NOT LISTED FOR SALE

517 Pitney Place Morristown, NJ 07960

Estimated Value: $362,000 - $411,000

2 Beds
1 Bath
890 Sq Ft
$433/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $356,000 $400 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,395/month

11 Days on Market

About This Home

As of December 2023

This home is located at 517 Pitney Place, Morristown, NJ 07960 since 30 November 2023 and is currently estimated at $385,299, approximately $432 per square foot. This property was built in 1963. 517 Pitney Place is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.

Last Agent to Sell the Property

ELIZABETH NOVELLO

PROMINENT PROPERTIES SIR Brokerage Phone: 973-376-8188 Listed on: 11/30/2023

Last Buyer's Agent

ELVIRA GREEN

COCCIA REAL ESTATE GROUP, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,132

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,132

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Morris
  • Street Number Display: 517
  • I D: 5256884
  • Modified: 2024-12-29
  • Number Images: 1
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 0.1103 AC
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 27, 2023
Sold by
Staats Kevin J
Bought by
Vikasam Llc
Seller's Agent
ELIZABETH NOVELLO
PROMINENT PROPERTIES SIR
Buyer's Agent
ELVIRA GREEN
COCCIA REAL ESTATE GROUP, LLC.
List Price
$349,000
Sold Price
$356,000
Premium/Discount to List
$7,000
2.01%
Views
154
Current Estimated Value
$385,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,299
Avg. Annual Appreciation
4.57%

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 25, 2021
Sold by
Florance Brett A
Bought by
Staats Kevin J
Seller's Agent
David Blinder
LISTONENJ
List Price
$309,900
Sold Price
$318,500
Premium/Discount to List
$8,600
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$254,800
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2014
Closed on
Jan 13, 2014
Sold by
Bukhari Syed Faisal and Bukhari Arifa
Bought by
Florance Brett A
Seller's Agent
DAVID SALMON
WEICHERT REALTORS
Buyer's Agent
Valerie Morrison
THE KEY REAL ESTATE GROUP
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$193,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2000
Sold by
Township Associates
Bought by
Mcsorley Scott J
Source: Public Records

Range of Values:

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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
Vikasam Llc $356,000 None Listed On Document
Staats Kevin J $318,500 Realsafe Title Llc
Florance Brett A $215,000 Acres Land Title Agency Inc
Mcsorley Scott J $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Staats Kevin J $254,800
Previous Owner Florance Brett A $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2023 12/28/23 Sold $356,000 +2.0% $400 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $349,000 +9.6% $392 / Sq Ft
10/27/2021 10/27/21 Sold $318,500 +2.8% $358 / Sq Ft View Prior Sale
09/17/2021 09/17/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $309,900 +44.1% $348 / Sq Ft
01/16/2014 01/16/14 Sold $215,000 -- $242 / Sq Ft View Prior Sale
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 $4,132 $219,500 $115,000 $104,500
2024 $4,138 $206,400 $115,000 $91,400
2023 $4,138 $206,400 $115,000 $91,400
2022 $3,946 $206,400 $115,000 $91,400
2021 $3,946 $206,400 $115,000 $91,400
2020 $3,843 $206,400 $115,000 $91,400
2019 $3,783 $206,400 $115,000 $91,400
2018 $3,742 $206,400 $115,000 $91,400
2017 $3,717 $206,400 $115,000 $91,400
2016 $3,659 $206,400 $115,000 $91,400
2015 $3,550 $140,000 $70,000 $70,000
2014 $3,504 $140,000 $70,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3876464

Garden State MLS

APN: 22-08301-0000-00003-0000-C0517