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444 Fairmount Avenue

444 Fairmount Avenue, Chatham, NJ 07928
Property in Morris
Sold May 24, 2021
$860,000
$602,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2051
Sold Mar 12, 2003
$565,000
$350,000 by Wells Fargo Home Mtg
Mortgage
Local assessors in Chatham, NJ have categorized 444 Fairmount Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 27,704 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. 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 444 Fairmount Avenue has a total of 2,406 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 444 Fairmount Avenue was last sold in May 4, 2021 for $860,000. According to our calculations, that's $357.44 per sqft. Prior to that sales transaction, the property was sold for $565,000 in Feb 21, 2003. Current property owners are expected to pay $12,405 in taxes per year. The property on 444 Fairmount Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $634,200. To break that down further, the land itself was valued at $462,200. While improvements to the property were assessed at a total of $172,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,704
  • Total Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.636
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHAH VIRENDRA
  • Current Owner 2: SHAH RAKSHA
  • Previous Owner : IORIO SALVATORE
  • Previous Owner 2: IORIO CATHRYN
  • Owner Before Previous Owner: SCHWARTZ ROY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 47
  • Account Number: 1538
  • District: 05
  • Parcel: 05 00048- 02-00041
  • Block: 48.02
  • Lot: 41
  • Municipality: CHATHAM TWP
  • Latitude: 40.7208
  • Longitude: -74.4089

    Address

  • Full Address: 444 Fairmount Ave
  • Address - House Number: 444
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C010
  • 4-Digit Zip Code: 1327
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,405

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 983,437
  • High Value: 1,135,134
  • Low Value: 831,740

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $677,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $602,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: AFFINITY FCU
  • Second Open Lien Mortgage Recording Date: Oct 07, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 18, 2051

    Market Valuation

  • Market Total Value: $779,307
  • Market Land Value: $567,953
  • Market Improvement Value: $211,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $634,200
  • Assessed Land Value: $462,200
  • Assessed Improvements Value: $172,000

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836064355
  • Current Sale Price: $860,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021049424
  • Previous Sale Recording Date: Mar 12, 2003
  • Previous Sale Contract Date: Feb 21, 2003
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $602,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG
  • Previous Mortgage Transaction Date: Mar 12, 2003
  • Previous Mortgage Loan Amount: $350,000

About Morris



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Frequently Asked Questions

What neighborhood is 444 Fairmount Avenue located in?
The 444 Fairmount Avenue is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 444 Fairmount Avenue?
The average sales price for units in 444 Fairmount Avenue is $0 currently.

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