263,800 $133,000 $130,800
2016 $7,094 $263,800 $133,000 $130,800
2015 $6,925 $263,800 $133,000 $130,800
2014 $6,848 $263,800 $133,000 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3787634

Garden State MLS

APN: 24-07501-0000-00003-30