NOT LISTED FOR SALE

126 Terrace Dr Unit 126 Chatham, NJ 07928

Estimated Value: $529,000 - $603,000

1 Bed
1 Bath
1,161 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $435,600 $375 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,893/month

15 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wooded Lot
  • Chatham High School Rated A+
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2023

Welcome home to this spacious, well maintained town home located at sought-after Sutton Woods community. Living Room offers charming wood burning fireplace. Large, updated kitchen provides plenty of cabinet storage, newer stainless steel appliances (2021) and granite counters. Bright, appealing 2-story town home offers additional finished living space on the ground level, perfect for an additional guest bedroom, home office or relaxing media room. Enjoy the natural landscape from the rear deck. Resort-like living includes an Association IG Pool, Tennis Courts & Club House. Minutes to downtown Chatham & Summit trains. Nearby to the Short Hills Mall, & major roadways Rts. 24, 80, 78 & Garden State Parkway. Great value--this one won't last.

Last Agent to Sell the Property

Darlene Schror

REDFIN CORPORATION Brokerage Phone: 609-216-7035 Listed on: 12/15/2022

REDFIN CORPORATION

Last Buyer's Agent

TRACEY CASTELLANO

KELLER WILLIAMS REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Wooded Lot

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Tuck Under Garage
  • Inside Entrance
  • Garage Door Opener
  • Additional Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,161 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Southern Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2305-00064-0004-00002-0004-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection
  • $782 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,351

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1989
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Exclusions: Personal Belongings
  • Renovated Year: 2021
  • Street Number Display: 126
  • Directions: Passaic Avenue or River Road to Mount Vernon, Go right onto Terrace. Building #28.
  • I D: 5193930
  • Modified: 2024-02-25
  • Number Images: 23
  • Section Subdiv Development: Sutton Woods
  • First Name: DARLENE
  • First Name3: TRACEY
  • Last Name: SCHROR
  • Last Name3: CASTELLANO
  • Office Phone: 609-216-7035
  • Office Phone3: 908-273-2991
  • Attribution Contact: 609-216-7035
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Floor Number: 1
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, TubOnly, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 1
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Primary Bathroom Features: Stall Shower, Tub Only
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Partial, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Foyer, Kitchen, Laundry Room, Living Room, Utility Room
  • Estimated Sq Ft: 1161
  • Ground Level Rooms: Den, GarEnter, SeeRem, Walkout
  • Phone: 609-216-7035

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Tennis Courts, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Garage Under, InEntrnc
  • 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: Electric, Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 391
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 782

Schools

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

Lot Info

  • Lot Size: 0.297 AC
  • Assessed Improvement Value: 178900
  • Assessed Land Value: 150000
  • Assessment: 328900
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 2.04
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6351
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00064-0004-00002-0004-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.931
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 23, 2023
Sold by
Hyde Valerie C
Bought by
Hixson Carl and Hixson Allison
Seller's Agent
Darlene Schror
REDFIN CORPORATION
Buyer's Agent
TRACEY CASTELLANO
KELLER WILLIAMS REALTY
List Price
$428,600
Sold Price
$435,600
Premium/Discount to List
$7,000
1.63%
Views
85
Current Estimated Value
$555,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,072
Avg. Annual Appreciation
9.74%
Original Mortgage
$348,480
Outstanding Balance
$337,186
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$218,486

Purchase Details

Closed on
Mar 25, 2008
Sold by
Emerson Patricia T
Bought by
Hyde Valerie C

Purchase Details

Closed on
Oct 24, 2000
Sold by
Burke Leo H and Burke Beryle J
Bought by
Emerson Patricia T
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
Hixson Carl $435,600 --
Hyde Valerie C $350,000 Old Republic National Title
Emerson Patricia T $228,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hixson Carl $348,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $435,600 +1.6% $375 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $428,600 -- $369 / 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 $6,542 $328,900 $150,000 $178,900
2024 $6,433 $328,900 $150,000 $178,900
2023 $6,433 $328,900 $150,000 $178,900
2022 $5,796 $328,900 $150,000 $178,900
2021 $5,796 $328,900 $150,000 $178,900
2020 $6,226 $328,900 $150,000 $178,900
2019 $6,098 $328,900 $150,000 $178,900
2018 $6,029 $328,900 $150,000 $178,900
2017 $5,877 $328,900 $150,000 $178,900
2016 $5,785 $328,900 $150,000 $178,900
2015 $5,762 $328,900 $150,000 $178,900
2014 $5,716 $328,900 $150,000 $178,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3821362

Garden State MLS

APN: 05-00064-04-00002-04