NOT LISTED FOR SALE

498 Hanks Ave Ridgewood, NJ 07450

Estimated Value: $1,225,000 - $1,349,000

5 Beds
1.5 Baths
2,082 Sq Ft
$611/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $935,000 $449 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,440/month

17 Days on Market

Highlights

  • Corner Lot
  • Ridgewood High School Rated A+
  • Central Air

About This Home

As of April 2023

**HIGHEST & BEST** Due by Tuesday, March 14th at noon. Sellers will review Tuesday evening and get back to all by Wednesday at the latest. This well-maintained spacious home offers a layout perfect for entertaining, hardwood flooring, high ceilings and central air. Welcome guests into the formal living room w adjacent sun filled enclosed porch. Nearby den can be utilized as a bedroom. An elegant dining room is convenientl **HIGHEST & BEST** Due by Tuesday, March 14th at noon. Selle y located off of the updated kitchen which features stone counters, ample wood cabinets, causal dining area and access to rear deck and yard. A powder room is conveniently located on this floor. A graceful staircase leads to the 2nd floor which offers 4 comfortably sized bedrooms, large hall w built ins and full bath. The master bedroom features a private sleeping porch. A full staircase leads to the large unfinished attic. The lower-level of this home has a rec room & laundry area. Being sold AS-IS

Last Agent to Sell the Property

Joan Marie Monton

Coldwell Banker, Ridgewood Listed on: 03/06/2023

Coldwell Banker, Ridgewood

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

  • $17,066

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 67x187
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 00005 / 04009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,066

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot, Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-445-9400
  • MLS Status: Sold - Sold
  • Directions: Ridgewood Ave to S.Van Dien Ave to Hanks Ave.
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Sidehall
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: No
  • Basement Remarks: REC ROOM, LAUNDRY RM, STORAGE RM, UTILITY RM

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Oil, Steam

Schools

  • Elementary School: Somerville E.S.
  • High School: Ridgewood H.S.
  • Middle Or Junior School: Benjamin Franklin
  • Elementary: Somerville E.S.

Lot Info

  • Lot Dimensions: 67x187
  • Lot Size Sq Ft: 12545.0

Tax Info

  • Tax Annual Amount: 17066.0
  • Tax Block: 04009
  • Tax Lot: 00005

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Apr 25, 2023
Sold by
Hardy William P
Bought by
Daines Sterling and Daines Elizabeth
Seller's Agent
Joan Marie Monton
Coldwell Banker, Ridgewood
Buyer's Agent
Vivienne Muldoon
Christie's International Real Estate Group-Ridgewood
List Price
$750,000
Sold Price
$935,000
Premium/Discount to List
$185,000
24.67%
Views
207
Current Estimated Value
$1,271,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,526
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Dec 16, 2003
Source: Public Records

Range of Values:

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Average Value
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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
Daines Sterling $935,000 Centurion Title Services
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Robin J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $935,000 +24.7% $449 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $750,000 -- $360 / 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 $18,149 $826,700 $382,100 $444,600
2024 $17,671 $632,600 $382,100 $250,500
2023 $17,223 $630,200 $382,100 $248,100
2022 $17,223 $630,200 $382,100 $248,100
2021 $17,066 $630,200 $382,100 $248,100
2020 $16,618 $630,200 $382,100 $248,100
2019 $16,366 $630,200 $382,100 $248,100
2018 $16,165 $630,200 $382,100 $248,100
2017 $15,994 $630,200 $382,100 $248,100
2016 $15,604 $630,200 $382,100 $248,100
2015 $15,333 $630,200 $382,100 $248,100
2014 $15,030 $630,200 $382,100 $248,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23006360

New Jersey MLS

APN: 51-04009-0000-00005