NOT LISTED FOR SALE

48 Edward St Demarest, NJ 07627

Estimated Value: $1,935,460 - $2,406,000

6 Beds
5.5 Baths
1,710 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $1,385,000 $810 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $14,421/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Attached Garage
  • County Road Elementary School Rated A-
  • Fireplace
  • Intercom

About This Home

As of June 2017

LOCATION! LOCATION! LOCATION! BUILT IN 2015 ON ONE OF THE MOST DESIRABLE STREET ON EAST HILL SECTION OF DEMAREST. THIS HOUSE WAS BUILT WITH MANY UPGRADES BY THE CURRENT OWNERS INCLUDING A GAS GENERATOR. TWO STORY ENTRANCE FOYER LEADING INTO LIVING ROOM AND DINING ROOM. CUSTOM KITCHEN WITH CENTER ISLAND. BR/BTH, POWDER ROOM AND 2 CAR ATTACHED GARAGE ON FIRST FLOOR. SECOND FLOOR HAS MBR SUITE WITH GAS FIREPLACE, 2 WALK-IN CLOSETS, JACUZZI & RADIANT FLOOR HEAT IN MBTH. 3 LARGE BEDROOMS AND 2 FULL BTHS. LARGE FINISHED BASEMENT HAS REC ROOM, MEDIA ROOM, BR AND FULL BTH. MUST SEE HOUSE!

Last Agent to Sell the Property

Sung Hong

Bergen Real Estate Listed on: 03/13/2017

Last Buyer's Agent

Jeri Green

Prominent Properties Sotheby's International Realty-Tenafly

Prominent Properties Sotheby's International Realty-Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,802

Lot Details

  • 10,019 Sq Ft Lot
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Built in the 2010s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 020900090 00215

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,802

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/School, Close/Trans
  • Miscellaneous: Central Vac, Hdwd As In, Intercom, Security, Sprinklers
  • Views/Exposure: None
  • Year Built: 2010's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 11
  • Fireplace: 2 Fireplaces
  • Bedrooms: 6
  • Total Bathrooms: 5.10
  • Primary Bathroom: Y
  • Full Bathrooms: 5
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: FULLY FINISHED, REC RM, MEDIA RM,BR/BTH
  • Items Included: ALL APPLIANCES

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener, 2 Car

Utilities

  • Heating: Gas, Hot Air, Radiant
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00215
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 10019

Tax Info

  • Tax: 25802
  • Assessor Parcel Number: 020900090 00215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jun 6, 2017
Sold by
Lee Youn
Bought by
Lee Soon Im and Choi Sang Jai
Seller's Agent
Sung Hong
Bergen Real Estate
Buyer's Agent
Jeri Green
Prominent Properties Sotheby's International Realty-Tenafly
List Price
$1,425,000
Sold Price
$1,385,000
Premium/Discount to List
-$40,000
-2.81%
Current Estimated Value
$2,136,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,115
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
May 28, 2015
Sold by
Nj North Developers Llc
Bought by
Lee Youn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,865
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 10, 2014
Sold by
Ceitlin Andrew and Ceitlin Jaime
Bought by
Nj North Developers Llc

Purchase Details

Closed on
May 1, 2007
Sold by
Lipkin Ilya
Bought by
Ceitlin Andrew and Ceitlin Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.23%

Purchase Details

Closed on
Sep 27, 2002
Sold by
Burdin Arthur
Bought by
Lipkin Ilya and Cherkez Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,300
Interest Rate
6.27%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Leonard Robert Beau and Leonard Karen Olson
Bought by
Burdin Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage
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
Lee Soon Im $1,385,000 Fidelity National Title
Lee Youn $1,350,000 Attorney
Nj North Developers Llc $595,000 None Available
Ceitlin Andrew $618,500 --
Lipkin Ilya $467,000 --
Burdin Arthur $376,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Youn $134,865
Previous Owner Ceitlin Andrew $384,000
Previous Owner Ceitlin Andrew $405,000
Previous Owner Lipkin Ilya $420,300
Previous Owner Burdin Arthur $338,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $1,385,000 -2.8% $810 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $1,425,000 -- $833 / 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 $30,794 $1,055,300 $300,000 $755,300
2023 $29,960 $1,055,300 $300,000 $755,300
2022 $29,960 $1,055,300 $300,000 $755,300
2021 $29,165 $1,055,300 $300,000 $755,300
2020 $28,535 $1,055,300 $300,000 $755,300
2019 $27,712 $1,055,300 $300,000 $755,300
2018 $26,857 $1,055,300 $300,000 $755,300
2017 $26,214 $1,055,300 $300,000 $755,300
2016 $25,802 $1,055,300 $300,000 $755,300
2015 $25,454 $459,600 $300,000 $159,600
2014 $10,847 $459,600 $300,000 $159,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1709321

New Jersey MLS

APN: 09-00090-0000-00215