NOT LISTED FOR SALE

408 Fairmount Ave Chatham, NJ 07928

Estimated Value: $961,000 - $1,235,000

4 Beds
3 Baths
1,864 Sq Ft
$615/Sq Ft Est. Value

Last Sold April 24, 2012

Last sale price $620,000 $333 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,180/month

About This Home

As of April 2012

This home is located at 408 Fairmount Ave, Chatham, NJ 07928 since 24 April 2012 and is currently estimated at $1,146,705, approximately $615 per square foot. This property was built in 1954. 408 Fairmount Ave is a home located in Morris County with nearby schools including Chatham High School, The Academy of Our Lady of Peace, and St. Patrick School.

Last Agent to Sell the Property

James Rembish

REO PREMIER PROPERTIES Brokerage Phone: 908-522-9444 Listed on: 04/24/2012

Last Buyer's Agent

Nancy R Cook

TURPIN REAL ESTATE, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,773

Year Built

  • Built in 1954

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,773

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • County Name: Morris
  • Street Number Display: 408
  • I D: 4137876
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 0.458 AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2023
Sold by
Cerverizzo Thomas Carl and Cerverizzo Sharon Judith
Bought by
Schultz Sharon J
Current Estimated Value
$1,146,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,500
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2012
Closed on
Apr 18, 2012
Sold by
Poeton Timtohy J and Poeton Susan G
Bought by
Cerverizzo Thomas Carl and Cerverizzo Sharon Judith
Seller's Agent
James Rembish
REO PREMIER PROPERTIES
Buyer's Agent
Nancy R Cook
TURPIN REAL ESTATE, INC.
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$323,361
Interest Rate
4.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2005
Sold by
Pashman Louis
Bought by
Poeton Timothy and Poeton Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 1997
Sold by
Pashman Louis J and Pashman Nancy J
Bought by
Pashman Nancy J
Source: Public Records

Range of Values:

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
Schultz Sharon J -- None Listed On Document
Schultz Sharon J -- None Listed On Document
Cerverizzo Thomas Carl $620,000 Cape Atlantic Title Agency I
Poeton Timothy $692,500 --
Poeton Timothy J $692,500 --
Pashman Nancy -- --
Pashman Nancy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Sharon J $452,500
Previous Owner Cerverizzo Thomas $323,361
Previous Owner Poeton Timothy J $300,000
Previous Owner Poeton Timothy $250,900
Previous Owner Poeton Timothy J $185,000
Previous Owner Poeton Timothy J $135,000
Previous Owner Pashman Nancy $554,000
Previous Owner Pashman Louis J $3,000,000
Previous Owner Pashman Louis J $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2012 04/24/12 Sold $620,000 -- $333 / 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 $11,773 $591,900 $379,300 $212,600
2024 $11,578 $591,900 $379,300 $212,600
2023 $11,578 $591,900 $379,300 $212,600
2022 $11,295 $591,900 $379,300 $212,600
2021 $11,295 $591,900 $379,300 $212,600
2020 $11,205 $591,900 $379,300 $212,600
2019 $10,974 $591,900 $379,300 $212,600
2018 $10,850 $591,900 $379,300 $212,600
2017 $10,577 $591,900 $379,300 $212,600
2016 $10,412 $591,900 $379,300 $212,600
2015 $10,370 $591,900 $379,300 $212,600
2014 $10,287 $591,900 $379,300 $212,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 2852576

Garden State MLS

APN: 05-00048-02-00033