NOT LISTED FOR SALE

5 Summit Rd Morristown, NJ 07960

Estimated Value: $792,000 - $917,000

3 Beds
2.5 Baths
1,800 Sq Ft
$478/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $600,000 $333 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,508/month

8 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Ranch Style House
  • Mendham Township Elementary School Rated A-
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of July 2017

Magnificent Custom Contemporary set back beautifully on a quiet, tree-lined street in one of Morris Twp's most coveted neighborhoods-a truly remarkable, one-of-a-kind home that combines space, light,& design in the most unique & compelling of ways. This pristine home offers a superb floor plan & great flow w nearly 1,700 sq ft of commodious living space on first floor plus an additional 800 sq ft in the lower level. Stunning open floor plan living and dining areas w fireplace, delightful eat-in kitchen, plus 3 airy bedrooms and 2 full baths on fist floor. The finished, walk-out lower level has a fabulous family room with fireplace, a large office/guest room, a half bath plus an expansive mud room which services the 2 car garage entry. Expansive deck & patio. Move-in ready gem!

Last Agent to Sell the Property

EILEEN SCOTT

WEICHERT REALTORS Listed on: 05/14/2017

Last Buyer's Agent

DANIELLE L BENNETT

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,271

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 0.78 Acre Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Ranch Style House
  • Wood Shingle Roof
  • Vertical Siding
  • Tile

Interior Spaces

  • 1,800 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Alfredvail Elementary School
  • Frelghuysn Middle School
  • Morristown High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Electric Air Filter
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2322-00803-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,271

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1964
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 2000
  • Street Number Display: 5
  • Directions: Sussex to Lk Valley Rd to Left onto Raskin, turn Rt on Evans Farm to Left onto Summit to #5
  • I D: 4713920
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: Deer Chase
  • First Name: EILEEN
  • First Name3: DANIELLE L
  • Last Name: SCOTT
  • Last Name3: BENNETT
  • Office Phone: 973 543-1366 ext 237
  • Office Phone3: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2000

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Living Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Security System, Blinds, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Separate Dining Area, Pantry, Eat-In Kitchen
  • Kitchen Dim: 25x12
  • Kitchen Level: First
  • Living Room Dim: 20x13
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 12x10
  • Other Room1 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Kitchen, 3 Bedrooms, Foyer, Dining Room, Living Room, Bath Main
  • Estimated Sq Ft: 1800
  • Ground Level Rooms: Family Room, Powder Room, Storage Room, Laundry Room, Office, Utility Room, Walkout
  • Phone: 973-543-6511

Exterior Features

  • Exterior Description: Vertical Siding, Wood Shingle
  • Exterior Features: Deck, Sidewalk, Patio, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage, Attached Garage, Built-In Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air, Elec Air Filter
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.78 AC
  • Assessed Improvement Value: 223900
  • Assessed Land Value: 299000
  • Assessment: 522900
  • Easement: Unknown
  • Lot Description: Open Lot, Wooded Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.78
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9271
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-00803-0000-00006-0000-
  • Tax Rate Amount: 1.773
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Alfredvail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2017
Closed on
Jul 12, 2017
Sold by
Meyerson Leonard and The Estate Of Leah Barsstone
Bought by
Shamy Peter J and Shamy Patricia A
Seller's Agent
EILEEN SCOTT
WEICHERT REALTORS
Buyer's Agent
DANIELLE L BENNETT
KELLER WILLIAMS REALTY
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$859,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,591
Avg. Annual Appreciation
4.61%
Original Mortgage
$100,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1996
Sold by
Barnstone Leonard
Bought by
Barnstone Leah
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
Shamy Peter J $600,000 Vintage Title Services Llc
Barnstone Leah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shamy Peter J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $600,000 -4.0% $333 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/14/2017 05/14/17 For Sale $625,000 -- $347 / 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 $11,397 $569,300 $299,000 $270,300
2024 $11,414 $569,300 $299,000 $270,300
2023 $11,414 $569,300 $299,000 $270,300
2022 $10,097 $569,300 $299,000 $270,300
2021 $10,097 $569,300 $299,000 $270,300
2020 $10,600 $569,300 $299,000 $270,300
2019 $10,435 $569,300 $299,000 $270,300
2018 $10,321 $569,300 $299,000 $270,300
2017 $9,417 $522,900 $299,000 $223,900
2016 $9,271 $522,900 $299,000 $223,900
2015 $9,274 $365,700 $194,000 $171,700
2014 $9,153 $365,700 $194,000 $171,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3387781

Garden State MLS

APN: 22-00803-0000-00006