NOT LISTED FOR SALE

481 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,063,000 - $1,256,000

4 Beds
3 Baths
2,096 Sq Ft
$573/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $812,000 $387 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,246/month

97 Days on Market

Highlights

  • Cape Cod Architecture
  • Recreation Room
  • High Ceiling
  • Chatham High School Rated A+
  • Wood Flooring
  • Thermal Windows

About This Home

As of September 2018

Enjoy the same amenities usually found in much larger homes! Renovated w/ quality finishes and excellent floor plan! Hardwood fl, open kitchen, walls of windows, exquisite MBR w/en-suite bathroom, large custom closets, 2nd fl laundry. Stunning living room w/ gas fpl and plantation shutters & bay window with sunsets and distant views & gas fpl. Versatile main fl BR can also be a study. Tiled full bath, and open dining/kitchen family room spaces for easy living and entertaining. Direct access to private landscaped yard. Two additional guest BRs on 2nd level with renovated hall bathroom. Finished, walk-out basement, attached 2-car garage, private yard with patio, stone walls, perennial gardens, in-ground sprinkler system. 2- zone heating & cooling installed, doors and windows replaced.

Last Agent to Sell the Property

LYNN NEBEL

TURPIN REAL ESTATE, INC. Listed on: 05/17/2018

Last Buyer's Agent

GWENDOLYNN VAN DER ZYPPE

BROWN HARRIS STEVENS NEW JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,041

Year Renovated

  • 2010

Lot Details

  • 0.52 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Updated or Remodeled
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00062-0002-00015-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,041

Year Renovated

2010

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod, Colonial
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built Description: Renovated
  • County Name: Morris
  • Directions: Farimount Avenue past Southern Blvd on left just after Ramapo.
  • I D: 4803746
  • First Name: LYNN
  • First Name3: GWENDOLYNN
  • Last Name: NEBEL
  • Last Name3: VAN DER ZYPPE
  • Office Phone: 908-766-6500
  • Office Phone3: 973-744-6033
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: TubShowr, StallShw, Security System, Blinds, Window Treatments, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout, French Drain, Full
  • Basement Level Rooms: Walkout, Storage Room, Rec Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Separate Dining Area
  • Kitchen Dim: 11x9
  • Kitchen Level: First
  • Living Room Dim: 14x23
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 24x20
  • Other Room1 Level: Basement
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 8x6
  • Other Room2 Level: Second
  • Level 1 Rooms: 1 Bedroom, Living Room, Dining Room, Bath Main, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 3 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-6500

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Underground Lawn Sprinkler, Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Multi-Zone Cooling, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

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

Lot Info

  • Lot Size: 0.51 acres
  • Lot I D Tax: *
  • Total Acres: 0.52

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11041
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00062-0002-00015-0000-
  • Tax Rate Amount: 1.787
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Sep 13, 2018
Sold by
Powell Richard H and Gans Powell Rebecca
Bought by
Cutler David and Rabinowitz Carly
Seller's Agent
LYNN NEBEL
TURPIN REAL ESTATE, INC.
Buyer's Agent
GWENDOLYNN VAN DER ZYPPE
BROWN HARRIS STEVENS NEW JERSEY
List Price
$899,000
Sold Price
$812,000
Premium/Discount to List
-$87,000
-9.68%
Current Estimated Value
$1,201,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,608
Avg. Annual Appreciation
5.48%
Original Mortgage
$577,000
Outstanding Balance
$502,142
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$699,466

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bourneuf Carmel
Bought by
Powell Richard and Powell Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cutler David $812,000 First American Title
Powell Richard $549,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutler David $577,000
Previous Owner Powell Richard $439,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $812,000 -9.7% $387 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $899,000 -- $429 / 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 $12,290 $617,900 $383,700 $234,200
2024 $12,086 $617,900 $383,700 $234,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3471403

Garden State MLS

APN: 05-00062-02-00015