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2 Woodlawn Drive

2 Woodlawn Drive, Chatham, NJ 07928
Property in Morris
Sold May 14, 2002
$330,000
Buyer
Seller
Sold Jan 18, 2001
$288,000
$259,200 by Weichert Financial Services
Mortgage Due Feb 01, 2031
Local assessors in Chatham, NJ have categorized 2 Woodlawn Drive as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 10,302 square feet. 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 2 Woodlawn Drive has a total of 1,224 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 Woodlawn Drive sold most recently in May 6, 2002 for a total of $330,000. If you work out the math, that's approximately a cost of $269.61 per sqft. Before that, the property was also sold for $288,000 in Jan 12, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,350 in taxes each year. 2 Woodlawn Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,900. If we break it down further, the land itself was valued at $338,600. Improvements to the property, however, were assessed at a total of $88,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,302
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WIPF CAROL
  • Previous Owner : LEE EDWIN
  • Owner Before Previous Owner: WOSLEGER JEFFREY
  • Owner Before Previous Owner 2: WOSLEGER PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 044000

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 3194
  • District: 05
  • Parcel: 05 00057-0000-00017
  • Block: 57
  • Lot: 17
  • Municipality: CHATHAM TWP
  • Latitude: 40.7106
  • Longitude: -74.4267

    Address

  • Full Address: 2 Woodlawn Dr
  • Address - House Number: 2
  • Address - Street Name: Woodlawn
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C010
  • 4-Digit Zip Code: 1163
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,350

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 686,629
  • High Value: 793,887
  • Low Value: 579,371

    Market Valuation

  • Market Total Value: $524,576
  • Market Land Value: $416,073
  • Market Improvement Value: $108,503

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,900
  • Assessed Land Value: $338,600
  • Assessed Improvements Value: $88,300

    Sales

  • Current Sale Contract Date: May 06, 2002
  • Current Sale Recording Date: May 14, 2002
  • Current Sale Transaction ID: 1192459297
  • Current Sale Price: $330,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 18, 2001
  • Previous Sale Contract Date: Jan 12, 2001
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG
  • First Mortgage Transaction Date: May 14, 2002
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Jan 18, 2001
  • Previous Mortgage Loan Amount: $259,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Feb 01, 2031

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Frequently Asked Questions

What neighborhood is 2 Woodlawn Drive located in?
The 2 Woodlawn Drive is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 2 Woodlawn Drive?
The average sales price for units in 2 Woodlawn Drive is $0 currently.

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