NOT LISTED FOR SALE

617 Fairmount Ave Chatham, NJ 07928

Estimated Value: $1,981,000 - $2,114,106

5 Beds
4.5 Baths
1,931 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $1,330,000 $689 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,756/month

59 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • In-Law or Guest Suite
  • Chatham High School Rated A+
  • Thermal Windows
  • Kitchen Island

About This Home

As of February 2020

Newly constructed Chatham charmer from the moment you pull in the driveway to stunning real stone and hardiplank exterior, this country chic colonial perched amidst mature pines welcomes you inside to luxury around every corner. Superior craftsmanship and finest high end designer finishes abound. This home checks all the boxes!! 3 En-suites, spacious open floor plan, high ceilings, chef's kitchen with Thermador 6 burner rangetop, Thermador 42" refrigerator, Thermador double wall oven, extra large island with sink, quartz countertops, marble backsplash. Kitchen opens to generous family room with coffered ceilings and gas fireplace and doors to patio, pool and pool house for outside entertaining. Luxurious master bedroom with spa like marble jetted shower and soaking tub. Fine finishes and marble in every bath.

Last Agent to Sell the Property

Marly Toro

KELLER WILLIAMS REALTY Listed on: 11/16/2019

KELLER WILLIAMS REALTY

Last Buyer's Agent

RONALD CARDAZONE

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,159

Year Built

  • Built in 2019

Lot Details

  • 0.52 Acre Lot

Parking

  • 2 Car Garage
  • Tuck Under Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • Thermal Windows
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Outbuilding

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2305-00062-0012-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,159

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2019
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Fairmount between Mohawk and Birch Hill
  • I D: 4945732
  • Section Subdiv Development: Upper Fairmount
  • First Name: MARLENE
  • First Name3: RONALD
  • Last Name: TORO
  • Last Name3: CARDAZONE
  • Office Phone: 908-656-1838
  • Office Phone3: 908-273-2991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, OvnWGas, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Bedrooms: 5
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • In Law Suite: Yes
  • Kitchen Area: Center Island
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Outbuilding(s), Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Additional 1/2 Car Garage, Garage Under
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

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

Lot Info

  • Lot Size: 22610SF
  • Lot I D Tax: *
  • Lot Size 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: 11159
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00062-0012-00003-0000-
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Southern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Feb 27, 2020
Sold by
Taylored Properties Llc
Bought by
Sharma Anshul and Korde Neha
Seller's Agent
Marly Toro
KELLER WILLIAMS REALTY
Buyer's Agent
RONALD CARDAZONE
KELLER WILLIAMS REALTY
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%
Current Estimated Value
$2,050,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,027
Avg. Annual Appreciation
7.79%
Original Mortgage
$900,000
Outstanding Balance
$798,583
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,251,444

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 25, 2018
Sold by
Temple Alison and Temple Daniel Charles
Bought by
Taylored Properties Llc
Seller's Agent
MARY T. WEICHERT
WEICHERT REALTORS
Buyer's Agent
FRANCIE MCDONALD
WEICHERT REALTORS
List Price
$649,000
Sold Price
$599,000
Premium/Discount to List
-$50,000
-7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.34%
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
Sharma Anshul $1,330,000 Chicago Title Insurance Co
Taylored Properties Llc $599,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Anshul $900,000
Closed Taylored Properties Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $1,330,000 -1.5% $689 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
11/16/2019 11/16/19 For Sale $1,350,000 +125.4% $699 / Sq Ft
05/24/2018 05/24/18 Sold $599,000 -7.7% $310 / Sq Ft View Prior Sale
04/26/2018 04/26/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $649,000 -- $336 / 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 $23,530 $1,183,000 $429,100 $753,900
2024 $23,139 $1,183,000 $429,100 $753,900
2023 $23,139 $1,183,000 $429,100 $753,900
2022 $22,844 $1,183,000 $429,100 $753,900
2021 $22,844 $1,183,000 $429,100 $753,900
2020 $22,394 $1,183,000 $429,100 $753,900
2019 $11,287 $608,800 $429,100 $179,700
2018 $11,159 $608,800 $429,100 $179,700
2017 $10,879 $608,800 $429,100 $179,700
2016 $10,709 $608,800 $429,100 $179,700
2015 $10,666 $608,800 $429,100 $179,700
2014 $10,581 $608,800 $429,100 $179,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3601525

Garden State MLS

APN: 05-00062-12-00003