NOT LISTED FOR SALE

25 Cedar Ln Chatham, NJ 07928

Estimated Value: $873,000 - $1,218,000

5 Beds
4.5 Baths
1,256 Sq Ft
$858/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $650,000 $518 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,681/month

28 Days on Market

Highlights

  • Spa
  • Custom Home
  • Recreation Room
  • Chatham High School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of November 2021

Best Value in Chatham-Great Opportunity to own this 5 BR, 4 full & 1 half baths. Includes an In-law suite w/separate entry, bedroom, kitchenette, full bath & laundry. Welcoming living room w/HW floor Gas FP. Large eat-in kitchen w/center island, granite counters, SS appliances & custom cabinetry. Adjoining DR offers access to a deck, spa tub & yard. A den & full bath completes the 1st fl. On the 2nd level you will find a spacious MB w/luxury bath & 2 walk in closets; 3 additional BRs w/hall bath complete this level. The finished lower level offers rec space, laundry, storage & outside access. Other features include multi-zone cooling & heating, radiant fl. heating, rev. osmosis, Owned electric solar panels, metal roof, generator, SunSetter awning, 1 car gar. Close to MTD train, schools, restaurants & shops!

Last Agent to Sell the Property

MARLENE VEGTER

WEICHERT REALTORS Listed on: 08/19/2021

Last Buyer's Agent

MARLENE VEGTER

WEICHERT REALTORS Listed on: 08/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,242

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Metal Roof
  • Vinyl Siding
  • Tile

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Front Basement Entry

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Spa
  • Deck
  • Storage Shed

Schools

  • Chatham High School

Utilities

  • Zoned Heating and Cooling
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Underground Utilities
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2305-00056-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,242

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Custom Home, Cape Cod
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1946
  • Year Built Description: Approximate, Renovated
  • County Name: Morris
  • Exclusions: lower level washer/dryer, piano
  • Handicap Modified: Yes
  • Renovated Year: 2015
  • Street Number Display: 25
  • Directions: River Rd to Fairmount Ave to Cedar Lane
  • I D: 5097518
  • Modified: 2022-11-02
  • Number Images: 25
  • First Name: MARLENE
  • First Name3: MARLENE
  • Last Name: VEGTER
  • Last Name3: VEGTER
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Generator-Built-In, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Water Softener-Own
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Hot Tub, JacuzTyp, Security System, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 12
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Exercise Room, GarEnter, Powder Room, Rec Room, Storage Room, Utility Room, Walkout
  • Dining Room Level: First
  • Den Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath, Kitchen, SepEnter
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 11x17
  • Kitchen Level: First
  • Living Room Dim: 15x11
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 12x11
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 14x16
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 20x9
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 9x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-377-4460

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Hot Tub, Storage Shed, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle, Metal

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Attic Fan, Ceiling Fan, Ductless Split AC, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Heat Pump, Multi-Zone, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water

Schools

  • High School: Chatham
  • High School: Chatham

Lot Info

  • Lot Size: 50X125
  • Assessed Improvement Value: 264500
  • Assessed Land Value: 329400
  • Assessment: 593900
  • Easement: Unknown
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11242
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00056-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.893
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 26, 2021
Sold by
William Toneatti Stephen and William Myra D
Bought by
Raval Sunil and Raval Dhruti
Seller's Agent
MARLENE VEGTER
WEICHERT REALTORS
Buyer's Agent
MARLENE VEGTER
WEICHERT REALTORS
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$1,043,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,425
Avg. Annual Appreciation
12.19%
Original Mortgage
$370,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Cole Myra D
Bought by
Cole Myra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Balsamo Thomas S and Balsamo Catherine B
Bought by
Cole Myra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
7.05%
Source: Public Records

Range of Values:

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Average Value
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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
Raval Sunil $650,000 Fidelity National Title
Cole Myra D -- First Express Title Agency L
Cole Myra D $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raval Sunil $370,000
Previous Owner Cole Myra D $50,000
Previous Owner Cole Myra D $325,000
Previous Owner Cole Myra D $191,000
Previous Owner Cole Myra D $205,000
Previous Owner Cole Myra D $243,750
Previous Owner Cole Myra D $171,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $650,000 -7.0% $518 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $699,000 -- $557 / 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 $11,617 $593,900 $329,400 $264,500
2023 $11,617 $593,900 $329,400 $264,500
2022 $10,064 $593,900 $329,400 $264,500
2021 $10,064 $593,900 $329,400 $264,500
2020 $11,243 $593,900 $329,400 $264,500
2019 $10,838 $584,600 $329,400 $255,200
2018 $7,878 $429,800 $329,400 $100,400
2017 $7,681 $429,800 $329,400 $100,400
2016 $7,560 $429,800 $329,400 $100,400
2015 $7,530 $429,800 $329,400 $100,400
2014 $7,470 $429,800 $329,400 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3735636

Garden State MLS

APN: 05-00056-0000-00003