NOT LISTED FOR SALE

490 Summit St Norwood, NJ 07648

Estimated Value: $1,425,000 - $1,685,000

6 Beds
5 Baths
828 Sq Ft
$1,905/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $1,289,000 $1,557 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,058/month

80 Days on Market

Highlights

  • 16,575 Sq Ft lot
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Norwood Public School Rated A
  • Central Air

About This Home

As of March 2022

Jaw dropping brand new construction luxury home with tray ceilings being built in the desirable town of Norwood. This contemporary home will feature 6 bedrooms, 5 full baths and open concept first floor. Designer kitchen, family room, formal living room, dining room, bedroom, bath on the first level plus a mudroom and access to a 2 car garage. The gourmet kitchen will offer quartz countertops, a large center island and sliding glass doors to a large composite deck overlooking park-like setting backyard. Upstairs second level will feature the stunning master suite with a walk-in closet, master bath, 3 additional bedrooms with 2 full bathrooms, as well as a laundry room. The tile floor basement will include a full size bedroom, full bath, and full size family/recreational room with plenty of storage. The exterior of the home will be arctic white hardy plank siding as well as a paved brick driveway. Separate zoning with high efficiency heating, cooling, and hot water heater

Last Agent to Sell the Property

Edlira Jonusllari

Coldwell Banker, Ridgewood Listed on: 10/01/2021

Coldwell Banker, Ridgewood

Last Buyer's Agent

Jung Choi

United Real Estate

United Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,349

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75x221
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 00102

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,349

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: 201-445-9400
  • MLS Status: Sold - Sold
  • Directions: North of Broadway
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: New Const-New Fdn,To Be Blt
  • PropertySubTypeAdditional: 2story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: Recreation Room, Bedroom, Bathroom

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 75X221
  • Lot Size Sq Ft: 16575.0

Tax Info

  • Tax Block: 00102
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 14, 2022
Sold by
Izet Mamo
Bought by
Kim Eui Kyung and Kim Young Ja
Seller's Agent
Edlira Jonusllari
Coldwell Banker, Ridgewood
Buyer's Agent
Jung Choi
United Real Estate
List Price
$1,299,000
Sold Price
$1,289,000
Premium/Discount to List
-$10,000
-0.77%
Current Estimated Value
$1,577,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,530
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Mulroy Thomas
Bought by
Mamo Izet
Source: Public Records

Range of Values:

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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 Eui Kyung $1,289,000 Fidelity National Title
Mamo Izet $385,000 Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $1,289,000 -0.8% $1,557 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,299,000 -- $1,569 / 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
2025 $30,349 $1,104,000 $308,800 $795,200
2024 $29,201 $1,104,000 $308,800 $795,200
2023 $28,527 $1,104,000 $308,800 $795,200
2022 $7,979 $308,800 $308,800 $0
2021 $9,330 $372,300 $308,800 $63,500
2020 $9,371 $372,300 $308,800 $63,500
2019 $9,099 $372,300 $308,800 $63,500
2018 $9,092 $372,300 $308,800 $63,500
2017 $9,047 $372,300 $308,800 $63,500
2016 $8,838 $372,300 $308,800 $63,500
2015 $8,492 $372,300 $308,800 $63,500
2014 $8,395 $372,300 $308,800 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21039523

New Jersey MLS

APN: 41-00102-0000-00005