NOT LISTED FOR SALE

521 James St Morristown, NJ 07960

Estimated Value: $3,899,317 - $6,198,000

6 Beds
9 Baths
-- Sq Ft
12 Acres

Last Sold September 28, 2016

Last sale price $3,800,000

Est. 36% increase in value since last sale

Current estimated payment $30,776/month

123 Days on Market

Highlights

  • 12 Acre Lot
  • Colonial Architecture
  • Dining Room with Fireplace
  • Harding Township School Rated A
  • Maid or Guest Quarters
  • Wooded Lot

About This Home

As of September 2016

An impeccable design sense characterizes this grand Georgian Colonial tastefully renovated 1997, 2008. 12 AC featuring peren. gardens & stone walls.. Privately set at the end of long tree-lined drive Iconic architecture presents a covered portico entry supported by classic white columns, an all-brick exterior painted white, slate roof, traditional black shutters & dormered roof lines. Highlights of the gracious, sunlit layout include 4 uniquely-mantled fireplaces, intricate millwork, gleaming wood floors, numerous built-ins and 5 staircases serving 4 levels of the home. Sophisticated gathering spaces are universally inviting & beautifully decorated. The dual island kitchen, has a breakfast bar, dining area, honed-marble counter tops, pantry, custom cabinetry & SS appliances & is open to the FR w/ fpl.

Last Agent to Sell the Property

Gerry-Jo Cranmer

TURPIN REAL ESTATE, INC. Listed on: 03/14/2016

Last Buyer's Agent

JOAN DEANGELIS

BHHS - NEW JERSEY PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,432

Year Built

  • Built in 1940

Lot Details

  • 12 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot
  • Subdivision Possible

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Library with Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Harding Elementary And Middle School
  • Madison High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2313-00019-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,432

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • County Name: Morris
  • Exclusions: On File
  • Renovated Year: 2008
  • Street Number Display: 521
  • Directions: Blue Mill Road or Lee's Hill road to James Street
  • I D: 4606911
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: New Vernon
  • First Name: GERRY JO
  • First Name3: JOAN
  • Last Name: CRANMER
  • Last Name3: DEANGELIS
  • Office Phone: 908-234-9100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Ceramic Tile, Marble, Wood
  • Fireplace Description: Dining Room, Family Room, Library, Living Room
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Generator-Built-In, Range/Oven-Gas, OvnWElec, Refrigerator, OvnWGas, Washer, Instant Hot Water, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, SoakTub, Bar-Wet, Walk-In Closet, Fire Alarm Sys, Security System, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 16
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 7.20
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Crawl Space, Partial
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Breakfast Bar, Center Island, Separate Dining Area, Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 37x17
  • Kitchen Level: First
  • Living Room Dim: 29x20
  • Living Room Level: First
  • Other Room 1: MaidQrtr
  • Other Room1 Dim: 19x13
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 12x8
  • Other Room2 Level: First
  • Other Room 3: Screened Patio/Porch
  • Other Room3 Dim: 18x12
  • Other Room3 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Kitchen, Maid Quarters, Powder Room, Laundry Room, Foyer, Library, Screened, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Bath(s) Other, 2 Bedrooms, Storage Room
  • Phone: 908-234-9100

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Open Porch(es), Patio, Underground Lawn Sprinkler, Enclosed Porch(es)
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Gravel, Additional Parking, Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Multi-Zone
  • Sewer: Septic 5+ Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Well

Schools

  • Elementary School: Harding
  • Middle School: Harding
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Harding

Lot Info

  • Lot Size: 12.00 AC
  • Assessed Improvement Value: 1873400
  • Assessed Land Value: 1500000
  • Assessment: 3373400
  • Easement: Unknown
  • Farm Assessment: Yes
  • Lot Description: Open Lot, Possible Subdivision, Wooded Lot, Level Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Total Acres: 12.00
  • Zoning: Residential

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 36432
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2313-00019-0000-00007-0000-
  • Tax Rate Amount: 1.080
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Harding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Sep 26, 2016
Sold by
Lang Wesley W and Lang Mary Margaret
Bought by
Losapio Fredrick and Losapio Dana M
Seller's Agent
Gerry-Jo Cranmer
TURPIN REAL ESTATE, INC.
Buyer's Agent
JOAN DEANGELIS
BHHS - NEW JERSEY PROPERTIES
List Price
$4,350,000
Sold Price
$3,800,000
Premium/Discount to List
-$550,000
-12.64%
Current Estimated Value
$5,169,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,369,439
Avg. Annual Appreciation
1.28%
Original Mortgage
$2,660,000
Outstanding Balance
$2,158,969
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$2,097,099

Purchase Details

Closed on
Apr 17, 1997
Sold by
Keating Daniel L and Keating Janet
Bought by
Lang Wesley W and Lang Mary Margaret

Purchase Details

Closed on
Nov 16, 1993
Sold by
Double R Devt
Bought by
Keating Daniel and Keating Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Losapio Fredrick $3,800,000 Chicago Title Insurance Co
Lang Wesley W $2,984,132 --
Keating Daniel $1,563,240 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Losapio Fredrick $2,660,000
Previous Owner Lang Wesley W $729,750
Previous Owner Keating Daniel $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $3,800,000 -12.6% --
07/15/2016 07/15/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $4,350,000 -- --
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 $31,316 $2,709,000 $675,000 $2,034,000
2023 $31,316 $2,709,000 $675,000 $2,034,000
2022 $30,070 $2,709,000 $675,000 $2,034,000
2021 $30,070 $2,709,000 $675,000 $2,034,000
2020 $29,636 $2,709,000 $675,000 $2,034,000
2019 $38,862 $3,373,400 $1,500,000 $1,873,400
2018 $38,119 $3,373,400 $1,500,000 $1,873,400
2017 $37,917 $3,373,400 $1,500,000 $1,873,400
2016 $37,310 $3,373,400 $1,500,000 $1,873,400
2015 $36,433 $3,373,400 $1,500,000 $1,873,400
2014 $35,185 $3,373,400 $1,500,000 $1,873,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3289444

Garden State MLS

APN: 13-00019-0000-00007