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15 Bailey Hollow Road

15 Bailey Hollow Road, Morristown, NJ 07960
Property in Morris
Sold Mar 01, 2023
$950,000
$250,000 by Pennymac Loan Services Llc
Mortgage Due Mar 01, 2053
Sold Feb 09, 2018
$505,000
$603,201 by Homebridge Financial Services
Mortgage Due Jan 01, 2048
15 Bailey Hollow Road in Morristown, NJ was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 15 Bailey Hollow Road has 3,029 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 65,340 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). For those who need parking, there is a garage underground or in the basement. The garage is 624 sqft. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing baseboard heaters. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15 Bailey Hollow Road was last sold in Feb 16, 2023 for $950,000. According to our calculations, that's $313.63 per sqft. Prior to that sales transaction, the property was sold for $505,000 in Oct 25, 2017. Current property owners are expected to pay $14,771 in taxes per year. The property on 15 Bailey Hollow Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $736,700. To break that down further, the land itself was valued at $293,600. While improvements to the property were assessed at a total of $443,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

Contemporary

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Contemporary
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,092
  • Garage Type: Underground/basement
  • Garage Square Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 3,029
  • Building Area: 3,029
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 3,029
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TSOUTSOURIS WOLFGANG DEMETRIUS
  • Current Owner 2: TSOUTSOURIS TAMARA SUSAN
  • Previous Owner : ABBOTT MARK
  • Previous Owner 2: ABBOTT TRACY
  • Owner Before Previous Owner: WILMINGTON SAVINGS FUND SOCIETY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043402

Zoning

  • Zoning: RA35

Geography

  • District: 22
  • Parcel: 22 04901-0000-00010
  • Block: 4901
  • Lot: 10
  • Municipality: MORRIS TWP
  • Latitude: 40.7709
  • Longitude: -74.5103

    Address

  • Full Address: 15 Bailey Hollow Rd
  • Address - House Number: 15
  • Address - Street Name: Bailey Hollow
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C026
  • 4-Digit Zip Code: 6204
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,771

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,040,294
  • High Value: 1,200,676
  • Low Value: 879,911

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $821,385
  • Market Land Value: $327,350
  • Market Improvement Value: $494,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736,700
  • Assessed Land Value: $293,600
  • Assessed Improvements Value: $443,100

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Transaction ID: 11903137926
  • Current Sale Price: $950,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7298
  • Previous Sale Recording Date: Feb 09, 2018
  • Previous Sale Contract Date: Oct 25, 2017
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Mar 01, 2023
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Feb 09, 2018
  • Previous Mortgage Loan Amount: $603,201
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Morris



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Unit for rent at 60 Elm St, Morristown Town, NJ, 07960

$1,900 /mo

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60 Elm St #B, Morristown Town, NJ, 07960 Listing by CHRISTOPHER L. BRUSCINO

Frequently Asked Questions

What neighborhood is 15 Bailey Hollow Road located in?
The 15 Bailey Hollow Road is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 15 Bailey Hollow Road?
The average sales price for units in 15 Bailey Hollow Road is $0 currently.

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