NOT LISTED FOR SALE

47 Rose Terrace Chatham, NJ 07928

Estimated Value: $2,085,000 - $2,664,000

5 Beds
4.5 Baths
1,380 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $1,650,000 $1,196 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,801/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Chatham High School Rated A+
  • Family Room with Fireplace
  • Marble Flooring

About This Home

As of May 2016

Completely renovated from the foundation up. Designed by architect Tim Klesse. Exceptional center hall colonial boasts 5 bdrms, 4 full & 1 half bths. Craftsman woodworking throughout, w/ coffered ceilings in generously sized DR & fam rm. Gorgeous stone hearth w/ gas fp in fam rm. Mudrooms in bsmnt & 1st floor. Cooks kitch w/ white shaker cabinets, honed Carrara marble counter tops & ss appliances. Bkfst rm walks out to deck overlooking level, private yard. Wet bar w/ wine refrigerator in butler's pantry. 2nd floor features 4 bdrms, 3 full bths & laundry rm w/ ample storage & built-in shelving. Master suite w/ gas fp, vaulted ceilings, walk-in closets & marble tiled bth w/ soaking tub & shower stall. Bsmnt level features walk-out rec room, mudroom, 5th bdrm & full bth. Less than 1 mi to town/train!

Last Agent to Sell the Property

SUSAN PENNEY PARSELLS

PROMINENT PROPERTIES SIR Listed on: 03/08/2016

Last Buyer's Agent

AMY BURAKOVSKY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,650

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Siding
  • Composite Building Materials

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Washington Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2305-00092-0000-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,650

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Woodland to Rose Terrace
  • I D: 4605978
  • First Name: SUSAN
  • First Name3: AMY
  • Last Name: PENNEY PARSELLS
  • Last Name3: BURAKOVSKY
  • Office Phone: 973-376-8818
  • Office Phone3: 973.886.5432
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Marble, Wood
  • Fireplace Description: Bedroom 1, Gas Fireplace, Family Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven, Sump Pump
  • Interior Amenities: SoakTub, Bar-Wet, TubShowr, StallShw, Walk-In Closet, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, 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, Soaking Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Outside Entrance, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 28x15
  • Kitchen Level: First
  • Living Room Dim: 12x17
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 11x8
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Dim: 23x20
  • Other Room2 Level: Basement
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, Powder Room, Foyer, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, Laundry Room, 4 Or More Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 973-376-5200

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck, Wood Fence, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Schools

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

Lot Info

  • Lot Size: 0.455 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.46

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11650
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00092-0000-00003-0000-
  • Tax Rate Amount: 1.752
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 19, 2016
Sold by
Rose Terrace Partners Llc
Bought by
Lalla Vejay G and Lalla Sapna S
Seller's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$1,680,000
Sold Price
$1,650,000
Premium/Discount to List
-$30,000
-1.79%
Current Estimated Value
$2,321,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,579
Avg. Annual Appreciation
3.64%
Original Mortgage
$1,485,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Aug 2, 2015
Sold by
Jjm & Hkm Holding Llc
Bought by
Rose Terrace Partners Llc
Seller's Agent
Debbie Woerner
COLDWELL BANKER REALTY
Buyer's Agent
SUSAN PENNEY PARSELLS
PROMINENT PROPERTIES SIR
Sold Price
$765,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.35%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Mckay Terance
Bought by
Jjm & Hkm Holding Llc

Purchase Details

Closed on
Feb 19, 2002
Sold by
Whiteman Mary
Bought by
Mckay Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 13, 1994
Sold by
Neumann Charlotte
Bought by
Mckay Terrance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
8.5%
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

Date Buyer Sale Price Title Company
Lalla Vejay G $1,650,000 Chicago Title Insurance Co
Rose Terrace Partners Llc $765,000 Multiple
Jjm & Hkm Holding Llc -- None Available
Mckay Xavier $500,000 --
Mckay Terrance $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lalla Vejay G $1,485,000
Previous Owner Mckay Xavier $200,000
Previous Owner Mckay Terrance $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2016 05/20/16 Sold $1,650,000 -1.8% $1,196 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $1,680,000 +119.6% $1,217 / Sq Ft
08/13/2015 08/13/15 Sold $765,000 -- $554 / Sq Ft View Prior Sale
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 $30,921 $1,554,600 $525,500 $1,029,100
2024 $30,408 $1,554,600 $525,500 $1,029,100
2023 $30,408 $1,554,600 $525,500 $1,029,100
2022 $30,019 $1,554,600 $525,500 $1,029,100
2021 $30,019 $1,554,600 $525,500 $1,029,100
2020 $28,673 $1,514,700 $525,500 $989,200
2019 $28,083 $1,514,700 $525,500 $989,200
2018 $27,764 $1,514,700 $525,500 $989,200
2017 $27,068 $1,514,700 $525,500 $989,200
2016 $11,697 $665,000 $525,500 $139,500
2015 $11,651 $665,000 $525,500 $139,500
2014 $11,558 $665,000 $525,500 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3287858

Garden State MLS

APN: 05-00092-0000-00003