NOT LISTED FOR SALE

118 Redmont Rd Watchung, NJ 07069

Estimated Value: $932,000 - $1,017,000

3 Beds
2 Baths
-- Sq Ft
1.38 Acres

Last Sold October 26, 2018

Last sale price $696,000

Est. 41% increase in value since last sale

Current estimated payment $6,703/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Corner Lot
  • Bayberry Elementary School Rated A-
  • Main Floor Bedroom
  • Workshop

About This Home

As of October 2018

Eclectic mid-century contemporary ranch home nestled in Watchung mountain, inspired by Architect Sidney Shelov, constructed with steel beams, Wall to Wall and Floor to ceiling large windows with the southern exposure, sunny & bright home with amazing private back yard, Newly installed exquisite double door entry leads to utmost inviting bright rooms, Handsome kitchen with elegant wood floor, beautiful walnut cabinetry, granite tops, center island with attached breakfast table and upscale appliances, kitchen has a beautiful door to Epay wood deck for BBQ, large Kitchen was updated with the great modern taste, There are three bedrooms including spacious master suite with full bath, huge walk out basement has high ceiling and big open space without columns and over sized two garages with plenty of storage.

Last Agent to Sell the Property

Chris Joo

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 08/27/2018

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Chris Joo

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 08/27/2018

KELLER WILLIAMS TOWNE SQUARE REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,932

Year Built

  • Built in 1955

Lot Details

  • 1.38 Acre Lot
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Additional Parking

Home Design

  • Contemporary Architecture
  • Rubber Roof
  • Vertical Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Utility Room
  • Laundry Room
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2721-04309-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,932

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 118
  • Directions: Valley Rd. to Redmont, Turn to Old Somerset ( Front facing Old Somerset) , Circlular Drive Way
  • I D: 4830810
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CHRIS
  • First Name3: CHRIS
  • Last Name: JOO
  • Last Name3: JOO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, OvnWElec, CookElec, Dishwasher, Disposal, Microwave Oven
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Workshop
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Kitchen Dim: 24x14
  • Kitchen Level: First
  • Living Room Dim: 25x19
  • Living Room Level: First
  • Level 1 Rooms: Foyer, 3 Bedrooms, Living Room, Pantry, Dining Room, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Phone: 908-561-5400

Exterior Features

  • Exterior Description: Vertical Siding
  • Roof Description: Rubberized

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Additional Parking, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: BAYBERRY
  • Middle School: VALLY VIEW
  • High School: WATCHUNG
  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: 1.38 AC
  • Assessed Improvement Value: 302600
  • Assessed Land Value: 255000
  • Assessment: 557600
  • Easement: Unknown
  • Lot Description: Corner, Wooded Lot
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.38

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10932
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-04309-0000-00007-0000-
  • Tax Rate Amount: 1.979
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: BAYBERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Oct 15, 2018
Sold by
Schwocho Lee R and Schwocho Jane A
Bought by
Espasa Alexander and Espasa Chiara
Seller's Agent
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$615,000
Sold Price
$696,000
Premium/Discount to List
$81,000
13.17%
Current Estimated Value
$980,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,217
Avg. Annual Appreciation
5.22%
Original Mortgage
$540,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002
Sold by
Gopinath Karin
Bought by
Schwocho Lee and Schwocho Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.16%

Purchase Details

Closed on
Jul 29, 1988
Sold by
Levy Miltn A and Levy Charlotte H
Bought by
Gopinath Bhaskarpillah and Gopinath Karin U
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
Espasa Alexander $696,000 Westcor Land Title Ins Co
Schwocho Lee $540,000 --
Gopinath Bhaskarpillah $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espasa Alexander $530,000
Closed Espasa Alexander $535,000
Closed Espasa Alexander $540,000
Previous Owner Schwocho Lee $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $696,000 +13.2% --
09/05/2018 09/05/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $615,000 -- --
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
2024 $15,467 $774,100 $315,600 $458,500
2023 $14,840 $727,100 $292,200 $434,900
2022 $14,785 $703,700 $283,500 $420,200
2021 $12,707 $665,700 $260,100 $405,600
2020 $13,932 $654,700 $255,000 $399,700
2019 $12,707 $612,400 $255,000 $357,400
2018 $11,102 $557,600 $255,000 $302,600
2017 $10,932 $552,400 $238,200 $314,200
2016 $11,356 $543,100 $238,200 $304,900
2015 $10,929 $516,000 $227,000 $289,000
2014 $10,617 $507,000 $227,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3497375

Garden State MLS

APN: 21-04309-0000-00007