$555,000
SOLD MAR 23, 2023

61 Mount Kemble Ave Unit 502 Morristown, NJ 07960

2 Beds
3 Baths
1,509 Sq Ft
2.8 Acres

Recently Sold

$368 Per Sq Ft

21% Above List Price

5 Days on Market

About This Home

As of January 2024

This home is located at 61 Mount Kemble Ave Unit 502, Morristown, NJ 07960 and is currently priced at $555,000, approximately $367 per square foot. This property was built in 1986. 61 Mount Kemble Ave Unit 502 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

Jennifer Pickett

COMPASS NEW JERSEY LLC Brokerage Phone: 973-315-8180 Listed on: 03/02/2023

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Michelle Donus

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1986

Lot Details

  • 2.8 Acre Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,448

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Morris
  • Street Number Display: 61
  • I D: 5204554
  • Modified: 2024-03-24
  • Number Images: 1
  • Attribution Contact: 973-315-8180
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 3.92 AC
  • Total Acres: 2.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Jan 17, 2024
Sold by
Donus David
Bought by
Beard Courtney
Seller's Agent
Michelle Donus
COLDWELL BANKER REALTY
Buyer's Agent
DANYELLA ARAUJO
COMPASS NEW JERSEY LLC
List Price
$624,900
Sold Price
$575,000
Premium/Discount to List
-$49,900
-7.99%
Views
224
Current Estimated Value
$636,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,009
Avg. Annual Appreciation
6.26%
Original Mortgage
$575,000
Outstanding Balance
$557,895
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$78,114

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 22, 2023
Sold by
Evans Theresa and Evans Trefor
Bought by
Donus David
Seller's Agent
Jennifer Pickett
COMPASS NEW JERSEY LLC
Buyer's Agent
Michelle Donus
COLDWELL BANKER REALTY
List Price
$459,900
Sold Price
$555,000
Premium/Discount to List
$95,100
20.68%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Oct 5, 2020
Sold by
Wu Ching T
Bought by
Evans Theresa and Evans Trefor

Purchase Details

Closed on
Nov 1, 2002
Sold by
Duerr Janis
Bought by
Wu Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6.04%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Detommaso Stephen and Detommaso Norma
Bought by
Duerr Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
7.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 1, 1994
Sold by
Dvorak Donald
Bought by
Detommasso Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.6%
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 $575,000 Chicago Title
Deed $575,000 Chicago Title
Deed $555,000 Old Republic Title
Deed $555,000 Old Republic Title
Deed $425,000 E Title Solutions Llc
Deed $425,000 None Listed On Document
Deed $260,000 --
Bargain Sale Deed $226,000 New Jersey Title Insurance C
Deed $163,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 VA
Closed $575,000 VA
Previous Owner $207,200 No Value Available
Previous Owner $214,700 Stand Alone First
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $575,000 -4.0% $381 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $599,000 -4.1% $397 / Sq Ft
11/04/2023 11/04/23 For Sale $624,900 +12.6% $414 / Sq Ft
03/23/2023 03/23/23 Sold $555,000 +20.7% $368 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $459,900 -- $305 / 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 $8,448 $536,400 $225,000 $311,400
2024 $7,053 $536,400 $225,000 $311,400
2023 $7,053 $242,700 $146,300 $96,400
2022 $6,761 $242,700 $146,300 $96,400
2021 $6,761 $235,400 $146,300 $89,100
2020 $6,787 $235,400 $146,300 $89,100
2019 $6,784 $235,400 $146,300 $89,100
2018 $6,697 $235,400 $146,300 $89,100
2017 $6,497 $235,400 $146,300 $89,100
2016 $6,330 $235,400 $146,300 $89,100
2015 $6,179 $235,400 $146,300 $89,100
2014 $6,111 $235,400 $146,300 $89,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3831080

Garden State MLS

APN: 24-07501-0000-00004-58