NOT LISTED FOR SALE

1 Lost Tree Ln Ramsey, NJ 07446

Estimated Value: $1,618,821 - $1,958,000

5 Beds
3.5 Baths
4,112 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,330,000 $323 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,788/month

19 Days on Market

Highlights

  • 40,249 Sq Ft lot
  • Views to the East
  • Corner Lot
  • Ramsey High School Rated A
  • Multiple Fireplaces
  • En-Suite Primary Bedroom

About This Home

As of March 2023

This classically beautiful home is set on one of the most desirable cul-de-sacs in town! No expense was spared when building this estate just 15 years ago! Upon entering you will be greeted by sweeping ceilings. Off the entryway there is an elegant LR/office. A stately DR flows into a great room w/a gas fireplace. The kitchen features custom cabinetry, a large island & chef's appliances. On this floor you will also find a useful 1st floor BR & full bath. Upstairs there is a primary retreat w/2nd fireplace, walk in closet & spa like primary bath, 3 additional BRs & another full bath. You will be surprised by the exquisite lower level that has been custom designed with sound proof walls, a bar, rec room/gym, movie area & powder room. The huge private yard has been beautifully landscaped & showcases a gorgeous patio that is begging to be the destination of many happy gatherings. WANT MORE INFO? CONTACT LISTING AGENT NICOLE MINETTI @ 201-388-0077 or nicole@minettidennisgroup.com

Last Agent to Sell the Property

Nicole Minetti

Keller Williams Village Square Realty Listed on: 01/18/2023

Keller Williams Village Square Realty

Last Buyer's Agent

Jeff Vandermolen

Terrie O'Connor Realtors-Wyckoff

Terrie O'Connor Realtors-Wyckoff

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,613

Lot Details

  • 0.92 Acre Lot
  • Corner Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Dater Elementary School
  • Eric Smith Middle School
  • Ramsey High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 02101

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,613

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: East
  • Co List Office Phone: 201-445-4300
  • Outside Inclusions: See Included/Excluded in DOCUMENTS
  • MLS Status: Sold - Sold
  • Directions: Darlington Ave to Lost Tree Lane
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Rec Room, Bar, Movie Area, 1/2 Bath, Gym, Storage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Stucco, Stone Faced

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned

Schools

  • Elementary School: Dater E.S.
  • High School: Ramsey H.S.
  • Middle Or Junior School: Eric Smith M.S.
  • Elementary: Dater E.S.

Lot Info

  • Lot Size Sq Ft: 40249.0

Tax Info

  • Tax Annual Amount: 28613.0
  • Tax Block: 02101
  • Tax Lot: 00001

MLS Schools

  • High School Text: Ramsey H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 30, 2023
Sold by
Palumbo Paul and Palumbo Dawn
Bought by
Mcmahon Thomas and Mcmahon Alicia
Seller's Agent
Nicole Minetti
Keller Williams Village Square Realty
Buyer's Agent
Jeff Vandermolen
Terrie O'Connor Realtors-Wyckoff
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%
Views
67
Current Estimated Value
$1,730,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,705
Avg. Annual Appreciation
10.88%
Original Mortgage
$1,064,000
Outstanding Balance
$1,031,032
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$699,673

Purchase Details

Closed on
Aug 23, 2006
Sold by
Kryger Sanford
Bought by
Palumbo Paul and Palumbo Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,147,500
Interest Rate
6.83%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcmahon Thomas $1,330,000 Chicago Title
Redacted Upon Request $1,330,000 Chicago Title
Palumbo Paul $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $1,064,000
Closed Redacted Upon Request $1,064,000
Previous Owner Palumbo Paul $1,147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $1,330,000 -1.5% $323 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1,350,000 -- $328 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,344 $1,650,300 $456,300 $1,194,000
2024 $30,400 $1,110,700 $346,100 $764,600
2023 $28,945 $1,110,700 $346,100 $764,600
2022 $28,945 $1,103,500 $346,100 $757,400
2021 $28,614 $1,103,500 $346,100 $757,400
2020 $28,360 $1,103,500 $346,100 $757,400
2019 $27,124 $1,103,500 $346,100 $757,400
2018 $26,451 $1,103,500 $346,100 $757,400
2017 $25,954 $1,103,500 $346,100 $757,400
2016 $25,237 $1,103,500 $346,100 $757,400
2015 $23,518 $870,700 $331,200 $539,500
2014 $23,117 $870,700 $331,200 $539,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23001671

New Jersey MLS

APN: 48-02101-0000-00001-02