NOT LISTED FOR SALE

5 E Cove Ln Morristown, NJ 07960

Estimated Value: $1,328,259 - $1,473,000

4 Beds
3 Baths
3,690 Sq Ft
$378/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $830,000 $225 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,871/month

16 Days on Market

Highlights

  • 0.57 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Hillcrest School Rated A-
  • Deck
  • Jetted Tub in Primary Bathroom

About This Home

As of June 2016

Exceptionally well maintained home with large rooms and private cul de sac location.Level yard that backs to woods, circular and paver stone driveway, 3 car garage. Exposed hardwood flooring throughout (lower level and stairs just refinished) 3690 square feet (as per Morris Twp Tax Assessor) Large entry foyer with dramatic curved staircase, office on first level, family room with fireplace and wet bar, 3 of 4 bedrooms have huge walk in closets, sliders from both kitchen and family room open to deck with large level yard. Finished lower level with additional ample storage space.

Last Agent to Sell the Property

Adrienne Francis

KELLER WILLIAMS METROPOLITAN Listed on: 04/26/2016

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

Ryan Dawson

WEICHERT REALTORS

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,244

Year Built

  • Built in 1993

Lot Details

  • 0.57 Acre Lot
  • Cul-De-Sac
  • Open Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Paver Block

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,690 Sq Ft Home
  • Wet Bar
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Sussexave Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-01006-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,244

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 5
  • Directions: Lake Road to Mark Twain, Right onto Stoneybrook, Right onto East Cove. 2nd house on left.
  • I D: 4619633
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Summit
  • First Name: ADRIENNE
  • First Name3: RYAN
  • Last Name: FRANCIS
  • Last Name3: DAWSON
  • Office Phone: 908 766-0085
  • Office Phone3: 973-370-2154
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: Bar-Wet, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 9
  • 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: Stall Shower, Jetted Tub
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Partial
  • Basement Level Rooms: Exercise Room, Storage Room, GameRoom, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 23x15
  • Kitchen Level: First
  • Living Room Dim: 20x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 13x11
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Level 1 Rooms: Bath(s) Other, Family Room, Kitchen, Laundry Room, Foyer, Office, OutEntrn, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Estimated Sq Ft: 3690
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Brick, Wood
  • Exterior Features: Deck, Sidewalk, Underground Lawn Sprinkler, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Paver Block, Circular

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: Quarterly

Schools

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

Lot Info

  • Lot Size: 0.5739 AC
  • Assessed Improvement Value: 323100
  • Assessed Land Value: 238600
  • Assessment: 561700
  • Easement: Unknown
  • Lot Description: Open Lot, Cul-De-Sac
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.57

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14244
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-01006-0000-00007-0000-
  • Tax Rate Amount: 2.536
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: SussexAve

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 14, 2016
Sold by
Lightbourn Barrett and Lightbourn Suzanne
Bought by
Laratta Kelly L and Laratta Robert M
Seller's Agent
Adrienne Francis
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Ryan Dawson
WEICHERT REALTORS
List Price
$819,000
Sold Price
$830,000
Premium/Discount to List
$11,000
1.34%
Current Estimated Value
$1,395,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,315
Avg. Annual Appreciation
5.76%
Original Mortgage
$417,000
Outstanding Balance
$332,856
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,062,459

Purchase Details

Closed on
Nov 17, 2000
Sold by
Hatton Dave and Hatton Annette
Bought by
Lightbourn Barrett and Lightbourn Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
7.64%

Purchase Details

Closed on
Sep 3, 1993
Sold by
Watnong Asso
Bought by
Hatton Daivd and Hatton Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.21%
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
Laratta Kelly L $830,000 Noble Title
Lightbourn Barrett $820,000 --
Hatton Daivd $547,111 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laratta Kelly L $417,000
Previous Owner Lightbourn Barrett $401,000
Previous Owner Hatton Daivd $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $830,000 +1.3% $225 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $819,000 -- $222 / 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 $17,339 $866,100 $289,700 $576,400
2024 $17,365 $866,100 $289,700 $576,400
2023 $17,365 $866,100 $289,700 $576,400
2022 $16,229 $866,100 $289,700 $576,400
2021 $16,229 $848,800 $289,700 $559,100
2020 $15,805 $848,800 $289,700 $559,100
2019 $15,559 $848,800 $289,700 $559,100
2018 $15,389 $848,800 $289,700 $559,100
2017 $15,287 $848,800 $289,700 $559,100
2016 $15,049 $848,800 $289,700 $559,100
2015 $14,245 $561,700 $238,600 $323,100
2014 $14,059 $561,700 $238,600 $323,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3301153

Garden State MLS

APN: 22-01006-0000-00007