NOT LISTED FOR SALE

198 Watchung Ave Chatham, NJ 07928

Estimated Value: $825,000 - $1,156,000

3 Beds
2 Baths
1,476 Sq Ft
$719/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $860,000 $583 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,375/month

13 Days on Market

About This Home

As of May 2023

This home is located at 198 Watchung Ave, Chatham, NJ 07928 since 21 March 2023 and is currently estimated at $1,060,808, approximately $718 per square foot. This property was built in 1937. 198 Watchung 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

Debbie Woerner

COLDWELL BANKER REALTY Brokerage Phone: 973-635-8200 Listed on: 03/21/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

DANMIN LIN

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,348

Year Built

  • Built in 1937

Lot Details

  • 0.28 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,348

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Morris
  • Street Number Display: 198
  • I D: 5206533
  • Modified: 2024-05-19
  • Number Images: 1
  • Attribution Contact: 973-635-8200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 78X154
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 16, 2023
Sold by
Lambrianakos John and Lambrianakos Mary
Bought by
Khabibov Anton and Yuan Jingjing
Seller's Agent
Debbie Woerner
COLDWELL BANKER REALTY
Buyer's Agent
DANMIN LIN
WEICHERT REALTORS
List Price
$750,000
Sold Price
$860,000
Premium/Discount to List
$110,000
14.67%
Views
203
Current Estimated Value
$1,189,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,716
Avg. Annual Appreciation
8.38%
Original Mortgage
$645,000
Outstanding Balance
$630,169
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$398,116

Purchase Details

Closed on
Aug 2, 2005
Sold by
Erickson Mark
Bought by
Lambrianakos John and Coyle Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Degiulo Frederick
Bought by
Erickson Mark and Erickson Toyia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Khabibov Anton $860,000 None Listed On Document
Lambrianakos John $620,000 --
Erickson Mark $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khabibov Anton $645,000
Previous Owner Lambrianakos John $363,000
Previous Owner Lambrianakos John $370,000
Previous Owner Erickson Mark $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $860,000 +14.7% $583 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $750,000 -- $508 / 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 $10,348 $665,900 $387,500 $278,400
2023 $10,348 $665,900 $387,500 $278,400
2022 $11,471 $536,800 $371,400 $165,400
2021 $11,471 $536,800 $371,400 $165,400
2020 $11,375 $536,800 $371,400 $165,400
2019 $11,294 $536,800 $371,400 $165,400
2018 $10,820 $529,100 $371,400 $157,700
2017 $10,508 $529,100 $371,400 $157,700
2016 $10,233 $529,100 $371,400 $157,700
2015 $10,111 $529,100 $371,400 $157,700
2014 $10,037 $529,100 $371,400 $157,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3834087

Garden State MLS

APN: 04-00018-0000-00002