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11 Laura Lane

11 Laura Lane, Morristown, NJ 07960
Property in Morris
Sold Apr 16, 2019
$520,000
$468,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2049
Local assessors in Morristown, NJ have categorized 11 Laura Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 36,590 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Laura Lane has a total of 2,804 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 575 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of shingle (not wood). Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 Laura Lane was last sold in Apr 10, 2019 for $520,000. According to our calculations, that's $185.45 per sqft. Current property owners are expected to pay $13,716 in taxes per year. The property on 11 Laura Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $684,100. To break that down further, the land itself was valued at $297,300. While improvements to the property were assessed at a total of $386,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,572
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 2,804
  • Building Area: 2,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.84
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALSTON RAYMOND J
  • Current Owner 2: ALSTON CORRESHA N
  • Previous Owner : LINDSTROM LISA L
  • Previous Owner 2: ESTATE OF LEE DE FREITAS LINDS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043303

Zoning

  • Zoning: R35C

Geography

  • District: 22
  • Parcel: 22 07501-0000-00011
  • Block: 7501
  • Lot: 11
  • Municipality: MORRIS TWP
  • Latitude: 40.7706
  • Longitude: -74.4754

    Address

  • Full Address: 11 Laura Ln
  • Address - House Number: 11
  • Address - Street Name: Laura
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C036
  • 4-Digit Zip Code: 6426
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,716

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 962,613
  • High Value: 1,112,981
  • Low Value: 812,244

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2019
  • First Open Lien Mortgage Loan Amount: $468,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $762,738
  • Market Land Value: $331,475
  • Market Improvement Value: $431,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $684,100
  • Assessed Land Value: $297,300
  • Assessed Improvements Value: $386,800

    Sales

  • Current Sale Contract Date: Apr 10, 2019
  • Current Sale Recording Date: Apr 16, 2019
  • Current Sale Transaction ID: 11602064754
  • Current Sale Price: $520,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019018464

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 16, 2019
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Morris



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Frequently Asked Questions

What neighborhood is 11 Laura Lane located in?
The 11 Laura Lane is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 11 Laura Lane?
The average sales price for units in 11 Laura Lane is $0 currently.

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