NOT LISTED FOR SALE

23 Gates Ave Chatham, NJ 07928

Estimated Value: $1,405,000 - $1,704,000

4 Beds
3 Baths
2,981 Sq Ft
$521/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $1,100,000 $369 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,537/month

42 Days on Market

About This Home

As of October 2022

This home is located at 23 Gates Ave, Chatham, NJ 07928 since 24 June 2022 and is currently estimated at $1,553,246, approximately $521 per square foot. 23 Gates Ave is a home located in Morris County with nearby schools including Chatham High School, Chatham Day School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Christina McGeough

COLDWELL BANKER REALTY Brokerage Phone: 973-635-8200 Listed on: 06/24/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Christina McGeough

COLDWELL BANKER REALTY Brokerage Phone: 973-635-8200 Listed on: 06/24/2022

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 0.27 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Morris
  • I D: 5160978
  • Attribution Contact: 973-635-8200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.268 AC
  • Total Acres: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 23, 2022
Sold by
Raiola Robert A and Raiola Susan
Bought by
Han Tao and Cui Ying
Seller's Agent
Christina McGeough
COLDWELL BANKER REALTY
Buyer's Agent
Christina McGeough
COLDWELL BANKER REALTY
List Price
$1,245,000
Sold Price
$1,100,000
Premium/Discount to List
-$145,000
-11.65%
Current Estimated Value
$1,553,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,246
Avg. Annual Appreciation
11.31%
Original Mortgage
$880,000
Outstanding Balance
$844,866
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$708,380

Purchase Details

Closed on
Apr 19, 1996
Sold by
Bissell Eugene V and Bissell Joann S
Bought by
Raiola Robert A and Raiola Susan

Purchase Details

Closed on
Sep 20, 1993
Sold by
Ryan Michael
Bought by
Bissell Eugene and Bissell Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Han Tao $1,100,000 --
Han Tao $1,100,000 None Listed On Document
Raiola Robert A $400,000 --
Bissell Eugene $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Tao $880,000
Closed Han Tao $880,000
Previous Owner Bissell Eugene $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $1,100,000 0.0% $369 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/31/2022 07/31/22 Off Market $1,100,000 -- --
07/18/2022 07/18/22 Price Changed $1,195,000 -4.0% $401 / Sq Ft
06/24/2022 06/24/22 For Sale $1,245,000 -- $418 / 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 $17,945 $902,200 $526,800 $375,400
2024 $17,647 $902,200 $526,800 $375,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3791668

Garden State MLS

APN: 05-00108-0000-00027