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5 East Shawnee Trail

5 East Shawnee Trail, Wharton, NJ 07885
Property in Morris
Sold Aug 03, 2020
$300,000
$303,030 by Neighbors Bank
Mortgage Due Aug 01, 2050
Sold Feb 05, 2015
$124,900
$99,900 by Mld Mortgage Inc
Mortgage Due Feb 01, 2045
5 East Shawnee Trail has been categorized by the local assessors in Wharton, NJ as a residential type of property. The building on the property was first built in 1950 and is 74 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5 East Shawnee Trail has 1,600 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 1,160 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 6,055 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, 5 East Shawnee Trail sold most recently in Jul 17, 2020 for a total of $300,000. If you work out the math, that's approximately a cost of $187.50 per sqft. Before that, the property was also sold for $124,900 in Jan 15, 2015. 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 $8,430 in taxes each year. 5 East Shawnee Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $288,100. If we break it down further, the land itself was valued at $109,700. Improvements to the property, however, were assessed at a total of $178,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KING MORGAN
  • Current Owner 2: KING KATHERINE
  • Previous Owner : KOHL KEVIN
  • Previous Owner 2: KOHL NANCY
  • Owner Before Previous Owner: JONES RICHARD T
  • Owner Before Previous Owner 2: MURRAY KATHLEEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044702

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 44
  • Account Number: 03203150
  • District: 14
  • Parcel: 14 00292-0000-00002
  • Block: 292
  • Lot: 2
  • Municipality: JEFFERSON TWP
  • Latitude: 40.982
  • Longitude: -74.5902

    Address

  • Full Address: 5 E Shawnee Trl
  • Address - House Number: 5
  • Street Direction: E
  • Address - Street Name: Shawnee
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Wharton
  • Carrier Code: R023
  • 4-Digit Zip Code: 2933
  • Zip Code: 07885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,430

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 411,596
  • High Value: 487,378
  • Low Value: 335,815

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,030
  • First Open Lien Mortgage Lender: NEIGHBORS BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $303,030
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $313,254
  • Market Land Value: $119,278
  • Market Improvement Value: $193,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,100
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $178,400

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11780521325
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020049749
  • Previous Sale Recording Date: Feb 05, 2015
  • Previous Sale Contract Date: Jan 15, 2015
  • Previous Sale Amount: $124,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORS BANK
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $303,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MLD MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 05, 2015
  • Previous Mortgage Loan Amount: $99,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Morris



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Frequently Asked Questions

What neighborhood is 5 East Shawnee Trail located in?
The 5 East Shawnee Trail is a located in the neighborhood of Morris in Morris, Wharton.
What is the average sales price for listings in 5 East Shawnee Trail?
The average sales price for units in 5 East Shawnee Trail is $0 currently.

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