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21 Spencer Drive

21 Spencer Drive, Morristown, NJ 07960
Property in Morris
Sold Nov 16, 2012
$12,000,000
$600,000 by Bank Of America Na
Mortgage Due Dec 01, 2042
Sold Feb 06, 2004
$1,261,183
21 Spencer Drive in Morristown, NJ was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 21 Spencer Drive has 5,129 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 2,513 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 30,618 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 782 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 24, 2012 for $12,000,000. That's $2,339.64 per sqft. Prior to that sales transaction, the property was also sold in Jan 27, 2004 for $1,261,183. 21 Spencer Drive was last assessed in 2023. The total value of the property was assessed at $1,063,300. Specifically, the land the property is located on was valued at $315,200. While improvements on the property were assessed at a total of $748,100. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $21,319. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,513
  • Garage Type: Mixed use
  • Garage Square Area: 782
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,618
  • Total Building Area: 5,129
  • Building Area: 5,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,129
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.703
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ABBOUD CHRISTIAN E
  • Current Owner 2: TRANFA-ABBOUD JOSEFINA
  • Previous Owner : KATZ TATIANA
  • Previous Owner 2: KATZ ABRAM
  • Owner Before Previous Owner: SPENCER ESTATES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043402

Zoning

  • Zoning: RA35

Geography

  • District: 22
  • Parcel: 22 02808-0000-00003
  • Block: 2808
  • Lot: 3
  • Municipality: MORRIS TWP
  • Latitude: 40.8078
  • Longitude: -74.51

    Address

  • Full Address: 21 Spencer Dr
  • Address - House Number: 21
  • Address - Street Name: Spencer
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C039
  • 4-Digit Zip Code: 3539
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,319

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,592,247
  • High Value: 1,837,725
  • Low Value: 1,346,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 16, 2012
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Dec 01, 2042

    Market Valuation

  • Market Total Value: $1,185,528
  • Market Land Value: $351,433
  • Market Improvement Value: $834,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,063,300
  • Assessed Land Value: $315,200
  • Assessed Improvements Value: $748,100

    Sales

  • Current Sale Contract Date: Oct 24, 2012
  • Current Sale Recording Date: Nov 16, 2012
  • Current Sale Transaction ID: 1165574743
  • Current Sale Price: $12,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012089479
  • Previous Sale Recording Date: Feb 06, 2004
  • Previous Sale Contract Date: Jan 27, 2004
  • Previous Sale Amount: $1,261,183
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 16, 2012
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

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Frequently Asked Questions

What neighborhood is 21 Spencer Drive located in?
The 21 Spencer Drive is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 21 Spencer Drive?
The average sales price for units in 21 Spencer Drive is $0 currently.

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