$457,000
SOLD DEC 2, 2015

232 Demarest Rd Sparta, NJ 07871

4 Beds
4 Baths
2,759 Sq Ft
2.73 Acres

Recently Sold

$166 Per Sq Ft

About This Home

As of March 2018

This home is located at 232 Demarest Rd, Sparta, NJ 07871 and is currently priced at $457,000, approximately $165 per square foot. 232 Demarest Rd is a home located in Sussex County with nearby schools including Sparta High School, Sussex County Technical School, and Alpine Montessori - Sparta.

Last Agent to Sell the Property

Joseph Morreale

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 12/02/2015

RE/MAX SELECT

Last Buyer's Agent

Joseph Morreale

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 12/02/2015

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,039

Lot Details

  • 2.73 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,039

Lot Details

0

Listing Details

  • County Name: Sussex
  • Street Number Display: 232
  • I D: 4576318
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 2.7289 ACS
  • Total Acres: 2.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 5, 2018
Sold by
Arbe Assets Llc
Bought by
Sharr Nicholas and Sharr Alyssa
Seller's Agent
CHRISTIAN VEGA
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
AMANDA IGNAUT
WEST END RESIDENTIAL
List Price
$449,900
Sold Price
$439,900
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$792,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,590
Avg. Annual Appreciation
8.09%
Original Mortgage
$351,920
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2017
Sold by
Phalon Brian S and Phalon Sean M
Bought by
Arbe Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 2, 2015
Closed on
Dec 2, 2015
Sold by
Corsello John and Corsello Eugenia
Bought by
Phalon Sean M and Phalon Valery G
Seller's Agent
Joseph Morreale
RE/MAX SELECT
Buyer's Agent
Joseph Morreale
RE/MAX SELECT
Sold Price
$457,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Jun 8, 2001
Sold by
Bruning Construction Co Inc
Bought by
Corsello John and Corsello Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
7.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 27, 2000
Sold by
M Wand Ltd
Bought by
Bruning Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,700
Interest Rate
7.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 19, 2000
Sold by
Molinari Louis
Bought by
M Wand Ltd
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 Type Sale Price Title Company
Deed $439,900 Title On Demand Of Nj Inc
Deed $278,000 Title On Demand Of Nj Inc
Deed $457,000 Land Quest Title Llc
Bargain Sale Deed $362,000 Chicago Title Insurance Co
Deed $73,700 --
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,600 New Conventional
Closed $351,920 New Conventional
Previous Owner $180,000 Commercial
Previous Owner $177,250 Unknown
Previous Owner $206,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $197,000 Unknown
Previous Owner $20,300 Unknown
Previous Owner $197,000 Stand Alone First
Previous Owner $199,000 Stand Alone First
Previous Owner $28,700 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $439,900 -2.2% $159 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $449,900 -1.6% $163 / Sq Ft
12/02/2015 12/02/15 Sold $457,000 -- $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
2024 $15,039 $431,400 $150,700 $280,700
2023 $15,039 $431,400 $150,700 $280,700
2022 $14,676 $431,400 $150,700 $280,700
2021 $14,443 $431,400 $150,700 $280,700
2020 $14,668 $431,400 $150,700 $280,700
2019 $14,288 $431,400 $150,700 $280,700
2018 $13,986 $431,400 $150,700 $280,700
2017 $13,813 $431,400 $150,700 $280,700
2016 $13,490 $431,400 $150,700 $280,700
2015 $14,467 $372,000 $89,200 $282,800
2014 $14,233 $372,000 $89,200 $282,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3260910

Garden State MLS

APN: 18-12005-0000-00006