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458 Fairmount Avenue

458 Fairmount Avenue, Chatham, NJ 07928
Property in Morris
Sold May 20, 2013
$675,000
$540,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2028
Local assessors in Chatham, NJ have categorized 458 Fairmount Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 19,950 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 458 Fairmount Avenue has a total of 2,079 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, 458 Fairmount Avenue sold most recently in Mar 22, 2013 for a total of $675,000. If you work out the math, that's approximately a cost of $324.68 per sqft. 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 $10,942 in taxes each year. 458 Fairmount Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $559,400. If we break it down further, the land itself was valued at $360,300. Improvements to the property, however, were assessed at a total of $199,100. 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. 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.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: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,950
  • Total Building Area: 2,079
  • Building Area: 2,079
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,079
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.458
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SEN SUMAN KUMAR
  • Current Owner 2: SEN PARAMITA SEN
  • Previous Owner : KELLY DONALD T
  • Previous Owner 2: KELLY ELIZBAETH A
  • 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 47
  • Account Number: 1544
  • District: 05
  • Parcel: 05 00048- 02-00044
  • Block: 48.02
  • Lot: 44
  • Municipality: CHATHAM TWP
  • Latitude: 40.7202
  • Longitude: -74.4099

    Address

  • Full Address: 458 Fairmount Ave
  • Address - House Number: 458
  • 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: $10,942

    Appraisal Valuation

  • Standard Deviation: 0.2038
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 1,030,993
  • High Value: 1,241,206
  • Low Value: 820,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 20, 2013
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2028

    Market Valuation

  • Market Total Value: $687,393
  • Market Land Value: $442,738
  • Market Improvement Value: $244,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $559,400
  • Assessed Land Value: $360,300
  • Assessed Improvements Value: $199,100

    Sales

  • Current Sale Contract Date: Mar 22, 2013
  • Current Sale Recording Date: May 20, 2013
  • Current Sale Transaction ID: 1121191071
  • Current Sale Price: $675,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2013040383

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 20, 2013
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2028

About Morris



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Frequently Asked Questions

What neighborhood is 458 Fairmount Avenue located in?
The 458 Fairmount Avenue is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 458 Fairmount Avenue?
The average sales price for units in 458 Fairmount Avenue is $0 currently.

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