NOT LISTED FOR SALE

5 Sunset Terrace Newton, NJ 07860

Estimated Value: $591,000 - $639,000

4 Beds
2.5 Baths
2,344 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2019

Last sale price $285,000 $122 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,421 / mo

90 Days on Market

Highlights

  • Custom Home
  • Deck
  • Cathedral Ceiling
  • Florence M. Burd School Rated 9+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of August 2019

Welcome Home! Large 4 BR 2 1/2 bath custom home in Desirable Drake Manor. First floor master ! Very Spacious living with 2 fireplaces. This custom home has eat in kitchen, formal dining room, family room, living room & a full walkout basement with a 2 car garage. Sits on .75 acres. Home features: Hw floors, roof 5 Yo , fresh paint on main floor. This home has large rooms and an open floor plan, great for entertaining. Full basement with finished room for rec room or office plumbed for another possible bath. Property sits back off the road. Don't miss this home! Natural gas in street....Attic is walk in( in closet in 2nd bedroom) to the left up stairs...Central Vac ( as is) appliances (as is) Retaining wall ( as is )

Last Agent to Sell the Property

Laurie Richmond

WEICHERT REALTORS Listed on: 03/13/2019

WEICHERT REALTORS

Last Buyer's Agent

Heather Montalbano

RE/MAX TOWN & VALLEY

RE/MAX TOWN & VALLEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,073

Year Built

  • Built in 1977

Lot Details

  • 33,106 Sq Ft Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Custom Home
  • Asphalt Shingled Roof
  • Wood Shingle Roof

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Coal Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

  • Electric Baseboard Heater
  • Heating System Uses Coal
  • Standard Electricity
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2802-00111-0006-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,073

Year Built

Built in 1977

Lot Details

0.76 Acres

Parking

2

Listing Details

  • Style: Custom Home, Split Level
  • Subproperty Type: Single Family
  • Year Built: 1977
  • Year Built Description: Approximate
  • County Name: Sussex
  • Possible Other Uses: Home-Office
  • Directions: 517 to Sparta ave to Newton Sparta Rd to Club Road to left onto Manor to R on Knox to Left on Sunset Terr.
  • I D: 4876357
  • Section Subdiv Development: Drake Manor
  • First Name: LAURIE
  • First Name3: HEATHER
  • Last Name: RICHMOND
  • Last Name3: MONTALBANO
  • Office Phone: 973-7292700
  • Office Phone3: 973-625-0450
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Fireplace Description: Coal, Family Room, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookElec, Dishwasher
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Bedrooms: 4
  • Master Bedroom Desc: 1st Floor, Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Office, Walkout, Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Second
  • Kitchen Area: Breakfast Bar, Pantry, Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Breakfast Room, Dining Room, Bath Main, Bath(s) Other, Family Room, Kitchen
  • Level 2 Rooms: Den
  • Level 3 Rooms: 3 Bedrooms, Attic, Bath Main
  • Phone: 973-729-2700

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Fuel Type: Coal
  • Heating: Baseboard - Electric
  • Sewer: Septic
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Size: 161X205
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.76
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11073
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2802-00111-0006-00005-0000-
  • Tax Rate Amount: 3.593
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Aug 23, 2019
Sold by
Lundgren Eric A and Lundgren Charles A
Bought by
Wakim Sami and Ibrahim Soha
Seller's Agent
Laurie Richmond
WEICHERT REALTORS
Buyer's Agent
Heather Montalbano
RE/MAX TOWN & VALLEY
List Price
$329,000
Sold Price
$285,000
Premium/Discount to List
-$44,000
-13.37%
Current Estimated Value
$620,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,063
Avg. Annual Appreciation
12.14%
Original Mortgage
$228,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2001
Sold by
Lundgren Charles A and Lundgren Anne O
Bought by
Lundgren Charles A and Lundgren Anne O

Purchase Details

Closed on
Mar 29, 1995
Sold by
Duddy Estelle
Bought by
Anderson Erwin G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wakim Sami $285,000 Key Settlements Inc
Lundgren Charles A -- --
Anderson Erwin G $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wakim Sami $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2019 08/29/19 Sold $285,000 -13.4% $122 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $329,000 -- $140 / Sq Ft
Source: Garden State MLS

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 $12,984 $308,200 $88,900 $219,300
2024 $12,516 $308,200 $88,900 $219,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3538468

Garden State MLS

APN: 02-00111-06-00005

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