NOT LISTED FOR SALE

40 Glasgow Terrace Mahwah, NJ 07430

Estimated Value: $922,000 - $968,000

4 Beds
3 Baths
2,130 Sq Ft
$442/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $790,000 $371 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,894/month

20 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Multiple Fireplaces
  • Baseboard Heating
  • Mahwah High School Rated A
  • Stairway
  • Rectangular Lot

About This Home

As of July 2023

Welcome to this extraordinary 4-bed, 3-bath home in the charming town of Mahwah situated on just under 1 acre of land. Hardwood flooring across the first floor lends a timeless elegance to the space, accentuated by the abundant natural light streaming through the large windows. The open kitchen features an inviting layout that flows into the dining room making entertaining a breeze. The grand living room, with its high ceilings, offers a perfect setting for gatherings or evenings by the fire. This room leads onto a large deck, inviting you to enjoy the beauty of your outdoor surroundings making it the perfect spot for alfresco dining. 3 spacious bedrooms with ample closet space complete the first floor. As you ascend to the second floor, you will find the primary suite, affording you privacy and tranquility. Its strategic placement on the top floor gives it an air of seclusion, a place where you can unwind after a long day. Make this your new home today!

Last Agent to Sell the Property

James Oliver

EXP Realty, LLC Listed on: 06/07/2023

EXP Realty, LLC

Last Buyer's Agent

Walter Kaczmarek

GRG Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,014

Lot Details

  • 1 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Accessible Home Design

  • Stairway

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00011 / 00134

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: Route 17 to W Ramapo Ave to Glasgow
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: 3story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot Size Sq Ft: 43560.0

Tax Info

  • Tax Annual Amount: 11014.0
  • Tax Block: 00134
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 24, 2023
Sold by
Putumbaka Kruti Neelima
Bought by
Daruwala Farhad
Seller's Agent
James Oliver
EXP Realty, LLC
Buyer's Agent
Walter Kaczmarek
GRG Realty Group
List Price
$749,000
Sold Price
$790,000
Premium/Discount to List
$41,000
5.47%
Views
38
Current Estimated Value
$942,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,408
Avg. Annual Appreciation
8.19%
Original Mortgage
$632,000
Outstanding Balance
$616,979
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$325,429

Purchase Details

Closed on
Oct 8, 2014
Sold by
Obrien John Tawney and Obrien Jane
Bought by
Madala Madhusudhana Rao and Putumbaka Kruti Neelima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
4.21%
Mortgage Type
New Conventional
Source: Public Records

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
Daruwala Farhad $790,000 Stewart Title
Daruwala Farhad $790,000 Stewart Title
Madala Madhusudhana Rao $550,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daruwala Farhad $632,000
Closed Daruwala Farhad $632,000
Previous Owner Madala Madhusudhana Rao $467,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $790,000 +5.5% $371 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $749,000 -- $352 / Sq Ft
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
2025 $11,527 $558,500 $372,000 $186,500
2024 $11,377 $558,500 $372,000 $186,500
2023 $11,014 $558,500 $372,000 $186,500
2022 $11,014 $558,500 $372,000 $186,500
2021 $10,896 $558,500 $372,000 $186,500
2020 $10,634 $558,500 $372,000 $186,500
2019 $10,282 $558,500 $372,000 $186,500
2018 $10,137 $558,500 $372,000 $186,500
2017 $9,975 $558,500 $372,000 $186,500
2016 $9,757 $558,500 $372,000 $186,500
2015 $9,623 $558,500 $372,000 $186,500
2014 $9,461 $558,500 $372,000 $186,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Oliver

    EXP Realty, LLC

    (201) 693-7624

    1 in this area

    55 Total Sales

    James Oliver
    Section Image
  • Walter Kaczmarek

    Buyer's Agent in 2023

    Walter Kaczmarek

    GRG Realty Group

    (201) 741-8002

    1 in this area

    9 Total Sales

    Walter Kaczmarek
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23017294

New Jersey MLS

APN: 33-00134-0000-00011

New Jersey Bergen County Mahwah 07430

40 Glasgow Terrace, Mahwah, NJ

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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