NOT LISTED FOR SALE

502 Tappan Rd Norwood, NJ 07648

Estimated Value: $673,000 - $886,284

4 Beds
2 Baths
1,436 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $495,000 $345 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,956/month

43 Days on Market

Highlights

  • 17,929 Sq Ft lot
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Norwood Public School Rated A

About This Home

As of August 2022

A diamond in the rough! With your finishing touches, you can make this 4 Bedroom 2 Full Bath home your own! Enter into spacious living room, with wood floors under the carpet. Dining area leads into eat in kitchen. Laundry located off the kitchen as well as basement. Back door leads out to park-like property 216' deep! Primary suite located on the right side of the home. Three generous sized bedrooms and one full hallway bath complete the layout of this home. Lots of closets and storage. Basement is full, unfinished and has garage access. Have vision and don't miss this opportunity to live in Norwood with it's Blue Ribbon schools and Northern Valley Regional High School in Old Tappan. Steps from NYC transportation and close to all Norwood has to offer!

Last Agent to Sell the Property

Lisa Bonhotal

Coldwell Banker, Alpine/Closter Listed on: 05/05/2022

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Dianne Halbach

Coldwell Banker, Kinnelon/Butler

Coldwell Banker, Kinnelon/Butler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,057

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 83x216
  • Rectangular Lot

Bedrooms and Bathrooms

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

Schools

  • Norwood Public Elementary And Middle School
  • Nv Old Tappan High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00014 / 00122

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,057

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-767-0550
  • MLS Status: Sold - Sold
  • Directions: Tappan Road
  • Reso Fireplace Features: None
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Unfinished, laundry, garage access

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas

Schools

  • Elementary School: Norwood Public
  • High School: NV Old Tappan
  • Middle Or Junior School: Norwood Public
  • Elementary: Norwood Public

Lot Info

  • Lot Dimensions: 83x216
  • Lot Size Sq Ft: 17929.0

Tax Info

  • Tax Annual Amount: 10057.0
  • Tax Block: 00122
  • Tax Lot: 00014

MLS Schools

  • High School Text: NV Old Tappan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 8, 2022
Sold by
Donald S Lapham Family Trust
Bought by
Argenti Mark Joseph and Pensabene Alexa
Seller's Agent
Lisa Bonhotal
Coldwell Banker, Alpine/Closter
Buyer's Agent
Dianne Halbach
Coldwell Banker, Kinnelon/Butler
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%
Current Estimated Value
$747,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,321
Avg. Annual Appreciation
14.46%
Original Mortgage
$445,000
Outstanding Balance
$424,863
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$322,458

Purchase Details

Closed on
Aug 30, 2015
Sold by
Lapham Audray W and Estate Of Donald S Lapham Jr
Bought by
Lapham Audray W and Lapham Kenneth J
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
Argenti Mark Joseph $495,000 Realsafe Title
Lapham Audray W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Argenti Mark Joseph $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $495,000 -9.2% $345 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $545,000 -5.2% $380 / Sq Ft
05/05/2022 05/05/22 For Sale $575,000 -- $400 / 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 $10,985 $402,900 $317,700 $85,200
2024 $10,569 $399,600 $317,700 $81,900
2023 $9,826 $399,600 $317,700 $81,900
2022 $10,326 $399,600 $317,700 $81,900
2021 $9,790 $399,600 $317,700 $81,900
2020 $10,058 $399,600 $317,700 $81,900
2019 $9,766 $399,600 $317,700 $81,900
2018 $9,758 $399,600 $317,700 $81,900
2017 $9,710 $399,600 $317,700 $81,900
2016 $9,487 $399,600 $317,700 $81,900
2015 $8,865 $399,600 $317,700 $81,900
2014 $8,761 $399,600 $317,700 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22015723

New Jersey MLS

APN: 41-00122-0000-00014