Seller's Agent in 2024
Michele Kolsky
Coldwell Banker, Fort Lee
(201) 310-6136
12 in this area
94 Total Sales
45 Duane Ln Demarest, NJ 07627
6
Beds
9
Baths
2,100
Sq Ft
1.88
Acres
Highlights
- Heated In Ground Pool
- 81,892 Sq Ft lot
- Multiple Fireplaces
- County Road Elementary School Rated A-
- Views to the North
- Central Air
About This Home
As of October 2024Nestled behind gates, this magnificent stone & cedar shake home embodies Greenwich-style luxury, boasting over 10,000 square feet of pure opulence. The open floor plan features a two-story great room with stunning views of the meticulously manicured 1.9-acre property. Throughout the home, you'll find extensive molding & trim work. Each bedroom is an en suite, with the master suite offering a sitting room, designer bath, custom closets, & a private balcony that will take your breath away. This home is equipped with high-end features, including an elevator, home theater with Crestron system, cherry-paneled office, & a gourmet kitchen outfitted with Wolf stoves & double Sub-Zero refrigerators. Additional amenities include a full bar, cabana, & a walkout lower level. Built by Rock Ridge Construction, the home showcases the highest level of craftsmanship & includes a covered patio. Such a home is a rare find, offering unparalleled luxury & sophistication. Taxes can be appealed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $105,043
Year Built
- 1962
Lot Details
- 1.88 Acre Lot
- Rectangular Lot
Interior Spaces
- Multiple Fireplaces
- Views to the North
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00004 / 00120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2024
Closed on
Oct 15, 2024
Sold by
Rusi Selim and Rusi Selim
Bought by
Im Jaisohn and Im Yeri
Seller's Agent
Michele Kolsky
Coldwell Banker, Fort Lee
Buyer's Agent
Hildegard Cho
Coldwell Banker, Alpine/Closter
List Price
$3,998,000
Sold Price
$3,520,000
Premium/Discount to List
-$478,000
-11.96%
Total Days on Market
11
Views
5
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
$201,337
Avg. Annual Appreciation
8.93%
Original Mortgage
$3,167,648
Interest Rate
6.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2015
Sold by
45 Duane Llc
Bought by
Rusi Selim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2015
Sold by
45 Duane Llc
Bought by
New Jersey Department Of Environmental P
Purchase Details
Closed on
Oct 4, 2011
Sold by
Perlman Daniel A and Perlman Lisa J
Bought by
45 Duane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,632,500
Interest Rate
4.15%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 6, 2008
Sold by
Ruderman Carol C
Bought by
Perlman Daniel A and Perlman Lisa J
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $3,520,000 | Hudson One Title | |
| Bargain Sale Deed | $3,520,000 | Hudson One Title | |
| Deed | $4,450,000 | Attorney | |
| Grant Deed | -- | None Available | |
| Deed | $1,430,000 | -- | |
| Bargain Sale Deed | $1,395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,167,648 | New Conventional | |
| Previous Owner | $1,132,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $3,117,197 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,500,000 | Construction | |
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $418,500 | Construction | |
| Previous Owner | $2,632,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2024 10/21/24 | Sold | $3,520,000 | -12.0% | $1,676 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 08/05/2024 08/05/24 | For Sale | $3,998,000 | -- | $1,904 / Sq Ft |
Source: New Jersey 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 | $93,376 | $3,200,000 | $1,064,000 | $2,136,000 |
| 2023 | $105,043 | $3,200,000 | $1,064,000 | $2,136,000 |
| 2022 | $105,043 | $3,700,000 | $1,064,000 | $2,636,000 |
| 2021 | $102,453 | $3,700,000 | $1,064,000 | $2,636,000 |
| 2020 | $100,048 | $3,700,000 | $1,064,000 | $2,636,000 |
| 2019 | $97,162 | $3,700,000 | $1,064,000 | $2,636,000 |
| 2018 | $107,656 | $4,230,100 | $1,064,000 | $3,166,100 |
| 2017 | $105,076 | $4,230,100 | $1,064,000 | $3,166,100 |
| 2016 | $103,426 | $4,230,100 | $1,064,000 | $3,166,100 |
| 2015 | $102,030 | $1,076,600 | $1,064,000 | $12,600 |
| 2014 | $25,408 | $1,076,600 | $1,064,000 | $12,600 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Kolsky
-
Hildegard Cho
H
Buyer's Agent in 2024
Hildegard Cho
Coldwell Banker, Alpine/Closter
(201) 767-0550
1 in this area
3 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24025213
APN: 09-00120-0000-00004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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