NOT LISTED FOR SALE

388 Grand Ave Leonia, NJ 07605

Estimated Value: $922,000 - $1,149,521

8 Beds
4 Baths
3,481 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,150,000 $330 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,252/month

37 Days on Market

About This Home

As of July 2024

This home is located at 388 Grand Ave, Leonia, NJ 07605 since 15 April 2024 and is currently estimated at $1,066,130, approximately $306 per square foot. This property was built in 1920. 388 Grand Ave is a home located in Bergen County with nearby schools including Anna C. Scott Elementary School, Leonia Middle School, and Leonia High School.

Last Agent to Sell the Property

Lorraine Bonacolta

BETTER HOME REALTY Brokerage Phone: 201-560-6615 Listed on: 04/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,318

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,318

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Bergen
  • Street Number Display: 388
  • I D: 5281570
  • Modified: 2025-07-04
  • Number Images: 1
  • Attribution Contact: 201-560-6615
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X151
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 1, 2024
Sold by
388 Grand Avenue Llc
Bought by
Kim Sung Gyeum and Cho Laura
Seller's Agent
Lorraine Bonacolta
BETTER HOME REALTY
List Price
$1,050,000
Sold Price
$1,150,000
Premium/Discount to List
$100,000
9.52%
Views
55
Current Estimated Value
$1,066,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,870
Avg. Annual Appreciation
1.30%
Original Mortgage
$805,000
Outstanding Balance
$798,265
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$368,811

Purchase Details

Closed on
Jul 8, 2014
Sold by
Pak Nam Kyu and Pak Yong Chu
Bought by
388 Grand Avenue Llc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Ahn Jeong Ah
Bought by
Pak Nam Kyu and Pak Yong Chu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kim Sung Gyeum $1,150,000 None Listed On Document
388 Grand Avenue Llc $700,000 --
Pak Nam Kyu $785,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Sung Gyeum $805,000
Previous Owner Pak Nam Kyu $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,150,000 +9.5% $330 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $1,050,000 -- $302 / 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 $17,318 $508,000 $210,200 $297,800
2024 $17,074 $508,000 $210,200 $297,800
2023 $16,175 $508,000 $210,200 $297,800
2022 $16,175 $508,000 $210,200 $297,800
2021 $16,261 $508,000 $210,200 $297,800
2020 $15,697 $508,000 $210,200 $297,800
2019 $15,107 $506,600 $210,200 $296,400
2018 $14,924 $506,600 $210,200 $296,400
2017 $14,747 $506,600 $210,200 $296,400
2016 $14,109 $506,600 $210,200 $296,400
2015 $14,139 $506,600 $210,200 $296,400
2014 $13,911 $506,600 $210,200 $296,400
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Bonacolta

    Seller's Agent in 2024

    Lorraine Bonacolta

    BETTER HOME REALTY

    (201) 725-9857

    6 in this area

    37 Total Sales

    Lorraine Bonacolta
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3896232

Garden State MLS

APN: 29-00802-0000-00007

New Jersey Bergen County Leonia 07605

388 Grand Ave, Leonia, NJ

This home is located at 388 Grand Ave, Leonia, NJ 07605 since 15 April 2024 and is currently estimated at $1,066,130, approximately $306 per square foot. This property was built in 1920. 388 Grand Ave is a home located in Bergen County with nearby schools including Anna C. Scott Elementary School, Leonia Middle School, and Leonia High School.

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