NOT LISTED FOR SALE

567 Fairmount Ave Chatham, NJ 07928

Chatham Area

Estimated Value: $829,000 - $916,000

2 Beds
1 Bath
1,040 Sq Ft
$841/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2024

Last sale price $711,000 $684 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,661 / mo

9 Days on Market

About This Home

As of September 2024

This home is located at 567 Fairmount Ave, Chatham, NJ 07928 since 22 July 2024 and is currently estimated at $874,309, approximately $840 per square foot. This property was built in 1948. 567 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

KRISTIN JACOBS

C-21 NORTH WARREN REALTY Brokerage Phone: 908-852-0007 Listed on: 07/22/2024

Last Buyer's Agent

Jerry Cheng

REAL

REAL

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 20,473 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0.47 Acres

Listing Details

  • Year Built: 1948
  • County Name: Morris
  • I D: 5302334
  • Attribution Contact: 908-852-0007
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 0.470 AC
  • Total Acres: 0.47

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
Jul 22, 2024
Closed on
Aug 30, 2024
Sold by
Sehgal Vineet and Sehgal Kathleene
Bought by
Seller's Agent
KRISTIN JACOBS
C-21 NORTH WARREN REALTY
Buyer's Agent
Jerry Cheng
REAL
List Price
$699,000
Sold Price
$711,000
Premium/Discount to List
$12,000
1.72%
Views
16
Current Estimated Value
$874,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,309
Avg. Annual Appreciation
10.83%
Original Mortgage
$545,000
Outstanding Balance
$534,003
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$340,306

Purchase Details

Closed on
Oct 5, 2020
Sold by
Sehgal Vineet
Bought by
Sehgal Vineet and Sehgal Promila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 20, 2017
Sold by
Youngquest Nicholas F and Jones Mira E
Bought by
Sehgal Vineet
Seller's Agent
CATHERINE LUTZ
PROMINENT PROPERTIES SIR
Buyer's Agent
DOROTHY HEMHAUSER
WEICHERT REALTORS
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2013
Closed on
Dec 17, 2013
Sold by
Valiant Eva M and Vandeventer Richard
Bought by
Youngquest Nicholas F and Jones Mira E
Buyer's Agent
Donald R. Marcy
COLDWELL BANKER REALTY
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$376,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 1994
Sold by
Riley Kevin
Bought by
Valiant Eva
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chatham, NJ

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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
$711,000 Clear Skies Title
Sehgal Vineet -- None Listed On Document
Sehgal Vineet $550,000 Fidelity National Title Ins
Youngquest Nicholas F $470,000 Chicago Title Ins Co
Valiant Eva $188,500 --
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 $545,000
Previous Owner Sehgal Vineet $430,000
Previous Owner Sehgal Vineet $300,000
Previous Owner Youngquest Nicholas F $376,000
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 Prior Sale
09/04/2024 09/04/24 Sold $711,000 +1.7% $684 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $699,000 +27.1% $672 / Sq Ft
10/30/2017 10/30/17 Sold $550,000 0.0% $529 / Sq Ft View Prior Sale
08/29/2017 08/29/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $550,000 +17.0% $529 / Sq Ft
12/18/2013 12/18/13 Sold $470,000 -- $452 / Sq Ft View Prior Sale
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 $10,038 $467,300 $447,300 $20,000
2025 $10,038 $504,700 $380,200 $124,500
2024 $9,872 $504,700 $380,200 $124,500
2023 $9,872 $504,700 $380,200 $124,500
2022 $9,746 $504,700 $380,200 $124,500
2021 $9,746 $504,700 $380,200 $124,500
2020 $9,554 $504,700 $380,200 $124,500
2019 $9,357 $504,700 $380,200 $124,500
2018 $9,251 $504,700 $380,200 $124,500
2017 $9,019 $504,700 $380,200 $124,500
2016 $8,878 $504,700 $380,200 $124,500
2015 $8,842 $504,700 $380,200 $124,500
2014 $8,772 $504,700 $380,200 $124,500
Source: Public Records

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Map

Source: Garden State MLS

MLS Number: 3914781

Garden State MLS

APN: 05-00062-03-00029

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