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84 May Drive

84 May Drive, Chatham, NJ 07928
Property in Morris
Sold Sep 02, 2020
$3,030,000
$1,999,999 by Ubs Bank Usa
Mortgage Due Sep 01, 2050
Sold Oct 16, 2019
$1,125,000
$1,643,695 by Fulton Bank Na
Mortgage
Local assessors in Chatham, NJ have categorized 84 May Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 26,031 square feet. If we look only at the heated or air conditioned part of the building, then 84 May Drive has a total of 5,257 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. The property was last sold in Aug 24, 2020 for $3,030,000. That's $576.37 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2019 for $1,125,000. 84 May Drive was last assessed in 2023. The total value of the property was assessed at $2,480,700. Specifically, the land the property is located on was valued at $709,800. While improvements on the property were assessed at a total of $1,770,900. 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 $48,522. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,031
  • Total Building Area: 5,257
  • Building Area: 5,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,257
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP FOR SCENERY HILL SECTION 2
  • Land Acres: 0.598
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GOODMAN STACEY
  • Current Owner 2: YAGODA ERIC
  • Previous Owner : CALUSA PARTNERS III LLC
  • Owner Before Previous Owner: TULLMAN MITCHELL
  • Owner Before Previous Owner 2: TULLMAN JUNE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 45
  • Account Number: 5829
  • District: 05
  • Parcel: 05 00102- 04-00032
  • Block: 102.04
  • Lot: 32
  • Municipality: CHATHAM TWP
  • Latitude: 40.7356
  • Longitude: -74.4148

    Address

  • Full Address: 84 May Dr
  • Address - House Number: 84
  • Address - Street Name: May
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C008
  • 4-Digit Zip Code: 1641
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,522

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 2,994,581
  • High Value: 3,369,838
  • Low Value: 2,619,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,999,999
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,999,999
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $3,048,291
  • Market Land Value: $872,204
  • Market Improvement Value: $2,176,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,480,700
  • Assessed Land Value: $709,800
  • Assessed Improvements Value: $1,770,900

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11788235022
  • Current Sale Price: $3,030,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020060310
  • Previous Sale Recording Date: Oct 16, 2019
  • Previous Sale Contract Date: Oct 03, 2019
  • Previous Sale Amount: $1,125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UBS BANK USA
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $1,999,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FULTON BANK NA
  • Previous Mortgage Transaction Date: Oct 16, 2019
  • Previous Mortgage Loan Amount: $1,643,695
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Morris



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 84 May Drive located in?
The 84 May Drive is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 84 May Drive?
The average sales price for units in 84 May Drive is $0 currently.

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