NOT LISTED FOR SALE

5 Thompson Way Morris Plains, NJ 07950

Estimated Value: $941,000 - $1,090,000

4 Beds
3 Baths
2,160 Sq Ft
$461/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $935,000 $433 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,350/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Mountain Way Elementary School Rated A-
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of December 2022

**No more showings, offer accepted** Extensively Updated Colonial w/ALL the Modern Upgrades! This home IS the definition of Move-In Ready. Exquisite 2019 Kitchen w/Center Island, Granite, Wine Fridge & SS Appliances open to Family Room w/Fireplace. NEW Master bath w/radiant heat floors, Jacuzzi-style soaking tub, seamless glass shower and detailed inlays. NEW secondary bath feat. subway tile and double sink. Much-desired 2nd floor laundry, HDWD floors, crown molding, Large bedrooms & oversized Master suite w/walk-in Closet. 2 Tiered deck with upper level (off Kitchen) and large lower-level. Newly built Mudroom w/cubbies, storage & nooks galore! Multi-room Finished Basement with office/guestroom and Rec room perfect for gaming and relaxing. Underground doggie fence included! Close proximity to NYC Train & shopping. Beautiful yard, quiet Cul-de-sac street and quick walk to parks and fields!

Last Agent to Sell the Property

MICHAEL ELMS

WEICHERT REALTORS CORP HQ Brokerage Phone: 973-960-1950 Listed on: 10/12/2022

Last Buyer's Agent

KELLY HARTNETT

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,249

Year Built

  • Built in 1981

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Game Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • 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
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Mt. Way Elementary School
  • Borough Middle School
  • Morristown High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2323-00141-0005-00043-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,249

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1981
  • Year Built Description: Approximate
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Renovated Year: 2019
  • Street Number Display: 5
  • Directions: Speedwell/Rt. 202 to Cornine -or- Layer to Thompson
  • I D: 5184092
  • Modified: 2023-12-20
  • Number Images: 32
  • Section Subdiv Development: Revere Woods
  • First Name: MICHAEL
  • First Name3: KELLY
  • Last Name: ELMS
  • Last Name3: HARTNETT
  • Office Phone3: 973-992-6363
  • Attribution Contact: 973-960-1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Washer, Water Softener-Own, WineRefr
  • Interior Amenities: JacuzTyp, StallShw, StallTub, TubShowr, Walk-In Closet
  • 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: Jetted Tub, Soaking Tub, Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: GameRoom, Office, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Dim: 19x13
  • Kitchen Level: First
  • Living Room Dim: 19x13
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 14x11
  • Other Room1 Level: First
  • Other Level Rooms: MudRoom
  • Level 1 Rooms: Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Living Room, MudRoom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Phone: 973-984-1400

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Curbs, Deck, Sidewalk, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Radiant - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • Elementary School: Mt. Way
  • Middle School: Borough
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Borough

Lot Info

  • Lot Size: .423 AC
  • Assessed Improvement Value: 213400
  • Assessed Land Value: 286800
  • Assessment: 500200
  • Easement: Unknown
  • Lot Description: Corner, Cul-De-Sac, Level Lot, Open Lot
  • Lot Identifier: 43
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.42
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12249
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2323-00141-0005-00043-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.449
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Mt. Way

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 19, 2022
Sold by
Kislin Jason H and Kislin Carrie B
Bought by
Cornick Rachael Beth and Cornick Gabriel Harris
Seller's Agent
MICHAEL ELMS
WEICHERT REALTORS CORP HQ
Buyer's Agent
KELLY HARTNETT
BHHS FOX & ROACH
List Price
$895,000
Sold Price
$935,000
Premium/Discount to List
$40,000
4.47%
Views
32
Current Estimated Value
$996,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,291
Avg. Annual Appreciation
2.28%
Original Mortgage
$374,000
Outstanding Balance
$361,994
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$634,297

Purchase Details

Closed on
Jul 6, 2011
Sold by
Schoenig Diesing Claudia and Diesing William
Bought by
Kislin Jason H and Kislin Carrie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Subramaniam Mala
Bought by
Diesing Claudia Schoenig and Diesing William

Purchase Details

Closed on
May 21, 2005
Sold by
Subramaniam Mala
Bought by
Diesing Claudia Scoenig and Diesing William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2004
Sold by
Subramaniam Mala
Bought by
Subramaniam Mala and Rao Lalitha

Purchase Details

Closed on
Sep 10, 1998
Sold by
Subramanian Krishnamurthy and Subramaniam Mala
Bought by
Subramaniam Krishnamurthy and Subramaniam Mala
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
Cornick Rachael Beth $935,000 --
Cornick Rachael Beth $935,000 None Listed On Document
Kislin Jason H $595,000 Wfg National Title Ins Co
Diesing Claudia Schoenig -- --
Diesing Claudia Scoenig $700,000 --
Subramaniam Mala -- --
Subramaniam Krishnamurthy $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornick Rachael Beth $374,000
Closed Cornick Rachael Beth $374,000
Previous Owner Kislin Jason H $476,000
Previous Owner Diesing Claudia Scoenig $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $935,000 +4.5% $433 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/16/2022 10/16/22 For Sale $895,000 -- $414 / 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 $12,815 $516,300 $286,800 $229,500
2024 $12,500 $516,300 $286,800 $229,500
2023 $12,500 $500,200 $286,800 $213,400
2022 $12,250 $500,200 $286,800 $213,400
2021 $12,250 $500,200 $286,800 $213,400
2020 $11,945 $500,200 $286,800 $213,400
2019 $11,715 $500,200 $286,800 $213,400
2018 $11,335 $500,200 $286,800 $213,400
2017 $11,109 $500,200 $286,800 $213,400
2016 $10,719 $500,200 $286,800 $213,400
2015 $10,769 $500,200 $286,800 $213,400
2014 $10,644 $500,200 $286,800 $213,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3812354

Garden State MLS

APN: 23-00141-05-00043