NOT LISTED FOR SALE

554 Fairmount Ave Chatham, NJ 07928

Estimated Value: $977,000 - $1,199,000

3 Beds
2.5 Baths
1,760 Sq Ft
$630/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $757,500 $430 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,126/month

302 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Chatham High School Rated A+
  • Recreation Room
  • Wood Flooring

About This Home

As of June 2019

UNBELIEVABLE VALUE!!! Welcome home to this wonderfully maintained 3 bedroom 2.5 bath colonial on a private, manicured lot conveniently located in top ranked Chatham! Great first floor flow and with a large, cathedral ceiling family room addition with a wall of windows overlooking the private and lush backyard. Sliding glass doors open to substantial deck and lower patio. Plenty of room for a backyard barbeque and more green grass space for outdoor sports. Newer kitchen with stainless steel appliances. Gas fireplace in living room adjacent to formal DR. 3 ample-sized BR on second floor with full hall bath. Come see for yourself what this Chatham Charmer has to offer.

Last Agent to Sell the Property

JANE SCHELLING

COLDWELL BANKER REALTY Listed on: 06/06/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

ROMESH KAUR SHARIF

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,858

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.52 Acre Lot
  • Wood Fence
  • Irregular Lot

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

  • Southern 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
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2305-00048-0011-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,858

Year Built

Built in 1963 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1963
  • Year Built Description: Renovated
  • County Name: Morris
  • Renovated Year: 1999
  • Street Number Display: 554
  • Directions: Main Street to Fairmount Ave.
  • I D: 4810961
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Mid Township
  • First Name: JANE
  • First Name3: ROMESH KAUR
  • Last Name: SCHELLING
  • Last Name3: SHARIF
  • Office Phone: 973-635-8200
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1999

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Fireplace, Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Disposal, Microwave Oven
  • Interior Amenities: StallShw, StallTub, Blinds, Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Half Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 9x10
  • Kitchen Level: First
  • Living Room Dim: 11x12
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 9x13
  • Other Room1 Level: Basement
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 6x14
  • Other Room2 Level: Basement
  • Other Level Rooms: GarEnter
  • Level 1 Rooms: OutEntrn, GarEnter, Living Room, Dining Room, Great Room, Entrance Vestibule, Storage Room, Bath Main, InsdEntr, Family Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Attic, Bath(s) Other
  • Phone: 973-635-8200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Wood Fence, Deck, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Fencing, On-Street Parking

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Available
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra
  • Water Heater: Gas

Schools

  • Elementary School: Southern
  • Middle School: Chatham
  • High School: Chatham
  • High School: Chatham
  • Middle Jr High School: Chatham

Lot Info

  • Lot Size: 110 x 205
  • Assessed Improvement Value: 212700
  • Assessed Land Value: 450900
  • Assessment: 663600
  • Lot Description: Irregular Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Total Acres: 0.52

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11858
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00048-0011-00001-0000-
  • Tax Rate Amount: 1.787
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
May 31, 2019
Sold by
Barnes Andrew and Barnes Alyssa
Bought by
Romano Jason Thomas and Romano Jessica Lynn
Seller's Agent
JANE SCHELLING
COLDWELL BANKER REALTY
Buyer's Agent
ROMESH KAUR SHARIF
KELLER WILLIAMS REALTY
List Price
$835,000
Sold Price
$757,500
Premium/Discount to List
-$77,500
-9.28%
Current Estimated Value
$1,109,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,743
Avg. Annual Appreciation
7.36%
Original Mortgage
$621,150
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 19, 2016
Closed on
Feb 16, 2017
Sold by
Cassilo Paul F and Cassilo Debra L
Bought by
Barnes Andrew and Barnes Alyssa
Seller's Agent
BARBARA 'Bobbie' VEEDER
TURPIN REAL ESTATE, INC.
Buyer's Agent
Marianne Slamm
KELLER WILLIAMS REALTY
List Price
$769,900
Sold Price
$780,000
Premium/Discount to List
$10,100
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.27%
Original Mortgage
$624,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2007
Sold by
Mathern Peter W and Mathern Mary
Bought by
Cassilo Paul F and Cassilo Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Raedisch Kurt
Bought by
Sieling Mary and Mathern Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.18%
Source: Public Records

Range of Values:

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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
Romano Jason Thomas $757,500 Chp Title Agency Llc
Barnes Andrew -- None Available
Cassilo Paul F $720,000 Fidelity Natl Title Ins Co
Sieling Mary $222,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Jason Thomas $620,000
Closed Romano Jason Thomas $620,000
Closed Romano Jason Thomas $621,150
Previous Owner Barnes Andrew $624,000
Previous Owner Cassilo Paul F $100,000
Previous Owner Cassilo Paul F $435,000
Previous Owner Sieling Mary $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $757,500 -3.5% $430 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
12/09/2018 12/09/18 Price Changed $785,000 -1.3% $446 / Sq Ft
10/16/2018 10/16/18 Price Changed $795,000 -4.8% $452 / Sq Ft
06/06/2018 06/06/18 For Sale $835,000 +7.1% $474 / Sq Ft
02/17/2017 02/17/17 Sold $780,000 +1.3% $443 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $769,900 -- $437 / 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
2024 $12,980 $663,600 $450,900 $212,700
2023 $12,980 $663,600 $450,900 $212,700
2022 $12,814 $663,600 $450,900 $212,700
2021 $12,814 $663,600 $450,900 $212,700
2020 $12,562 $663,600 $450,900 $212,700
2019 $12,303 $663,600 $450,900 $212,700
2018 $12,164 $663,600 $450,900 $212,700
2017 $11,859 $663,600 $450,900 $212,700
2016 $11,673 $663,600 $450,900 $212,700
2015 $11,626 $663,600 $450,900 $212,700
2014 $11,533 $663,600 $450,900 $212,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3476987

Garden State MLS

APN: 05-00048-11-00001