NOT LISTED FOR SALE

80 May Dr Chatham, NJ 07928

Estimated Value: $2,018,000 - $2,162,000

5 Beds
4.5 Baths
3,049 Sq Ft
$686/Sq Ft Est. Value

Last Sold September 19, 2019

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

Est. 54% increase in value since last sale

Current estimated payment $12,508/month

91 Days on Market

Highlights

  • Custom Home
  • Recreation Room
  • Great Room
  • Chatham High School Rated A+
  • Wood Flooring
  • Mud Room

About This Home

As of September 2019

PRICE IMPROVEMENT! Situated on almost one-half acre in the highly prestigious Rolling Hill section, this 5 bedroom, 4.1 bath has it all! Open floor plan Kitchen and Great Room. Chef's kitchen boasts a huge center island for fabulous gatherings, marble counters, elegant white custom cabinets, high-end stainless steel appliances. Enjoy the Great Room which is open to the Kitchen. Formal Dining Room. Wood floors, abundant natural light. 2nd floor -- 3 bedrooms and 2 full baths, one ensuite. 3rd floor 2 BR and 2 Baths. Master Bedroom suite with several walk-in closets and a gorgeous bath -- soaking tub and a large shower. Ground level Powder Room and Family Room. Finished basement has amazing space for play and recreation. 2 car attached garage. Private, expansive backyard with patio.

Last Agent to Sell the Property

DEBRA CLARK

COLDWELL BANKER REALTY Listed on: 04/03/2019

Last Buyer's Agent

DEBRA CLARK

COLDWELL BANKER REALTY Listed on: 04/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,524

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Mud Room
  • Entrance Foyer
  • Great Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Carbon Monoxide Detectors

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Lafayette Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 2305-00102-0004-00030-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,524

Year Built

Built in 1960

Lot Details

0.48 Acres

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1960
  • County Name: Morris
  • Directions: Noe Ave. to May Drive
  • I D: 4876247
  • Section Subdiv Development: Rolling Hills
  • First Name: DEBRA
  • First Name3: DEBRA
  • Last Name: CLARK
  • Last Name3: CLARK
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Dining Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 16x20
  • Kitchen Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x12
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 14x16
  • Other Room2 Level: Ground
  • Other Room 3: MudRoom
  • Other Room3 Level: Ground
  • Other Room 4: PowderRm
  • Other Room4 Level: Ground
  • Level 1 Rooms: Foyer, Dining Room, Great Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: MudRoom, Walkout, Powder Room, Rec Room
  • Phone: 908-522-1800

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Schools

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

Lot Info

  • Lot Size: 115X180
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.48

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18524
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2305-00102-0004-00030-0000-
  • Tax Rate Amount: 1.833
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lafayette

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
$2,104,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,173
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,026,562
Outstanding Balance
$882,836
Interest Rate
2.75%
Mortgage Type
Assumption
Estimated Equity
$1,208,268

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Joseph T $930,000
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 List to Sale Price per Sq Ft
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
Source: Garden State MLS

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 $20,101 $1,010,600 $627,800 $382,800
2024 $19,767 $1,010,600 $627,800 $382,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3544391

Garden State MLS

APN: 05-00102-04-00030

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