NOT LISTED FOR SALE

53 Wetmore Ave Unit 2 Morristown, NJ 07960

Estimated Value: $388,000 - $466,873

2 Beds
1 Bath
1,044 Sq Ft
$275/mo HOA Fee

Last Sold April 25, 2016

Last sale price $305,000 $292 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,219/month

16 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Shades
  • Hillcrest School Rated A-
  • Thermal Windows
  • Porch

About This Home

As of April 2016

Awesome location! Neighborhood atmosphere and cul-de-sac street! Restaurants, pubs, performing arts, direct train to Penn Station & many other things Morristown has to offer is within walking distance This very clean unit offers an open and bright floor plan.The 9-foot ceiling and hardwood floors enhance the spacious living room and dining area. The kitchen has lots of natural light, plenty of cabinet space and a movable island that serves as an EIK. Down the hall you will find 2 nice size bedrooms and a full bath. Stackable W/D are on this level & the basement offers storage. If you find yourself in need of some fresh air just step onto the covered front porch, pull up a chair, grab a cold beverage and just relax.This unit is just around the corner from some of the most prestigious areas in all of Morristown

Last Agent to Sell the Property

PETER ANZELONE

BHHS GROSS AND JANSEN REALTORS Listed on: 02/17/2016

Last Buyer's Agent

KELLY OLSEN

KELLER WILLIAMS METROPOLITAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1916

Lot Details

  • 5,663

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Shades
  • Drapes & Rods
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Porch

Schools

  • Morristown Elementary And Middle School
  • Morristown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2324-08601-0000-00002-0002-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, sewer fees, water fees

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,723

Year Built

Built in 1916

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1916
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 53
  • Directions: 287 to exit 35 to 124 to South Street to Dehart to Wetmore
  • I D: 4599699
  • Modified: 2021-09-23
  • Number Images: 17
  • Section Subdiv Development: Historic
  • First Name: PETER
  • First Name3: KELLY
  • Last Name: ANZELONE
  • Last Name3: OLSEN
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Stackable Washer/Dryer, Microwave Oven
  • Interior Amenities: Smoke Detector, Drapes, Carbon Monoxide Detector, Shades
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Outside Entrance
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Kitchen, Dining Room
  • Phone: 973-764-5555

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk, Thermal Windows/Doors, Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 275
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Sewer Fees, Water Fees

Schools

  • Elementary School: Morristown
  • Middle School: Morristown
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Morristown

Lot Info

  • Lot Size: 50X110
  • Assessed Improvement Value: 98000
  • Assessed Land Value: 120000
  • Assessment: 218000
  • Easement: Unknown
  • Lot Identifier: 2.2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 5723
  • Assessor Parcel Number: 2324-08601-0000-00002-0002-
  • Tax Rate Amount: 2.625
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Morristown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 23, 2016
Sold by
Tramutola Jared R
Bought by
Yuan Eugene
Seller's Agent
PETER ANZELONE
BHHS GROSS AND JANSEN REALTORS
Buyer's Agent
KELLY OLSEN
KELLER WILLIAMS METROPOLITAN
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$437,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,468
Avg. Annual Appreciation
4.15%

Purchase Details

Listed on
Dec 18, 2012
Closed on
Dec 13, 2012
Sold by
Yang Chin Ju
Bought by
Tramutola Jared R
Seller's Agent
Shawn Fox
RE/MAX TOWN & VALLEY II
Buyer's Agent
Shawn Fox
RE/MAX TOWN & VALLEY II
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$235,125
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
King Allison and Bromberg Kenneth
Bought by
Yang Chin Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
King Allison and Bromberg Kenneth
Bought by
King Allison and Bromberg Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Farkas Business
Bought by
King Allison

Purchase Details

Closed on
Sep 29, 1998
Sold by
Hill Marilyn J
Bought by
Farkas Business Interiors

Purchase Details

Closed on
Oct 19, 1994
Sold by
Ge Capital Mtg
Bought by
Hill Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.65%
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
Yuan Eugene $305,000 Elite Title Group Llc
Tramutola Jared R $247,500 None Available
Yang Chin Ju $231,000 None Available
King Allison -- Lsi
King Allison $215,000 --
Farkas Business Interiors $125,000 --
Hill Marilyn $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tramutola Jared R $235,125
Previous Owner Yang Chin Ju $131,000
Previous Owner King Allison $175,000
Previous Owner King Allison $75,000
Previous Owner Hill Marilyn $68,000
Closed Farkas Business Interiors $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $305,000 +1.7% $292 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $299,900 +21.2% $287 / Sq Ft
12/18/2012 12/18/12 Sold $247,500 -- $237 / 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 $6,335 $410,400 $200,000 $210,400
2023 $6,335 $218,000 $120,000 $98,000
2022 $6,198 $218,000 $120,000 $98,000
2021 $6,198 $218,000 $120,000 $98,000
2020 $6,285 $218,000 $120,000 $98,000
2019 $6,283 $218,000 $120,000 $98,000
2018 $6,202 $218,000 $120,000 $98,000
2017 $6,017 $218,000 $120,000 $98,000
2016 $5,862 $218,000 $120,000 $98,000
2015 $5,723 $218,000 $120,000 $98,000
2014 $5,659 $218,000 $120,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3282504

Garden State MLS

APN: 24-08601-0000-00002-02