NOT LISTED FOR SALE

298 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,411,873 - $1,662,000

4 Beds
2.5 Baths
2,698 Sq Ft
$578/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $1,042,500 $386 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,700/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Chatham High School Rated A+
  • Wood Flooring
  • Mud Room

About This Home

As of April 2018

Center Hall Colonial with many updates. Open floor plan with sunny & spacious rooms. Level & fenced in rear yard w/ park like setting & playset. Front yard set back from street offering privacy. 2017: New driveway w/ turn around area; front walkway & steps, side entry steps replaced & ext, doors. 2016: New garage doors & electric openers. 2015: Lower Level Recreation Rm. updated w/ carpet, 1 wall of closets w/ custom shelving & fresh paint. Sliders replaced from Family Rm. to Patio. 2013 renovation of MBR Suite w/ expansive & customized walk-in closet & Bath w/ oversized frameless shower w/ Travertine tile, Crema marfil marble countertops & radiant heated floors. 2008: Kitchen renovated by previous owners w/ SS appliances (some of which replaced since), cherry cabinetry & granite countertops.

Last Agent to Sell the Property

LINDA PECK

PROMINENT PROPERTIES SIR Listed on: 02/08/2018

Co-Listed By

PAMELA GUMPORT

PROMINENT PROPERTIES SIR

Last Buyer's Agent

WILLARD EBEN ALEXANDER

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,936

Year Built

  • Built in 1941

Lot Details

  • 0.52 Acre Lot
  • Fenced
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Partially Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Southern Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00069-0000-00051-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,936

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1941
  • County Name: Morris
  • Renovated Year: 2013
  • Street Number Display: 298
  • Directions: Main Street to Fairmount Avenue
  • I D: 4771464
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Hill
  • First Name: LINDA
  • First Name2: PAMELA
  • First Name3: WILLARD EBEN
  • Last Name: PECK
  • Last Name2: GUMPORT
  • Last Name3: ALEXANDER
  • Office Phone: 908-377-8036
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2013

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: Drapes, JacuzTyp, StallShw, Walk-In Closet, Blinds, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 4
  • 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: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 14x13
  • Kitchen Level: First
  • Living Room Dim: 22x15
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Dim: 13x6
  • Other Room1 Level: Second
  • Other Room 2: MudRoom
  • Other Room2 Dim: 6x6
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 20x16
  • Other Room3 Level: Basement
  • Other Room 4: Utility Room
  • Other Room4 Dim: 22x15
  • Other Room4 Level: Basement
  • Level 1 Rooms: Laundry Room, MudRoom, Foyer, Walkout, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-273-8808

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Storage Shed, Patio, Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Lighting, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Assessed Improvement Value: 250000
  • Assessed Land Value: 473900
  • Assessment: 723900
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 51
  • Lot I D Tax: *
  • Total Acres: 0.52
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12936
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00069-0000-00051-0000-
  • Tax Rate Amount: 1.787
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Apr 2, 2018
Sold by
Wilson Todd W and Wilson Stacey C
Bought by
Foss Andrew A and Foss Jaime Sodano
Seller's Agent
LINDA PECK
PROMINENT PROPERTIES SIR
Buyer's Agent
WILLARD EBEN ALEXANDER
KL SOTHEBY'S INT'L. REALTY
List Price
$1,045,000
Sold Price
$1,042,500
Premium/Discount to List
-$2,500
-0.24%
Current Estimated Value
$1,559,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,718
Avg. Annual Appreciation
5.58%
Original Mortgage
$745,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2011
Sold by
Francini Barry and Francini Karen
Bought by
Wilson Todd W and Wilson Stacey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Lunn Frank P
Bought by
Francine Bary and Francine Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1999
Sold by
Lynn Frank P and Lunn Margaret R
Bought by
Lunn Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Foss Andrew A $104,500 Acres Land Title Agency Llc
Wilson Todd W $849,000 None Available
Francine Bary $850,000 --
Lunn Margaret R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foss Andrew A $735,000
Closed Foss Andrew A $745,000
Previous Owner Wilson Todd W $661,000
Previous Owner Wilson Todd W $679,200
Previous Owner Francini Karen $140,000
Previous Owner Francine Bary $350,000
Previous Owner Lunn Margaret R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $1,042,500 -0.2% $386 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $1,045,000 -- $387 / 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 $14,639 $736,000 $473,900 $262,100
2024 $14,396 $736,000 $473,900 $262,100
2023 $14,396 $736,000 $473,900 $262,100
2022 $14,212 $736,000 $473,900 $262,100
2021 $14,212 $736,000 $473,900 $262,100
2020 $13,932 $736,000 $473,900 $262,100
2019 $13,421 $723,900 $473,900 $250,000
2018 $13,269 $723,900 $473,900 $250,000
2017 $12,936 $723,900 $473,900 $250,000
2016 $12,733 $723,900 $473,900 $250,000
2015 $12,683 $723,900 $473,900 $250,000
2014 $12,581 $716,700 $473,900 $242,800
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3445471

Garden State MLS

APN: 05-00069-0000-00051