NOT LISTED FOR SALE

5-03 Karl St Unit 1X Fair Lawn, NJ 07410

Estimated Value: $867,000 - $1,046,000

5 Beds
4 Baths
2,357 Sq Ft
$401/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $720,000 $305 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,307/month

49 Days on Market

Highlights

  • Views to the East
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Henry B. Milnes Elementary School Rated A
  • Central Air
  • 3-minute walk to Thomas Jefferson Park

About This Home

As of December 2022

It's all here! This Karl Street colonial features 5 bedrooms, 4 full bathrooms, and with some finishing touches you'll take an awesome house to an amazing home. A main level renovation created a primary (5th) bedroom and an additional full bathroom including a large sauna. A modern kitchen w/ breakfast nook, plus LR, DR, and another full bathroom complete the main floor. Upstairs are 4 nice sized bedrooms, one with ensuite full bath and 2 walk-in closets, and a full hall bathroom. Security system, whole house generator, interior garage access, and full finished basement are additional features of the property. Sit on the front porch to enjoy one of Fair Lawn's most loved neighborhoods. Close to both elementary and middle schools, houses of worship, 2 train stations, and the NYC bus at the corner. The Fair Lawn community is a great town to put down roots!

Last Agent to Sell the Property

Patti Lakin

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 08/19/2022

Prominent Properties Sotheby's International Realty-Ridgewood

Last Buyer's Agent

Roosevelt Hall

Keller Williams Valley Realty

Keller Williams Valley Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,455

Lot Details

  • 8,002 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Rectangular Lot

Parking

  • 2 Car Garage

Property Views

  • Views to the East

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00028 / 02405

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,455

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: East, West
  • Co List Office Phone: 201-639-5555
  • Outside Inclusions: All appliances and fixtures as installed
  • MLS Status: Sold - Sold
  • Directions: Morlot Avenue to Karl Street
  • Reso Fireplace Features: None
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Full
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Rec Rm, Storage Rm, Office, Laundry Room, Utilities

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 8002.0

Tax Info

  • Tax Annual Amount: 15455.0
  • Tax Block: 02405
  • Tax Lot: 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 28, 2022
Sold by
Lapidus Bennet
Bought by
Griffiths Shomari and Bowes-Griffiths Felecia
Seller's Agent
Patti Lakin
Prominent Properties Sotheby's International Realty-Ridgewood
Buyer's Agent
Roosevelt Hall
Keller Williams Valley Realty
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Views
4
Current Estimated Value
$945,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,694
Avg. Annual Appreciation
9.62%
Original Mortgage
$576,000
Outstanding Balance
$557,610
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$388,084

Purchase Details

Closed on
Apr 5, 1963
Bought by
Lapidus Iris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffiths Shomari $720,000 --
Griffiths Shomari $720,000 None Listed On Document
Lapidus Iris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths Shomari $576,000
Closed Griffiths Shomari $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $720,000 -4.0% $305 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $750,000 0.0% $318 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $750,000 -- $318 / 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 $15,871 $447,200 $181,500 $265,700
2024 $15,630 $447,200 $181,500 $265,700
2023 $15,442 $447,200 $181,500 $265,700
2022 $15,442 $447,200 $181,500 $265,700
2021 $15,455 $447,200 $181,500 $265,700
2020 $15,339 $447,200 $181,500 $265,700
2019 $15,071 $447,200 $181,500 $265,700
2018 $14,793 $447,200 $181,500 $265,700
2017 $13,940 $432,100 $181,500 $250,600
2016 $13,555 $432,100 $181,500 $250,600
2015 $13,300 $432,100 $181,500 $250,600
2014 $13,075 $432,100 $181,500 $250,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22031016

New Jersey MLS

APN: 17-02405-0000-00028