Seller's Agent in 2021
Kay Suh
C Land Realty Co. Pal Park
(201) 852-0107
3 in this area
143 Total Sales
51 Mcdermott Way Englewood Cliffs, NJ 07632
Englewood Cliffs NeighborhoodEstimated Value: $2,341,000 - $2,670,000
5
Beds
4.5
Baths
5,404
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- Mountain View
- Deck
- Property is near a park
- Upper School Elementary School Rated A
- Contemporary Architecture
- Cul-De-Sac
About This Home
As of March 2021Epitomizing the elegance and refinement of homes is 51 Mcdermott Way. Discover the quintessence of splendor living at the peak of a serene cul-de-sac in the prestigious town of Englewood Cliffs. Step in to the breath taking entry foyer boasting its cathedral ceilings and a masterpiece chandelier. From there walk into the state of the art eat in kitchen featuring Wolf and Subzero appliances. Banquet-sized dining room, customized crown moldings, and top of the line hardwood flooring are also highlights. Come upon two spacious rooms each with its own full bath upstairs. Along with those rooms, find an extra bedroom perfect for guests and the master suite with a spectacular collaboration of classic design, custom designed walk-in closet, and a stunning bathroom. Ground floor is perfect for a family room, gym or any other type of entertainment for the family. Upscale generator is in place for emergencies. Location offers close proximity to shopping, restaurants, and Nyc transportation.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,944
Year Built
- 2007
Lot Details
- 0.32 Acre Lot
- Cul-De-Sac
Parking
- Attached Garage
Home Design
- Built in the 2000s
- Contemporary Architecture
- Stone Exterior Construction
Interior Spaces
- Central Vacuum
- Fireplace
- Mountain Views
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Gas
Additional Features
- Stairway
- Deck
Community Details
- Security
Listing and Financial Details
- Assessor Parcel Number 021600101 000050001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2021
Closed on
Mar 2, 2021
Sold by
Park Jessica Ae and Park Gene Jiyoon
Bought by
Tutelman Eduard and Zhislin Alla
Seller's Agent
Kay Suh
C Land Realty Co. Pal Park
Buyer's Agent
Ray Park
RE/MAX Now
List Price
$1,970,000
Sold Price
$1,850,000
Premium/Discount to List
-$120,000
-6.09%
Total Days on Market
35
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
$657,508
Avg. Annual Appreciation
7.58%
Purchase Details
Closed on
Jul 13, 2007
Sold by
The Frederic Co
Bought by
Park Yoon Sik
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.54%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Tutelman Eduard | $1,850,000 | Blueland Title Agency Inc | |
| Park Yoon Sik | $2,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Park Yoon Sik | $1,000,000 | |
| Previous Owner | Park Yoon Sik | $1,450,000 | |
| Previous Owner | Park Yoon Sik | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2021 03/08/21 | Sold | $1,850,000 | -6.1% | $342 / Sq Ft |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- |
| 01/19/2021 01/19/21 | For Sale | $1,970,000 | -- | $365 / Sq Ft |
Source: New Jersey 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 |
|---|---|---|---|---|
| 2024 | $21,109 | $1,850,000 | $808,500 | $1,041,500 |
| 2023 | $20,776 | $1,850,000 | $808,500 | $1,041,500 |
| 2022 | $20,776 | $1,850,000 | $808,500 | $1,041,500 |
| 2021 | $20,209 | $2,341,000 | $808,500 | $1,532,500 |
| 2020 | $26,945 | $2,341,000 | $808,500 | $1,532,500 |
| 2019 | $25,306 | $2,341,000 | $808,500 | $1,532,500 |
| 2018 | $24,417 | $2,341,000 | $808,500 | $1,532,500 |
| 2017 | $23,363 | $2,341,000 | $808,500 | $1,532,500 |
| 2016 | $22,918 | $2,341,000 | $808,500 | $1,532,500 |
| 2015 | $21,771 | $2,341,000 | $808,500 | $1,532,500 |
| 2014 | $20,367 | $2,341,000 | $808,500 | $1,532,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kay Suh
-
Ray Park
Buyer's Agent in 2021
Ray Park
RE/MAX Now
(201) 891-8000
1 in this area
44 Total Sales
Map
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Source: New Jersey MLS
MLS Number: 21002116
APN: 16-00101-0000-00005-01
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