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15 Ward Place

15 Ward Place, Chatham, NJ 07928
Property in Morris
Sold Apr 20, 2020
$880,000
$80,000 by Figure Lending Llc
Mortgage Due Mar 28, 2033
Local assessors in Chatham, NJ have categorized 15 Ward Place as a residential type of property. The home was built in 1919 and is 105 years old. The property's lot size has been calculated to be 10,171 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 1,130 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 15 Ward Place has a total of 2,336 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15 Ward Place was last sold in Apr 10, 2020 for $880,000. According to our calculations, that's $376.71 per sqft. Current property owners are expected to pay $13,091 in taxes per year. The property on 15 Ward Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $842,400. To break that down further, the land itself was valued at $472,500. While improvements to the property were assessed at a total of $369,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,171
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,336
  • Building Area: 2,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,336
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : POTTS MATTHEW
  • Current Owner 2: POTTS ERIN
  • Previous Owner : FIFE PETER S
  • Previous Owner 2: FIFE VICTORIA W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042700

Zoning

  • Zoning: R-2

Geography

  • Account Number: 30250004
  • District: 04
  • Parcel: 04 00079-0000-00009
  • Block: 79
  • Lot: 9
  • Municipality: CHATHAM BORO
  • Latitude: 40.7424
  • Longitude: -74.3864

    Address

  • Full Address: 15 Ward Pl
  • Address - House Number: 15
  • Address - Street Name: Ward
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2234
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,091

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,068,007
  • High Value: 1,248,118
  • Low Value: 887,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: FIGURE LENDING LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2023
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 28, 2033

    Market Valuation

  • Market Total Value: $784,504
  • Market Land Value: $440,026
  • Market Improvement Value: $344,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,400
  • Assessed Land Value: $472,500
  • Assessed Improvements Value: $369,900

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Transaction ID: 11757554150
  • Current Sale Price: $880,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020024113

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 20, 2020
  • First Mortgage Loan Amount: $704,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Chatham



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Frequently Asked Questions

What neighborhood is 15 Ward Place located in?
The 15 Ward Place is a located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 15 Ward Place?
The average sales price for units in 15 Ward Place is $0 currently.

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