NOT LISTED FOR SALE

55 Central Ave Demarest, NJ 07627

Estimated Value: $2,151,000 - $2,591,000

3 Beds
2.5 Baths
1,647 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $570,000 $346 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $15,307/month

21 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • County Road Elementary School Rated A-

About This Home

As of December 2018

Just reduced!! Built year: 1945, Total GLA: 1706 sq.ft. Total lot: 0.22 Acres. Totally renovated in/out and top/bottom. Buy as is. Buyer is responsible to obtain c.o. Built year: 1945, Total GLA: 1706 sq.ft. Total lot: 0.22 Acres. Totally renovated in/out. New wood floors in 2nd floor, new bathrooms, New Kitchen stainless steel appliances with New AC and Furnace with new ductworks and grilles. All exterior, interior walls repaired and freshly painted top to bottom. All new lightings thru home. Large private backyard surrounded with forests. Buy as is. Buyer is responsible to obtain c.o.

Last Agent to Sell the Property

Yoon Whang

C-21 GEMINI, LLC. Listed on: 11/01/2018

Last Buyer's Agent

Yoon Whang

C-21 GEMINI, LLC. Listed on: 11/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,569

Year Renovated

  • 2018

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Updated or Remodeled
  • Aluminum Siding

Interior Spaces

  • Living Room with Fireplace
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1109-00074-0000-00005-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,569

Year Renovated

2018

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate, Renovated
  • County Name: Bergen
  • Exclusions: AS IS
  • Directions: RODNEY PL TO CENTRAL AVE
  • I D: 4849712
  • First Name: YOON
  • First Name3: YOON
  • Last Name: WHANG
  • Last Name3: WHANG
  • Office Phone: 973-894-3919
  • Office Phone3: 973-894-3919
  • Attribution Contact: 973-894-3919
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Bedrooms: 3
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Phone: 973-894-3919

Exterior Features

  • Exterior Description: Aluminum Siding

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 0.224AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.22

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12569
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1109-00074-0000-00005-0000-
  • Tax Rate Amount: 2.484
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Capitalax X7 Llc
Bought by
Machado Mauricio J and Palomo Kathleen
Current Estimated Value
$2,353,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 3, 2018
Sold by
Mtglq Investors Lp
Bought by
Capitalx X7 Llc
Seller's Agent
Yoon Whang
C-21 GEMINI, LLC.
Buyer's Agent
Yoon Whang
C-21 GEMINI, LLC.
List Price
$574,500
Sold Price
$570,000
Premium/Discount to List
-$4,500
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.14%
Original Mortgage
$300,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Sep 18, 2002
Sold by
Macalister Douglas W
Bought by
Lee Kyu J and Lee Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Machado Mauricio J $1,460,000 Stewart Title Guaranty Co
Capitalx X7 Llc $570,000 Interstate 1St Title
Mtglq Investors Lp -- None Available
Lee Kyu J $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machado Mauricio J $1,168,000
Previous Owner Capitalx X7 Llc $300,000
Previous Owner Lee Kyu J $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2018 12/11/18 Sold $570,000 -0.8% $346 / Sq Ft
11/22/2018 11/22/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $574,500 -- $349 / 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 $35,996 $1,988,200 $583,900 $1,404,300
2024 $34,359 $1,177,500 $384,800 $792,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3513029

Garden State MLS

APN: 09-00074-0000-00005