NOT LISTED FOR SALE

27-02 Morlot Ave Unit 1X Fair Lawn, NJ 07410

Estimated Value: $538,000 - $647,000

3 Beds
2 Baths
1,296 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $460,000 $355 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,089/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near a park
  • En-Suite Primary Bedroom
  • Warren Point Elementary School Rated A
  • Attached Garage
  • Central Air

About This Home

As of August 2021

Beautifully maintained cape with amazing location, close to major highways. First level of the home features a living room, dining room, updated kitchen with appliances included, enclosed 3 season room, 2 spacious bedrooms, and a recently renovated full bathroom. Second level of the home has a bedroom with a newly renovated full bathroom, as well as some storage closets. Basement offers nice space for living or storage! New central AC, furnace, and hot water heater. Roof only 1 year old!

Last Agent to Sell the Property

Matthew Gevirtz

EXP Realty, LLC Listed on: 06/07/2021

EXP Realty, LLC

Last Buyer's Agent

Matthew Gevirtz

EXP Realty, LLC Listed on: 06/07/2021

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,617

Year Built

  • 1947

Lot Details

  • 5,114 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1940s
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 021703414 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,617

Year Built

1947

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: 1940's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Basement: Prt Finished
  • Basement: Media Room, Utility Room
  • Items Included: Dishwasher, Microwave Oven, Refrigerator, Ran

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00004
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 5114

Tax Info

  • Tax: 9617
  • Assessor Parcel Number: 021703414 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 17, 2021
Sold by
Gonzalez Francisco and Qu Yanning
Bought by
Kwak Won S and Kwak Diane
Seller's Agent
Matthew Gevirtz
EXP Realty, LLC
Buyer's Agent
Matthew Gevirtz
EXP Realty, LLC
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%
Total Days on Market
10
Current Estimated Value
$582,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,914
Avg. Annual Appreciation
6.43%
Original Mortgage
$271,800
Outstanding Balance
$249,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,916

Purchase Details

Closed on
Jan 9, 2017
Sold by
Lopez Mireya
Bought by
Lopez Maikel and Valdes David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,244
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 23, 2015
Closed on
Dec 21, 2015
Sold by
Ciccone Ronald A
Bought by
Lopez Maikel and Lopez David
Seller's Agent
FRANK A RIPOSTA
C-21 SEMIAO & ASSOCIATES
Buyer's Agent
BARRY R DEVENS JR
RE/MAX PROPERTIES SELECT
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Karwacki Carol L
Bought by
Ciccone Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 1998
Sold by
Wallach David
Bought by
Karwacki Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Kwak Won S $453,000 Ridge Title Agency Llc
Lopez Maikel -- Stewart Title Guaranty
Gonzalez Francisco $373,000 Stewart Title Guaranty
Lopez Maikel $235,000 Attorney
Ciccone Ronald A $180,000 Fidelity National Title Ins
Karwacki Carol L $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwak Won S $271,800
Previous Owner Gonzalez Francisco $350,500
Previous Owner Gonzalez Francisco $366,244
Previous Owner Ciccone Ronald $115,000
Previous Owner Ronald C $18,000
Previous Owner Ciccone Ronald A $144,000
Previous Owner Karwacki Carol L $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $460,000 +8.2% $355 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $425,000 +80.9% $328 / Sq Ft
12/23/2015 12/23/15 Sold $235,000 -- $181 / 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 $9,800 $280,400 $149,800 $130,600
2023 $9,682 $280,400 $149,800 $130,600
2022 $9,682 $280,400 $149,800 $130,600
2021 $9,691 $280,400 $149,800 $130,600
2020 $9,618 $280,400 $149,800 $130,600
2019 $9,449 $280,400 $149,800 $130,600
2018 $9,276 $280,400 $149,800 $130,600
2017 $8,071 $250,200 $149,800 $100,400
2016 $7,849 $250,200 $149,800 $100,400
2015 $7,451 $250,200 $149,800 $100,400
2014 $7,571 $250,200 $149,800 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21022554

New Jersey MLS

APN: 17-03414-0000-00004