$515,000
SOLD OCT 28, 2016

4 Chestnut St Chatham, NJ 07928

3 Beds
2 Baths
1,269 Sq Ft
0.28 Acres

Recently Sold

$406 Per Sq Ft

26% Above List Price

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • Chatham High School Rated A+
  • Sun or Florida Room
  • Eat-In Kitchen

About This Home

As of June 2018

Fannie Mae Owned Cape, Handyman Special, needs major rehab from top to bottom, much more than cosmetics repairs. Cash or Renovation Loan Only! The deadline for receipt of Highest & Best offers was 9/8/16 at 5:00PM and has expired. Any offers received after the deadline can only be held as backup offers.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Listed on: 09/03/2016

Last Buyer's Agent

Bill Flagg

ERA QUEEN CITY REALTY Listed on: 09/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,942

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,269 Sq Ft Home
  • Living Room with Fireplace
  • Family or Dining Combination
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2304-00103-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,942

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1941
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 4
  • Directions: Hillside Ave to Chestnut St
  • I D: 4655338
  • Modified: 2021-09-23
  • Number Images: 7
  • First Name: BILL
  • First Name3: BILL
  • Last Name: FLAGG
  • Last Name3: FLAGG
  • Office Phone: 908-603-8040
  • Office Phone3: 908-603-8040
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room, Laundry Room, Utility Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x9
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Other Room 1: Storage Room
  • Other Room1 Dim: 28x7
  • Other Room 2: Sunroom
  • Level 1 Rooms: 2 Bedrooms, Kitchen, Sunroom, Living Room, Bath Main
  • Level 2 Rooms: 1 Bedroom, Bath(s) Other, Storage Room
  • Estimated Sq Ft: 1269
  • Phone: 908-322-5454

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 103X120
  • Assessed Improvement Value: 103500
  • Assessed Land Value: 416800
  • Assessment: 520300
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9942
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00103-0000-00003-0000-
  • Tax Rate Amount: 1.911
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 12, 2018
Sold by
4 Chestnut Street Llc
Bought by
Kay Andrew J and Kay Holly L
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
SHAWN CHACONAS
COMPASS NEW JERSEY, LLC
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Current Estimated Value
$1,938,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,821
Avg. Annual Appreciation
5.16%
Original Mortgage
$1,147,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Springfield Property Development 3 Llc
Bought by
4 Chestnut Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,500
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 3, 2016
Closed on
Oct 3, 2016
Sold by
Fannie Mae
Bought by
Springfield Property Developers 3 Llc
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$410,000
Sold Price
$515,000
Premium/Discount to List
$105,000
25.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$600,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1995
Sold by
Mercer Virginia M
Bought by
Mercer Virginia M and Mercer Cecil F
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $1,350,000 Commonwealth Land Title Co L
Deed $525,000 Westcor Land Title Ins Co
Deed $515,000 Alexandra Title Group Llcc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Closed $1,147,500 New Conventional
Previous Owner $872,500 Construction
Previous Owner $600,000 Commercial
Previous Owner $225,000 Commercial
Previous Owner $600,000 Commercial
Previous Owner $817,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $619,130 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $1,350,000 -3.5% $422 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $1,399,000 +171.7% $437 / Sq Ft
10/28/2016 10/28/16 Sold $515,000 +25.6% $406 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/03/2016 09/03/16 For Sale $410,000 -- $323 / 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 $24,625 $1,521,000 $620,100 $900,900
2024 $23,636 $1,521,000 $620,100 $900,900
2023 $23,636 $1,521,000 $620,100 $900,900
2022 $19,573 $915,900 $416,800 $499,100
2021 $19,573 $915,900 $416,800 $499,100
2020 $19,408 $915,900 $416,800 $499,100
2019 $19,271 $915,900 $416,800 $499,100
2018 $10,640 $520,300 $416,800 $103,500
2017 $10,333 $520,300 $416,800 $103,500
2016 $10,063 $520,300 $416,800 $103,500
2015 $9,943 $520,300 $416,800 $103,500
2014 $9,870 $520,300 $416,800 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3333789

Garden State MLS

APN: 04-00103-0000-00003