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24 Laura Lane

24 Laura Lane, Morristown, NJ 07960
Property in Morris
Sold Jul 07, 2008
$930,000
$650,000 by Merrill Lynch Credit Corp
Mortgage Due Jul 01, 2033
24 Laura Lane in Morristown, NJ was first built in 1982 and is 42 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 colonial style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 24 Laura Lane has 3,566 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. The basement is 1,760 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 34,848 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 828 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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 a heating system. 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. 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, 24 Laura Lane sold most recently in Jun 25, 2008 for a total of $930,000. If you work out the math, that's approximately a cost of $260.80 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 $18,751 in taxes each year. 24 Laura Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $935,200. If we break it down further, the land itself was valued at $357,700. Improvements to the property, however, were assessed at a total of $577,500. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,760
  • Garage Type: Mixed use
  • Garage Square Area: 828
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 3,566
  • Building Area: 3,566
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,566
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.8
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MUSTION JOHN M
  • Current Owner 2: MUSTION SUSAN G
  • Previous Owner : BEAUMONT PETER R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Morris Township School District
  • Census Tract: 043303

Zoning

  • Zoning: R35C

Geography

  • District: 22
  • Parcel: 22 07201-0000-00010
  • Block: 7201
  • Lot: 10
  • Municipality: MORRIS TWP
  • Latitude: 40.7686
  • Longitude: -74.4753

    Address

  • Full Address: 24 Laura Ln
  • Address - House Number: 24
  • Address - Street Name: Laura
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Morristown
  • Carrier Code: C036
  • 4-Digit Zip Code: 6425
  • Zip Code: 07960

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,751

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,297,783
  • High Value: 1,497,863
  • Low Value: 1,097,703

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $771,194
  • First Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jul 07, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $650,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2033
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 15, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $121,194
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 02, 2046

    Market Valuation

  • Market Total Value: $1,042,702
  • Market Land Value: $398,818
  • Market Improvement Value: $643,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,200
  • Assessed Land Value: $357,700
  • Assessed Improvements Value: $577,500

    Sales

  • Current Sale Contract Date: Jun 25, 2008
  • Current Sale Recording Date: Jul 07, 2008
  • Current Sale Transaction ID: 1192431584
  • Current Sale Price: $930,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2008050697

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: Jul 07, 2008
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Morris



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Frequently Asked Questions

What neighborhood is 24 Laura Lane located in?
The 24 Laura Lane is a located in the neighborhood of Morris in Morris, Morristown.
What is the average sales price for listings in 24 Laura Lane?
The average sales price for units in 24 Laura Lane is $0 currently.

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