NOT LISTED FOR SALE

16 Westervelt Place Teaneck, NJ 07666

Estimated Value: $560,196 - $671,000

3 Beds
1.5 Baths
1,476 Sq Ft
$419/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $475,000 $322 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,110/month

10 Days on Market

About This Home

As of July 2022

This move-in ready home is an exceptional value offering a NEW ROOF, newly paved driveway, oversized 60 x 117 property, and LOW TAXES (below $8k). Enjoy an open and flexible floor plan featuring high ceilings, a wood burning fireplace in the living room, 1st floor guest bathroom, mud room, finished basement, walk-up attic w/ ample storage space, large deck and a great yard perfect for entertaining. Prime commuter location w/ NYC Bus at the corner and conveniently located near shopping, restaurants, schools, and parks.

Last Agent to Sell the Property

Lance Parham

Wein Agency Real Estate Listed on: 06/02/2022

Last Buyer's Agent

Kelvin Sanchez

Group Twenty Six, LLC

Group Twenty Six, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,703

Year Built

  • 1910

Lot Details

  • 7,022 Sq Ft Lot
  • Lot Dimensions are 60x117
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 05703

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,703

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North
  • Co List Office Phone: (201) 347-3044
  • MLS Status: Sold - Sold
  • Directions: Teaneck Rd. to Westervelt Pl
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Finished Basement

Exterior Features

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Forced Air

Lot Info

  • Lot Dimensions: 60x117
  • Lot Size Sq Ft: 7022.0

Tax Info

  • Tax Annual Amount: 7703.0
  • Tax Block: 05703
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 19, 2022
Sold by
Merrow and Deborah
Bought by
Vasquez Gabriel and Vasquez Carmen
Seller's Agent
Lance Parham
Wein Agency Real Estate
Buyer's Agent
Kelvin Sanchez
Group Twenty Six, LLC
List Price
$425,000
Sold Price
$475,000
Premium/Discount to List
$50,000
11.76%
Total Days on Market
10
Current Estimated Value
$618,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,549
Avg. Annual Appreciation
9.50%
Original Mortgage
$457,875
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2017
Sold by
Hometree Investment Group Llc
Bought by
Kwon David and Kwon Tal Jo

Purchase Details

Closed on
Jan 10, 2003
Sold by
Lurry John L
Bought by
Merrow Deborah and Merrow Chuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,375
Interest Rate
5.99%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Vasquez Gabriel $475,000 First American Title
Kwon David $675,000 Main Street Title
Merrow Deborah $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Gabriel $457,875
Previous Owner Merrow Chuck $261,404
Previous Owner Merrow Chuck $272,000
Previous Owner Merrow Deborah $228,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $475,000 +11.8% $322 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $425,000 -- $288 / 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 $7,865 $447,900 $212,200 $235,700
2023 $7,711 $238,200 $132,200 $106,000
2022 $7,711 $238,200 $132,200 $106,000
2021 $7,756 $238,200 $132,200 $106,000
2020 $7,703 $238,200 $132,200 $106,000
2019 $7,615 $238,200 $132,200 $106,000
2018 $7,558 $238,200 $132,200 $106,000
2017 $7,487 $238,200 $132,200 $106,000
2016 $7,375 $238,200 $132,200 $106,000
2015 $7,258 $238,200 $132,200 $106,000
2014 $8,531 $331,800 $209,200 $122,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22019875

New Jersey MLS

APN: 60-05703-0000-00012