NOT LISTED FOR SALE

1 S Mountain Terrace Montclair, NJ 07042

Estimated Value: $1,672,986 - $1,995,000

4 Beds
5 Baths
3,310 Sq Ft
$545/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $905,000 $273 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $12,237/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Wood Burning Stove
  • Marble Flooring
  • Hillside School Rated A
  • Recreation Room
  • Sun or Florida Room

About This Home

As of August 2017

Elegant yet comfortable, this well built 1940 colonial is gracious and spacious throughout. Gleaming, chef's kitchen with laundry room and mudroom. Wet bar leads into family room with doors to screened porch overlooking private patio and landscaped backyard. Romantic master suite with bath and dressing room. Finished basement. Sweetly located on extremely quiet street yet close to NYC transportation. A gem!

Last Agent to Sell the Property

Kathleen McDonough

PROMINENT PROPERTIES SIR Listed on: 06/16/2017

PROMINENT PROPERTIES SIR

Last Buyer's Agent

DIANE RUSSELL

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,737

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Slate Roof

Interior Spaces

  • Wet Bar
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Electric Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-00202-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,737

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: DR CHANDLIER, BASEMENT FRIDGE, LACQUER SHELF IN FAMILY ROOM
  • Street Number Display: 1
  • Directions: So Mountain to Gates Ave to So Mountain Terrace
  • I D: 4723397
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: KATHLEEN
  • First Name3: DIANE
  • Last Name: MCDONOUGH
  • Last Name3: RUSSELL
  • Office Phone: 973-783-6900
  • Office Phone3: 290487
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Marble, Wood
  • Fireplace Description: Wood Stove-Freestanding, Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Freezer-Freestanding, OvnWElec, Refrigerator, CookGas, Washer, Dishwasher, Self Cleaning Oven, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven, Sump Pump
  • Interior Amenities: SoakTub, Bar-Wet, StallShw, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Shades, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower, Tub Only, Soaking Tub
  • Bathrooms: 2.30
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Description: French Drain, Full, Walkout, Finished-Partially
  • Basement Level Rooms: Powder Room, Storage Room, Rec Room, Utility Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Pantry, Eat-In Kitchen
  • Level 1 Rooms: Family Room, Powder Room, Sunroom, Foyer, Screened, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Office, Bath Main
  • Phone: 973-783-6900

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Sidewalk, Wood Fence, Storage Shed, Patio, Underground Lawn Sprinkler, Enclosed Porch(es), Metal Fence
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: MAGNET
  • Middle School: MAGNET
  • High School: MONTCLAIR
  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 14640SF
  • Assessed Improvement Value: 475300
  • Assessed Land Value: 343000
  • Assessment: 818300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 29737
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-00202-0000-00005-0000-
  • Tax Rate Amount: 3.634
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Aug 16, 2017
Sold by
Besser Richard E and Besser Jeanne L
Bought by
Savoca Steven and Savoca Julia
Seller's Agent
Kathleen McDonough
PROMINENT PROPERTIES SIR
Buyer's Agent
DIANE RUSSELL
COMPASS NEW JERSEY, LLC
List Price
$895,000
Sold Price
$905,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,805,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,247
Avg. Annual Appreciation
8.40%
Original Mortgage
$425,000
Outstanding Balance
$355,942
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,370,252

Purchase Details

Closed on
Jun 25, 2010
Sold by
Pitts Byron A and Pitts Carolyne J
Bought by
Besser Richard E and Besser Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2000
Sold by
Heggie Iain
Bought by
Pitts Byron A and Pitts Carolyne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
7.01%

Purchase Details

Closed on
Jul 15, 1991
Sold by
Mcdonald Jacquelyn
Bought by
Heggie Iain and Heggie Theresa

Purchase Details

Closed on
Jul 3, 1990
Sold by
Mcdonald James and Mcdonald Jacquelyn
Bought by
Mcdonald Jacquelyn M
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
Savoca Steven $905,000 --
Besser Richard E $979,000 First American Title Ins Co
Pitts Byron A $731,000 --
Heggie Iain $400,000 --
Mcdonald Jacquelyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savoca Steven $425,000
Previous Owner Besser Jeanne L $520,400
Previous Owner Besser Richard E $750,000
Previous Owner Pitts Byron A $350,000
Previous Owner Pitts Byron A $630,000
Previous Owner Pitts Byron A $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $905,000 +1.1% $273 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $895,000 -- $270 / Sq Ft
Source: Garden State 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 $28,808 $852,300 $348,200 $504,100
2024 $28,808 $852,300 $348,200 $504,100
2022 $28,024 $852,300 $348,200 $504,100
2021 $27,538 $852,300 $348,200 $504,100
2020 $27,095 $852,300 $348,200 $504,100
2019 $26,813 $852,300 $348,200 $504,100
2018 $26,370 $852,300 $348,200 $504,100
2017 $30,555 $818,300 $343,000 $475,300
2016 $29,737 $818,300 $343,000 $475,300
2015 $28,853 $818,300 $343,000 $475,300
2014 $27,888 $818,300 $343,000 $475,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3397053

Garden State MLS

APN: 13-00202-0000-00005