NOT LISTED FOR SALE

427 Spring Ave Ridgewood, NJ 07450

Estimated Value: $2,252,433

5 Beds
3.5 Baths
4,613 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,525,000 $331 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $14,847/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Property is near a park
  • Fireplace
  • Ridgewood High School Rated A+
  • Detached Garage
  • 2-minute walk to Durham Trail

About This Home

As of October 2020

This classic gem, in Ridgewood's Somerville School District is located on one of the most desirable streets in town. This 5 bedroom, 3.5 bath home is a perfect blend of modern and historical architecture. As soon you enter you will be awed by the beautiful chestnut woodwork throughout. 1st floor features a custom Mahogany kitchen and a huge center island. Top end appliances and the built in corner dining area complete this great gathering spot. The Family Room is full of light and a wonderful place to relax. Also featured on the 1st floor are the Formal DR, Music Room and a Formal LR. 2nd floor features a Master Bedroom with a Master Bath along with 2 additional bedrooms and a full bath. 3rd floor features 2 bedrooms with a full bath as well as a laundry room. The basement is finished with lots of storage. Heated finished space above the detached 3 car garage is perfect for an office or a studio. Too many amenities to list!! Come see this masterpiece.

Last Agent to Sell the Property

Christopher Janczak

Thor Realty Group, LLC Listed on: 06/19/2020

Last Buyer's Agent

Ann Ewell

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,763

Year Built

  • 1901

Lot Details

  • 0.59 Acre Lot
  • Irregular Lot

Parking

  • Detached Garage

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Cedar

Interior Spaces

  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025104005 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,763

Year Built

1901

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: None
  • Views/Exposure: None
  • Year Built: 1900-1939, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 2 Fireplaces
  • Bedrooms: 5
  • Total Bathrooms: 3.10
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: Full, Finished

Exterior Features

  • Exterior: Cedar
  • Waterfront: None

Garage/Parking

  • Garage: 3+car, Detached

Utilities

  • Heating: Gas, Radiant, Steam
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Somerville E.S.
  • Middle School: Benjamin Franklin
  • High School: Ridgewood H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00016
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 25875

Tax Info

  • Tax: 31763
  • Assessor Parcel Number: 025104005 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Oct 5, 2020
Sold by
Lapczynski Mark
Bought by
Golden William Thomas and Golden Carey L
Seller's Agent
Christopher Janczak
Thor Realty Group, LLC
Buyer's Agent
Ann Ewell
Coldwell Banker, Ridgewood
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%
Total Days on Market
63
Current Estimated Value
$2,252,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,433
Avg. Annual Appreciation
8.71%
Original Mortgage
$1,448,750
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 10, 2015
Sold by
Raphael William and Raphael Joan
Bought by
Lapczynski Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1986
Bought by
Raphael William and Raphael Joan
Source: Public Records

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Range of Values:

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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
Golden William Thomas $1,525,000 Old Republic Title
Lapczynski Mark $1,359,000 Attorney
Raphael William $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden William Thomas $1,448,750
Previous Owner Lapczynski Mark $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,525,000 -4.7% $331 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $1,599,901 -3.0% $347 / Sq Ft
06/19/2020 06/19/20 For Sale $1,650,000 -- $358 / 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
2024 -- $1,223,100 $539,300 $683,800
2023 -- $1,223,100 $539,300 $683,800
2022 $0 $1,223,100 $539,300 $683,800
2021 $31,764 $1,223,100 $539,300 $683,800
2020 $32,253 $1,223,100 $539,300 $683,800
2019 $31,764 $1,223,100 $539,300 $683,800
2018 $31,373 $1,223,100 $539,300 $683,800
2017 $31,042 $1,223,100 $539,300 $683,800
2016 $33,146 $1,338,700 $567,700 $771,000
2015 $34,077 $1,400,600 $567,700 $832,900
2014 $33,404 $1,400,600 $567,700 $832,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20023126

New Jersey MLS

APN: 51-04005-0000-00016