NOT LISTED FOR SALE

115 Terrace Dr Unit 115 Chatham, NJ 07928

Estimated Value: $581,000 - $704,000

2 Beds
2 Baths
1,367 Sq Ft
$386/mo HOA Fee

Last Sold March 29, 2019

Last sale price $439,000 $321 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,431/month

2 Days on Market

Highlights

  • Private Pool
  • Deck
  • Formal Dining Room
  • Chatham High School Rated A+
  • Main Floor Bedroom
  • 1 Car Direct Access Garage

About This Home

As of March 2019

FABULOUS 2 BEDROOM END UNIT CONDO IN SUTTON WOODS. If you are interested in a condo in Chatham Twp, this one is worth considering. This is a well maintained unit with neutral finishes throughout. Sutton Woods is a condo complex conveniently located near the downtowns, train stations, and amenities of Chatham, New Providence and Summit. With easy access to major highways, Rt 24, Rt 78 and Newark Airport, this is a prime location. The unit offers one main floor of living space with sunny rooms including an eat-in kitchen, dining room, living room and access to a private deck, PLUS a finished lower level and direct access to the attached garage. Chatham has top schools and excellent recreation activities. The community is well maintained with a pool, tennis courts and walking trails. Come take a look!

Last Agent to Sell the Property

Marianne Slamm

KELLER WILLIAMS REALTY Listed on: 02/06/2019

KELLER WILLIAMS REALTY

Last Buyer's Agent

ELAINE DONAHUE

BHHS - NEW JERSEY PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,240

Year Built

  • Built in 1989

Lot Details

  • 0.35

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Wall to Wall Carpet
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck
  • Porch

Schools

  • Southern Elementary School
  • Chatham Middle School
  • 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 2305-00064-0004-00003-0008-
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,240

Year Built

Built in 1989

Lot Details

0

HOA Fees

$386 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • County Name: Morris
  • Street Number Display: 115
  • Directions: River Rd to Mt Vernon to Terrace Drive. Unit is in Building #20.
  • I D: 4868822
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Sutton Woods
  • First Name: MARIANNE
  • First Name3: ELAINE
  • Last Name: SLAMM
  • Last Name3: DONAHUE
  • Office Phone: 908-273-2991
  • Office Phone3: 908-464-5200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • 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
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Utility Room
  • Other Room2 Level: Ground
  • Level 1 Rooms: Laundry Room, 2 Bedrooms, Living Room, Dining Room, Porch, Bath Main, Bath(s) Other, Kitchen
  • Ground Level Rooms: Utility Room, GarEnter, Family Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Tennis Courts, Deck, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Number Parking 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, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 386
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 0.351 AC
  • Assessed Improvement Value: 245000
  • Assessed Land Value: 150000
  • Assessment: 395000
  • Easement: Unknown
  • Lot Identifier: 3.8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.35

Rental Info

  • Application Fee: 975
  • Pets Allowed: Call, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7240
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00064-0004-00003-0008-
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Mar 29, 2019
Sold by
Jacobus Donald G
Bought by
Pucci John R and Pucci Rosemary A
Seller's Agent
Marianne Slamm
KELLER WILLIAMS REALTY
Buyer's Agent
ELAINE DONAHUE
BHHS - NEW JERSEY PROPERTIES
List Price
$425,000
Sold Price
$439,000
Premium/Discount to List
$14,000
3.29%
Current Estimated Value
$636,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,235
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Sep 18, 1997
Sold by
Reiling Mary L and Harmon Nancy Blood
Bought by
Jacobus Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.98%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Vaupel John
Bought by
Reiling Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pucci John R $439,000 Nrt Title Agency Llc
Jacobus Donald G $223,000 --
Reiling Mary $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobus Donald G $30,000
Previous Owner Jacobus Donald G $100,000
Previous Owner Jacobus Donald $165,000
Previous Owner Jacobus Donald $173,000
Previous Owner Jacobus Donald $185,000
Previous Owner Jacobus Donald G $250,000
Previous Owner Jacobus Donald G $190,500
Previous Owner Jacobus Donald G $178,000
Previous Owner Reiling Mary $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $439,000 +3.3% $321 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $425,000 -- $311 / 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
2025 $7,857 $395,000 $150,000 $245,000
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 $7,477 $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 $6,920 $395,000 $150,000 $245,000
2014 $6,865 $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: 3530225

Garden State MLS

APN: 05-00064-04-00003-08