NOT LISTED FOR SALE

45 Olcott Rd Hewitt, NJ 07421

Estimated Value: $522,000 - $748,000

2 Beds
2 Baths
1,536 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $377,000 $245 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,172/month

85 Days on Market

Highlights

  • Private Waterfront
  • Contemporary Architecture
  • Wood Flooring
  • Docks
  • Cathedral Ceiling
  • Powered Boats Allowed

About This Home

As of August 2018

WHERE ELSE CAN YOU LIVE W/ A 9 MILE LAKE IN FRONT, A STATE OWNED WILDLIFE PRESERVE IN THE BACK, & A NYC BUS STOP AT THE END OF THE ROAD! IT IS BEAUTIFUL ALL SEASONS! FOLIAGE IN FALL, CALM MORNINGS IN THE SUMMER, SUNSETS, SNOW COVERED FROZEN LAKE IN WINTER. WITH THE GREENING OF SPRINGTIME, EVERYTHING COMES TO LIFE! COME, LOOK AT THIS CONTEMPORARY HOME WITH WINDOWS THAT BRING IN THE BEAUTY OF EVERY SEASON. HIGH CEILINGS, HARDWOOD FLOORS, CENTRAL AIR FOR THE SUMMER AND A STONE FIREPLACE FOR THE WINTER. THE UPPER LEVEL MASTER SUITE OFFERS A FULL BATH AND AMAZING VIEWS. THE UNPAVED ROAD IS QUIET WITH MINIMAL USE. THE LAKEFRONT OFFERS A SANDY BOTTOM AND A "BIG ROCK" WHICH IS A BIG HIT! JUST SIT THERE AND ENJOY, OR DIVE IN FOR SWIMMING. THE DOCK WILL FIT AN 18' BOAT. SEPTIC INSTALLED IN 2009 FOR A 1 BR HOME

Last Agent to Sell the Property

Linda McCullough

RE/MAX COUNTRY REALTY Listed on: 04/02/2018

RE/MAX COUNTRY REALTY

Last Buyer's Agent

Linda McCullough

RE/MAX COUNTRY REALTY Listed on: 04/02/2018

RE/MAX COUNTRY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,727

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 58 Sq Ft Lot
  • Private Waterfront
  • Lake Front

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,536 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Family or Dining Combination
  • Fire and Smoke Detector

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Front Basement Entry
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Docks

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2515-03705-0000-00051-0000-

Community Details

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,727

Year Built

Built in 1952 | Remodeled

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Style: Contemporary
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Year Built: 1952
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Easements Description: ROW
  • Directions: GREENWOOD LAKE TPKE TO OLCOTT ROAD, TOWARDS END ON LAKE. SOUTH/EAST SHORE OF LAKE
  • I D: 4790244
  • Section Subdiv Development: GREENWOOD LAKE LAKEFRONT
  • First Name: LINDA
  • First Name3: LINDA
  • Last Name: MCCULLOUGH
  • Last Name3: MCCULLOUGH
  • Office Phone: 973-657-1000
  • Office Phone3: 973-657-1000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1996

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Water Softener-Own, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Crawl Space
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Level 1 Rooms: 1 Bedroom, Laundry Room, Living Room, Entrance Vestibule, Bath Main, Kitchen
  • Level 2 Rooms: 1 Bedroom, Bath Main
  • Estimated Sq Ft: 1536
  • Phone: 973-657-1000

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Dock, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: Gravel

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Septic 1 Bedroom Town Verified, Septic
  • Utilities: Gas In Street
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Boats - Gas Powered Allowed
  • Association Maintenance Fee: 100
  • Association Maintenance Fee Frequency: Annually

Lot Info

  • Lot Size: 58 X 105
  • Easement: Yes
  • Lot Description: Waterfront, Lake Front
  • Lot I D Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 10727
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2515-03705-0000-00051-0000-
  • Tax Rate Amount: 3.703
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 24, 2018
Sold by
Kurt W Schmeelck Revocable Trust
Bought by
Kim Jong Soo and Cho Hyun Jin
Seller's Agent
Linda McCullough
RE/MAX COUNTRY REALTY
Buyer's Agent
Linda McCullough
RE/MAX COUNTRY REALTY
List Price
$375,000
Sold Price
$377,000
Premium/Discount to List
$2,000
0.53%
Current Estimated Value
$604,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,559
Avg. Annual Appreciation
6.69%
Original Mortgage
$301,600
Outstanding Balance
$261,927
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$342,632
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Jong Soo $377,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jong Soo $301,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $377,000 +0.5% $245 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $375,000 -- $244 / 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 $11,813 $291,400 $178,600 $112,800
2024 $11,875 $291,400 $178,600 $112,800
2022 $11,271 $291,400 $178,600 $112,800
2021 $11,029 $291,400 $178,600 $112,800
2020 $10,913 $291,400 $178,600 $112,800
2019 $10,704 $289,700 $178,600 $111,100
2018 $10,678 $289,700 $178,600 $111,100
2017 $10,728 $289,700 $178,600 $111,100
2016 $10,745 $289,700 $178,600 $111,100
2015 $10,620 $289,700 $178,600 $111,100
2014 $10,363 $289,700 $178,600 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3457668

Garden State MLS

APN: 15-03705-0000-00051