NOT LISTED FOR SALE

297 Araneo Dr West Orange, NJ 07052

Estimated Value: $555,000 - $594,000

3 Beds
2.5 Baths
-- Sq Ft
$611/mo HOA Fee

Last Sold September 03, 2021

Last sale price $390,000

Est. 45% increase in value since last sale

Current estimated payment $4,717/month

43 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Deck
  • West Orange High School Rated A-
  • New Kitchen
  • Wood Flooring

About This Home

As of September 2021

Ready for its new homeowners!!! Welcome to this one of a kind, completely renovated townhouse on a quiet block and in the desirable gated community of Eagle Ridge, NJ featuring 3 spacious bedrooms and 2.5 gorgeously designed baths. This is the only unit of its size! Everything new - amazing new floors throughout, new HWH, windows, doors & recess lights throughout, white kitchen cabinets & black stainless steel Samsung appliances with a smart refrigerator. The living area has a beautifully finished fireplace w/ two large french patio doors leading to your private patio area. Enjoy your tastefully designed master suite with multiple shower heads, & Jacuzzi tub w/ skylights above to relieve your everyday stress. HOA includes the water bill too. Eagle Ridge offers resort style living with indoor/outdoor pools and playground. Commuter friendly & conveniently located near RT280 & Parkway! See this today!

Last Agent to Sell the Property

Roman Balandin

Roman Balandin Realty LLC License #1008501 Listed on: 06/02/2021

Last Buyer's Agent

NON MEMBER

VRI Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,495

Year Built

  • Built in 1987

HOA Fees

  • $611 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Crawl Space
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22-00105-0000-00008-0000-C0297

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, lawn maintenance, snow removal

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,495

Year Built

Built in 1987

Lot Details

0

HOA Fees

$611 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Exercise Room, Pool, Common Area, Playground
  • Reso Association Fee Includes: Trash, Common Area, Lawn Maintenance, Snow Removal
  • Subdivision Name: None
  • Architectural Style: Townhouse, 2 Story
  • Reso Interior Features: Attic, Skylight, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Common Area: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Style Townhouse: Yes
  • Common Elements Playground: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Skylight6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: See Remarks, Other
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 611.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Lot Info

  • Parcel #: 22-00105-0000-00008-0000-C0297
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 18, 2021
Sold by
Elnashar Group Llc
Bought by
Nerette Farah and Nerette Marius Dave
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%
Current Estimated Value
$565,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,507
Avg. Annual Appreciation
9.20%
Original Mortgage
$370,500
Outstanding Balance
$335,879
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$229,628

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 10, 2021
Sold by
Elnashar Group Llc
Bought by
Nerette Farah and Nerette Marius Dave
Seller's Agent
Roman Balandin
Roman Balandin Realty LLC
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Outstanding Balance
$335,879
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$229,628

Purchase Details

Listed on
Oct 25, 2018
Closed on
Oct 1, 2019
Sold by
Deutsche Bank Natl T Co
Bought by
Einashar Group Llc
Seller's Agent
James Rembish
REO PREMIER PROPERTIES
Buyer's Agent
Roman Balandin
ROMAN BALANDIN REALTY LLC
List Price
$308,000
Sold Price
$244,500
Premium/Discount to List
-$63,500
-20.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.54%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Jainchill Jerome
Bought by
Grant Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.89%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Finkelberg Howard
Bought by
Jainchill Jerome and Jainchill Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.54%

Purchase Details

Closed on
Feb 4, 1988
Sold by
Eastridge Realty Corp
Bought by
Martch William E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nerette Farah $390,000 Seber Title Agency Llc
Nerette Farah $390,000 North American Title
Einashar Group Llc $244,500 None Available
Grant Kimberly $305,000 --
Jainchill Jerome $210,000 --
Martch William E $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nerette Farah $370,500
Closed Nerette Farah $370,500
Previous Owner Grant Kimberly $274,500
Previous Owner Jainchill Jerome $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $390,000 -2.3% --
07/15/2021 07/15/21 Pending -- -- --
07/05/2021 07/05/21 Price Changed $399,000 -2.4% --
06/02/2021 06/02/21 For Sale $409,000 0.0% --
04/02/2020 04/02/20 Rented $37,200 +1027.3% --
03/28/2020 03/28/20 Under Contract -- -- --
03/24/2020 03/24/20 For Rent $3,300 0.0% --
10/24/2019 10/24/19 Sold $244,500 -20.6% $142 / Sq Ft View Prior Sale
09/18/2019 09/18/19 Pending -- -- --
10/25/2018 10/25/18 For Sale $308,000 -- $179 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $13,495 $461,200 $205,000 $256,200
2024 $13,495 $293,500 $125,000 $168,500
2022 $13,023 $293,500 $125,000 $168,500
2021 $12,779 $293,500 $125,000 $168,500
2020 $12,574 $293,500 $125,000 $168,500
2019 $12,213 $293,500 $125,000 $168,500
2018 $11,852 $293,500 $125,000 $168,500
2017 $11,699 $293,500 $125,000 $168,500
2016 $11,417 $293,500 $125,000 $168,500
2015 $11,203 $293,500 $125,000 $168,500
2014 $10,983 $293,500 $125,000 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117336

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00105-0000-00008-0000-C0297