NOT LISTED FOR SALE

465 Melrose Place South Orange, NJ 07079

Estimated Value: $1,162,000 - $1,432,000

5 Beds
4.5 Baths
2,448 Sq Ft
$538/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $610,000 $249 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $8,831/month

92 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room
  • South Mountain Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of March 2016

This incredibly spacious 5 Bedroom 41/2 Bath center hall colonial is in the highly regarded South Mountain School District of South Orange. Beautiful Hardwood Floors, Large rooms with wonderful flow for entertaining. Four floors of living space, front and back stair cases, Central Air, New Boiler, 2 Car garage attached. Sold as-is All just blocks from Midtown Direct Trains, schools, parks, town and pool. Don't miss this great opportunity to make this home your own!

Last Agent to Sell the Property

MARGARET M. MORREALE

WEICHERT REALTORS Listed on: 11/04/2015

Last Buyer's Agent

Nancy Chu

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,929

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • S Mountain Elementary School
  • S Orange Middle School
  • Columbia High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1619-00302-0000-00011-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,929

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • County Name: Essex
  • Directions: South Orange Avenue to North Wyoming, Right onto Franklin Place, right onto Melrose Place
  • I D: 4580276
  • First Name: MARGARET M.
  • First Name3: NANCY
  • Last Name: MORREALE
  • Last Name3: CHU
  • Office Phone3: 917-699-3785
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, OvnWGas, Dishwasher
  • Interior Amenities: Cedar Closets, Smoke Detector, Carbon Monoxide Detector, Walk-In Closet
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Outside Entrance, Toilet
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 16x13
  • Kitchen Level: First
  • Living Room Dim: 24x14
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x11
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 20x13
  • Other Room2 Level: Basement
  • Level 1 Rooms: Foyer, Living Room, Family Room, Kitchen, Bath(s) Other, Dining Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Storage Room, Bath(s) Other
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Clapboard, Stone
  • Exterior Features: Sidewalk, Curbs
  • Roof Description: Slate

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • High School: COLUMBIA
  • Middle Jr High School: S ORANGE

Lot Info

  • Lot Size: .188 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15929
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-00302-0000-00011-0000-
  • Tax Rate Amount: 3.661
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: S MOUNTAIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Apr 6, 2016
Sold by
Barbara Holtz
Bought by
Lewis Robyn and Greer Brandon
Seller's Agent
MARGARET M. MORREALE
WEICHERT REALTORS
Buyer's Agent
Nancy Chu
KELLER WILLIAMS - NJ METRO GROUP
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$1,317,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,454
Avg. Annual Appreciation
8.28%
Original Mortgage
$548,939
Outstanding Balance
$436,527
Interest Rate
3.71%
Estimated Equity
$880,927
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
Lewis Robyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Robyn $548,939
Closed Lewis Robyn --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2016 03/17/16 Sold $610,000 +1.8% $249 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $599,000 -- $245 / 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 $22,644 $1,013,500 $470,300 $543,200
2024 $22,644 $1,013,500 $470,300 $543,200
2022 $21,835 $622,600 $317,100 $305,500
2021 $21,075 $622,600 $317,100 $305,500
2020 $20,421 $622,600 $317,100 $305,500
2019 $19,911 $622,600 $317,100 $305,500
2018 $19,612 $622,600 $317,100 $305,500
2017 $19,126 $622,600 $317,100 $305,500
2016 $16,656 $435,100 $156,400 $278,700
2015 $16,268 $435,100 $156,400 $278,700
2014 $15,929 $435,100 $156,400 $278,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3264587

Garden State MLS

APN: 19-00302-0000-00011