NOT LISTED FOR SALE

516 Cannella Way Riverdale, NJ 07457

Estimated Value: $289,000 - $314,000

1 Bed
1 Bath
840 Sq Ft
$229/mo HOA Fee

Last Sold March 01, 2022

Last sale price $230,000 $274 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,201/month

21 Days on Market

Highlights

  • Private Pool
  • Deck
  • Living Room
  • Clubhouse
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of March 2022

Powder Mill 55 + Community in Riverdale. Excellent 1st floor condo interior facing the pool. Just off the front door entrance is this spacious one bedroom Condo. The foyer leads you to the nice size Living Room w/slider to your private deck. Large Eat in Kitchen, plenty of cabinets & counter space. All applicances included. The Bedroom is a good size, ceiling fans with lights and laminant flooring throughout. Full handicap Bathroom that's light and bright. You have your own stackable washer/dryer and BONUS is large storage unit in the basement. Assigned parking #110 along with loads of visitor parking. Secured entrances, lobby area, Community Room with Kitchen set up and outdoor pool. You'll love the low taxes and HOA Fees which include your water & sewer. The convenience of Powder Mill Condo offers you quick access to Rt. 23, Interstate 287 and Bergen Cty. Rt. 208. Close to shopping, restaurants and parks. Make the move today!

Last Agent to Sell the Property

Colleen McMahon

C-21 CREST REAL ESTATE, INC. Listed on: 01/20/2022

Last Buyer's Agent

WILLIAM J. KELLY

HOWARD HANNA RAND REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 2000

Lot Details

  • 2,614

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • Storage Room
  • Laundry Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2333-00029-0000-00009-0516-
  • Tax Block *

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,583

Year Built

Built in 2000

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2000
  • Year Built Description: Approximate
  • County Name: Morris
  • Handicap Modified: Yes
  • Street Number Display: 516
  • Directions: ROUTE 23 / NEWARK POMPTON TURNPIKE / COTLUSS / POWDER MILL COMPLEX BUILDING #5
  • I D: 5124720
  • Modified: 2023-03-02
  • Number Images: 18
  • Section Subdiv Development: POWDER MILL 55 COMMUNITY
  • First Name: COLLEEN
  • First Name3: WILLIAM J.
  • Last Name: MCMAHON
  • Last Name3: KELLY
  • Office Phone: 973-646-7419
  • Office Phone3: 201-653-3933
  • Attribution Contact: 973-686-1500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Floor Number: 1
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator, Stackable Washer/Dryer
  • Interior Amenities: Blinds, Smoke Detector, StallShw
  • Number Rooms: 3
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Other Room 3: Storage Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: 1 Bedroom, Bath Main, Kitchen, Laundry Room, Living Room
  • Phone: 973-686-1500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Blacktop, Lighting, Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Association, Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Association, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Kitchen Facilities, Pool-Outdoor
  • Association Maintenance Fee: 229
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: R

Lot Info

  • Lot Size: 0.0646 AC
  • Assessed Improvement Value: 63300
  • Assessed Land Value: 128000
  • Assessment: 191300
  • Lot Description: Level Lot
  • Lot Identifier: 9.516
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Rental Info

  • Pets Allowed: Call, NumLimit

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3583
  • Assessor Parcel Number: 2333-00029-0000-00009-0516-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.908
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 1, 2022
Sold by
Arena Philip A
Bought by
Schwartz David A and Schwartz Ann Marie
Seller's Agent
Colleen McMahon
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
WILLIAM J. KELLY
HOWARD HANNA RAND REALTY
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Current Estimated Value
$304,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,813
Avg. Annual Appreciation
8.11%

Purchase Details

Listed on
Jan 24, 2012
Closed on
Jan 24, 2012
Sold by
Osborne Brenda
Bought by
Arena Assunta
Seller's Agent
DANIELLE FIORINA
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
Christine Bruno
COLDWELL BANKER REALTY
Sold Price
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Osborne Brenda
Bought by
Osborne Brenda

Purchase Details

Closed on
Jul 26, 2005
Sold by
Difalco Robert
Bought by
Osbourne Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Powder Mill Development Corp
Bought by
Difalco Robert
Source: Public Records

Range of Values:

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Average Value
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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
Schwartz David A $230,000 Chicago Title
Arena Assunta $168,000 None Available
Osborne Brenda -- --
Osbourne Brenda $224,900 --
Difalco Robert $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osbourne Brenda $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $230,000 -4.1% $274 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $239,900 +42.8% $286 / Sq Ft
01/24/2012 01/24/12 Sold $168,000 -- $200 / Sq Ft View Prior Sale
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 $4,183 $229,100 $157,500 $71,600
2024 $4,039 $229,100 $157,500 $71,600
2023 $4,039 $221,300 $152,500 $68,800
2022 -- $201,500 $137,500 $64,000
2021 $0 $191,300 $128,000 $63,300
2020 $0 $181,500 $126,000 $55,500
2019 $0 $182,800 $125,000 $57,800
2018 $0 $178,800 $123,000 $55,800
2017 $0 $162,000 $110,000 $52,000
2016 $0 $157,000 $105,000 $52,000
2015 -- $157,000 $105,000 $52,000
2014 -- $157,000 $105,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3759982

Garden State MLS

APN: 33-00029-0000-00009-516