NOT LISTED FOR SALE

50 Sherman Place Morristown, NJ 07960

Estimated Value: $878,000 - $962,833

3 Beds
3 Baths
1,792 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $819,050 $457 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,883/month

About This Home

As of August 2022

Lovingly cared for 1920's center hall colonial in one of Morristown's best kept secret neighborhoods! Located approximately a mile from the Green, Morristown train station and the vibrant downtown with top notch restaurants and fun nightlife! This 3 bed, 2.1 bath home boasts a cozy wood-burning fireplace, beautiful hardwood floors and a freshly painted interior. The den off of the living room makes the perfect home office or playroom. and the finished basement offers a spacious laundry/storage room as well as an extra room that could be converted into a 4th bedroom. Head outside and enjoy the large screened-in porch! The well-cared for exterior has lovely landscaping & lighting, a new underground sprinkler system, newer concrete composite siding, newer windows, fencing on three sides and a 2 car detached garage. Don't miss the opportunity to live in this special home in a great Morristown location!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 15, 2022
Sold by
Janis Devito
Bought by
Sutherland Sean and Sutherland Anne
Seller's Agent
JANIS DEVITO
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
DANNY GALLEGO
WEICHERT REALTORS
List Price
$699,000
Sold Price
$819,050
Premium/Discount to List
$120,050
17.17%
Current Estimated Value
$906,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,778
Avg. Annual Appreciation
3.28%
Original Mortgage
$647,200
Outstanding Balance
$623,015
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$279,032

Purchase Details

Closed on
Jan 20, 2012
Sold by
Devito Janis
Bought by
Devito Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,160
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1999
Sold by
Vanderploeg Daniel
Bought by
Devito Janis

Purchase Details

Closed on
Feb 28, 1998
Sold by
Gill Pamela L and Plopper Penni K
Bought by
Vanderploeg Daniel and Devito Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Sutherland Sean $819,050 --
Devito Janis -- Lsi
Devito Janis -- --
Vanderploeg Daniel $225,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutherland Sean $647,200
Previous Owner Devito Janis $120,160
Previous Owner Devito Janis R $60,000
Previous Owner Devito Janis R $100,000
Previous Owner Vanderploeg Daniel $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $819,050 +17.2% $457 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $699,000 -- $390 / Sq Ft

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 $11,304 $697,600 $332,900 $364,700
2023 $11,304 $389,000 $225,900 $163,100
2022 $11,172 $389,000 $225,900 $163,100
2021 $11,172 $389,000 $225,900 $163,100
2020 $11,215 $389,000 $225,900 $163,100
2019 $11,211 $389,000 $225,900 $163,100
2018 $11,067 $389,000 $225,900 $163,100
2017 $10,736 $389,000 $225,900 $163,100
2016 $10,460 $389,000 $225,900 $163,100
2015 $10,211 $389,000 $225,900 $163,100
2014 $10,098 $389,000 $225,900 $163,100
Source: Public Records

Agents Affiliated with this Home

  • JANIS DEVITO

    Seller's Agent in 2022

    JANIS DEVITO

    CHRISTIE'S INT. REAL ESTATE GROUP

    (973) 214-6789

    19 in this area

    42 Total Sales

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  • Jessica Talarico

    Seller Co-Listing Agent in 2022

    Jessica Talarico

    CHRISTIE'S INT. REAL ESTATE GROUP

    (973) 490-4567

    7 in this area

    14 Total Sales

    Section Image

  • D

    Buyer's Agent in 2022

    DANNY GALLEGO

    WEICHERT REALTORS

See All Agents

Map

New Jersey Morris County Morristown 07960

50 Sherman Place, Morristown, NJ

This home is located at 50 Sherman Place, Morristown, NJ 07960 and is currently estimated at $921,958, approximately $514 per square foot. 50 Sherman Place is a home located in Morris County with nearby schools including Alfred Vail School, Hillcrest School, and Thomas Jefferson School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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