$658,000 - $730,000
RENTED OCT 20, 2024

488 Berkshire Rd Ridgewood, NJ 07450

4 Beds
1 Bath
1,305 Sq Ft
$520 Price per Sq Ft

Last Sold August 16, 2024

Last sale price $650,000 $498 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,598/month

About This Home

As of August 2024

Great rental opportunity in the desirable Village of Ridgewood! Pristine sunlit cape cod in adorable neighborhood, close to elementary school. Many rooms freshly painted. Newer kitchen with radiant heat. Brand new full bathroom almost complete, and new hardwood floors in 2 of the bedrooms. Other amenities: newer roof, windows, electric, hot water heater, boiler, etc. Don't miss this charming home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 16, 2024
Sold by
Kaprielian Clementine
Bought by
Kim Donghee and Park Jungeun
Seller's Agent
Colleen Fisco
RE/MAX Integrity
Buyer's Agent
Elizabeth Coleman
EXP Realty, LLC - Wyckoff
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Views
26
Current Estimated Value
$679,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,006
Avg. Annual Appreciation
6.25%
Original Mortgage
$487,500
Outstanding Balance
$484,089
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$194,917

Purchase Details

Closed on
Sep 10, 1973
Bought by
Kaprielian Clementine

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Donghee $650,000 Old Republic National Title
Kaprielian Clementine $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Donghee $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2024 10/20/24 Rented $4,000 0.0% --
09/06/2024 09/06/24 For Rent $4,000 0.0% --
08/16/2024 08/16/24 Sold $650,000 0.0% $498 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $649,900 -- $498 / Sq Ft

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 $9,991 $356,300 $259,800 $96,500
2023 $9,738 $356,300 $259,800 $96,500
2022 $9,738 $356,300 $259,800 $96,500
2021 $8,978 $356,300 $259,800 $96,500
2020 $9,396 $356,300 $259,800 $96,500
2019 $9,253 $356,300 $259,800 $96,500
2018 $9,139 $356,300 $259,800 $96,500
2017 $9,043 $356,300 $259,800 $96,500
2016 $8,822 $356,300 $259,800 $96,500
2015 $8,669 $356,300 $259,800 $96,500
2014 $8,498 $356,300 $259,800 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Colleen Fisco

    Seller's Agent in 2024

    Colleen Fisco

    RE/MAX

    (201) 519-4763

    1 in this area

    74 Total Sales

    Colleen Fisco
    Section Image
  • Elizabeth Coleman

    Seller's Agent in 2024

    Elizabeth Coleman

    EXP Realty, LLC - Wyckoff

    (201) 913-9573

    9 in this area

    18 Total Sales

    Elizabeth Coleman
    Section Image
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Map

New Jersey Bergen County Ridgewood 07450

488 Berkshire Rd, Ridgewood, NJ

Homes for Sale in Ridgewood, NJ

This home is located at 488 Berkshire Rd, Ridgewood, NJ 07450 and is currently estimated at $679,006, approximately $520 per square foot. 488 Berkshire Rd is a home located in Bergen County with nearby schools including Ridgewood High School, Holmstead School, and Paramus Catholic High School.

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.