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33 Olyphant Drive

33 Olyphant Drive, Morristown, NJ 07960
Property in Morris
Sold Dec 18, 2014
$500,000
$60,000 by Pnc Mortgage Llc
Mortgage Due Jan 01, 2045
Sold Dec 30, 2011
$440,000
$240,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2042
33 Olyphant Drive has been categorized by the local assessors in Morristown, NJ as a residential type of property. The building on the property was first built in 1876 and is 148 years old. The building has a total of 3 stories. In addition, 33 Olyphant Drive has 3,067 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,998 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 33 Olyphant Drive sold most recently in Dec 13, 2014 for a total of $500,000. If you work out the math, that's approximately a cost of $163.03 per sqft. Before that, the property was also sold for $440,000 in Dec 19, 2011. 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 $10,979 in taxes each year. 33 Olyphant Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $377,800. If we break it down further, the land itself was valued at $161,400. Improvements to the property, however, were assessed at a total of $216,400. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1876
  • Effective Year Built: 1876
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,067
  • Building Area: 3,067
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,067
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WENZEL RAYMOND A
  • Current Owner 2: WENZEL CAROLYN M
  • Previous Owner : VASSALLO MARIE FABIENNE
  • Owner Before Previous Owner: GUPTA RAJENDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043601

Zoning

  • Zoning: R-3

Geography

  • District: 24
  • Parcel: 24 01901-0000-00027
  • Block: 1901
  • Lot: 27
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.7987
  • Longitude: -74.4709

    Address

  • Full Address: 33 Olyphant Dr
  • Address - House Number: 33
  • Address - Street Name: Olyphant
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C032
  • 4-Digit Zip Code: 4224
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,979

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 967,682
  • High Value: 1,165,890
  • Low Value: 769,474

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 18, 2014
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $483,367
  • Market Land Value: $206,499
  • Market Improvement Value: $276,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,800
  • Assessed Land Value: $161,400
  • Assessed Improvements Value: $216,400

    Sales

  • Current Sale Contract Date: Dec 13, 2014
  • Current Sale Recording Date: Dec 18, 2014
  • Current Sale Transaction ID: 1165580343
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014068210
  • Previous Sale Recording Date: Dec 30, 2011
  • Previous Sale Contract Date: Dec 19, 2011
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 18, 2014
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: SBA Participation Trust Deed
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 30, 2011
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2042

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Frequently Asked Questions

What neighborhood is 33 Olyphant Drive located in?
The 33 Olyphant Drive is a located in the neighborhood of Morris in Morristown, Morristown.
What is the average sales price for listings in 33 Olyphant Drive?
The average sales price for units in 33 Olyphant Drive is $0 currently.

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