NOT LISTED FOR SALE

268 Fairmount Ave Chatham, NJ 07928

Estimated Value: $2,380,000 - $3,474,000

7 Beds
7 Baths
4,415 Sq Ft
$651/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $2,399,000 $543 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,191/month

About This Home

New construction home to be built on prestigious "Mansion Row" in Chatham Borough. 7 bedrooms, 6 1/2 bath colonial with all the luxuries and conveniences buyers are looking for. Top of the line appliances, custom trim work throughout & fabulous floor plan. All bedrooms with en-suites, first floor office/bedroom, lower level rec room, gym, bedroom and full bath. The walk out basement will lead to a lovely yard perfect for entertaining and play. Photo is of builders past project. Home will be very similar.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
May 23, 2022
Sold by
Innovative Construction And Design Limit
Bought by
Maurer Living Trust
Seller's Agent
KAREN TORRENTE
COLDWELL BANKER REALTY
Buyer's Agent
KATHLEEN FRIDAY
PROMINENT PROPERTIES SIR
List Price
$2,399,000
Sold Price
$2,399,000
Current Estimated Value
$2,872,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,163
Avg. Annual Appreciation
5.23%
Original Mortgage
$675,000
Outstanding Balance
$641,350
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$2,230,813

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 2, 2021
Sold by
Johnson Carolie W
Bought by
Innovative Construction And Design Llc
Seller's Agent
TRACEY STAGAARD
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
KAREN TORRENTE
COLDWELL BANKER REALTY
List Price
$940,000
Sold Price
$960,000
Premium/Discount to List
$20,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.08%
Original Mortgage
$1,445,481
Interest Rate
2.96%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2019
Sold by
Johnson Carolie W and Estate Of Carolie P Wildrick
Bought by
Johnson Carolie W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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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
Maurer Living Trust $2,399,000 Westcor Land Title
Innovative Construction And Design Llc $960,000 Chicago Title Insurance Co
Innovative Const & Design Llc $960,000 Chicago Title
Johnson Carolie W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maurer Living Trust $675,000
Previous Owner Innovative Const & Design Llc $1,445,481
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $2,399,000 0.0% -- View Prior Sale
02/13/2022 02/13/22 For Sale $2,399,000 0.0% --
02/10/2022 02/10/22 Pending -- -- --
09/20/2021 09/20/21 Off Market $2,399,000 -- --
07/02/2021 07/02/21 For Sale $2,399,000 +149.9% --
06/07/2021 06/07/21 Sold $960,000 +2.1% -- View Prior Sale
05/14/2021 05/14/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $940,000 -- --

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 $36,811 $2,273,700 $644,600 $1,629,100
2024 $35,333 $2,273,700 $644,600 $1,629,100
2023 $35,333 $2,273,700 $644,600 $1,629,100
2022 $13,536 $633,400 $633,400 $0
2021 $13,536 $633,400 $633,400 $0
2020 $13,422 $633,400 $633,400 $0
2019 $13,327 $633,400 $633,400 $0
2018 $12,953 $633,400 $633,400 $0
2017 $12,579 $633,400 $633,400 $0
2016 $12,250 $633,400 $633,400 $0
2015 $12,104 $633,400 $633,400 $0
2014 $12,016 $633,400 $633,400 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    KAREN TORRENTE

    COLDWELL BANKER REALTY

  • K

    Buyer's Agent in 2022

    KATHLEEN FRIDAY

    PROMINENT PROPERTIES SIR

  • T

    Seller's Agent in 2021

    TRACEY STAGAARD

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

New Jersey Morris County Chatham 07928

268 Fairmount Ave, Chatham, NJ

Not Listed for Sale

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