NOT LISTED FOR SALE

197 Walnut St Montclair, NJ 07042

Estimated Value: $1,372,000 - $1,659,000

Studio
-- Bath
3,906 Sq Ft
$386/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $750,000 $192 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $9,643/month

15 Days on Market

About This Home

As of November 2016

This home is located at 197 Walnut St, Montclair, NJ 07042 since 20 September 2016 and is currently estimated at $1,508,431, approximately $386 per square foot. This property was built in 1892. 197 Walnut St is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

Sharon Gill

BHHS FOX & ROACH Brokerage Phone: 973-744-5544 Listed on: 09/20/2016

BHHS FOX & ROACH

Co-Listed By

Susan De Rosa

PROMINENT PROPERTIES SIR Brokerage Phone: 973-744-5544

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Year Built: 1892
  • County Name: Essex
  • I D: 4652386
  • Attribution Contact: 973-744-5544
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 53X138
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 29, 2016
Sold by
Hartley Frederick John
Bought by
Mona Edward G and Johnson Peta Kaye
Seller's Agent
Sharon Gill
BHHS FOX & ROACH
List Price
$649,000
Sold Price
$750,000
Premium/Discount to List
$101,000
15.56%
Current Estimated Value
$1,508,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,431
Avg. Annual Appreciation
7.97%
Original Mortgage
$572,000
Outstanding Balance
$459,940
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,048,491

Purchase Details

Listed on
Sep 20, 2016
Closed on
Nov 28, 2016
Sold by
Hartley Frederick John
Bought by
Mona Edward G and Johnson Peta Kaye
Seller's Agent
Sharon Gill
BHHS FOX & ROACH
List Price
$649,000
Sold Price
$750,000
Premium/Discount to List
$101,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Outstanding Balance
$459,940
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,048,491

Purchase Details

Closed on
May 28, 2003
Sold by
Speth Walter
Bought by
Makin Christine Speth and Speth Gregory
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mona Edward G $750,000 Westcor Land Title Insurance
Mona Edward G $750,000 Westcor Land Title Insurance
Makin Christine Speth $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mona Edward G $572,000
Closed Mona Edward G $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $750,000 +15.6% $192 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $649,000 -- $166 / 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 $21,997 $646,400 $224,700 $421,700
2024 $21,848 $646,400 $224,700 $421,700
2022 $21,254 $646,400 $224,700 $421,700
2021 $20,885 $646,400 $224,700 $421,700
2020 $20,549 $646,400 $224,700 $421,700
2019 $20,336 $646,400 $224,700 $421,700
2018 $20,000 $646,400 $224,700 $421,700
2017 $15,873 $425,100 $166,200 $258,900
2016 $15,448 $425,100 $166,200 $258,900
2015 $14,989 $425,100 $166,200 $258,900
2014 $14,487 $425,100 $166,200 $258,900
Source: Public Records

Agents Affiliated with this Home

  • Sharon Gill

    Seller's Agent in 2016

    Sharon Gill

    BHHS FOX & ROACH

    (201) 323-1399

    11 in this area

    38 Total Sales

    Sharon Gill
    Section Image
  • Susan De Rosa

    Seller Co-Listing Agent in 2016

    Susan De Rosa

    PROMINENT PROPERTIES SIR

    (973) 489-5088

    2 in this area

    23 Total Sales

    Susan De Rosa
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3337372

Garden State MLS

APN: 13-02302-0000-00002

New Jersey Essex County Montclair 07042

197 Walnut St, Montclair, NJ

Not Listed for Sale

MultiFamily

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