NOT LISTED FOR SALE

515 Pitney Place Unit 515 Morristown, NJ 07960

Estimated Value: $311,000 - $366,000

1 Bed
1 Bath
785 Sq Ft
$348/mo HOA Fee

Last Sold December 20, 2021

Last sale price $265,000 $338 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,441/month

18 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Porch
  • Hillcrest School Rated A-
  • Cul-De-Sac
  • Eat-In Kitchen

About This Home

As of December 2021

Beautiful and well maintained complex in a fantastic location near Midtown direct train, Morristown Memorial Hospital, highways, shopping and great restaurants! HOA fee includes heat, hot water, garbage, snow removal & 1 assigned parking space. Front & back entrances for added security & privacy including the rear door from the kitchen to balcony & parking lot. Generous sized Living Room light and bright with a remarkable amount of closet space including a walk-in closet in the bedroom, hardwood floors, Eat-In Kitchen, Pet-friendly. This unit is steps away from the outdoor pool, a beautifully landscaped courtyard, gazebo and open space for grilling & relaxing outside too. Guest parking available. Great investment opportunity!

Last Agent to Sell the Property

Gordon Crawford

KELLER WILLIAMS METROPOLITAN Listed on: 11/09/2021

KELLER WILLIAMS METROPOLITAN

Co-Listed By

Peter Lorenzo

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

ELVIRA GREEN

COCCIA REAL ESTATE GROUP, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1963

Lot Details

  • 4,356

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Window Unit Cooling System
  • Standard Electricity
  • Propane

Additional Features

  • Porch
  • Cul-De-Sac

Listing and Financial Details

  • Assessor Parcel Number 2322-08301-0000-00003-0000-C0515
  • Tax Block *

Community Details

Overview

  • Association fees include heat, maintenance-common area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,245

Year Built

Built in 1963

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Style: One Floor Unit, Townhouse-End Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1963
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 515
  • Directions: Madison Ave (RT 124) to Pitney Pl (across from Mini Cooper Dealer) Unit on left
  • I D: 5114889
  • Modified: 2022-12-21
  • Number Images: 25
  • First Name: GORDON
  • First Name2: PETER
  • First Name3: ELVIRA
  • Last Name: CRAWFORD
  • Last Name2: LORENZO
  • Last Name3: GREEN
  • Office Phone: 973-867-1150
  • Office Phone2: 973-255-9337
  • Office Phone3: 973-887-2500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 3
  • Bedrooms: 1
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 8x10
  • Kitchen Level: Second
  • Living Room Dim: 17x13
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Open Porch(es)
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned, Blacktop

Utilities

  • Cooling: 2 Units, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Propane
  • Water: Association, Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 348
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Maintenance-Common Area

Lot Info

  • Lot Size: 0.00973 AC
  • Assessed Improvement Value: 59300
  • Assessed Land Value: 115000
  • Assessment: 174300
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

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: 3245
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2322-08301-0000-00003-0000-C0515
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.862
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 17, 2021
Sold by
Kristen Klics
Bought by
Vikasam Llc
Seller's Agent
Gordon Crawford
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
ELVIRA GREEN
COCCIA REAL ESTATE GROUP, LLC.
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$339,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,955
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Healy Deirdre and Romero Nahum
Bought by
Klics Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1994
Sold by
Twp Assoc
Bought by
Quah Say Ean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.56%
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
Vikasam Llc $265,000 Foundation Title
Vikasam Llc $265,000 Foundation Title
Klics Kristen $215,000 Fidelity Natl Title Ins Co
Quah Say Ean $82,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klics Kristen $204,250
Previous Owner Quah Say Ean $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $265,000 0.0% $338 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $265,000 0.0% $338 / Sq Ft
11/09/2021 11/09/21 Price Changed $265,000 -- $338 / 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 $3,489 $174,300 $115,000 $59,300
2024 $3,495 $174,300 $115,000 $59,300
2023 $3,495 $174,300 $115,000 $59,300
2022 $3,333 $174,300 $115,000 $59,300
2021 $3,333 $174,300 $115,000 $59,300
2020 $3,245 $174,300 $115,000 $59,300
2019 $3,195 $174,300 $115,000 $59,300
2018 $3,160 $174,300 $115,000 $59,300
2017 $3,139 $174,300 $115,000 $59,300
2016 $3,090 $174,300 $115,000 $59,300
2015 $3,043 $120,000 $70,000 $50,000
2014 $3,004 $120,000 $70,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3751105

Garden State MLS

APN: 22-08301-0000-00003-0000-C0515