$520,000
SOLD JUL 6, 2021

109 Terrace Dr Unit 109 Chatham, NJ 07928

2 Beds
2 Baths
1,400 Sq Ft
$462/mo HOA Fee

Recently Sold

$371 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Private Pool
  • Recreation Room
  • Tennis Courts
  • Chatham High School Rated A+
  • Main Floor Bedroom
  • Home Office

About This Home

As of July 2021

Don't miss this incredible opportunity to own a gracious, well maintained, townhouse in the desirable Sutton Woods community. The fabulous layout of the Dorset model offers a spacious kitchen, with an elegant adjacent dining room, ample living room w/ fireplace and private balcony providing the perfect entertainment flow. Master bedroom has a walk-in closet, brand new en suite w/ bathtub and separate shower area, a spacious 2nd bedroom, a fully renovated bath and laundry completes this level. The basement has a versatile spacious playroom/office, 2nd room w/ a full closet and a finished storage room w/ built in shelves, and access to the garage. Outside you will love swimming in the community pool and playing tennis. Chatham boasts top schools, easy access to major highways, and NJ transit direct to Midtown.

Last Agent to Sell the Property

MARIA H. DUNNE

KELLER WILLIAMS VILLAGE SQUARE Listed on: 04/29/2021

Last Buyer's Agent

MICHELLE ROBINSON

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,477

Year Built

  • Built in 1989

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Additional Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Private Pool

Schools

  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00064-0004-00003-0005-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,477

Year Built

Built in 1989

Lot Details

0

HOA Fees

$462 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, First Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 109
  • Directions: River rd to Mount Vernon turn left onto Terrace drive, building #20, unit 109. DO NOT USE GOOGLE MAPS.
  • I D: 5067535
  • Modified: 2022-07-07
  • Number Images: 24
  • Section Subdiv Development: Sutton Woods
  • First Name: MARIA H.
  • First Name3: MICHELLE M.
  • Last Name: DUNNE
  • Last Name3: ROBINSON
  • Office Phone3: 201-795-5200
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Laminate
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower, Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Den Level: Ground
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Level: Ground
  • Other Room 3: Rec Room
  • Other Room3 Level: Ground
  • Other Room 4: Utility Room
  • Other Room4 Level: Ground
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Foyer, Kitchen, Laundry Room, Living Room
  • Ground Level Rooms: GarEnter, Office, Rec Room, Storage Room, Utility Room
  • Phone: 201-445-4300

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 462
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Schools

  • High School: Chatham
  • High School: Chatham

Lot Info

  • Lot Size: 0.400 AC
  • Assessed Improvement Value: 245000
  • Assessed Land Value: 150000
  • Assessment: 395000
  • Easement: Unknown
  • Lot Identifier: 3.05
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.40

Rental Info

  • Application Fee: 285
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7477
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00064-0004-00003-0005-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.893
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Santiago Andrea L
Bought by
Donohue Mary
Current Estimated Value
$651,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Outstanding Balance
$511,301
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$139,816

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 28, 2021
Sold by
Demenezes Flavia Henriques and De Menezes Cassio
Bought by
Santiago Andrea L
Seller's Agent
MARIA H. DUNNE
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
MICHELLE ROBINSON
PROMINENT PROPERTIES SIR
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$476,190
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 19, 2019
Sold by
Robinson Heather
Bought by
Henriques Demenezes Flavia and Campello De Menezes Cassio
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
Susan Riesebeck
WEICHERT REALTORS
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$386,250
Interest Rate
3.73%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 14, 2018
Sold by
Gilmartin Erin M and Estate Of Anita C Gilmartin
Bought by
Robinson Heather
Seller's Agent
Tom Heyl
KELLER WILLIAMS REALTY
Buyer's Agent
Zander Oldendorp
COMPASS NEW JERSEY, LLC
List Price
$489,000
Sold Price
$511,000
Premium/Discount to List
$22,000
4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%

Purchase Details

Closed on
Jul 18, 2017
Sold by
Gilmartin Anita C and Estate Of James R Gilmartin
Bought by
Gilmartin Anita C

Purchase Details

Closed on
Sep 26, 2000
Sold by
Mckown Valona T
Bought by
Gilmartin Anita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,150
Interest Rate
7.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 1998
Sold by
Mckown James
Bought by
Mckown James and Mckown Valona T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $645,000 First American Title
Deed $520,000 Foundation Title Llc
Bargain Sale Deed $515,000 Old Republic Natl Ttl Ins Co
Deed $511,000 None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $379,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $516,000 New Conventional
Previous Owner $476,190 New Conventional
Previous Owner $386,250 Adjustable Rate Mortgage/ARM
Previous Owner $322,150 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $520,000 -1.0% $371 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $525,000 +1.9% $375 / Sq Ft
07/12/2019 07/12/19 Sold $515,000 -0.8% $368 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $519,000 -3.7% $371 / Sq Ft
04/03/2019 04/03/19 For Sale $539,000 +5.5% $385 / Sq Ft
02/19/2018 02/19/18 Sold $511,000 +4.5% $365 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $489,000 -- $349 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,726 $395,000 $150,000 $245,000
2023 $7,726 $395,000 $150,000 $245,000
2022 $7,627 $395,000 $150,000 $245,000
2021 $7,627 $395,000 $150,000 $245,000
2020 $7,477 $395,000 $150,000 $245,000
2019 $7,323 $395,000 $150,000 $245,000
2018 $7,240 $395,000 $150,000 $245,000
2017 $7,059 $395,000 $150,000 $245,000
2016 $6,948 $395,000 $150,000 $245,000
2015 $6,670 $395,000 $150,000 $245,000
2014 $6,615 $395,000 $150,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3708719

Garden State MLS

APN: 05-00064-04-00003-05