Seller's Agent in 2021
Mary Menard
COMPASS NEW JERSEY, LLC
(973) 879-2860
104 in this area
158 Total Sales
41 Sherwood Dr Mountain Lakes, NJ 07046
Estimated Value: $909,000 - $930,484
3
Beds
4
Baths
3,042
Sq Ft
$470/mo
HOA Fee
Highlights
- Deck
- Living Room with Fireplace
- Wood Flooring
- Wildwood Elementary School Rated A+
- Wooded Lot
- Main Floor Bedroom
About This Home
As of January 2021This elegant home features an incredible custom design. From the welcoming entrance foyer and Family Rm w/ a soaring ceiling and built in bar area to the stunning great room w/ sliders opening to the deck, this unique gem is simply luxurious. Gather in the dramatic LR with floor to ceiling windows or entertain in the formal DR with custom built in cabinetry. A first floor laundry and powder room are conveniently located off the front hall. The spacious master suite is located just a few steps up from the main level and features ample closet space and a lovely master bath w/ his & her vanities. Two additional bedrooms and a crisp hall bath complete the second level. You'll have it all here plus newer heat, A/C and roof! 2 car garage, large unfinished basement with cedar closet and studio! Just move right i
Last Buyer's Agent
HUIFEN CHEN
REALMART REALTY
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,699
Year Built
- Built in 1994
Lot Details
- 5,227
HOA Fees
- $470 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Vertical Siding
- Tile
Interior Spaces
- Wet Bar
- Sound System
- High Ceiling
- Skylights
- Gas Fireplace
- Thermal Windows
- Shades
- Blinds
- Drapes & Rods
- Entrance Foyer
- Great Room
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Workshop
- Storage Room
- Utility Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Cedar Closet
- Walk-In Closet
- Powder Room
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Wildwood Elementary School
- Briarcliff Middle School
- Mtn. Lakes High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Two Cooling Systems Mounted To A Wall/Window
- Standard Electricity
- Gas Water Heater
Additional Features
- Deck
- Wooded Lot
Listing and Financial Details
- Assessor Parcel Number 2325-00117-0001-00048-0000-
- Tax Block *
Community Details
Pet Policy
- Call for details about the types of pets allowed
Additional Features
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2020
Closed on
Jan 29, 2021
Sold by
Gering Steven and Gering Barbara
Bought by
Han Bing and Wan Hongmei
Seller's Agent
Mary Menard
COMPASS NEW JERSEY, LLC
Buyer's Agent
HUIFEN CHEN
REALMART REALTY
List Price
$629,000
Sold Price
$598,000
Premium/Discount to List
-$31,000
-4.93%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,371
Avg. Annual Appreciation
8.98%
Original Mortgage
$295,000
Outstanding Balance
$267,825
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$616,618
Purchase Details
Closed on
Nov 18, 1994
Sold by
Asoc Spruce Edge
Bought by
Gering Steven and Gering Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Han Bing | $598,000 | None Available | |
| Gering Steven | $397,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Han Bing | $295,000 | |
| Previous Owner | Gering Steven | $325,000 | |
| Previous Owner | Gering Steven | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $598,000 | -0.2% | $197 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 10/13/2020 10/13/20 | Price Changed | $599,000 | -4.8% | $197 / Sq Ft |
| 09/17/2020 09/17/20 | For Sale | $629,000 | -- | $207 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $16,361 | $708,800 | $225,000 | $483,800 |
| 2023 | $16,361 | $647,200 | $195,000 | $452,200 |
| 2022 | $16,022 | $591,900 | $185,000 | $406,900 |
| 2021 | $16,022 | $571,000 | $180,000 | $391,000 |
| 2020 | $16,263 | $580,400 | $180,000 | $400,400 |
| 2019 | $15,700 | $580,400 | $180,000 | $400,400 |
| 2018 | $15,253 | $580,400 | $180,000 | $400,400 |
| 2017 | $14,928 | $580,400 | $180,000 | $400,400 |
| 2016 | $14,667 | $580,400 | $180,000 | $400,400 |
| 2015 | $14,324 | $580,400 | $180,000 | $400,400 |
| 2014 | $14,057 | $580,400 | $180,000 | $400,400 |
Source: Public Records
Agents Affiliated with this Home
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-
H
Buyer's Agent in 2021
HUIFEN CHEN
REALMART REALTY
Map
Source: Garden State MLS
MLS Number: 3665077
APN: 25-00117-01-00048
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