$1,425,000
SOLD JUN 1, 2022

490 Hanks Ave Ridgewood, NJ 07450

4 Beds
3.5 Baths
2,730 Sq Ft
0.26 Acres

Recently Sold

$522 Per Sq Ft

4% Above List Price

22 Days on Market

Highlights

  • Views to the North
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Ridgewood High School Rated A+
  • Central Air
  • Rectangular Lot

About This Home

As of January 2024

Nestled on deep property in beloved Somerville neighborhood, this restored and renovated residence delivers inviting charm with today's lifestyle needs. Living Rm w dble Seating & Frplc transitions to Formal Dining w Lead Glass China Closets & Family Rm w Custom Built-Ins. The expansive Kitchen w Island Seating, unending Counters and Panoramic Nature Views complete the outstanding 1st Floor circular flow. Tucked away are Powder Rm & Wine Frdg. Sunlit Primary Suite offers Cathedral Ceilings, stunning Windows Sets, Walk-In Closet, Custom Built-Ins & crisp Lux Bath w Dble Sinks & Soaking Tub. 2 Bdrms & Hall Bath, Bdrm w EnSuite & Bonus Rm complete the upper floors. 2 Car Garage. Paver Patio & Driveway. Hardware Flooring throughout. Lush mature plantings surround the 188 deep and flat property. Established perennial blooms await. Convenient to ES, MS, & HS. Begin your Summer enjoying this lovely home and all that Ridgewood has to offer.

Last Agent to Sell the Property

Christine Gubb

Keller Williams Village Square Realty Listed on: 03/11/2022

Keller Williams Village Square Realty

Last Buyer's Agent

Vivienne Muldoon

Christie's International Real Estate Group-Ridgewood

Christie's International Real Estate Group-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,830

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60 x 187
  • Rectangular Lot

Parking

  • 2 Car Garage

Property Views

  • Views to the North

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Somerville Elementary School
  • Benjamin Franklin Middle School
  • Ridgewood High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00003 / 04009

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,830

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: North
  • Co List Office Phone: 201-445-4300
  • MLS Status: Sold - Sold
  • Directions: E. Ridgewood to Brookside to Hanks
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Unfinished, Laundry

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Shingle Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water, Radiant Floor

Schools

  • Elementary School: Somerville ES
  • High School: Ridgewood HS
  • Middle Or Junior School: Benjamin Franklin MS
  • Elementary: Somerville ES

Lot Info

  • Lot Dimensions: 60 x 187
  • Lot Size Sq Ft: 11238.0

Tax Info

  • Tax Annual Amount: 20830.0
  • Tax Block: 04009
  • Tax Lot: 00003

MLS Schools

  • High School Text: Ridgewood HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Jan 19, 2024
Sold by
Donahue Bridget
Bought by
Knowles Thomas and Knowles Jennifer
Seller's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
List Price
$1,500,000
Sold Price
$1,525,000
Premium/Discount to List
$25,000
1.67%
Views
147
Current Estimated Value
$1,699,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,437
Avg. Annual Appreciation
11.19%
Original Mortgage
$1,220,000
Outstanding Balance
$1,204,333
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$587,557

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 31, 2022
Sold by
Soderlund and Janice
Bought by
Donahue Bridget
Seller's Agent
Christine Gubb
Keller Williams Village Square Realty
Buyer's Agent
Vivienne Muldoon
Christie's International Real Estate Group-Ridgewood
List Price
$1,375,000
Sold Price
$1,425,000
Premium/Discount to List
$50,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,140,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Smith Frank L and Smith Gayle W
Bought by
Soderlund Jon and Brier Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End 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 Type Sale Price Title Company
Deed $1,525,000 Carnegie Title
Deed $1,425,000 Centurion Title
Deed $885,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,220,000 New Conventional
Previous Owner $1,140,000 New Conventional
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $510,000 New Conventional
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Previous Owner $550,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $1,525,000 +1.7% $559 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,500,000 +5.3% $549 / Sq Ft
06/01/2022 06/01/22 Sold $1,425,000 +3.6% $522 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,375,000 -- $504 / 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 $22,864 $815,400 $363,100 $452,300
2023 $21,588 $815,400 $363,100 $452,300
2022 $21,588 $789,900 $363,100 $426,800
2021 $21,390 $789,900 $363,100 $426,800
2020 $20,830 $789,900 $363,100 $426,800
2019 $20,514 $789,900 $363,100 $426,800
2018 $20,261 $789,900 $363,100 $426,800
2017 $20,048 $789,900 $363,100 $426,800
2016 $19,558 $789,900 $363,100 $426,800
2015 $19,218 $789,900 $363,100 $426,800
2014 $18,839 $789,900 $363,100 $426,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22007975

New Jersey MLS

APN: 51-04009-0000-00003