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16 Candace Lane

16 Candace Lane, Chatham, NJ 07928
Property in Morris
Sold Dec 02, 2009
$2,395,000
Sold May 22, 2008
$2,680,000
$1,876,000 by Bank Of America Na
Mortgage Due Jun 01, 2038
16 Candace Lane has been categorized by the local assessors in Chatham, NJ as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The building has a total of 2 stories. In addition, 16 Candace Lane has 5,263 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 52,141 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the 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, 16 Candace Lane sold most recently in Nov 20, 2009 for a total of $2,395,000. If you work out the math, that's approximately a cost of $455.06 per sqft. Before that, the property was also sold for $2,680,000 in May 15, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $44,010 in taxes each year. 16 Candace Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,250,000. If we break it down further, the land itself was valued at $683,700. Improvements to the property, however, were assessed at a total of $1,566,300. 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. 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. 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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 52,141
  • Total Building Area: 5,263
  • Building Area: 5,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,263
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.197
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GEIS COREY
  • Current Owner 2: GEIS ERICA
  • Previous Owner : ROLLING HILL COMPANY
  • Owner Before Previous Owner: ROLLING HILL CO
  • 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 23
  • District: 05
  • Parcel: 05 00036-0000-00016- 01
  • Block: 36
  • Lot: 16.01
  • Municipality: CHATHAM TWP
  • Latitude: 40.7036
  • Longitude: -74.4332

    Address

  • Full Address: 16 Candace Ln
  • Address - House Number: 16
  • Address - Street Name: Candace
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C014
  • 4-Digit Zip Code: 1117
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $44,010

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 2,907,871
  • High Value: 3,272,262
  • Low Value: 2,543,480

    Market Valuation

  • Market Total Value: $2,764,807
  • Market Land Value: $840,133
  • Market Improvement Value: $1,924,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250,000
  • Assessed Land Value: $683,700
  • Assessed Improvements Value: $1,566,300

    Sales

  • Current Sale Contract Date: Nov 20, 2009
  • Current Sale Recording Date: Dec 02, 2009
  • Current Sale Transaction ID: 1102730496
  • Current Sale Price: $2,395,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009095447
  • Previous Sale Recording Date: May 22, 2008
  • Previous Sale Contract Date: May 15, 2008
  • Previous Sale Amount: $2,680,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASTORIA FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 02, 2009
  • First Mortgage Loan Amount: $1,495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2039

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: May 22, 2008
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,876,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Morris



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Frequently Asked Questions

What neighborhood is 16 Candace Lane located in?
The 16 Candace Lane is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 16 Candace Lane?
The average sales price for units in 16 Candace Lane is $0 currently.

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