NOT LISTED FOR SALE

540 Lafayette Ave Westwood, NJ 07675

Estimated Value: $1,070,000 - $1,166,573

3 Beds
3 Baths
-- Sq Ft
0.84 Acres

Last Sold July 21, 2023

Last sale price $980,000

Est. 14% increase in value since last sale

Current estimated payment $7,425/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • 36,765 Sq Ft lot
  • En-Suite Primary Bedroom
  • Westwood Regional High School Rated A-
  • Views to the East
  • Central Air

About This Home

As of July 2023

Welcome to this stunning ranch-style home w/3 bedrooms & 3 full baths! The inviting foyer leads to a gourmet kitchen w/ custom copper hood, Wolf cook top, Sub Zero fridge, & coffee station. French doors open to a banquet-size dining room, living room, & family room w/wood-burning fireplace (AS IS) with custom built-ins. Large sliders open to the patio & heated gunite in-ground pool, perfect for outdoor entertaining. The Master Bedroom boasts a spacious layout, walk-in closet, MBTH w/separate shower & soaking tub. Two additional generous bdrms, fbth, & laundry rm provide added convenience. The bsmt includes a summer kitchen, huge rec room, den/office, & ample storage space. Add'l features includes a circular paver driveway, travertine patio, Ludowici clay roof, 2-detached car garage, sprinkler sys, & Brazilian hdwd floors. Conveniently located near downtown Westwood, train station & NYC. This is an "estate sale" being sold strictly AS IS with no credits or repairs will be issued.

Last Agent to Sell the Property

Arwa Abbassi

Coldwell Banker, Allendale/Saddle River Valley Listed on: 05/08/2023

Coldwell Banker, Allendale/Saddle River Valley

Last Buyer's Agent

Arwa Abbassi

Coldwell Banker, Allendale/Saddle River Valley Listed on: 05/08/2023

Coldwell Banker, Allendale/Saddle River Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,592

Lot Details

  • 0.84 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Views to the East
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00001 / 00202

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,592

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: East
  • Co List Office Phone: 201-930-8820
  • Outside Inclusions: ALL KITCHEN APPLIANCES AND LIGHT FIXTURES
  • MLS Status: Sold - Sold
  • Directions: LAFAYETTE
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1960's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: FULL FINISHED, SUMMER KITCHEN, LARGE REC RM, DEN, LAUNDRY, STORAGE

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: 2 SETS OF WASHER/DRYER (NEGOTIABLE)
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Lot Info

  • Lot Size Sq Ft: 36765.0

Tax Info

  • Tax Annual Amount: 17592.0
  • Tax Block: 00202
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 21, 2023
Sold by
Michael Basile Properties Llc
Bought by
Kostaras Vasileios and Matzarioti-Kostara Sofia
Seller's Agent
Arwa Abbassi
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
Arwa Abbassi
Coldwell Banker, Allendale/Saddle River Valley
List Price
$950,000
Sold Price
$980,000
Premium/Discount to List
$30,000
3.16%
Views
62
Current Estimated Value
$1,121,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,143
Avg. Annual Appreciation
6.11%
Original Mortgage
$726,200
Outstanding Balance
$708,487
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$412,656

Purchase Details

Closed on
Dec 1, 2018
Sold by
Basile Michael R
Bought by
Michael Basile Props Llc
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
Kostaras Vasileios $980,000 Old Republic Title
Kostaras Vasileios $980,000 Old Republic Title
Michael Basile Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostaras Vasileios $726,200
Closed Kostaras Vasileios $726,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $980,000 +3.2% --
06/01/2023 06/01/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $950,000 -- --
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 $18,688 $910,000 $352,300 $557,700
2024 $17,674 $855,700 $323,700 $532,000
2023 $17,593 $770,800 $304,500 $466,300
2022 $17,593 $730,600 $287,700 $442,900
2021 $17,764 $708,000 $274,200 $433,800
2020 $17,654 $696,700 $268,800 $427,900
2019 $17,433 $691,800 $267,000 $424,800
2018 $16,902 $680,700 $263,800 $416,900
2017 $16,918 $674,300 $260,700 $413,600
2016 $15,925 $606,200 $251,700 $354,500
2015 $15,422 $606,200 $251,700 $354,500
2014 $15,107 $606,200 $251,700 $354,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23013550

New Jersey MLS

APN: 67-00202-0000-00001