NOT LISTED FOR SALE

263 Kings Rd Madison, NJ 07940

Estimated Value: $581,000 - $759,000

3 Beds
2 Baths
1,126 Sq Ft
$626/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $415,000 $369 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,551/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Enclosed Patio or Porch
  • Kings Road School Rated A
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of January 2017

Amazing location & a perfect opportunity in a sought after town! This 3 BD, 2 BA home has central AC, hardwood floors & great yard - this home is ready for your personal touches - do not miss out!

Last Agent to Sell the Property

SUSAN ADLER

KELLER WILLIAMS REALTY Listed on: 11/01/2016

Last Buyer's Agent

David Molinaro

RE/MAX COMPETITIVE EDGE

RE/MAX COMPETITIVE EDGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 1950

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kingsroad Elementary School
  • Madison Jr Middle School
  • Madison High School

Utilities

  • Central Air
  • Radiator
  • Standard Electricity

Additional Features

  • Enclosed Patio or Porch
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2317-03901-0000-00038-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,157

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 263
  • Directions: Kings Road near Arlene Court
  • I D: 4668641
  • Modified: 2018-01-21
  • Number Images: 2
  • First Name: SUSAN
  • First Name3: DAVID
  • Last Name: ADLER
  • Last Name3: MOLINARO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher
  • Number Rooms: 6
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Bath(s) Other, Storage Room, Laundry Room, Rec Room, Utility Room
  • Kitchen Area: Separate Dining Area
  • Level 1 Rooms: Porch, Kitchen, Dining Room, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Additional Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: KingsRoad
  • Middle School: Madison Jr
  • High School: Madison
  • High School: Madison
  • Middle Jr High School: Madison Jr

Lot Info

  • Lot Size: 60X100
  • Assessed Improvement Value: 155600
  • Assessed Land Value: 233400
  • Assessment: 389000
  • Easement: Unknown
  • Lot Identifier: 38
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7157
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2317-03901-0000-00038-0000-
  • Tax Rate Amount: 1.840
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: KingsRoad

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 20, 2017
Sold by
Betz Carl and Betz Patricia
Bought by
Molinaro David J and Papaietro Lisa
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
David Molinaro
RE/MAX COMPETITIVE EDGE
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
$709,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,294
Avg. Annual Appreciation
6.60%
Original Mortgage
$332,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Tracey Roberta K
Bought by
Betz Carl and Betz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Molinaro David J $415,000 None Available
Betz Carl $415,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molinaro David J $185,000
Open Molinaro David J $320,000
Closed Molinaro David J $320,000
Closed Molinara David J $150,000
Closed Molinaro David J $332,000
Previous Owner Betz Carl $328,479
Previous Owner Betz Carl $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $415,000 +4.0% $369 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $399,000 -- $354 / 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 $8,010 $389,000 $233,400 $155,600
2023 $8,010 $389,000 $233,400 $155,600
2022 $7,881 $389,000 $233,400 $155,600
2021 $7,881 $389,000 $233,400 $155,600
2020 $7,799 $389,000 $233,400 $155,600
2019 $7,675 $389,000 $233,400 $155,600
2018 $7,480 $389,000 $233,400 $155,600
2017 $7,422 $389,000 $233,400 $155,600
2016 $7,294 $389,000 $233,400 $155,600
2015 $7,158 $389,000 $233,400 $155,600
2014 $6,916 $389,000 $233,400 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3346343

Garden State MLS

APN: 17-03901-0000-00038