NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,110,000

3 Beds
2.5 Baths
-- Sq Ft
0.4 Acres

Last Sold October 22, 2021

Last sale price $670,000

Est. 48% increase in value since last sale

Current estimated payment $6,735/month

46 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • Central Air
  • Deck
  • Attached Garage
  • Rectangular Lot

About This Home

As of October 2021

Welcome to Reservoir Ridge, a sought-after community of free-standing homes located adjacent to Mills Reservation & minutes from Up Mtc Village, MSU, NYC train & bus. Sun-drenched open floor plan home sits on a wooded lot with serene natural surroundings. Dramatic vaulted entry foyer, living room, dining room, spacious EIK with Viking range and sliders to deck adjoins the family room. Powder room, laundry room and 2 car garage access round out the 1st floor. Gracious primary bedroom with sitting area, walk-in closet & beautifully updated spa-like en-suite bath features jetted tub, glass stall shower, double vanity & water closet. Two additional bedrooms and equally updated hall bath complete the 2nd floor. High ceilings and natural light in the unfinished basement offer endless opportunities. Don't miss this one!

Last Listed By

Christian Dubuque-Strenz

Prominent Properties Sotheby's International Realty-Montclair Listed on: 08/02/2021

Prominent Properties Sotheby's International Realty-Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,210

Year Built

  • 1996

Lot Details

  • 0.4 Acre Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1990s
  • Colonial Architecture
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 070400261 00051 0054

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,210

Year Built

1996

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Deck / Patio
  • Views/Exposure: None
  • Year Built: 1990's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.10
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Full, Unfinished
  • Basement: Storage Room, Utility Room

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

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

Condo/Co-op/Association

  • Association: None

Schools

  • Middle School: Dining Room, Family

Lot Info

  • County Name: ESSEX
  • Locale: 100
  • Lot: 00051
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 17424

Tax Info

  • Tax: 14210
  • Assessor Parcel Number: 070400261 00051 0054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 20, 2021
Sold by
Briody Thomas M and Estate Of Lawrence Velardo
Bought by
Zastow Adam and Schorr Benjamin
Seller's Agent
Christian Dubuque-Strenz
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Kevin Kelly
Coldwell Banker, Montclair
List Price
$659,000
Sold Price
$670,000
Premium/Discount to List
$11,000
1.67%
Total Days on Market
46
Current Estimated Value
$991,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,500
Avg. Annual Appreciation
11.74%
Original Mortgage
$603,000
Outstanding Balance
$557,550
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$433,950

Purchase Details

Closed on
Jul 2, 1996
Sold by
K Hovnanion Reservoir Ridge
Bought by
Velardo Lawrence and Velardo Joan

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
Zastow Adam $670,000 Acres Land Title Agency Inc
Velardo Lawrence $364,111 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zastow Adam $603,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $670,000 +1.7% --
09/17/2021 09/17/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $659,000 -- --
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 $14,854 $569,100 $250,000 $319,100
2022 $14,592 $569,100 $250,000 $319,100
2021 $14,415 $569,100 $250,000 $319,100
2020 $14,376 $569,100 $250,000 $319,100
2019 $14,040 $569,100 $250,000 $319,100
2018 $13,386 $569,100 $250,000 $319,100
2017 $13,238 $569,100 $250,000 $319,100
2016 $12,822 $569,100 $250,000 $319,100
2015 $12,521 $569,100 $250,000 $319,100
2014 $12,259 $569,100 $250,000 $319,100
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 21031398

New Jersey MLS

APN: 04-00261-0000-00051-0000-C0054