NOT LISTED FOR SALE

231 Terrace Dr Chatham, NJ 07928

Estimated Value: $649,000 - $780,000

2 Beds
2 Baths
1,663 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $400,000 $241 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,915/month

23 Days on Market

Highlights

  • Private Pool
  • Deck
  • Tennis Courts
  • Chatham High School Rated A+
  • Recreation Room
  • Formal Dining Room

About This Home

As of August 2017

Fabulous 2 bedroom, 2 bath condo in desirable Sutton Woods. Features include hardwood floors, wood burning fireplace, wonderful natural light, open floor plan, stainless steel appliances & more! Close to everything! NYC train, shopping, restaurants & more. Complex offers, pool, tennis & paddle court. Priced to sell!!

Last Agent to Sell the Property

Gordon Crawford

KELLER WILLIAMS METROPOLITAN Listed on: 06/21/2017

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

Maren Dinsmore

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1993

Lot Details

  • 0.44

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Thermal Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Front Basement Entry

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2305-00064-0004-00009-0006-

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area, water fees

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,036

Year Built

Built in 1993

Lot Details

0

HOA Fees

$464 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • County Name: Morris
  • Directions: River Road to Mt. Vernon to Terrace Drive, #231 on left
  • I D: 4724254
  • Section Subdiv Development: Sutton Woods
  • First Name: GORDON
  • First Name3: MAREN
  • Last Name: CRAWFORD
  • Last Name3: DINSMORE
  • Office Phone: 973-867-1150
  • Office Phone3: 908-273-8808
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Rec Room, Utility Room
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Family Room Level: Second
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: Second
  • Living Room Dim: 24x15
  • Living Room Level: Second
  • Other Room 1: Rec Room
  • Other Room1 Dim: 31x12
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Family Room, Kitchen, Laundry Room, Dining Room, Living Room, Bath Main, Entrance Vestibule
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Thermal Windows/Doors, Storm Door(s), Curbs
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 464
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area, Water Fees

Schools

  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 0.440 AC
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: Residential

Rental Info

  • Application Fee: 1392
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7036
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00064-0004-00009-0006-
  • Tax Rate Amount: 1.759
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2017
Sold by
Paratori Tomasevic Orlando Luis
Bought by
South Pacific Investments Inc
Current Estimated Value
$719,418

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 16, 2017
Sold by
Kron Lindsey and Bernstein Lindsey
Bought by
Paratori Tomasevic Lorlando Luis
Seller's Agent
Gordon Crawford
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
List Price
$325,000
Sold Price
$400,000
Premium/Discount to List
$75,000
23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Lojewski Walter
Bought by
Bernstein Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.67%
Mortgage Type
New Conventional
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
South Pacific Investments Inc -- None Available
Paratori Tomasevic Lorlando Luis $400,000 Old Republic Natl Title Ins
Bernstein Lindsay $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernstein Lindsay $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $400,000 +23.1% $241 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $325,000 -- $195 / 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 $7,956 $400,000 $150,000 $250,000
2024 $7,824 $400,000 $150,000 $250,000
2023 $7,824 $400,000 $150,000 $250,000
2022 $7,724 $400,000 $150,000 $250,000
2021 $7,724 $400,000 $150,000 $250,000
2020 $7,572 $400,000 $150,000 $250,000
2019 $7,416 $400,000 $150,000 $250,000
2018 $7,332 $400,000 $150,000 $250,000
2017 $7,148 $400,000 $150,000 $250,000
2016 $7,036 $400,000 $150,000 $250,000
2015 $7,008 $400,000 $150,000 $250,000
2014 $6,952 $400,000 $150,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3398138

Garden State MLS

APN: 05-00064-04-00009-06