NOT LISTED FOR SALE

489 Summit St Englewood Cliffs, NJ 07632

Estimated Value: $2,179,000 - $2,815,000

5 Beds
5 Baths
1,673 Sq Ft
$1,498/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $2,349,500 $1,404 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,618/month

87 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Upper School Elementary School Rated A
  • Central Air
  • Rectangular Lot

About This Home

As of February 2023

Spectacular Custom Built Brick Colonial with Nantucket Blue Stone 5 years young is waiting for you! Approx, 4496 square feet not including Basement Level with approx. an additional 2000 sq. ft. Impressive foyer with open circular staircases overlook beautiful great room. Luxury throughout including designer Peter Salerno kitchen and baths. Great open floor plan for entertaining! Primary suite has three oversized walk in closets with breathtaking master bath. Oversized attic storage. Basement level light and bright with 9' ceilings and 2nd separate back entrance with built in wall of custom cabinetry/bar in family room, gas fireplace, gym, media room with custom built ins, office (w egress windows) and full bath. Lots of storage. Radiant heat under all tile, baths and basement. Perfect for extended family. Just minutes to Manhattan!! A definite must see!! Owner is a licensed NJRealtor.

Last Agent to Sell the Property

Lisa Bonhotal

Coldwell Banker, Alpine/Closter Listed on: 09/12/2022

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Marcus Pinto

Compass New Jersey, LLC-Hoboken

Compass New Jersey, LLC-Hoboken

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,356

Lot Details

  • 9,988 Sq Ft Lot
  • Lot Dimensions are 74x135
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00001 / 00503

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,356

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-767-0550
  • MLS Status: Sold - Sold
  • Directions: Palisades Ave to Summit Street
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Media Rm, Gym, Den, Office, Full Bath, Utility Rm, Storage

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Entry chandelier, Dining Room Chandelier, Kitchen chandelier
  • Construction Type: Brick, Stone

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Dimensions: 74x135
  • Lot Size Sq Ft: 9988.0

Tax Info

  • Tax Annual Amount: 21356.0
  • Tax Block: 00503
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Jan 31, 2023
Sold by
Mcmorrow Michael and Mcmorrow Carrol
Bought by
Gao Yanjuan and Pan Jiren
Seller's Agent
Lisa Bonhotal
Coldwell Banker, Alpine/Closter
Buyer's Agent
Marcus Pinto
Compass New Jersey, LLC-Hoboken
List Price
$2,788,000
Sold Price
$2,349,500
Premium/Discount to List
-$438,500
-15.73%
Views
42
Current Estimated Value
$2,505,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,337
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Benedetti Joseph M and Benedetti Anne J
Bought by
Mcmorrow Michael and Stapleton Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.85%
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
Gao Yanjuan $2,349,500 Clear Skies Title
Mcmorrow Michael $337,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmorrow Michael $446,500
Previous Owner Mcmorrow Michael $450,000
Previous Owner Mcmorrow Michael $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $2,349,500 -9.3% $1,404 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $2,589,000 -7.1% $1,548 / Sq Ft
09/12/2022 09/12/22 For Sale $2,788,000 -- $1,666 / 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 $20,538 $1,800,000 $670,700 $1,129,300
2023 $20,214 $1,800,000 $670,700 $1,129,300
2022 $20,214 $1,800,000 $670,700 $1,129,300
2021 $22,664 $1,900,000 $670,700 $1,229,300
2020 $24,797 $2,154,400 $670,700 $1,483,700
2019 $24,133 $2,232,500 $670,700 $1,561,800
2018 $23,285 $2,232,500 $670,700 $1,561,800
2017 $6,694 $670,700 $670,700 $0
2016 $7,600 $776,300 $670,700 $105,600
2015 $7,220 $776,300 $670,700 $105,600
2014 $6,754 $776,300 $670,700 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22033653

New Jersey MLS

APN: 16-00503-0000-00001