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32 Olmstead Road

32 Olmstead Road, Morristown, NJ 07960
Property in Morris
Sold Aug 06, 1999
$415,000
Local assessors in Morristown, NJ have categorized 32 Olmstead Road as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 12,763 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 9 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 32 Olmstead Road has a total of 3,028 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. 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 396 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of slate. Lots of wood 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 forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 32 Olmstead Road sold most recently in Aug 2, 1999 for a total of $415,000. If you work out the math, that's approximately a cost of $137.05 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,127 in taxes each year. 32 Olmstead Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $704,600. If we break it down further, the land itself was valued at $274,700. Improvements to the property, however, were assessed at a total of $429,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,316
  • Garage Type: Attached
  • Garage Square Area: 396
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,763
  • Total Building Area: 3,028
  • Building Area: 3,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.293
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOLLAG JACQUELINE A
  • Previous Owner : BAUER LARRY R
  • Previous Owner 2: BAUER CAROL DIEHL

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043302

Zoning

  • Zoning: RA11

Geography

  • District: 22
  • Parcel: 22 08905-0000-00008
  • Block: 8905
  • Lot: 8
  • Municipality: MORRIS TWP
  • Latitude: 40.7945
  • Longitude: -74.4579

    Address

  • Full Address: 32 Olmstead Rd
  • Address - House Number: 32
  • Address - Street Name: Olmstead
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C005
  • 4-Digit Zip Code: 4509
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,127

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 1,001,121
  • High Value: 1,157,505
  • Low Value: 844,737

    Market Valuation

  • Market Total Value: $785,595
  • Market Land Value: $306,277
  • Market Improvement Value: $479,318

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $704,600
  • Assessed Land Value: $274,700
  • Assessed Improvements Value: $429,900

    Sales

  • Current Sale Contract Date: Aug 02, 1999
  • Current Sale Recording Date: Aug 06, 1999
  • Current Sale Transaction ID: 1131048788
  • Current Sale Price: $415,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 083902

    Last Sale Mortgage

  • First Mortgage Lender: PNC MTG CORP OF AMERICA
  • First Mortgage Transaction Date: Aug 06, 1999
  • First Mortgage Loan Amount: $332,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2029

About Morris



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Frequently Asked Questions

What neighborhood is 32 Olmstead Road located in?
The 32 Olmstead Road is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 32 Olmstead Road?
The average sales price for units in 32 Olmstead Road is $0 currently.

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