$520,000
SOLD MAR 16, 2012

55 Chimney Ridge Dr Morristown, NJ 07960

4 Beds
3 Baths
2,064 Sq Ft
0.35 Acres

Recently Sold

$252 Per Sq Ft

0 Day on Market

About This Home

As of December 2020

This home is located at 55 Chimney Ridge Dr, Morristown, NJ 07960 and is currently priced at $520,000, approximately $251 per square foot. This property was built in 1964. 55 Chimney Ridge Dr is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alfred Vail School.

Last Buyer's Agent

SUSAN BLODGETT

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,631

Year Built

  • Built in 1964

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,631

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • County Name: Morris
  • Street Number Display: 55
  • I D: 4196655
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-267-8990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.35 AC
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 3, 2020
Sold by
Durkin David and Durkin Allyson A
Bought by
Thomas Bryan and Thomas Jody
Seller's Agent
SUSAN BLODGETT
COLDWELL BANKER REALTY
Buyer's Agent
Fred Wynne
WEICHERT REALTORS
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$973,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,325
Avg. Annual Appreciation
8.79%
Original Mortgage
$400,000
Outstanding Balance
$356,119
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$617,206

Purchase Details

Listed on
Oct 15, 2020
Closed on
Nov 24, 2020
Sold by
Durkin David and Durkin Allyson
Bought by
Thomas Bryan and Thomas Jody
Seller's Agent
SUSAN BLODGETT
COLDWELL BANKER REALTY
Buyer's Agent
Fred Wynne
WEICHERT REALTORS
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$356,119
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$617,206

Purchase Details

Closed on
Oct 10, 2012
Sold by
Durkin David and Rhatican Allyson
Bought by
Durkin David and Durkin Allyson A

Purchase Details

Listed on
Mar 16, 2012
Closed on
Mar 14, 2012
Sold by
Babiak Mildred and Babiak Loraine
Bought by
Durkin David and Rhatican Allyson
Buyer's Agent
SUSAN BLODGETT
COLDWELL BANKER REALTY
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$484,800
Interest Rate
3.75%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $650,000 Old Republic Title
Deed $650,000 Ridge Title Agency Llc
Deed -- None Available
Bargain Sale Deed $520,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Previous Owner $74,000 Credit Line Revolving
Previous Owner $484,800 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $650,000 +4.0% $315 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $625,000 +20.2% $303 / Sq Ft
03/16/2012 03/16/12 Sold $520,000 -- $252 / 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 $10,631 $531,000 $297,500 $233,500
2024 $10,647 $531,000 $297,500 $233,500
2023 $10,647 $531,000 $297,500 $233,500
2022 $9,801 $531,000 $297,500 $233,500
2021 $9,801 $512,600 $297,500 $215,100
2020 $9,545 $512,600 $297,500 $215,100
2019 $9,396 $512,600 $297,500 $215,100
2018 $9,293 $512,600 $297,500 $215,100
2017 $9,232 $512,600 $297,500 $215,100
2016 $9,088 $512,600 $297,500 $215,100
2015 $10,251 $404,200 $202,500 $201,700
2014 $10,117 $404,200 $202,500 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2907043

Garden State MLS

APN: 22-09611-0000-00009