Seller's Agent in 2023
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
(973) 476-2236
28 in this area
78 Total Sales
Vail Commons 7 Prospect St Unit 506 Morristown, NJ 07960
2
Beds
2
Baths
--
Sq Ft
$463/mo
HOA Fee
Highlights
- Fitness Center
- Wood Flooring
- Thermal Windows
- Hillcrest School Rated A-
- Elevator
- 3-minute walk to The Morristown Green
About This Home
As of September 2023Young In-Town Condo living downtown Morristown. Secured entry bldg., elevator. 5th Floor condo w/ 2 BR/2 full baths & balcony. Laundry INSIDE the unit. Pets okay. Assn. Gym & 2 Storage units Level 2 Hardwood floors/neutral carpeting custom trim, quartz countertops, GE Profile S/S appliances, spacious closets. 2 deeded parking spaces @ $80/month on municipal lot across st. on Prospect. Also Garage parking available on Cattano.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,712
Year Built
- Built in 2008
HOA Fees
- $463 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Tile
Interior Spaces
- 1-Story Property
- Thermal Windows
- Blinds
- Entrance Foyer
- Family or Dining Combination
- Storage Room
- Laundry Room
- Exterior Basement Entry
Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Home Security
Parking
- 2 Parking Spaces
- Parking Lot
Outdoor Features
- Patio
- Porch
Schools
- K-2;3-5 Elementary School
- Frelghuysn Middle School
- Morristown High School
Utilities
- Multiple Heating Units
- Heat Pump System
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 2324-05801-0000-00003-0506-
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal, water fees
- $150 Other One-Time Fees
Amenities
- Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2024
Sold by
Park Miri and Kim Jesse Soo-Yun
Bought by
Miri Park Living Trust and Jin-Chul Kim Living Trust
Current Estimated Value
Purchase Details
Listed on
Sep 29, 2023
Closed on
Sep 11, 2023
Sold by
Sunar Patricia M
Bought by
Park Miri and Kim Jesse Soo-Yun
Seller's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
List Price
$490,000
Sold Price
$490,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Original Mortgage
$294,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 19, 2020
Closed on
Aug 26, 2020
Sold by
Takahashi Yoshiyuki
Bought by
Sunar Halil E and Sunar Patricia M
Seller's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Patricia Lopez
KL SOTHEBY'S INT'L. REALTY
List Price
$459,000
Sold Price
$412,500
Premium/Discount to List
-$46,500
-10.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | American Land Title | |
| Deed | -- | American Land Title | |
| Deed | $490,000 | Carnegie Title | |
| Deed | $490,000 | Carnegie Title | |
| Warranty Deed | $412,500 | Fidelity National Ttl Ins Co | |
| Deed | $412,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $294,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $490,000 | 0.0% | -- |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $490,000 | +18.8% | -- |
| 08/28/2020 08/28/20 | Sold | $412,500 | -6.2% | -- |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | Price Changed | $439,900 | -4.2% | -- |
| 04/19/2020 04/19/20 | For Sale | $459,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $7,086 | $449,900 | $215,000 | $234,900 |
| 2024 | $9,793 | $449,900 | $215,000 | $234,900 |
| 2023 | $9,793 | $337,000 | $225,000 | $112,000 |
| 2022 | $9,679 | $337,000 | $225,000 | $112,000 |
| 2021 | $9,679 | $337,000 | $225,000 | $112,000 |
| 2020 | $9,716 | $337,000 | $225,000 | $112,000 |
| 2019 | $9,712 | $337,000 | $225,000 | $112,000 |
| 2018 | $9,588 | $337,000 | $225,000 | $112,000 |
| 2017 | $9,301 | $337,000 | $225,000 | $112,000 |
| 2016 | $9,062 | $337,000 | $225,000 | $112,000 |
| 2015 | $8,846 | $337,000 | $225,000 | $112,000 |
| 2014 | $8,749 | $337,000 | $225,000 | $112,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Lopez
About Vail Commons
Map
Source: Garden State MLS
MLS Number: 3628390
APN: 24-05801-0000-00003-506
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