NOT LISTED FOR SALE

Estimated Value: $1,538,000 - $1,658,000

5 Beds
3.5 Baths
-- Sq Ft
0.85 Acres

Last Sold May 12, 2022

Last sale price $1,320,000

Est. 21% increase in value since last sale

Current estimated payment $11,090/month

14 Days on Market

Highlights

  • 37,231 Sq Ft lot
  • Cul-De-Sac
  • Central Air
  • Multiple Fireplaces
  • En-Suite Primary Bedroom

About This Home

As of May 2022

Welcome to this stately Center Hall Colonial perched high on a private cul-de-sac in the prestigious Park Ridge Estates! So much to love about 5 Ledgewood Ct. The soaring 18-ft ceilings & elegant circular staircase in foyer entryway. Spacious family room w/WBFP open to EIK w/center island, SS appliances, & separate dining area. The GREAT room w/cathedral ceilings, gas FP, & windows on 3 sides. The light-filled LR w/coffered ceilings, large formal DR, home office, 5th Bedroom, powder room, and laundry complete the 1st floor. 2nd floor features primary en-suite BR w/tray ceiling, walk-in closet, & luxurious FB including jetted tub, additional en-suite BR w/FB, & walk-in closet, 2 additional spacious Bedrooms, & hall BA. 3 car built-in garage, 3 units of C/A, 4,700+ sq ft on 1st & 2nd floors plus 1,700+ sq ft lower level w/high ceilings & unlimited potential, large flat yard on 0.85 acre lot, gorgeous sunset views.

Last Listed By

Michael Mcdonnell

Prominent Properties Sotheby's International Realty-Montclair Listed on: 03/11/2022

Prominent Properties Sotheby's International Realty-Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,164

Year Built

  • 2007

Lot Details

  • 0.85 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00018 / 00181

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,164

Year Built

2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: Sunset
  • Co List Office Phone: 973-783-6900
  • MLS Status: Sold - Sold
  • Directions: Rte 23 to Vincent Rd, Eileen Dr to Ledgewood
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built (Public Record): 2007

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Exercise Rm, Gar Ent, Rec Rm, Storage Tm

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 37231.0

Tax Info

  • Tax Annual Amount: 27164.0
  • Tax Block: 00181
  • Tax Lot: 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 4, 2022
Sold by
Vita Li Adele and Vita Richard
Bought by
Kassab Ali and Taleb Marwa
Seller's Agent
Michael Mcdonnell
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Roseann Thompson
Prominent Properties Sotheby's International Realty-Franklin Lakes
List Price
$1,249,999
Sold Price
$1,320,000
Premium/Discount to List
$70,001
5.6%
Total Days on Market
14
Current Estimated Value
$1,596,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,431
Avg. Annual Appreciation
6.59%
Original Mortgage
$970,800
Outstanding Balance
$925,045
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$671,386

Purchase Details

Listed on
Jul 17, 2015
Closed on
Jul 4, 2015
Sold by
Sharma Atul
Bought by
Vitali Adele and Vitali Richard
Seller's Agent
LUCIA THAU
LUXURY LIVING COMPANY, LLC
Buyer's Agent
Marie Dasaro
KELLER WILLIAMS SUBURBAN REALTY
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Feb 8, 2008
Sold by
Park Ridge Estates Llc
Bought by
Sharma Atul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.75%
Mortgage Type
New Conventional

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
Kassab Ali $1,320,000 Levy Edward S
Vitali Adele $750,000 --
Sharma Atul $1,417,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassab Ali $970,800
Previous Owner Sharma Atul $1,020,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $1,320,000 +5.6% --
03/25/2022 03/25/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,249,999 +66.7% --
07/17/2015 07/17/15 Sold $750,000 -- --
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 $26,865 $1,029,300 $395,000 $634,300
2022 $26,391 $1,029,300 $395,000 $634,300
2021 $26,072 $1,029,300 $395,000 $634,300
2020 $27,959 $1,087,900 $395,000 $692,900
2019 $26,679 $1,062,500 $395,000 $667,500
2018 $25,458 $1,062,500 $395,000 $667,500
2017 $25,181 $1,062,500 $395,000 $667,500
2016 $24,406 $1,062,500 $395,000 $667,500
2015 $23,843 $1,062,500 $395,000 $667,500
2014 $23,354 $1,062,500 $395,000 $667,500
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 22007955

New Jersey MLS

APN: 04-00181-0000-00018