$990,000
SOLD JUN 8, 2016

80 Chapin Rd Bernardsville, NJ 07924

5.02 Acres
$197,211 Price per Acre
218,671 Sq Ft Lot

Recently Sold

17% Below List Price

45 Days on Market

About This Lot

As of October 2021

This home is located at 80 Chapin Rd, Bernardsville, NJ 07924 and is currently priced at $990,000. 80 Chapin Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Agent to Sell the Property

John Bendall

RE/MAX CLASSIC GROUP Brokerage Phone: 908-231-0700 Listed on: 03/01/2016

RE/MAX CLASSIC GROUP

Last Buyer's Agent

SWARNA VENKATESAN

NEW AND MODERN GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,183

Lot Details

  • 5.02 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$40,183

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4603595
  • Modified: 2017-06-09
  • Attribution Contact: 908-231-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 5.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 28, 2021
Sold by
Gonzalez Gabriel and Perez Julian
Bought by
Bari Fazal and Bari Sanya
Seller's Agent
DIANE STATILE
PROMINENT PROPERTIES SIR
Buyer's Agent
Sabahat Laeeq
KELLER WILLIAMS SUBURBAN REALTY
List Price
$2,600,000
Sold Price
$2,075,000
Premium/Discount to List
-$525,000
-20.19%
Current Estimated Value
$2,457,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,163
Avg. Annual Appreciation
4.45%
Original Mortgage
$600,000
Outstanding Balance
$548,951
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,908,212

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 6, 2016
Sold by
Kirschenbaum Paulenne
Bought by
Perez Julian and Gonzalez Gabriel
Seller's Agent
John Bendall
RE/MAX CLASSIC GROUP
Buyer's Agent
SWARNA VENKATESAN
NEW AND MODERN GROUP
List Price
$1,199,000
Sold Price
$990,000
Premium/Discount to List
-$209,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$792,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,075,000 Fidelity National Ttl Ins Co
Deed $990,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $792,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $2,075,000 -20.2% --
09/24/2021 09/24/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $2,600,000 +162.6% --
06/08/2016 06/08/16 Sold $990,000 -17.4% --
04/15/2016 04/15/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,199,000 -- --
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 $40,183 $2,219,400 $850,700 $1,368,700
2024 $40,183 $2,055,400 $780,400 $1,275,000
2023 $38,946 $1,938,600 $729,300 $1,209,300
2022 $38,653 $1,880,000 $708,200 $1,171,800
2021 $29,292 $1,396,200 $660,800 $735,400
2020 $20,070 $953,900 $660,800 $293,100
2019 $20,616 $1,011,600 $710,800 $300,800
2018 $20,199 $1,014,500 $760,800 $253,700
2017 $18,567 $963,500 $783,900 $179,600
2016 $22,114 $1,178,800 $882,600 $296,200
2015 $20,795 $1,132,000 $802,300 $329,700
2014 $17,365 $949,400 $735,600 $213,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3285658

Garden State MLS

APN: 03-00003-0000-00005