NOT LISTED FOR SALE

5 Palm Terrace Ringwood, NJ 07456

Estimated Value: $258,000 - $398,000

2 Beds
1 Bath
762 Sq Ft
$442/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $165,800 $218 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,418/month

106 Days on Market

Highlights

  • Ranch Style House
  • Detached Carport Space
  • Forced Air Heating System

About This Home

As of February 2022

Just listed. 762 s/f 2 bdrm 1 bath Ranch with room for expansion. Located near Skyline Lake and across the street from a Park. Don't miss this great opportunity.

Last Agent to Sell the Property

TINA CERNUDA

RE/MAX VILLA REALTORS Listed on: 10/20/2021

Last Buyer's Agent

DANNY NUNEZ

REALTY ONE GROUP LEGEND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,536

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Ranch Style House
  • Aluminum Siding
  • Siding
  • Composite Building Materials

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Detached Carport Space

Utilities

  • Forced Air Heating System
  • Standard Electricity
  • Cesspool
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2511-00718-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,536

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1955
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 5
  • Directions: High Mountain Rd To Palm
  • I D: 5111068
  • Modified: 2023-02-23
  • Number Images: 9
  • First Name: TINA
  • First Name3: DANNY
  • Last Name: CERNUDA
  • Last Name3: NUNEZ
  • Office Phone: 201-886-2008
  • Office Phone3: 973.772.0660
  • Attribution Contact: 201-868-3100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Galley Type
  • Phone: 201-868-3100

Exterior Features

  • Exterior Description: Aluminum Siding, Composition Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Detached
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Cesspool, Septic
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 60X100
  • Assessed Improvement Value: 43600
  • Assessed Land Value: 125400
  • Assessment: 169000
  • Easement: Unknown
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6536
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2511-00718-0000-00011-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.868
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Feb 9, 2022
Sold by
Residential Credit Opportunities Trust
Bought by
Tc Design Inc
Seller's Agent
TINA CERNUDA
RE/MAX VILLA REALTORS
Buyer's Agent
DANNY NUNEZ
REALTY ONE GROUP LEGEND
List Price
$169,900
Sold Price
$165,800
Premium/Discount to List
-$4,100
-2.41%
Current Estimated Value
$336,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,013
Avg. Annual Appreciation
22.70%

Purchase Details

Closed on
Oct 25, 2021
Sold by
Carisbrook Asset Holding Trust
Bought by
Wilmington Savings Fund Society Fsb and Reisdential Credit Opportunities Tr Vii

Purchase Details

Closed on
Sep 7, 2021
Sold by
Mann Thomas M and Lehrer Ethel
Bought by
Carisbrook Asset Holding Trust

Purchase Details

Closed on
May 25, 1999
Sold by
Panlilio Marcos A and Mann Thomas M
Bought by
Mann Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Tc Design Inc $165,800 Morrow Michael P
Wilmington Savings Fund Society Fsb -- None Available
Carisbrook Asset Holding Trust -- None Available
Mann Thomas M -- Quest Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mann Thomas M $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $165,800 -2.4% $218 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $169,900 0.0% $223 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
12/09/2021 12/09/21 Price Changed $169,900 -5.6% $223 / Sq Ft
11/16/2021 11/16/21 For Sale $179,900 0.0% $236 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $179,900 -- $236 / Sq Ft
Source: Garden State 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 $7,035 $169,000 $125,400 $43,600
2024 $6,802 $169,000 $125,400 $43,600
2022 $6,701 $169,000 $125,400 $43,600
2021 $6,611 $169,000 $125,400 $43,600
2020 $6,537 $169,000 $125,400 $43,600
2019 $6,432 $169,000 $125,400 $43,600
2018 $6,321 $169,000 $125,400 $43,600
2017 $6,177 $169,000 $125,400 $43,600
2016 $6,113 $169,000 $125,400 $43,600
2015 $5,942 $169,000 $125,400 $43,600
2014 $5,741 $169,000 $125,400 $43,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TINA CERNUDA

    RE/MAX

  • D

    Buyer's Agent in 2022

    DANNY NUNEZ

    REALTY ONE GROUP LEGEND

See All Agents

Map

Source: Garden State MLS

MLS Number: 3747649

Garden State MLS

APN: 11-00718-0000-00011

New Jersey Passaic County Ringwood 07456

5 Palm Terrace, Ringwood, NJ

This home is located at 5 Palm Terrace, Ringwood, NJ 07456 since 20 October 2021 and is currently estimated at $336,813, approximately $442 per square foot. This property was built in 1955. 5 Palm Terrace is a home located in Passaic County with nearby schools including Peter Cooper Elementary School, Eleanor G. Hewitt Intermediate School, and Martin J. Ryerson Middle School.

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