NOT LISTED FOR SALE

124 Ormont Rd Chatham, NJ 07928

Estimated Value: $1,452,000 - $2,172,116

7 Beds
6 Baths
5,450 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,209,000 $222 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,425/month

84 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Attached Garage
  • Central Air
  • Chatham High School Rated A+
  • Living Room
  • Dining Room

About This Home

As of November 2020

Discover pure luxury in this gorgeous 7 Bedroom / 6 Bathroom new construction Colonial home located in highly sought after Chatham. Stretching across roughly 5,450 SqFt, this home features the finest finishes including hardwood floors throughout, multi-zone heating / cooling, custom lighting, two car garage, finished basement, and nearly half an acre of land. First floor features entry foyer, stunning Chef's kitchen, living room with walkout deck, dining room, two bedrooms, two full bathrooms, and garage entrance with oversized mudroom. Travel to your second floor where you'll find a beautiful Master suite with two walk-in closets, walkout terrace, and ensuite bathroom with gorgeous shower and soaking tub, three spacious bedrooms, two full bathrooms, and laundry room. Basement includes rec room, bedroom, family room, ample storage space, and sliders to your backyard. Chatham features easy access to NYC via train or bus, award winning schools, and plenty of shopping / restaurants.

Last Agent to Sell the Property

Allen Ten Hoeve

KELLER WILLIAMS VALLEY REALTY License #1542706 Listed on: 06/25/2020

KELLER WILLIAMS VALLEY REALTY

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,572

Lot Details

  • 0.46

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Legal Lot and Block 37 / 23
  • Assessor Parcel Number 2323

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,572

Lot Details

0

Listing Details

  • Class: ONE FAMILY
  • Type: One Family
  • Building Style: Colonial
  • Exclusions: Personal Property
  • Inclusions: All Appliances and Light Fixtures
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 2323
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 7
  • Total Dining Rooms: 1
  • Total Living Rooms: 10
  • Basement Kitchens: 1
  • Basement Living Rooms: 1
  • First Floor Bedrooms: 3
  • Floor 1 Dining Rooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Half Bathrooms: 1
  • Floor1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Second Floor Bedrooms: 4
  • Floor2 Kitchens: 4
  • Floor 2 Living Rooms: 3
  • Floor 3 Dining Rooms: 2
  • Floor 4 Dining Rooms: 1
  • Floor 4 Full Bathrooms: 1
  • Floor 4 Half Bathrooms: 2
  • Floor4 Kitchens: 1
  • Floor4 Other: 6
  • Floor 4 Total Bathrooms: 1
  • Price Per Sq Ft: 221.83
  • Estimated Sq Ft: 5450

Exterior Features

  • Exterior Finish: Aluminum/Vinyl

Garage/Parking

  • Parking Available: 2 Cars, 3+ Cars, Attached, Covered, Garage

Utilities

  • Heating/Cooling: A/C Central, Gas, Hot Air, Other-See Remarks

Lot Info

  • Geo Address Line: 124 Ormont Rd
  • Geo Primary City: Chatham
  • Geo Quality: 0.95
  • Geo Update Timestamp: 06/26/2020
  • Geo Zoom Level: 16
  • Lot: 37
  • Lot Size: 0.463 Acres

Tax Info

  • Taxes: 11572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Nov 6, 2020
Sold by
Glendale Ridge Development Llc
Bought by
Scibetta Brian P and Riazi Shadi
Seller's Agent
Allen Ten Hoeve
KELLER WILLIAMS VALLEY REALTY
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$1,299,000
Sold Price
$1,209,000
Premium/Discount to List
-$90,000
-6.93%
Current Estimated Value
$1,793,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,871
Avg. Annual Appreciation
8.62%
Original Mortgage
$967,200
Outstanding Balance
$870,432
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$923,439

Purchase Details

Listed on
Jan 21, 2019
Closed on
May 17, 2019
Sold by
Lee Ellyn and The Estate Of Jane P Lee
Bought by
Glendale Ridge Development Llc
Seller's Agent
EILEEN SERGENT
COLDWELL BANKER REALTY
Buyer's Agent
EILEEN SERGENT
COLDWELL BANKER REALTY
List Price
$679,000
Sold Price
$635,000
Premium/Discount to List
-$44,000
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.39%
Original Mortgage
$893,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2012
Sold by
Lee Edward S and Lee Jane P
Bought by
Lee Jane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2004
Sold by
Lee John
Bought by
Lee Edward and Lee Jane
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Scibetta Brian P $1,209,000 Fortune Title Agency Inc
Scibetta Brian P $1,209,000 Fortune Title
Glendale Ridge Development Llc $635,000 None Available
Lee Jane P -- Chicago Title Insurance Comp
Lee Edward $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scibetta Brian P $967,200
Closed Scibetta Brian P $967,200
Previous Owner Glendale Ridge Development Llc $893,000
Previous Owner Lee Edward S $257,000
Previous Owner Lee Edward S $275,000
Previous Owner Lee Edward S $100,000
Previous Owner Lee Chung $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $1,209,000 +0.8% $222 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $1,199,999 -7.6% $220 / Sq Ft
06/25/2020 06/25/20 For Sale $1,299,000 +104.6% $238 / Sq Ft
06/05/2019 06/05/19 Sold $635,000 -6.5% $357 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $679,000 -- $382 / Sq Ft
Source: Hudson County 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 $22,860 $1,168,700 $424,000 $744,700
2023 $22,860 $1,168,700 $424,000 $744,700
2022 $22,507 $1,168,700 $424,000 $744,700
2021 $22,507 $1,168,700 $424,000 $744,700
2020 $11,816 $624,200 $424,000 $200,200
2019 $11,573 $624,200 $424,000 $200,200
2018 $11,442 $624,200 $424,000 $200,200
2017 $11,154 $624,200 $424,000 $200,200
2016 $10,980 $624,200 $424,000 $200,200
2015 $10,936 $624,200 $424,000 $200,200
2014 $10,849 $624,200 $424,000 $200,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 202012005

Hudson County MLS

APN: 05-00023-0000-00037