NOT LISTED FOR SALE

83 Chestnut St Morristown, NJ 07960

Estimated Value: $705,000 - $844,000

-- Bed
-- Bath
1,352 Sq Ft
$579/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $575,000 $425 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,231/month

9 Days on Market

About This Home

As of January 2019

This home is located at 83 Chestnut St, Morristown, NJ 07960 since 24 September 2018 and is currently estimated at $782,411, approximately $578 per square foot. 83 Chestnut St is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

Last Agent to Sell the Property

Ashley Young

REDFIN CORPORATION Brokerage Phone: 888-501-6953 Listed on: 09/24/2018

REDFIN CORPORATION

Last Buyer's Agent

Ashley Young

REDFIN CORPORATION Brokerage Phone: 888-501-6953 Listed on: 09/24/2018

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,618

Lot Details

  • 8,712 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,618

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 83
  • I D: 4838126
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 888-501-6953
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X176 AVG
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Dec 28, 2018
Sold by
Young Ashley E
Bought by
Lin Yan
Seller's Agent
Ashley Young
REDFIN CORPORATION
Buyer's Agent
Ashley Young
REDFIN CORPORATION
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%
Current Estimated Value
$782,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,411
Avg. Annual Appreciation
4.48%
Original Mortgage
$460,000
Outstanding Balance
$406,839
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$360,125

Purchase Details

Closed on
May 14, 2018
Sold by
Deutsche Bank National Trust Company
Bought by
Young Ashley

Purchase Details

Closed on
Sep 21, 2017
Sold by
Morera Juan and Wangwe Salome
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 23, 2009
Sold by
Wangwe Salome
Bought by
Morera Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2006
Sold by
Patel Smita
Bought by
Wangwe Salome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2005
Sold by
Winter Charles
Bought by
Patel Smita

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
Interest Rate
8.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lin Yan $575,000 Agent For Chicago Title Ins
Young Ashley $295,500 None Available
Deutsche Bank National Trust Company -- None Available
Morera Juan $450,000 None Available
Wangwe Salome $560,000 --
Patel Smita $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yan $460,000
Previous Owner Morera Juan $441,849
Previous Owner Wangwe Salome $448,000
Previous Owner Patel Smita $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $575,000 -2.4% $425 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $589,000 -- $436 / 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 $11,618 $586,500 $335,200 $251,300
2023 $11,618 $399,800 $228,200 $171,600
2022 $11,482 $399,800 $228,200 $171,600
2021 $11,482 $399,800 $228,200 $171,600
2020 $11,526 $399,800 $228,200 $171,600
2019 $9,441 $327,600 $228,200 $99,400
2018 $9,320 $327,600 $228,200 $99,400
2017 $9,042 $327,600 $228,200 $99,400
2016 $8,809 $327,600 $228,200 $99,400
2015 $8,600 $327,600 $228,200 $99,400
2014 $8,505 $327,600 $228,200 $99,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ashley Young

    REDFIN CORPORATION

    Ashley Young
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3504170

Garden State MLS

APN: 24-08403-0000-00007

New Jersey Morris County Morristown 07960

83 Chestnut St, Morristown, NJ

This home is located at 83 Chestnut St, Morristown, NJ 07960 since 24 September 2018 and is currently estimated at $782,411, approximately $578 per square foot. 83 Chestnut St is a home located in Morris County with nearby schools including Hillcrest School, Alfred Vail School, and Thomas Jefferson School.

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