NOT LISTED FOR SALE

38 Otsego Rd Verona, NJ 07044

Estimated Value: $734,000 - $808,000

4 Beds
2 Baths
1,504 Sq Ft
$513/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $645,000 $429 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,237/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Verona High School Rated A-
  • Attic
  • 1 Car Detached Garage

About This Home

As of February 2022

IMPECCABLE CHARMING COLONIAL! MAJOR REMODEL DONE IN 2004! THIS 4 BEDROOM, 2 BATH IS LOCATED IN A HIGHLY DESIRABLE SECTION OF VERONA. HIGHLY SOUGHT AFTER LANING SCHOOL ONE BLOCK AWAY! 1ST FLOOR FEATURES FORMAL DINING ROOM, LIVING ROOM, 1 BEDROOM, RENOVATED BATHROOM, KITCHEN W/GRANITE COUNTERTOPS, BREAKFAST ISLAND, SS APPLIANCES, BACKSPLASH AND WALK OUT STAIRS TO PRIVATE PATIO & BACK YARD. 2ND FL. FEATURES MASTER BEDROOM, 2 GREAT-SIZED GUEST BEDROOMS & RENOVATED BATHROOM. OTHER FEATURES INCLUDE A DETACHED 1 CAR GARAGE, CENTRAL AIR , ELECTRIC FIREPLACE HARDWOOD FLOORS, NEWER WINDOWS, NEW WASHER, NEW DRYER, NEWER ROOF, NEW HEATING SYSTEM & HOT WATER HEATER. PULL DOWN STAIRS TO ATTIC FOR ADDITIONAL STORAGE. FULL BASEMENT WITH LAUNDRY & WALKOUT TO PATIO. ADT ALARM SYSTEM. FRONT WALKWAY PAVERS AND LIMESTONE. PATIO WITH PAVERS SURROUNDED BY MAJESTIC SOUTHERN MAGNOLIAS FOR PRIVACY. PROFESSIONALLY LANDSCAPED. FRESHLY PAINTED! CLOSE TO THE AMAZING VERONA PARK AND NYC TRANSPORTATION!

Last Agent to Sell the Property

Glenn Fallivene

FALLIVENE AGENCY INC. Listed on: 01/12/2022

Co-Listed By

Anthony Michelotti

FALLIVENE AGENCY INC.

Last Buyer's Agent

Dana Farber-schwern

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,344

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Laning Ave Elementary School
  • Whitehorne Middle School
  • Verona High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Handicap Modified
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 1620-00802-0000-00052-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,344

Year Built

Built in 1931 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Renovated
  • County Name: Essex
  • Handicap Modified: Yes
  • Renovated Year: 2004
  • Street Number Display: 38
  • Directions: CLAREMONT AVE. OR NEWMAN TO OTSEGO ROAD
  • I D: 5122691
  • Modified: 2023-02-26
  • Number Images: 24
  • First Name: GLENN S
  • First Name2: ANTHONY
  • First Name3: DANA
  • First Name4: SUSAN
  • Last Name: FALLIVENE
  • Last Name2: MICHELOTTI
  • Last Name3: FARBER SCHWERN
  • Last Name4: LOVIT
  • Office Phone: 973-882-1117
  • Office Phone2: 973-882-1117
  • Office Phone3: 973-317-7360
  • Office Phone4: 973-310-7360
  • Attribution Contact: 973-882-1117
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Refrigerator, Washer
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Basement Level Rooms: Laundry Room, Walkout
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 12x15
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 973-882-1117

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LANING AVE
  • Middle School: WHITEHORNE
  • High School: VERONA
  • High School: VERONA
  • Middle Jr High School: WHITEHORNE

Lot Info

  • Lot Size: 50X160
  • Assessed Improvement Value: 170300
  • Assessed Land Value: 225800
  • Assessment: 396100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 52
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Zoning: RESIDENTIAL

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11344
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1620-00802-0000-00052-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.864
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LANING AVE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 18, 2022
Sold by
Costa Michael M and Costa Kathryn M
Bought by
Doshi Kathryn M and Doshi Ankur B
Seller's Agent
Glenn Fallivene
FALLIVENE AGENCY INC.
Buyer's Agent
Dana Farber-schwern
COMPASS NEW JERSEY LLC
List Price
$579,900
Sold Price
$645,000
Premium/Discount to List
$65,100
11.23%
Current Estimated Value
$765,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,142
Avg. Annual Appreciation
5.38%
Original Mortgage
$580,500
Outstanding Balance
$543,344
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$228,691

Purchase Details

Closed on
Oct 1, 2009
Sold by
Costa Michael and Costa Carolina
Bought by
Costa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 26, 2003
Sold by
Schefske Flor De Maria
Bought by
Costa Michael and Carolina Costa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

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Average Value
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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
Doshi Kathryn M $645,000 Petriello Joseph C
Costa Michael $105,155 Allied Title Llc
Costa Michael $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doshi Kathryn M $580,500
Previous Owner Costa Michael $360,000
Previous Owner Costa Michael $392,000
Previous Owner Costa Michael $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $645,000 +11.2% $429 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $579,900 -- $386 / 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 $12,129 $396,100 $225,800 $170,300
2024 $12,129 $396,100 $225,800 $170,300
2022 $11,855 $396,100 $225,800 $170,300
2021 $11,713 $396,100 $225,800 $170,300
2020 $11,344 $396,100 $225,800 $170,300
2019 $10,972 $396,100 $225,800 $170,300
2018 $11,733 $371,400 $180,000 $191,400
2017 $11,562 $371,400 $180,000 $191,400
2016 $11,376 $371,400 $180,000 $191,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3758744

Garden State MLS

APN: 20-00802-0000-00052