$1,850,000
SOLD FEB 14, 2025

5 Wheatsheaf Farm Rd Morristown, NJ 07960

4 Beds
5 Baths
3,700 Sq Ft
2,875 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

6% Above List Price

32 Days on Market

About This Home

As of February 2025

This home is located at 5 Wheatsheaf Farm Rd, Morristown, NJ 07960 and is currently priced at $1,850,000, approximately $500 per square foot. This property was built in 2014. 5 Wheatsheaf Farm Rd is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

Last Agent to Sell the Property

Ryan Dawson

WEICHERT REALTORS Brokerage Phone: 973-539-8000 Listed on: 12/12/2024

WEICHERT REALTORS

Last Buyer's Agent

Taylor Chalmers

NEXTHOME PENINSULA REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,071

Year Built

  • Built in 2014

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,071

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Year Built: 2014
  • County Name: Morris
  • Street Number Display: 5
  • I D: 5328512
  • Modified: 2025-02-14
  • Number Images: 1
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 14, 2025
Sold by
Troast Timothy and Troast Jennifer
Bought by
Wang Boqi Patrick and Yin Huiqi Vickie
Seller's Agent
Ryan Dawson
WEICHERT REALTORS
Buyer's Agent
Taylor Chalmers
NEXTHOME PENINSULA REALTY GROUP
List Price
$1,749,900
Sold Price
$1,850,000
Premium/Discount to List
$100,100
5.72%
Views
83
Current Estimated Value
$1,859,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,454
Avg. Annual Appreciation
-1.62%

Purchase Details

Closed on
Nov 14, 2014
Sold by
K Hovnanian At Morris Twp Llc
Bought by
Troast Jennifer and Troast Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Bargain Sale Deed $1,850,000 Foundation Title
Bargain Sale Deed $1,850,000 Foundation Title
Deed $1,043,927 Eastern Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $822,375 New Conventional
Previous Owner $822,375 New Conventional
Previous Owner $803,000 Adjustable Rate Mortgage/ARM
Previous Owner $95,000 Credit Line Revolving
Previous Owner $835,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $1,850,000 +5.7% $500 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/14/2024 12/14/24 For Sale $1,749,900 -- $473 / 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 $21,071 $1,050,900 $364,500 $686,400
2023 $21,071 $1,050,900 $364,500 $686,400
2022 $19,812 $1,050,900 $364,500 $686,400
2021 $19,812 $1,036,200 $364,500 $671,700
2020 $19,294 $1,036,200 $364,500 $671,700
2019 $18,994 $1,036,200 $364,500 $671,700
2018 $18,786 $1,036,200 $364,500 $671,700
2017 $18,662 $1,036,200 $364,500 $671,700
2016 $18,372 $1,036,200 $364,500 $671,700
2015 $16,943 $150,000 $150,000 $0
2014 $3,755 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3937851

Garden State MLS

APN: 22-03103-0000-00060-0000-C0065