NOT LISTED FOR SALE

71 N Summit Ave Chatham, NJ 07928

Chatham Area

Estimated Value: $1,967,553

4 Beds
4.5 Baths
1,424 Sq Ft
$1,382/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2021

Last sale price $1,210,000 $850 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,615 / mo

69 Days on Market

Highlights

  • Colonial Architecture
  • Marble Flooring
  • Mud Room
  • Chatham High School Rated A+
  • Corner Lot
  • Breakfast Room

About This Home

As of June 2021

One of a kind 4 Bedroom ALL ENSUITE home fully renovated from top to bottom. Wide stone entryway & Hardy-plank siding welcomes you home. Enter foyer with adjacent formal living/office and dining room. Gourmet kitchen complete with center island, SS appliances, designer lighting, wood cabinetry, bonus wine fridge conveniently opens to oversized family room w/ fireplace. Nearby laundry, mudroom, and powder room completes the first floor. With each of the 4 bedrooms featuring its own designer bathroom & custom closets chaotic mornings are a thing of the past. Master bedroom features double doors, spa like marble bath with soaking tub, & walk in closet. 4th ensuite bed on 3rd floor. Near complete with minor finishes remaining, 1 car detached garage to be built, & finishing basement. Lot expansion possibility.

Last Agent to Sell the Property

TRACEY CASTELLANO

KELLER WILLIAMS REALTY Listed on: 02/12/2021

Last Buyer's Agent

Catherine Frates

BHHS FOX & ROACH

BHHS FOX & ROACH

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,566

Year Built

  • Built in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Siding
  • Composite Building Materials

Interior Spaces

  • Ventless Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Laundry Room
  • Unfinished Basement

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Milton Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 2304-00055-0000-00060-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,566

Year Built

Built in 2021

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2021
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Main Street to N. Summit or Weston Ave to N. Summit
  • I D: 5046421
  • First Name: TRACEY
  • First Name3: CATHERINE
  • Last Name: CASTELLANO
  • Last Name3: FRATES
  • Office Phone: 908-273-2991
  • Office Phone3: 908-580-5000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Gas Ventless
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 16x13
  • Kitchen Level: First
  • Living Room Dim: 10x14
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 11x15
  • Other Room1 Level: First
  • Other Room 2: MudRoom
  • Other Room2 Dim: 10x6
  • Other Room2 Level: First
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 10x5
  • Other Room3 Level: First
  • Level 1 Rooms: Breakfast Room, Dining Room, Family Room, Laundry Room, Living Room, MudRoom, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Schools

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

Lot Info

  • Lot Size: 63X100
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10566
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2304-00055-0000-00060-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.104
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Milton

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
Feb 12, 2021
Closed on
Jun 9, 2021
Sold by
Just Divine Properties Llc
Bought by
Seller's Agent
TRACEY CASTELLANO
KELLER WILLIAMS REALTY
Buyer's Agent
Catherine Frates
BHHS FOX & ROACH
List Price
$1,295,000
Sold Price
$1,210,000
Premium/Discount to List
-$85,000
-6.56%
Current Estimated Value
$1,967,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,553
Avg. Annual Appreciation
9.66%
Original Mortgage
$968,000
Outstanding Balance
$855,125
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,112,428

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 31, 2019
Sold by
Stagg Robert and Estate Of Dorrit B Stagg
Bought by
Just Divine Properties Llc
Seller's Agent
Lauren Stagg
Redfin Corporation
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.06%
Original Mortgage
$715,000
Interest Rate
3.6%
Mortgage Type
Commercial
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

  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    5 in Chatham

    $1.3M - $3.1M Price Range

    Steph Mahon
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  • Tom Heyl Real Estate Agent - KELLER WILLIAMS REALTY

    Tom Heyl

    KELLER WILLIAMS REALTY

    (862) 707-2329

    29 Total Sales

    8 in Chatham

    $1.1M - $1.8M Price Range

    Tom Heyl
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  • Joseph Tersigni Real Estate Agent - WEICHERT REALTORS

    Joseph Tersigni

    WEICHERT REALTORS

    (908) 503-3620

    50 Total Sales

    1 in Chatham

    $785,000 Price

    Joseph Tersigni
     Section Image
  • Lorraine First Real Estate Agent - KL SOTHEBY'S INT'L. REALTY

    Lorraine First

    KL SOTHEBY'S INT'L. REALTY

    (857) 305-4661

    63 Total Sales

    1 in Chatham

    $840,000 Price

    Lorraine First
     Section Image
  • Mark Slade Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    Mark Slade

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (844) 802-1554

    153 Total Sales

    1 in Chatham

    $999,900 Price

    Mark Slade
     Section Image
  • Yuen Li Huang Real Estate Agent - BHHS Fox & Roach - Princeton

    Yuen Li Huang

    BHHS Fox & Roach - Princeton

    (848) 279-9204

    83 Total Sales

    1 in Chatham

    $1,665,500 Price

    Yuen Li Huang
     Section Image
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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
$1,210,000 Associates Title
Just Divine Properties Llc $570,000 Clear Skies Title Agency Llc
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 $968,000
Previous Owner Just Divine Properties Llc $715,000
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
06/11/2021 06/11/21 Sold $1,210,000 -6.6% $850 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,295,000 +127.2% $909 / Sq Ft
12/31/2019 12/31/19 Sold $570,000 -- $400 / 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 $20,471 $1,264,400 $544,500 $719,900
2025 $20,471 $1,264,400 $544,500 $719,900
2024 $19,649 $1,264,400 $544,500 $719,900
2023 $19,649 $1,264,400 $544,500 $719,900
2022 $16,746 $783,600 $379,000 $404,600
2021 $16,746 $502,200 $379,000 $123,200
2020 $10,642 $502,200 $379,000 $123,200
2019 $10,566 $502,200 $379,000 $123,200
2018 $10,270 $502,200 $379,000 $123,200
2017 $9,974 $502,200 $379,000 $123,200
2016 $9,713 $502,200 $379,000 $123,200
2015 $9,347 $502,200 $379,000 $123,200
2014 $9,277 $502,200 $379,000 $123,200
Source: Public Records

Agents Affiliated with this Home

  • TC

    Seller's Agent in 2021

    TRACEY CASTELLANO

    KELLER WILLIAMS REALTY

  • CF

    Buyer's Agent in 2021

    Catherine Frates

    BHHS FOX & ROACH

    (908) 580-5000

    48 Total Sales

    Catherine Frates
    Section Image

  • LS

    Seller's Agent in 2019

    Lauren Stagg

    Redfin Corporation

    Lauren Stagg
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3691933

Garden State MLS

APN: 04-00055-0000-00060

New Jersey Morris County Chatham 07928

71 N Summit Ave, Chatham, NJ

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Information deemed reliable but not guaranteed.
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Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



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