NOT LISTED FOR SALE

5 Reservoir Ridge Rd Morristown, NJ 07960

Estimated Value: $1,774,922 - $2,216,000

5 Beds
4.5 Baths
5,875 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $1,437,000 $245 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,252/month

321 Days on Market

Highlights

  • Spa
  • Sitting Area In Primary Bedroom
  • Lake View
  • Mendham Township Elementary School Rated A-
  • Custom Home
  • Maid or Guest Quarters

About This Home

As of April 2016

Enjoy water and mountain views from this thoughtfully designed and impeccably constructed custom colonial on a cul-de-sac in Mendham Township. This magnificent custom built colonial sitting on over 4 acres of the most beautiful property.The open floor plan w/ 14 rooms &4.1 baths, spacious living and entertaining rooms provide the perfect place to relax. Gourmet kitchen and breakfast room with custom cabinetry and granite countertops overlooks the deck, hot tub, terrace and water feature. Study/office with private exterior entry and the 1st floor guest suite. Luxurious master suite with sitting room, fireplace and spa-quality bath on the 2nd floor. Game Room with covered porch is the perfect spot to enjoy a drink and the wonderful water views.

Last Agent to Sell the Property

ERICA LEVEY

KL SOTHEBY'S INT'L. REALTY Listed on: 03/20/2015

Last Buyer's Agent

Patricia Fletcher

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,894

Year Built

  • Built in 2001

Lot Details

  • 4.18 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Custom Home
  • Colonial Architecture
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Utility Room
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Schools

  • Mendham Elementary And Middle School
  • W.M.Mendham High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2319-00127-0000-00030-0003-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,894

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2001
  • County Name: Morris
  • Exclusions: See listing agent
  • Street Number Display: 5
  • Directions: Rt 24 to Cold Hill Rd north to L on Woodland Rd to R on Reservoir Ridge to end.
  • I D: 4512793
  • Modified: 2021-09-23
  • Number Images: 2
  • First Name: ERICA
  • First Name3: PATRICIA
  • Last Name: LEVEY
  • Last Name3: FLETCHER
  • Office Phone3: 973-539-6300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Marble, Wood
  • Fireplace Description: Bedroom 1, Family Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Range/Oven-Gas, Hot Tub, Water Filter, Dishwasher, Kitchen Exhaust Fan
  • Number Rooms: 14
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Sitting Room, 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: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Utility Room, Storage Room, Outside Entrance
  • Dining Room Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 14x19
  • Kitchen Level: First
  • Living Room Dim: 21x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x14
  • Other Room1 Level: First
  • Other Room 2: Game Room
  • Other Room2 Dim: 17x28
  • Other Room2 Level: Second
  • Other Room 3: Media Room
  • Other Room3 Dim: 14x14
  • Other Room3 Level: Second
  • Other Room 4: Library
  • Other Room4 Dim: 16x14
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Foyer, Office, Living Room, Pantry, Family Room, Kitchen, Maid Quarters, Bath(s) Other, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Great Room, Bath Main, Den, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Wood, Stone
  • Exterior Features: Deck, Open Porch(es), Thermal Windows/Doors, Hot Tub, Patio, Underground Lawn Sprinkler, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, 3 Units, Humidifier on Furnace, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Multi-Zone, Forced Hot Air, Humidifr
  • Sewer: Septic 5+ Bedroom Town Verified
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Mendham
  • Middle School: Mendham
  • High School: W.M.Mendham
  • High School: W.M.Mendham
  • Middle Jr High School: Mendham

Lot Info

  • Lot Size: 4.179 AC
  • Assessed Improvement Value: 799600
  • Assessed Land Value: 659000
  • Assessment: 1458600
  • Easement: Unknown
  • Lot Description: Mountain View, Cul-De-Sac, Lake/Water View
  • Lot Identifier: 30.3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 4.18

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: 28894
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2319-00127-0000-00030-0003-
  • Tax Rate Amount: 1.981
  • Tax Rate Tax: *
  • Tax Rate Year: 2014
  • Tax Year Tax: *
  • Tax Year: 2014

MLS Schools

  • Grade School: Mendham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 8, 2016
Sold by
Dunlap Brian J and Dunlap Joanne M
Bought by
Blair Herms Heidi and Blair Herms Risa
Seller's Agent
ERICA LEVEY
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Patricia Fletcher
COMPASS NEW JERSEY, LLC
List Price
$1,550,000
Sold Price
$1,437,000
Premium/Discount to List
-$113,000
-7.29%
Total Days on Market
321
Current Estimated Value
$1,932,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,231
Avg. Annual Appreciation
3.28%
Original Mortgage
$800,000
Outstanding Balance
$645,098
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,287,133

Purchase Details

Closed on
Dec 2, 2008
Sold by
Dunlap Brian J and Dunlap Joanne M
Bought by
Dunlap Joanne M

Purchase Details

Closed on
Aug 29, 2000
Sold by
N R Associates Llc
Bought by
Dunlap Brian J and Dunlap Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
7.96%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Blair Herms Heidi $1,437,000 Wfg National Title Insurance
Dunlap Joanne M -- None Available
Dunlap Brian J $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Herms Heidi $800,000
Closed Blair Herms Heidi $100,000
Previous Owner Dunlap Brian J $730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $1,437,000 -7.3% $245 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
03/20/2015 03/20/15 For Sale $1,550,000 -- $264 / 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 $28,876 $1,563,800 $458,600 $1,105,200
2023 $28,876 $1,382,300 $368,200 $1,014,100
2022 $33,297 $1,342,800 $357,700 $985,100
2021 $33,297 $1,504,600 $659,000 $845,600
2020 $33,086 $1,504,600 $659,000 $845,600
2019 $32,469 $1,504,600 $659,000 $845,600
2018 $31,059 $1,467,100 $659,000 $808,100
2017 $30,164 $1,458,600 $659,000 $799,600
2016 $30,120 $1,458,600 $659,000 $799,600
2015 $29,566 $1,458,600 $659,000 $799,600
2014 $28,895 $1,458,600 $659,000 $799,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3205975

Garden State MLS

APN: 19-00127-0000-00030-03