5 Lake Trail W Morristown, NJ 07960
Estimated Value: $903,248 - $1,218,000
--
Bed
--
Bath
1,958
Sq Ft
$557/Sq Ft
Est. Value
About This Home
This home is located at 5 Lake Trail W, Morristown, NJ 07960 and is currently estimated at $1,090,312, approximately $556 per square foot. 5 Lake Trail W is a home located in Morris County with nearby schools including Harding Township School, Mendham Country Day School, and The School of Saint Elizabeth.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2012
Sold by
Standing Stephen D and Standing Jennifer E
Bought by
Maxwell Fellim and Flanagan Alison
Current Estimated Value
Purchase Details
Closed on
May 14, 2003
Sold by
Scott Donald
Bought by
Standing Stephen and Standing Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.53%
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Maxwell Fellim | $770,000 | Chicago Title Insurance Comp | |
Standing Stephen | $585,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Standing Stephen | $468,000 |
Source: Public Records
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 |
---|---|---|---|---|
2025 | $6,846 | $573,400 | $351,600 | $221,800 |
2024 | $6,629 | $573,400 | $351,600 | $221,800 |
2023 | $6,629 | $573,400 | $351,600 | $221,800 |
2022 | $6,365 | $573,400 | $351,600 | $221,800 |
2021 | $6,365 | $573,400 | $351,600 | $221,800 |
2020 | $6,273 | $573,400 | $351,600 | $221,800 |
2019 | $5,590 | $485,200 | $339,500 | $145,700 |
2018 | $5,483 | $485,200 | $339,500 | $145,700 |
2017 | $5,454 | $485,200 | $339,500 | $145,700 |
2016 | $5,366 | $485,200 | $339,500 | $145,700 |
2015 | $5,240 | $485,200 | $339,500 | $145,700 |
2014 | $5,061 | $485,200 | $339,500 | $145,700 |
Source: Public Records
Map
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