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61 Averell Drive

61 Averell Drive, Morris Plains, NJ 07950
Property in Morris
Sold Jul 21, 2000
$295,000
Sold Sep 05, 1997
$222,500
$172,000 by Statewide Svgs Bank Sla
Mortgage Due Sep 30, 2027
Local assessors in Morris Plains, NJ have categorized 61 Averell Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 3,136 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 61 Averell Drive has a total of 1,928 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. 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, 61 Averell Drive sold most recently in Jun 20, 2000 for a total of $295,000. If you work out the math, that's approximately a cost of $153.01 per sqft. Before that, the property was also sold for $222,500 in Aug 28, 1997. 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 $11,373 in taxes each year. 61 Averell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $333,700. If we break it down further, the land itself was valued at $120,700. Improvements to the property, however, were assessed at a total of $213,000. 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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,136
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHIEH DING KUNG
  • Current Owner 2: CHIU LI LEE
  • Previous Owner : SHAH JITENDRA N
  • Previous Owner 2: SHAH NISHABEN J
  • Owner Before Previous Owner: DEPIANO ELBERINO
  • Owner Before Previous Owner 2: DEPIANO ANTOINETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041605

Zoning

  • Zoning: R1MR

Geography

  • Assessors Map Reference: TAX MAP 15
  • Account Number: 14800140
  • District: 29
  • Parcel: 29 00013- 3-00024
  • Block: 13.3
  • Lot: 24
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8382
  • Longitude: -74.4982

    Address

  • Full Address: 61 Averell Dr
  • Address - House Number: 61
  • Address - Street Name: Averell
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Morris Plains
  • Carrier Code: C018
  • 4-Digit Zip Code: 1961
  • Zip Code: 07950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,373

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 599,829
  • High Value: 693,528
  • Low Value: 506,131

    Market Valuation

  • Market Total Value: $434,958
  • Market Land Value: $157,325
  • Market Improvement Value: $277,633

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,700
  • Assessed Land Value: $120,700
  • Assessed Improvements Value: $213,000

    Sales

  • Current Sale Contract Date: Jun 20, 2000
  • Current Sale Recording Date: Jul 21, 2000
  • Current Sale Transaction ID: 1192444600
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2000-057943
  • Previous Sale Recording Date: Sep 05, 1997
  • Previous Sale Contract Date: Aug 28, 1997
  • Previous Sale Amount: $222,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SVGS BANK FSB
  • First Mortgage Transaction Date: Jul 21, 2000
  • First Mortgage Loan Amount: $218,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jul 24, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATEWIDE SVGS BANK SLA
  • Previous Mortgage Transaction Date: Sep 05, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 30, 2027

About Morris



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Frequently Asked Questions

What neighborhood is 61 Averell Drive located in?
The 61 Averell Drive is a located in the neighborhood of Morris in Morris, Morris Plains.
What is the average sales price for listings in 61 Averell Drive?
The average sales price for units in 61 Averell Drive is $0 currently.

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