NOT LISTED FOR SALE

503 Academy St South Orange, NJ 07079

Estimated Value: $817,000 - $941,000

4 Beds
1.5 Baths
1,709 Sq Ft
$504/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $524,000 $307 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,896/month

77 Days on Market

Highlights

  • Victorian Architecture
  • Home Office
  • 2 Car Detached Garage
  • Clinton Elementary School Rated A-
  • Formal Dining Room
  • 3-minute walk to Ritzer Field

About This Home

As of June 2020

Charming home awaits you! From the moment you step in, you'll be pleased. Columns, tall ceilings, easy, open flow! On the first floor is the living room, dining room, eat-in renovated kitchen, and powder room. The second floor has two nice sized bedrooms, office/bedroom, and the main bath. Two additional bedrooms are on the third floor. To the rear of the home is a deck, and the front is a wrap around porch. (Think, summer nights on the porch gazing at the stars!) Located less than a mile from both South Orange and Maplewood train stations. Shops and restaurants are close by. And Lower Taxes. Simply, a terrific place to call home!

Last Agent to Sell the Property

Collette Andrews

COLDWELL BANKER REALTY Listed on: 01/23/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

TIMOTHY TYLER

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,753

Year Built

  • Built in 1904

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Clapboard

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Clinton Elementary School
  • S Orange Middle School
  • Columbia High School

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 1619-02218-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,753

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Style: Victorian
  • Primary Style: Victorian
  • Subproperty Type: Single Family
  • Year Built: 1904
  • County Name: Essex
  • Street Number Display: 503
  • Directions: parker to academy
  • I D: 4957317
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: COLLETTE
  • First Name3: TIMOTHY
  • Last Name: ANDREWS
  • Last Name3: TYLER
  • Office Phone3: 973-913-1037
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer-Freestanding, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Second
  • Level 1 Rooms: Dining Room, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Office
  • Level 3 Rooms: 2 Bedrooms
  • Phone: 973-378-8300

Exterior Features

  • Exterior Description: Clapboard
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: CLINTON
  • Middle School: S ORANGE
  • High School: COLUMBIA
  • High School: COLUMBIA
  • Middle Jr High School: S ORANGE

Lot Info

  • Lot Size: .171 AC
  • Assessed Improvement Value: 160900
  • Assessed Land Value: 237900
  • Assessment: 398800
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12753
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1619-02218-0000-00001-0000-
  • Tax Rate Amount: 3.198
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: CLINTON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 20, 2020
Sold by
Belt Sheila and Belt Douglas
Bought by
Costas Muniz Rosario and Castro Jonathan
Seller's Agent
Collette Andrews
COLDWELL BANKER REALTY
Buyer's Agent
TIMOTHY TYLER
COLDWELL BANKER REALTY
List Price
$550,000
Sold Price
$524,000
Premium/Discount to List
-$26,000
-4.73%
Current Estimated Value
$861,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,896
Avg. Annual Appreciation
9.51%
Original Mortgage
$78,600
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
8.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 1999
Sold by
Moskovitz Steven
Bought by
Belt Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
7.77%

Purchase Details

Closed on
Jan 25, 1996
Sold by
Fidanakis Peter
Bought by
Moskowitz Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 30, 1995
Sold by
Andrew Seymour
Bought by
Fidanakis Peter
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
Costas Muniz Rosario $524,000 Evident Title Agency Inc
-- -- --
Belt Sheila $150,000 --
Moskowitz Steven $139,900 --
Fidanakis Peter $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costasmuniz Rosario $128,200
Previous Owner Costas Muniz Rosario $78,600
Previous Owner Costas Muniz Rosario $419,200
Previous Owner -- $348,000
Previous Owner Belt Sheila $279,000
Previous Owner Belt Sheila $143,100
Previous Owner Moskowitz Steven $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $524,000 -4.7% $307 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $550,000 -- $322 / 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 $14,504 $573,900 $314,700 $259,200
2024 $14,504 $573,900 $314,700 $259,200
2022 $13,986 $398,800 $237,900 $160,900
2021 $13,499 $398,800 $237,900 $160,900
2020 $13,081 $398,800 $237,900 $160,900
2019 $12,754 $398,800 $237,900 $160,900
2018 $12,562 $398,800 $237,900 $160,900
2017 $12,251 $398,800 $237,900 $160,900
2016 $11,411 $298,100 $169,700 $128,400
2015 $11,146 $298,100 $169,700 $128,400
2014 $10,913 $298,100 $169,700 $128,400
Source: Public Records

Agents Affiliated with this Home

  • Collette Andrews

    Seller's Agent in 2020

    Collette Andrews

    COLDWELL BANKER REALTY

    (917) 749-8863

    6 in this area

    24 Total Sales

    Collette Andrews
    Section Image

  • T

    Buyer's Agent in 2020

    TIMOTHY TYLER

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3611578

Garden State MLS

APN: 19-02218-0000-00001

New Jersey Essex County South Orange 07040

503 Academy St, South Orange, NJ

This home is located at 503 Academy St, South Orange, NJ 07079 since 23 January 2020 and is currently estimated at $861,896, approximately $504 per square foot. This property was built in 1904. 503 Academy St is a home located in Essex County with nearby schools including Clinton Elementary School, South Orange Middle School, and Columbia Senior High School.

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