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54 Sedgefield Drive

54 Sedgefield Drive, Morris Plains, NJ 07950
Property in Morris
Sold Jun 25, 1997
$227,000
$105,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2030
54 Sedgefield Drive has been categorized by the local assessors in Morris Plains, NJ as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The building has a total of 2 stories. In addition, 54 Sedgefield Drive has 2,720 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 1,510 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,115 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, 54 Sedgefield Drive sold most recently in Jun 20, 1997 for a total of $227,000. If you work out the math, that's approximately a cost of $83.46 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 $15,803 in taxes each year. 54 Sedgefield Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $463,700. If we break it down further, the land itself was valued at $188,300. Improvements to the property, however, were assessed at a total of $275,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,115
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,720
  • Building Area: 2,720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.347
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 857 7

Ownership

  • Current Owner : PATERNO MATTHEW J
  • Current Owner 2: PATERNO CHRISTINE A
  • Previous Owner : PAHOUNTIS GEORGE
  • Previous Owner 2: PAHOUNTIS IRENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041604

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 59
  • Account Number: 10900220
  • District: 29
  • Parcel: 29 00183-0000-00008
  • Block: 183
  • Lot: 8
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8547
  • Longitude: -74.4614

    Address

  • Full Address: 54 Sedgefield Dr
  • Address - House Number: 54
  • Address - Street Name: Sedgefield
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morris Plains
  • Carrier Code: C008
  • 4-Digit Zip Code: 3069
  • Zip Code: 07950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,803

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 826,845
  • High Value: 956,005
  • Low Value: 697,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 08, 2015
  • First Open Lien Mortgage Loan Amount: $105,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Market Valuation

  • Market Total Value: $604,406
  • Market Land Value: $245,438
  • Market Improvement Value: $358,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $463,700
  • Assessed Land Value: $188,300
  • Assessed Improvements Value: $275,400

    Sales

  • Current Sale Contract Date: Jun 20, 1997
  • Current Sale Recording Date: Jun 25, 1997
  • Current Sale Transaction ID: 1192447509
  • Current Sale Price: $227,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 050535

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Jun 25, 1997
  • First Mortgage Loan Amount: $204,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2027

About Morris



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 106 Parsippany Rd, Parsippany-Troy Hills Twp., NJ, 07054

$4,800 /mo

  • 4 Beds
  • 2 Baths
106 Parsippany Rd, Parsippany-Troy Hills Twp., NJ, 07054 Listing by THOMAS MATHEW

Frequently Asked Questions

What neighborhood is 54 Sedgefield Drive located in?
The 54 Sedgefield Drive is a located in the neighborhood of Morris in Morris, Morris Plains.
What is the average sales price for listings in 54 Sedgefield Drive?
The average sales price for units in 54 Sedgefield Drive is $0 currently.

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