NOT LISTED FOR SALE

407 Fairmount Ave Chatham, NJ 07928

Chatham Area

Estimated Value: $2,050,949 - $2,209,000

4 Beds
3.5 Baths
4,300 Sq Ft
$493/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2017

Last sale price $945,000 $220 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $12,863 / mo

195 Days on Market

Highlights

  • Spa
  • Custom Home
  • Family Room with Fireplace
  • Chatham High School Rated A+
  • Deck
  • Marble Flooring

About This Home

As of May 2017

NEW PRICE!-Tremendous potential in this large stately 4300sft custom home. Mother-Daughter / Au-pair suite or easily convert into 5 bedrooms. Bring your creative thinking! Home being sold "AS-IS"

Last Agent to Sell the Property

JOHN RAPICANO

360 REALTY PARTNERS Listed on: 08/04/2016

Last Buyer's Agent

Deborah Citarella

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,957

Year Built

  • Built in 1988

Lot Details

  • 22,869 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Clapboard

Interior Spaces

  • 4,300 Sq Ft Home
  • Central Vacuum
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Utility Room
  • Home Gym
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Spa
  • Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00062-0001-00045-0004-

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,957

Year Built

Built in 1988

Lot Details

0.52 Acres

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1988
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: on file
  • Directions: Main Street to Fairmount, cross over Southern, driveway on left, #407
  • I D: 4647875
  • First Name: JOHN
  • First Name3: DEBORAH
  • Last Name: RAPICANO
  • Last Name3: CITARELLA
  • Office Phone: 973-267-7800
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Central Vacuum, Range/Oven-Gas, Refrigerator, Washer, Kitchen Exhaust Fan, Dryer
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Hot Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Basement Level Rooms: Storage Room, Outside Entrance, Utility Room, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 13x21
  • Kitchen Level: First
  • Living Room Dim: 15x25
  • Living Room Level: First
  • Other Room 1: Exercise Room
  • Other Room1 Dim: 12x10
  • Other Room1 Level: First
  • Other Room2 Dim: 12x7
  • Other Room2 Level: Second
  • Other Room 3: Foyer
  • Other Room3 Dim: 15x17
  • Other Room3 Level: First
  • Level 1 Rooms: 1 Bedroom, Exercise Room, Kitchen, Powder Room, Laundry Room, Foyer, Office, Den, Dining Room, Living Room, Bath Main
  • Level 2 Rooms: Bath(s) Other, 3 Bedrooms, SeeRem, Bath Main
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 4300
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Size: 22869 SF
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.53
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19957
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00062-0001-00045-0004-
  • Tax Rate Amount: 1.752
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Southern

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
May 2, 2017
Sold by
Bought by
Seller's Agent
JOHN RAPICANO
360 REALTY PARTNERS
Buyer's Agent
Deborah Citarella
COLDWELL BANKER REALTY
List Price
$1,049,000
Sold Price
$945,000
Premium/Discount to List
-$104,000
-9.91%
Current Estimated Value
$2,119,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,174,237
Avg. Annual Appreciation
9.13%
Original Mortgage
$803,250
Interest Rate
0.0423%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$945,000 Nrt Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $803,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/04/2017 05/04/17 Sold $945,000 -9.9% $220 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $1,049,000 -- $244 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,393 $1,018,100 $452,300 $565,800
2025 $19,393 $1,018,100 $452,300 $565,800
2024 $19,071 $975,000 $452,300 $522,700
2023 $19,071 $975,000 $452,300 $522,700
2022 $18,827 $975,000 $452,300 $522,700
2021 $18,827 $975,000 $452,300 $522,700
2020 $18,457 $975,000 $452,300 $522,700
2019 $18,077 $975,000 $452,300 $522,700
2018 $20,880 $1,139,100 $452,300 $686,800
2017 $20,356 $1,139,100 $452,300 $686,800
2016 $20,037 $1,139,100 $452,300 $686,800
2015 $19,957 $1,139,100 $452,300 $686,800
2014 $19,798 $1,139,100 $452,300 $686,800
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3327058

Garden State MLS

APN: 05-00062-01-00045-04

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