NOT LISTED FOR SALE

12 Downey Dr Tenafly, NJ 07670

Estimated Value: $1,357,000 - $1,543,000

4 Beds
2.5 Baths
2,350 Sq Ft
$615/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,347,000 $573 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,481/month

17 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • Rectangular Lot
  • Tenafly Middle School Rated A+
  • Baseboard Heating

About This Home

As of May 2024

Location, Location, Location!! Tastefully renovated & well maintained 4 BR & 2.5 BTH colonial home in prestigious Tenafly East Hill, close to NYC bus stop, Smith elementary school & houses of worship. South facing windows bring in lots of natural sunlight creating bright & lively indoor space. Large flat lot (75X152) is fully fenced in & beautifully landscaped providing perfect outdoor space for gatherings and relaxing. Open convenient layout w/ hardwood floors throughout. All bedrooms are bright and comfortably sized w/ large closets. Dry finished basement w/ ample storage. New updates include roof (2016), hot water heater (2017), kitchen (2018), french drain (2018), bathroom vanities (2018), central A/C (2018), washer (2021), backyard patio/fence/fire pit/landscaping (2022), siding/gutter (2023), front door (2023), heating furnace (2023), etc. Ready for you to move in before the new school year starts!

Last Agent to Sell the Property

Heesun Kang

Christie's International Real Estate Group-Fort Lee Listed on: 04/08/2024

Last Buyer's Agent

Fusheng Zhang

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,278

Year Built

  • 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x152
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Spencer J. Smith Elementary School
  • Tenafly Middle School
  • Tenafly High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00002 / 02002

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,278

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: South
  • Co List Office Phone: (201) 346-0200
  • MLS Status: Sold - Sold
  • Directions: Engle > Downey
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1950's,2010's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Finished Rec Rm, Laundry, Storage, Utility Rm

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Schools

  • Elementary School: Spencer J. Smith E.S
  • High School: Tenafly H.S.
  • Middle Or Junior School: Tenafly M.S.
  • Elementary: Spencer J. Smith E.S

Lot Info

  • Lot Dimensions: 75X152
  • Lot Size Sq Ft: 11325.0

Tax Info

  • Tax Annual Amount: 21278.0
  • Tax Block: 02002
  • Tax Lot: 00002

MLS Schools

  • High School Text: Tenafly H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
May 29, 2024
Sold by
Cha Jinyong and Kang Hye Seung
Bought by
Zhang Fusheng and Jia Tianyu
Seller's Agent
Heesun Kang
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Fusheng Zhang
EXP Realty, LLC
List Price
$1,290,000
Sold Price
$1,347,000
Premium/Discount to List
$57,000
4.42%
Total Days on Market
17
Views
61
Current Estimated Value
$1,444,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,124
Avg. Annual Appreciation
7.21%
Original Mortgage
$525,000
Outstanding Balance
$520,725
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$923,399

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jun 28, 2018
Sold by
Minbak Jong and Ahn Bo H
Bought by
Cha Jinyong and Kang Hye S
Seller's Agent
Connie Lee
Coldwell Banker, Alpine/Closter
Buyer's Agent
Heesun Kang
Christie's International Real Estate Group-Fort Lee
List Price
$925,000
Sold Price
$870,000
Premium/Discount to List
-$55,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$679,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
Source: Public Records

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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
Zhang Fusheng $1,347,000 None Listed On Document
Cha Jinyong $870,000 --
-- $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fusheng $525,000
Previous Owner Cha Jinyong $670,000
Previous Owner Cha Jinyong $679,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,347,000 +4.4% $573 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $1,290,000 +48.3% $549 / Sq Ft
06/28/2018 06/28/18 Sold $870,000 -5.9% $370 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $925,000 -- $394 / 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
2024 $21,805 $786,600 $515,000 $271,600
2023 $21,278 $786,600 $515,000 $271,600
2022 $21,278 $786,600 $515,000 $271,600
2021 $20,900 $786,600 $515,000 $271,600
2020 $20,593 $786,600 $515,000 $271,600
2019 $20,231 $786,600 $515,000 $271,600
2018 $19,709 $778,400 $515,000 $263,400
2017 $19,639 $778,400 $515,000 $263,400
2016 $19,250 $778,400 $515,000 $263,400
2015 $18,822 $778,400 $515,000 $263,400
2014 $18,471 $778,400 $515,000 $263,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24010242

New Jersey MLS

APN: 61-02002-0000-00002