NOT LISTED FOR SALE

261 Riveredge Dr Unit 461 Chatham, NJ 07928

Estimated Value: $445,936 - $484,000

1 Bed
1 Bath
883 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $435,000 $493 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,814/month

11 Days on Market

About This Home

As of June 2024

This home is located at 261 Riveredge Dr Unit 461, Chatham, NJ 07928 since 29 April 2024 and is currently estimated at $458,734, approximately $519 per square foot. 261 Riveredge Dr Unit 461 is a home located in Morris County with nearby schools including Chatham High School, Kent Place School, and Oratory Preparatory School.

Last Agent to Sell the Property

Amy Spelker

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444 Listed on: 04/29/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Karol Dobaczewski

KELLER WILLIAMS INTEGRITY

KELLER WILLIAMS INTEGRITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,577

Lot Details

  • 523

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,577

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 261
  • I D: 5276758
  • Modified: 2025-06-29
  • Number Images: 1
  • Attribution Contact: 973-377-4444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 0.0000 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 5, 2024
Sold by
Dean Shannon and Farrell Cortney
Bought by
Mcgee Kenneth M
Seller's Agent
Amy Spelker
COLDWELL BANKER REALTY
Buyer's Agent
Karol Dobaczewski
KELLER WILLIAMS INTEGRITY
List Price
$399,000
Sold Price
$435,000
Premium/Discount to List
$36,000
9.02%
Views
59
Current Estimated Value
$458,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,734
Avg. Annual Appreciation
4.20%
Original Mortgage
$449,355
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 30, 2016
Sold by
Gardner Christopher M
Bought by
Dean Shannon
Seller's Agent
ELIZABETH DEMAREE
KELLER WILLIAMS REALTY
Buyer's Agent
JENNIFER NIELSEN
KL SOTHEBY'S INT'L. REALTY
List Price
$262,000
Sold Price
$265,000
Premium/Discount to List
$3,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$251,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Pappas Christopher and Fiallo Amparito
Bought by
Gardner Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2003
Sold by
Morris Joseph
Bought by
Pappas Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.88%

Purchase Details

Closed on
May 14, 2001
Sold by
Ciampa Frank
Bought by
Morris Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Mcgee Kenneth M $435,000 Fidelity National Title
Mcgee Kenneth M $435,000 Fidelity National Title
Dean Shannon $265,000 Chicago Title Insurance Co
Gardner Christopher M $250,000 Multiple
Pappas Christopher $247,500 --
Morris Joe $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgee Kenneth M $449,355
Previous Owner Dean Shannon $251,750
Previous Owner Gardner Christopher M $245,471
Previous Owner Pappas Christopher $75,000
Previous Owner Morris Joe $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $435,000 +9.0% $493 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $399,000 +50.6% $452 / Sq Ft
12/30/2016 12/30/16 Sold $265,000 +1.1% $300 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $262,000 -- $297 / 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 $4,577 $230,100 $150,000 $80,100
2024 $4,501 $230,100 $150,000 $80,100
2023 $4,501 $230,100 $150,000 $80,100
2022 $4,443 $230,100 $150,000 $80,100
2021 $4,443 $230,100 $150,000 $80,100
2020 $4,356 $230,100 $150,000 $80,100
2019 $4,266 $230,100 $150,000 $80,100
2018 $4,218 $230,100 $150,000 $80,100
2017 $4,112 $230,100 $150,000 $80,100
2016 $4,047 $230,100 $150,000 $80,100
2015 $4,031 $230,100 $150,000 $80,100
2014 $3,999 $230,100 $150,000 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Amy Spelker

    Seller's Agent in 2024

    Amy Spelker

    COLDWELL BANKER REALTY

    (201) 602-1132

    10 in this area

    83 Total Sales

    Amy Spelker
    Section Image
  • Karol Dobaczewski

    Buyer's Agent in 2024

    Karol Dobaczewski

    KELLER WILLIAMS INTEGRITY

    (973) 896-7799

    1 in this area

    27 Total Sales

    Karol Dobaczewski
    Section Image

  • E

    Seller's Agent in 2016

    ELIZABETH DEMAREE

    KELLER WILLIAMS REALTY

  • J

    Buyer's Agent in 2016

    JENNIFER NIELSEN

    KL SOTHEBY'S INT'L. REALTY

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Map

Source: Garden State MLS

MLS Number: 3898875

Garden State MLS

APN: 05-00064-04-00026-01

New Jersey Morris County Chatham 07928

261 Riveredge Dr Unit 461, Chatham, NJ

This home is located at 261 Riveredge Dr Unit 461, Chatham, NJ 07928 since 29 April 2024 and is currently estimated at $458,734, approximately $519 per square foot. 261 Riveredge Dr Unit 461 is a home located in Morris County with nearby schools including Chatham High School, Kent Place School, and Oratory Preparatory School.

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