NOT LISTED FOR SALE

54 Franklin Place Morris Plains, NJ 07950

Estimated Value: $752,275 - $781,000

4 Beds
3 Baths
1,713 Sq Ft
$449/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $575,000 $336 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,223/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Formal Dining Room
  • Mountain Way Elementary School Rated A-
  • Wood Flooring
  • Thermal Windows

About This Home

As of September 2019

This house has been fully renovated with the best of materials, plans, and workmanship..sophisticated kitchen with soapstone counter tops, limestone floor and backsplash,stainless appliances and access to two car garage, full bath with tub/shower and bedroom on first floor, living room and dining room...three bedrooms on second floor with full bath with pedestal sink and tile shower stall... finished walkout lower level is absolutely top-of-the-line with cove lighting, kitchenette, and luxurious full bathroom with oversized shower stall/body sprays.. LED cove and detail lighting throughout house, Marvin windows, full sprinkler system, amazing gardens, deck, patio, fully fenced flat, open yard surrounded by evergreen trees for full privacy..Attention to detail at every turn!

Last Listed By

LOU ANN FELLERS

KL SOTHEBY'S INT'L. REALTY Listed on: 08/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,027

Year Built

  • Built in 1948

Lot Details

  • 0.39 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Mt. Way Elementary School
  • Borough Middle School
  • Morristown High School

Utilities

  • Central Air
  • Radiator
  • Radiant Heating System
  • Standard Electricity
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2323-00067-0000-00010-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,027

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 54
  • Directions: Mountain Way or Speedwell to Franklin to sign
  • I D: 4921455
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: in town
  • First Name: LOU ANN
  • First Name3: LOU ANN
  • Last Name: FELLERS
  • Last Name3: FELLERS
  • Office Phone: 237433
  • Office Phone3: 237433
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Washer, Dishwasher, Water Softener-Own, Dryer
  • Interior Amenities: TubShowr, Security System, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Utility Room, Walkout, Storage Room, Bath(s) Other, Family Room, Kitchen
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 15x13
  • Living Room Level: First
  • Other Room 1: SittngRm
  • Other Room1 Dim: 16x7
  • Other Room1 Level: Second
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 12x7
  • Other Room2 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Entrance Vestibule, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-543-3500

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Underground Lawn Sprinkler, Patio, Metal Fence, Deck, Sidewalk, Thermal Windows/Doors
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Electric, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: Mt. Way
  • Middle School: Borough
  • High School: Morristown
  • High School: Morristown
  • Middle Jr High School: Borough

Lot Info

  • Lot Size: .387 AC
  • Assessed Improvement Value: 188800
  • Assessed Land Value: 253700
  • Assessment: 442500
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.39
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10027
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2323-00067-0000-00010-0000-
  • Tax Rate Amount: 2.266
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Mt. Way

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 13, 2019
Sold by
Degroot Dorothy A
Bought by
Aizawa Kenneth and Aizawa Angela
Seller's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
LOU ANN FELLERS
KL SOTHEBY'S INT'L. REALTY
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Total Days on Market
7
Current Estimated Value
$768,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,319
Original Mortgage
$460,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1997
Sold by
Simonutti Mario
Bought by
Degroot Dorothy A

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
Aizawa Kenneth $575,000 Acres Land Title Agency Inc
Degroot Dorothy A $77,666 --
Degroot Dorothy A $155,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aizawa Kenneth $458,000
Closed Aizawa Kenneth $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $575,000 +4.5% $336 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $550,000 -- $321 / 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 $11,058 $442,500 $253,700 $188,800
2023 $11,058 $442,500 $253,700 $188,800
2022 $10,837 $442,500 $253,700 $188,800
2021 $10,363 $442,500 $253,700 $188,800
2020 $10,567 $442,500 $253,700 $188,800
2019 $10,363 $442,500 $253,700 $188,800
2018 $9,529 $420,500 $253,700 $166,800
2017 $9,339 $420,500 $253,700 $166,800
2016 $9,011 $420,500 $253,700 $166,800
2015 $9,053 $420,500 $253,700 $166,800
2014 $8,948 $420,500 $253,700 $166,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3579041

Garden State MLS

APN: 23-00067-0000-00010