NOT LISTED FOR SALE

80 May Dr Chatham, NJ 07928

Estimated Value: $2,095,000 - $2,195,000

5 Beds
5 Baths
3,049 Sq Ft
$701/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $1,368,750 $449 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $13,298/month

About This Home

As of September 2019

This home is located at 80 May Dr, Chatham, NJ 07928 and is currently estimated at $2,137,198, approximately $700 per square foot. 80 May Dr is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and Chatham Day School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Sep 19, 2019
Sold by
Arens Joseph T
Bought by
Mihelc Eric and Mihelc Erika
Seller's Agent
DEBRA CLARK
COLDWELL BANKER REALTY
Buyer's Agent
DEBRA CLARK
COLDWELL BANKER REALTY
List Price
$1,475,000
Sold Price
$1,368,750
Premium/Discount to List
-$106,250
-7.2%
Current Estimated Value
$2,127,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,193
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,026,562
Outstanding Balance
$895,739
Interest Rate
2.75%
Mortgage Type
Assumption
Estimated Equity
$1,154,041

Purchase Details

Closed on
Jun 1, 2016
Sold by
Arens Joseph T and Arnes Jill M
Bought by
Arens Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 2011
Sold by
Bryant Thomas and Bryant Kathryn
Bought by
Arens Joseph T and Arens Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,600
Interest Rate
4.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 8, 2006
Sold by
Lurie Herbert
Bought by
Bryant Thomas and Bryant Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Mihelc Eric $1,368,750 Nrt Title Agency Llc
Arens Joseph T -- Break Water Title Agency Llc
Arens Joseph T $1,114,500 None Available
Bryant Thomas $994,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihelc Eric $1,026,562
Previous Owner Arens Joeph T $226,945
Previous Owner Arens Joseph T $930,000
Previous Owner Arens Joseph T $852,489
Previous Owner Arens Joseph T $100,000
Previous Owner Arens Joseph T $10,000
Previous Owner Arens Joseph T $880,000
Previous Owner Arens Joseph T $54,890
Previous Owner Arens Joseph T $162,600
Previous Owner Arens Joseph T $729,000
Previous Owner Bryant Thomas $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $1,368,750 -2.2% $449 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/18/2019 06/18/19 Price Changed $1,400,000 -1.8% $459 / Sq Ft
05/14/2019 05/14/19 Price Changed $1,425,000 -3.4% $467 / Sq Ft
04/03/2019 04/03/19 For Sale $1,475,000 -- $484 / Sq Ft

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 $19,767 $1,010,600 $627,800 $382,800
2023 $19,767 $1,010,600 $627,800 $382,800
2022 $19,515 $1,010,600 $627,800 $382,800
2021 $19,515 $1,010,600 $627,800 $382,800
2020 $19,131 $1,010,600 $627,800 $382,800
2019 $18,737 $1,010,600 $627,800 $382,800
2018 $18,524 $1,010,600 $627,800 $382,800
2017 $18,059 $1,010,600 $627,800 $382,800
2016 $17,776 $1,010,600 $627,800 $382,800
2015 $17,706 $1,010,600 $627,800 $382,800
2014 $17,564 $1,010,600 $627,800 $382,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    DEBRA CLARK

    COLDWELL BANKER REALTY

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Map

New Jersey Morris County Chatham 07928

80 May Dr, Chatham, NJ

This home is located at 80 May Dr, Chatham, NJ 07928 and is currently estimated at $2,137,198, approximately $700 per square foot. 80 May Dr is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and Chatham Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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