Check Availability

12 Joanna Way

12 Joanna Way, Chatham, NJ 07928
Property in Morris
Sold Oct 29, 2021
$2,840,000
$700,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2041
Sold Nov 12, 2020
$920,000
12 Joanna Way has been categorized by the local assessors in Chatham, NJ as a residential type of property. The building on the property was first built in 2021 and is 3 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12 Joanna Way has 4,744 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,042 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 5, 2021 for $2,840,000. That's $598.65 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2020 for $920,000. 12 Joanna Way was last assessed in 2023. The total value of the property was assessed at $2,354,500. Specifically, the land the property is located on was valued at $646,000. While improvements on the property were assessed at a total of $1,708,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $46,054. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,042
  • Total Building Area: 4,744
  • Building Area: 4,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU JUNJIAN
  • Current Owner 2: FANG JUANZHI
  • Previous Owner : S DEMARZO AND SONS LLC
  • Owner Before Previous Owner: SORACE ANTHONY F
  • Owner Before Previous Owner 2: ESTATE OF CATHERINE SORACE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 043900

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 54
  • Account Number: 4654
  • District: 05
  • Parcel: 05 00070-0000-00024
  • Block: 70
  • Lot: 24
  • Municipality: CHATHAM TWP
  • Latitude: 40.728
  • Longitude: -74.4065

    Address

  • Full Address: 12 Joanna Way
  • Address - House Number: 12
  • Address - Street Name: Joanna
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C013
  • 4-Digit Zip Code: 2968
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $46,054

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 2,858,450
  • High Value: 3,216,648
  • Low Value: 2,500,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $2,893,217
  • Market Land Value: $793,807
  • Market Improvement Value: $2,099,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,354,500
  • Assessed Land Value: $646,000
  • Assessed Improvements Value: $1,708,500

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11863498453
  • Current Sale Price: $2,840,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021089303
  • Previous Sale Recording Date: Nov 12, 2020
  • Previous Sale Contract Date: Oct 16, 2020
  • Previous Sale Amount: $920,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2041

About Morris



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 22d Heritage Drive, Chatham Township, NJ, 07928

$2,300 /mo

  • 1 Bed
  • 1 Bath
22d Heritage Drive, Chatham Township, NJ, 07928 Listing by RHP Realty New Jersey

Frequently Asked Questions

What neighborhood is 12 Joanna Way located in?
The 12 Joanna Way is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 12 Joanna Way?
The average sales price for units in 12 Joanna Way is $0 currently.

Quantcast