NOT LISTED FOR SALE

515 Grove St Montclair, NJ 07043

Estimated Value: $2,039,000 - $3,306,000

6 Beds
5.5 Baths
2,753 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $2,300,000 $835 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $20,532/month

62 Days on Market

Highlights

  • New Construction
  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Bradford School Rated A-
  • Stairway
  • Rectangular Lot

About This Home

As of July 2022

New construction modern farmhouse 6,200+ sq ft over 3 levels. Lrg entry doors & amazing floating staircase. Open floorplan w/12 ft ceilings, wide-plank HW flooring, LR, DR, & FR w/FP & 4 panel folding slider opens to huge wrap-around deck. dream kitchen has custom cabinetry w/ double pantry, massive island, quartz counters, smart faucets, high-end Wi-fi appliances w/ chef range & secondary undercounter refrigeration, 2 dishwashers, 2 sinks, & wine cooler. Office ensuite & rear mud RM. 2nd flr: 4 BR, 3 BA & laundry. All BRs w/custom WICs. MBR has vaulted ceilings, ceiling beams, FP. MBA: wet room w/soaking tub, multiple shower faucets, an oversized teak vanity w/ marble counters, heated floors & towel warmer. Finished bsmt w/wine room, gym, BR, BA, FR & dog wash. Huge yard w/patio, firepit, & outdoor kit. Deck features a rain drainage system! The 3-car detached garage w/ electric car charger. Near Brookdale Park, shops, restaurants, bus to NYC, train. A Rustic Appeal, LLC project.

Last Agent to Sell the Property

Alexandra Morera

Real Listed on: 04/13/2022

Real

Last Buyer's Agent

Angela Mccaffrey

Compass New Jersey, LLC-Montclair

Compass New Jersey, LLC-Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,039

Lot Details

  • 0.46 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • New Construction

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Additional Features

  • Stairway
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00010 / 03608

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,039

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 340-2277
  • MLS Status: Sold - Sold
  • Directions: Route 3 or Watchung to Grove
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: 2story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: LAUNDRY, WINE, GYM, REC, BR, BATH, DOG WASH

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Heating: Natural Gas, Zoned

Schools

  • Elementary School: Magnet
  • High School: Montclair HS
  • Middle Or Junior School: Magnet
  • Elementary: Magnet

Lot Info

  • Lot Size Sq Ft: 19998.0

Tax Info

  • Tax Annual Amount: 24039.0
  • Tax Block: 03608
  • Tax Lot: 00010

MLS Schools

  • High School Text: Montclair HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jul 25, 2022
Sold by
Rustic Appeal Llc
Bought by
Wein Spencer D and Wein Abby B
Seller's Agent
Alexandra Morera
Real
Buyer's Agent
Angela Mccaffrey
Compass New Jersey, LLC-Montclair
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$2,952,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,191
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,610,000
Outstanding Balance
$1,524,993
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,267,935

Purchase Details

Listed on
Jun 26, 2020
Closed on
Jun 9, 2020
Sold by
Decutsche Bank National Trust Company
Bought by
Rustic Appeal Llc
Seller's Agent
Joseph Simone
HOWARD HANNA RAND REALTY
Buyer's Agent
ALEXANDRA MORERA
REAL
List Price
$599,500
Sold Price
$595,000
Premium/Discount to List
-$4,500
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.39%

Purchase Details

Closed on
Oct 23, 2003

Purchase Details

Closed on
Jul 19, 1995
Sold by
Maffucci Mina
Bought by
Carnegie Helen and Morton Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.61%

Purchase Details

Closed on
Oct 18, 1991
Sold by
Maffucci Angelo and Maffucci Mina
Bought by
Maffucci Mina
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
Wein Spencer D $2,300,000 None Listed On Document
Rustic Appeal Llc $595,000 Max Title Agency Llc
-- -- --
Carnegie Helen $257,400 --
Maffucci Mina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wein Spencer D $1,610,000
Previous Owner Rustic Appeal Llc $500,000
Previous Owner Morton Helen $645,000
Previous Owner Morton Helen E $125,000
Previous Owner Carnegie Helen $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $2,300,000 -1.1% $835 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $2,325,000 -5.1% $845 / Sq Ft
05/11/2022 05/11/22 Price Changed $2,450,000 -2.0% $890 / Sq Ft
04/13/2022 04/13/22 For Sale $2,500,000 +320.2% $908 / Sq Ft
07/06/2020 07/06/20 Sold $595,000 -0.8% $216 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $599,500 -- $218 / 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 $53,360 $1,578,700 $328,000 $1,250,700
2024 $53,360 $1,578,700 $328,000 $1,250,700
2022 $10,785 $328,000 $328,000 $0
2021 $18,846 $583,300 $328,000 $255,300
2020 $24,040 $756,200 $328,000 $428,200
2019 $23,790 $756,200 $328,000 $428,200
2018 $23,397 $756,200 $328,000 $428,200
2017 $26,855 $719,200 $331,200 $388,000
2016 $26,136 $719,200 $331,200 $388,000
2015 $25,359 $719,200 $331,200 $388,000
2014 $24,510 $719,200 $331,200 $388,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22012506

New Jersey MLS

APN: 13-03608-0000-00010