NOT LISTED FOR SALE

271 Riveredge Dr Chatham, NJ 07928

Estimated Value: $810,000 - $988,000

3 Beds
3 Baths
2,134 Sq Ft
$422/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $825,000 $387 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,653/month

22 Days on Market

About This Home

As of November 2023

This home is located at 271 Riveredge Dr, Chatham, NJ 07928 since 07 September 2023 and is currently estimated at $901,380, approximately $422 per square foot. This property was built in 1993. 271 Riveredge Dr 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

Susan Oldendorp

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 09/07/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

KAREN LYMAN

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 1,089

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Morris
  • I D: 5242846
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 0.0000 AC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 9, 2023
Sold by
Reed Michael P and Reed Susan E
Bought by
Parella Carin O
Seller's Agent
Susan Oldendorp
COMPASS NEW JERSEY, LLC
Buyer's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Views
143
Current Estimated Value
$901,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,380
Avg. Annual Appreciation
4.15%

Purchase Details

Listed on
Sep 7, 2017
Closed on
Jan 2, 2018
Sold by
Wheat Jacqueline E
Bought by
Reed Michael P and Reed Susan E
Seller's Agent
ROSEMARIE D ANDREA
WEICHERT REALTORS
Buyer's Agent
DIANA LORENZO
WEICHERT REALTORS
List Price
$630,000
Sold Price
$650,000
Premium/Discount to List
$20,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$401,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
Maier Gloria
Bought by
Wheat Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.89%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Marquardt Robert and Marquardt Nancy
Bought by
Maier Arthur and Maier Gloria

Purchase Details

Closed on
Oct 2, 1995
Sold by
Enright Vincent D and Enright Sonja E
Bought by
Marquardt Robert and Marquardt Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Parella Carin O $825,000 Old Republic Title
Parella Carin O $825,000 Old Republic Title
Reed Michael P $651,000 Max Title Agency Llc
Wheat Jacqueline $571,125 --
Maier Arthur $292,500 --
Marquardt Robert $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Michael P $401,000
Previous Owner Wheat Jacqueline $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Sold $825,000 -5.7% $387 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $875,000 +34.6% $410 / Sq Ft
01/05/2018 01/05/18 Sold $650,000 +3.2% $305 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $630,000 -- $295 / 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 $11,839 $595,200 $150,000 $445,200
2024 $11,642 $595,200 $150,000 $445,200
Source: Public Records

Agents Affiliated with this Home

  • Susan Oldendorp

    Seller's Agent in 2023

    Susan Oldendorp

    COMPASS NEW JERSEY, LLC

    (201) 400-8714

    80 in this area

    519 Total Sales

    Susan Oldendorp
    Section Image

  • K

    Buyer's Agent in 2023

    KAREN LYMAN

    PROMINENT PROPERTIES SIR

  • R

    Seller's Agent in 2018

    ROSEMARIE D ANDREA

    WEICHERT REALTORS

  • D

    Buyer's Agent in 2018

    DIANA LORENZO

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3863455

Garden State MLS

APN: 05-00064-04-00026-06

New Jersey Morris County Chatham 07928

271 Riveredge Dr, Chatham, NJ

Not Listed for Sale

Detached

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