NOT LISTED FOR SALE

38 Olcott Rd Hewitt, NJ 07421

Estimated Value: $142,000 - $294,000

1 Bed
1 Bath
820 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $70,000 $85 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,490/month

77 Days on Market

Highlights

  • Lake Privileges
  • Cul-De-Sac
  • Living Room
  • Cottage
  • Porch
  • Forced Air Heating System

About This Home

As of February 2020

ORIGINAL COTTAGE FROM 1935 INCLUDES SMALL LAKEFRONT LOT ONT BOAT BASIN ROAD SUITABLE FOR A DOCK. HOUSE HAS FIRE DAMAGE, NO ELECTRIC OR WORKING UTILITIES. SUITABLE FOR BUILDER OR INVESTOR FOR FLIP CASH BUYERS ONLY AS PER OWNER. PRIVATE CUL DE SAC (UNPAVED ROAD) WITH NYC BUS STOP AT END OF ROAD. INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Linda McCullough

RE/MAX COUNTRY REALTY Listed on: 10/28/2019

RE/MAX COUNTRY REALTY

Last Buyer's Agent

Leslie Anderson

RE/MAX COUNTRY REALTY

RE/MAX COUNTRY REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Cottage
  • Wood Shingle Roof

Interior Spaces

  • 820 Sq Ft Home
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Lake Privileges
  • Porch

Utilities

  • Forced Air Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2515-03705-0000-00059-0000-

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Style: Cottage
  • Primary Style: Cottage
  • Subproperty Type: Single Family
  • Year Built: 1935
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: GREENWOOD LAKE TPKE TO OLCOTT ROAD. HOUSE ON RIGHT
  • I D: 4941470
  • Section Subdiv Development: BIG ROCK COVE
  • First Name: LINDA
  • First Name3: LESLIE
  • Last Name: MCCULLOUGH
  • Last Name3: ANDERSON
  • Office Phone: 973-657-1000
  • Office Phone3: 973-657-1000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Living Room, Porch
  • Estimated Sq Ft: 820
  • Phone: 973-657-1000

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width

Utilities

  • Heating: Forced Hot Air
  • Water: Well

Condo/Co-op/Association

  • Amenities: Lake Privileges

Lot Info

  • Lot Size: .180 AC
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4896
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2515-03705-0000-00059-0000-
  • Tax Rate Amount: 3.686
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 21, 2020
Sold by
Gerlach Gloria
Bought by
Vanhook Joseph M
Seller's Agent
Linda McCullough
RE/MAX COUNTRY REALTY
Buyer's Agent
Leslie Anderson
RE/MAX COUNTRY REALTY
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$224,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,527
Avg. Annual Appreciation
22.26%
Original Mortgage
$60,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2015
Sold by
Gerlach Ronald
Bought by
Gerlach Ronald and Gerlach Gloria

Purchase Details

Closed on
Apr 25, 2012
Sold by
Mcclinton Carole and Gerlach Ronald
Bought by
Gerlach Ronald

Purchase Details

Closed on
Jul 11, 1996
Sold by
Curving Harold
Bought by
Gerlach Harry and Garlach Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vanhook Joseph M $70,000 Atlantic Title & Settlement
Gerlach Ronald -- None Available
Gerlach Ronald -- None Available
Gerlach Ronald -- None Available
Gerlach Harry $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vanhook Joseph M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $70,000 0.0% $85 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/28/2019 10/28/19 For Sale $70,000 -- $85 / 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
2025 $3,709 $143,600 $75,800 $67,800
2024 $3,729 $91,500 $75,800 $15,700
2022 $3,539 $91,500 $75,800 $15,700
2021 $3,463 $91,500 $75,800 $15,700
2020 $4,887 $130,500 $75,800 $54,700
2019 $4,822 $130,500 $75,800 $54,700
2018 $4,810 $130,500 $75,800 $54,700
2017 $4,832 $130,500 $75,800 $54,700
2016 $4,840 $130,500 $75,800 $54,700
2015 $4,784 $130,500 $75,800 $54,700
2014 $4,668 $130,500 $75,800 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3597483

Garden State MLS

APN: 15-03705-0000-00059