NOT LISTED FOR SALE

172 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,391,000 - $1,470,000

3 Beds
2 Baths
-- Sq Ft
0.42 Acres

Last Sold February 13, 2024

Last sale price $1,250,000

Est. 15% increase in value since last sale

Current estimated payment $8,965/month

19 Days on Market

About This Home

As of February 2024

This home is located at 172 Fairmount Ave, Chatham, NJ 07928 since 04 January 2024 and is currently estimated at $1,432,423. This property was built in 1951. 172 Fairmount Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

Last Agent to Sell the Property

ANTHONY NELSON

COLDWELL BANKER REALTY RDG Brokerage Phone: 201-445-9400 Listed on: 01/04/2024

Last Buyer's Agent

Carrie Conte

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,005

Year Built

  • Built in 1951

Lot Details

  • 0.42 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,005

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • County Name: Morris
  • Street Number Display: 172
  • I D: 5261134
  • Modified: 2025-02-14
  • Number Images: 1
  • Attribution Contact: 201-445-9400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 100X183
  • Total Acres: 0.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 31, 2024
Sold by
Chalet Series Iv Trust
Bought by
Johnston Anne E and Lerner Kyle
Seller's Agent
ANTHONY NELSON
COLDWELL BANKER REALTY RDG
Buyer's Agent
Carrie Conte
COLDWELL BANKER REALTY
List Price
$989,000
Sold Price
$1,250,000
Premium/Discount to List
$261,000
26.39%
Views
120
Current Estimated Value
$1,432,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,423
Avg. Annual Appreciation
9.06%
Original Mortgage
$1,102,000
Outstanding Balance
$1,082,707
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$349,716

Purchase Details

Closed on
Sep 28, 2023
Sold by
County Of Morris Sheriff
Bought by
Chalet Series Iv Trust and Mtglq Investors Lp

Purchase Details

Closed on
Oct 17, 1997
Sold by
Webber Albert G and Webber Albert G
Bought by
Torppey William T and Torppey Donna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.62%
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
Johnston Anne E $1,250,000 None Listed On Document
Chalet Series Iv Trust $731,851 None Listed On Document
Chalet Series Iv Trust $731,851 None Listed On Document
Torppey William T $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Anne E $1,102,000
Previous Owner Torppey William T $250,000
Previous Owner Torppey William T $100,000
Previous Owner Torppey William T $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $1,250,000 +26.3% --
01/23/2024 01/23/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $989,900 +0.1% --
01/04/2024 01/04/24 For Sale $989,000 -- --
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 $16,005 $988,600 $598,100 $390,500
2024 $15,363 $988,600 $598,100 $390,500
2023 $15,363 $988,600 $598,100 $390,500
2022 $18,117 $847,800 $615,600 $232,200
2021 $18,117 $847,800 $615,600 $232,200
2020 $17,965 $847,800 $615,600 $232,200
2019 $17,838 $847,800 $615,600 $232,200
2018 $17,338 $847,800 $615,600 $232,200
2017 $16,837 $847,800 $615,600 $232,200
2016 $16,396 $847,800 $615,600 $232,200
2015 $16,201 $847,800 $615,600 $232,200
2014 $16,083 $847,800 $615,600 $232,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ANTHONY NELSON

    COLDWELL BANKER REALTY RDG

  • Carrie Conte

    Buyer's Agent in 2024

    Carrie Conte

    COLDWELL BANKER REALTY

    (973) 462-2901

    30 in this area

    53 Total Sales

    Carrie Conte
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Map

Source: Garden State MLS

MLS Number: 3880262

Garden State MLS

APN: 04-00097-0000-00009

New Jersey Morris County Chatham 07928

172 Fairmount Ave, Chatham, NJ

This home is located at 172 Fairmount Ave, Chatham, NJ 07928 since 04 January 2024 and is currently estimated at $1,432,423. This property was built in 1951. 172 Fairmount Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.

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