NOT LISTED FOR SALE

12 Prospect Ave Montclair, NJ 07042

Estimated Value: $1,603,000 - $2,201,000

5 Beds
3.5 Baths
2,686 Sq Ft
$715/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $1,625,000 $605 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,636/month

17 Days on Market

Highlights

  • Multiple Fireplaces
  • Central Air
  • 1-minute walk to Graz Park
  • Hillside School Rated A
  • Rectangular Lot

About This Home

As of October 2022

In a word, SPECTACULAR. This historical Mediterranean gem is a flawless combination of contemporary luxury and architectural elegance. On one of the most desirable streets in Montclair, this fantastic house is an entertainer's dream. The sophisticated bespoke gourmet kitchen features two granite waterfall islands, Miele and Subzero appliances and a full-size wine fridge. A beautiful arched glass door leads to the lush backyard w/cascading waterfall and koi pond w/a brick patio. Floor to ceiling picture windows brightens the gracious foyer and living room. Enjoy your morning coffee in the screened-in loggia and exercise in the sunroom! Second floor features the primary bedroom w/new custom dressing room, multiple bedrooms, bathrooms and two generous balconies with partial NYC views. The lower level features the family room, guest room/office and renovated bathroom. Mudroom w/heated floors. New Whole House Generator. This house it not to be missed!

Last Agent to Sell the Property

Julie Kim

Prominent Properties Sotheby's International Realty-Montclair Listed on: 09/16/2022

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Nicole Kopec

Nest Seekers New Jersey LLC-Hoboken

Nest Seekers New Jersey LLC-Hoboken

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,461

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 00406

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,461

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: Claremont or Edgewood to Prospect Ave
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: Bath(s) Other, Family Room, Laundry Room, Office, Utility Room

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 13120.0

Tax Info

  • Tax Annual Amount: 30461.0
  • Tax Block: 00406
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 19, 2022
Sold by
Leech Damani J and Leech Tamara Gj
Bought by
Vandegna Andrew and Vandegna Van Degna
Seller's Agent
Julie Kim
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Nicole Kopec
Nest Seekers New Jersey LLC-Hoboken
List Price
$1,299,000
Sold Price
$1,625,000
Premium/Discount to List
$326,000
25.1%
Current Estimated Value
$1,921,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,809
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,300,000
Outstanding Balance
$959,097
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$962,712

Purchase Details

Listed on
Jan 27, 2020
Closed on
May 20, 2020
Sold by
Brown Cie Jai and Brown Jennifer Murray
Bought by
Leech Damani J and Leech Tamara G
Seller's Agent
Julie Kim
PROMINENT PROPERTIES SIR
Buyer's Agent
Julie Kim
PROMINENT PROPERTIES SIR
List Price
$997,000
Sold Price
$1,250,000
Premium/Discount to List
$253,000
25.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$1,000,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2015
Closed on
Sep 1, 2015
Sold by
Chiu Stanley R and Chiu Kathryn
Bought by
Brown Cie Jai and Ennifer Murray
Seller's Agent
MINDY KENNY
WEST OF HUDSON REAL ESTATE
Buyer's Agent
Allison Maguire
BROWN HARRIS STEVENS NEW JERSEY
Sold Price
$912,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$729,600
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2008
Sold by
Hewitt Associates Llc
Bought by
Chiu Stanley R and Stallings Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Finder Robert and Finder Virginia
Bought by
Hewitt Associates Llc

Purchase Details

Closed on
Sep 18, 2001
Sold by
Mellor Richard
Bought by
Finder Robert and Finder Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,600
Interest Rate
6.77%

Purchase Details

Closed on
Aug 28, 1996
Sold by
Sauchelli Francis
Bought by
Mellor Richard and Mellor Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.11%

Purchase Details

Closed on
Aug 20, 1993
Sold by
Bruckner Gilda
Bought by
Sauchelli Frank and Sauchelli Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.11%
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
Vandegna Andrew $1,625,000 Surety Title
Leech Damani J $1,250,000 Foundation Title Llc
Brown Cie Jai $912,000 --
Chiu Stanley R $929,000 Chicago Title Insurance Co
Hewitt Associates Llc $929,000 Chicago Title Insurance Co
Finder Robert $737,000 --
Mellor Richard $450,000 --
Sauchelli Frank $448,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandegna Andrew $1,300,000
Previous Owner Leech Damani J $1,000,000
Previous Owner Brown Cie Jai $729,600
Previous Owner Chiu Stanley R $696,750
Previous Owner Finder Robert $589,600
Previous Owner Mellor Richard $250,000
Previous Owner Sauchelli Frank $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $1,625,000 +25.1% $605 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $1,299,000 +3.9% $484 / Sq Ft
05/29/2020 05/29/20 Sold $1,250,000 +25.4% $465 / Sq Ft View Prior Sale
02/17/2020 02/17/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $997,000 +9.3% $371 / Sq Ft
09/01/2015 09/01/15 Sold $912,000 -- $340 / Sq Ft View Prior Sale
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 $31,867 $942,800 $465,800 $477,000
2024 $31,867 $942,800 $465,800 $477,000
2022 $30,999 $942,800 $465,800 $477,000
2021 $30,462 $942,800 $465,800 $477,000
2020 $29,972 $942,800 $465,800 $477,000
2019 $29,660 $942,800 $465,800 $477,000
2018 $29,170 $942,800 $465,800 $477,000
2017 $26,799 $717,700 $307,900 $409,800
2016 $26,081 $717,700 $307,900 $409,800
2015 $25,306 $717,700 $307,900 $409,800
2014 $24,459 $717,700 $307,900 $409,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22034299

New Jersey MLS

APN: 13-00406-0000-00003