Seller's Agent in 2020
Diane Brady
RE/MAX
(973) 885-3797
18 in this area
30 Total Sales
5 Patrick Ct Boonton, NJ 07005
Estimated Value: $1,560,000 - $1,923,000
5
Beds
4.5
Baths
6,266
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Sitting Area In Primary Bedroom
- Custom Home
- Conservatory Room
- Montville Township High School Rated A
- 3.25 Acre Lot
- Deck
About This Home
As of August 2020Magnificent custom colonial, distinctively designed and skillfully built, set on 3.25 acres, w/ 6200 sq ft, this 5 bedroom, 4.1 bath is located on private cul-de-sac in prestigious Bear Rock Estates! Special features include an impressive 2 story entry foyer. Gourmet kitchen w/ granite, ss appliances, breakfast room and back staircase. Spectacular Great Room where the entertaining happens, w/ abundance of natural light. Formal living and dining rooms. 1st flr au pair/bd/office suite w/ full bath. 2nd flr bedrooms include grand primary suite w/ separate sitting area, gas fireplace, his and her custom closets, and tray ceiling. Luxurious bath w/ marble flooring, his and her vanities. 3 additional large bedrooms. Finished w/o basement w/ gas fireplace, heated over-sized 4 car gar. Enjoy the privacy on huge deck!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,391
Year Built
- Built in 2006
Lot Details
- 3.25 Acre Lot
- Cul-De-Sac
- Level Lot
- Sprinkler System
- Wooded Lot
Parking
- 4 Car Attached Garage
- Inside Entrance
- Garage Door Opener
- Circular Driveway
- Paver Block
Home Design
- Custom Home
- Colonial Architecture
- Brick Exterior Construction
- Tile
Interior Spaces
- 6,266 Sq Ft Home
- Wet Bar
- Cathedral Ceiling
- Wood Burning Fireplace
- Gas Fireplace
- Thermal Windows
- Window Treatments
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Great Room with Fireplace
- Living Room
- Breakfast Room
- Formal Dining Room
- Home Office
- Recreation Room
- Conservatory Room
- Storage Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Gas Oven or Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Powder Room
- In-Law or Guest Suite
- Bidet
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
- Storm Windows
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- W.Mason Elementary School
- Lazar Middle School
- Montville High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Standard Electricity
- Gas Water Heater
- Water Softener is Owned
- Septic System
Listing and Financial Details
- Assessor Parcel Number 2321-00001-0000-00011-0063-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2020
Closed on
Aug 27, 2020
Sold by
Olimpio Edward C and Olimpio Suzanne
Bought by
Shah Bankim and Shah Rachna
Seller's Agent
Diane Brady
RE/MAX NEIGHBORHOOD PROPERTIES
Buyer's Agent
Romila Bajaj
WEICHERT REALTORS
List Price
$1,299,000
Sold Price
$1,212,500
Premium/Discount to List
-$86,500
-6.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,252
Avg. Annual Appreciation
7.72%
Original Mortgage
$877,500
Outstanding Balance
$780,153
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$987,599
Purchase Details
Closed on
May 1, 2007
Sold by
Sarra Construction Co Inc
Bought by
Olimpio Edward G and Olimpio Suzanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 23, 2004
Sold by
Bear Rock Investors
Bought by
Sarra Construction Co
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shah Bankim | $1,212,500 | Old Republic Title Ins Co | |
| Olimpio Edward G | $1,850,000 | Commonwealth Land Title Insu | |
| Sarra Construction Co | $662,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Bankim | $877,500 | |
| Previous Owner | Olimpio Edward G | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2020 08/31/20 | Sold | $1,212,500 | -6.7% | $194 / Sq Ft |
| 07/29/2020 07/29/20 | Pending | -- | -- | -- |
| 07/06/2020 07/06/20 | For Sale | $1,299,000 | -- | $207 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $31,516 | $1,187,500 | $422,600 | $764,900 |
| 2024 | $30,851 | $1,187,500 | $422,600 | $764,900 |
| 2023 | $30,851 | $1,187,500 | $422,600 | $764,900 |
| 2022 | $29,913 | $1,187,500 | $422,600 | $764,900 |
| 2021 | $29,913 | $1,187,500 | $422,600 | $764,900 |
| 2020 | $29,308 | $1,187,500 | $422,600 | $764,900 |
| 2019 | $28,785 | $1,187,500 | $422,600 | $764,900 |
| 2018 | $28,536 | $1,187,500 | $422,600 | $764,900 |
| 2017 | $27,799 | $1,187,500 | $422,600 | $764,900 |
| 2016 | $30,113 | $1,314,400 | $422,600 | $891,800 |
| 2015 | $29,640 | $1,314,400 | $422,600 | $891,800 |
| 2014 | $29,245 | $1,314,400 | $422,600 | $891,800 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Brady
-
Romila Bajaj
R
Buyer's Agent in 2020
Romila Bajaj
WEICHERT REALTORS
(956) 844-6612
4 in this area
110 Total Sales
Map
Source: Garden State MLS
MLS Number: 3645504
APN: 21-00001-0000-00011-63
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