NOT LISTED FOR SALE

271 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,274,000 - $1,567,000

6 Beds
3 Baths
2,000 Sq Ft
$699/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $979,250 $490 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,443/month

7 Days on Market

Highlights

  • Sauna
  • Custom Home
  • Great Room with Fireplace
  • Chatham High School Rated A+
  • Deck
  • Wooded Lot

About This Home

As of January 2021

Offering scenic views & quiet living, this 6 bdr 3 ba home peacefully set back amidst pine trees and blooming perennials is located close to top notch schools, restaurants & shopping. Graced by pristi tine HW floors, architectural windows, cathedral ceilings & rich millwork, a spacious LR & DR flow into an awe inspiring 2-story Great Room that includes a BRAND NEW chef s kitchen and breakfast room. Kitchen boasts new SS appliances, white custom cabinetry & Carrara marble. French Doors lead to a sweeping back porch overlooking a private wooded area. 2 Bdrs complete the 1st level. Upstairs features an open landing perfect for a sitting area, 3 light-filled Bdrs & X new baths. A fab lower level w/ a lg. en suite bdr, a spa like bath, sauna & French doors leading to a stone patio. A true breath of fresh air!

Last Agent to Sell the Property

MARGARET MIGGINS

COMPASS NEW JERSEY, LLC Listed on: 11/18/2020

Last Buyer's Agent

Pamela 'Jill' Sockwell

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,723

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Custom Home
  • Composition Shingle
  • Tile

Interior Spaces

  • 2,000 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Utility Room
  • Sauna
  • Home Gym
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom located in the basement
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Washington Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2304-00098-0000-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,723

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1974
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Shunpike to Fairmount
  • I D: 5031116
  • First Name: MARGARET
  • First Name3: PAMELA
  • Last Name: MIGGINS
  • Last Name3: SOCKWELL
  • Office Phone: 973-376-8990
  • Office Phone3: 973-762-5400
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Great Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, Water Softener-Own
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Cathedral Ceiling, Fire Alarm Sys, High Ceilings, Sauna, Security System, Skylight, Smoke Detector, Walk-In Closet
  • Bedrooms: 6
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Basement
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Basement Level Rooms: 1 Bedroom, Bath Main, Exercise Room, Laundry Room, Sauna, Utility Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • In Law Suite: Yes
  • Kitchen Area: Breakfast Bar, Pantry, Separate Dining Area
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 18x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x12
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x11
  • Other Room2 Level: First
  • Other Room 3: Loft
  • Other Room3 Dim: 11x8
  • Other Room3 Level: Second
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 12x12
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Foyer, Great Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other, Loft
  • Estimated Sq Ft: 2000
  • Phone: 973-376-8990

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Deck, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 100X150
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14723
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00098-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.104
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 29, 2020
Sold by
Schultz Thomas and Schultz Joan
Bought by
Fretz John and Fretz Adrienne
Seller's Agent
MARGARET MIGGINS
COMPASS NEW JERSEY, LLC
Buyer's Agent
Pamela 'Jill' Sockwell
COMPASS NEW JERSEY, LLC
List Price
$895,000
Sold Price
$979,250
Premium/Discount to List
$84,250
9.41%
Current Estimated Value
$1,398,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,936
Avg. Annual Appreciation
7.35%
Original Mortgage
$783,400
Outstanding Balance
$697,828
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$700,358

Purchase Details

Closed on
Apr 26, 2003
Sold by
Swain Stephen
Bought by
Schultz Thomas and Schultz Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,400
Interest Rate
5.86%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Phillips Peter and Phillips Gale
Bought by
Maddocks Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fretz John $979,250 Wfg National Title Ins Co
Schultz Thomas $623,000 --
Maddocks Barbara B $375,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fretz John $783,400
Previous Owner Schultz Thomas $498,400
Previous Owner Maddocks Barbara B $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $979,250 +9.4% $490 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $895,000 -- $448 / 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 $14,454 $892,800 $421,900 $470,900
2024 $13,874 $892,800 $421,900 $470,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARGARET MIGGINS

    COMPASS NEW JERSEY, LLC

  • Pamela 'Jill' Sockwell

    Buyer's Agent in 2021

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 657-8800

    3 in this area

    147 Total Sales

    Pamela 'Jill' Sockwell
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3679151

Garden State MLS

APN: 04-00098-0000-00003

New Jersey Morris County Chatham 07928

271 Fairmount Ave, Chatham, NJ

Not Listed for Sale

Detached

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