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22 Vail Place

22 Vail Place, Morristown, NJ 07960
Property in Morris
Sold May 21, 2007
$310,000
$167,475 by Security Atlantic Mortgage Com
Mortgage Due Apr 01, 2037
22 Vail Place 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 1916 and is 108 years old. The building has a total of 2 stories. In addition, 22 Vail Place has 1,215 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 680 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,402 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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, 22 Vail Place sold most recently in Mar 16, 2007 for a total of $310,000. If you work out the math, that's approximately a cost of $255.14 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 $6,376 in taxes each year. 22 Vail Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $219,400. If we break it down further, the land itself was valued at $143,400. Improvements to the property, however, were assessed at a total of $76,000. 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. 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. 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: 1916
  • Effective Year Built: 1916
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,402
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WORTMAN HOLLY
  • Current Owner 2: WORTMAN JAMES E
  • Previous Owner : WORTMAN JAMES
  • Previous Owner 2: WORTMAN ROSALIND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043500

Zoning

  • Zoning: RT

Geography

  • District: 24
  • Parcel: 24 03304-0000-00012
  • Block: 3304
  • Lot: 12
  • Municipality: MORRISTOWN TOWN
  • Latitude: 40.8047
  • Longitude: -74.4806

    Address

  • Full Address: 22 Vail Pl
  • Address - House Number: 22
  • Address - Street Name: Vail
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C062
  • 4-Digit Zip Code: 3926
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,376

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 462,378
  • High Value: 534,605
  • Low Value: 390,150

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,475
  • First Open Lien Mortgage Lender: SECURITY ATLANTIC MORTGAGE COM
  • First Open Lien Mortgage Recording Date: May 21, 2007
  • First Open Lien Mortgage Loan Amount: $167,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Market Valuation

  • Market Total Value: $280,706
  • Market Land Value: $183,470
  • Market Improvement Value: $97,236

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,400
  • Assessed Land Value: $143,400
  • Assessed Improvements Value: $76,000

    Sales

  • Current Sale Contract Date: Mar 16, 2007
  • Current Sale Recording Date: May 21, 2007
  • Current Sale Transaction ID: 1192435054
  • Current Sale Price: $310,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2007046203

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY ATLANTIC MORTGAGE COM
  • First Mortgage Transaction Date: May 21, 2007
  • First Mortgage Loan Amount: $167,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2037

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Frequently Asked Questions

What neighborhood is 22 Vail Place located in?
The 22 Vail Place is a located in the neighborhood of Morris in Morristown, Morristown.
What is the average sales price for listings in 22 Vail Place?
The average sales price for units in 22 Vail Place is $0 currently.

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