NOT LISTED FOR SALE

550 Grandview Terrace Leonia, NJ 07605

Estimated Value: $1,236,000 - $1,482,000

5 Beds
5 Baths
3,020 Sq Ft
$453/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,420,000 $470 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $9,433/month

26 Days on Market

Highlights

  • Views to the East
  • En-Suite Primary Bedroom
  • Radiant Heating System
  • Anna C. Scott Elementary School Rated A-
  • Central Air

About This Home

As of May 2022

THE MOST DESIRABLE LOCATION IN LEONIA. THIS FABULOUS 3 STORY HOUSE PROVIDE BRICK & CEDAR CUSTOM BUILT BY LEONIA ARCHITECT, ROMEO AYBAR. RE-DESIGNED ROOMS & TOTALLY RENOVATED IN 2016. EVERY ROOMS SURROUNDED AWESOME NATURE PICTURESQUE VIEWS FOUR SEASONS. ENTRANCE FOYER LEADS YOU TO FLOATING STAIRS, HUGE SUNKEN LIVING ROOM, MODERN GORGEOUS KITCHEN HAS TOP QUALITY ALL APPLIANCES, GRANITE COUNTER & CENTER ISLAND. GRAND MASTER SUIT OFFERS SPA LIKE BATHROOM W/RADIANT HEAT FLOOR, LARGE BUILT-IN WALK-IN CLOSET. AN EXTRA LARGE GROUND FL FAMILY ROOM W/FIREPLACE, WET BAR AND ENTRANCE TO GARAGE. THIS HOME BOASTS 2 ZONE CENTRAL AC, RADIANT CEILING HEAT(ENERGY EFFICIENT 16 ZONES), RADIANT HEAT FLOOR IN BATHROOMS, CENTRAL VAC,OVERSIZED 2 CAR ATTACHED GARAGE. THIS HUGE HOME (APPX. 4200 LIVING SQ FT W/O GARAGE) HAS A BALANCE OF CITY & SUBURBAN LIFE. THIS HOUSE IS EVERYTHING YOU WANT IN A GREAT TOWN W/AWARDING WINNING SCHOOLS, MINUTES FROM MAJOR HIGHWAYS AND NYC. DON'T MISS THIS OPPORTUNITY!

Last Agent to Sell the Property

Emily Kim

EXP Realty, LLC - Englewood Cliffs Listed on: 02/06/2022

EXP Realty, LLC - Englewood Cliffs

Last Buyer's Agent

Rich Kim

Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,690

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x131
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Radiant Heating System

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 00002 / 00607

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,690

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: East, Sunset, West
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: HILLSIDE TO GRANDVIEW CONER OF RIDGELAND
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: 3story
  • Power Production Ownership: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Zoned, Radiant

Lot Info

  • Lot Dimensions: 90x131
  • Lot Size Sq Ft: 11790.0

Tax Info

  • Tax Annual Amount: 19690.0
  • Tax Block: 00607
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2022
Closed on
May 16, 2022
Sold by
Hee Kim Min and Gil Seung
Bought by
Ha John and Lee Hana Hee
Seller's Agent
Emily Kim
EXP Realty, LLC - Englewood Cliffs
Buyer's Agent
Rich Kim
Real
List Price
$1,290,000
Sold Price
$1,420,000
Premium/Discount to List
$130,000
10.08%
Current Estimated Value
$1,367,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,642
Avg. Annual Appreciation
-0.41%
Original Mortgage
$1,080,000
Outstanding Balance
$1,033,657
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$367,304

Purchase Details

Closed on
Jul 28, 2016
Sold by
Shim Sang Won and Shim Yeon Hee
Bought by
Lee Seung Gil and Kim Min Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.45%

Purchase Details

Closed on
Oct 4, 2004
Sold by
Pacicco Leatrice
Bought by
Shim Sang Won and Shim Yeon Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.8%
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
Ha John $1,420,000 Bae Daniel C
Lee Seung Gil $790,000 Old Republic National Title
Shim Sang Won $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ha John $1,080,000
Previous Owner Lee Seung $592,500
Previous Owner Shim Sang Won $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,420,000 +10.1% $470 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/06/2022 02/06/22 For Sale $1,290,000 -- $427 / 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 $23,785 $697,700 $290,000 $407,700
2024 $23,450 $697,700 $290,000 $407,700
2023 $20,362 $697,700 $290,000 $407,700
2022 $20,362 $639,500 $290,000 $349,500
2021 $19,910 $637,200 $290,000 $347,200
2020 $19,689 $637,200 $290,000 $347,200
2019 $19,001 $637,200 $290,000 $347,200
2018 $18,772 $637,200 $290,000 $347,200
2017 $18,549 $637,200 $290,000 $347,200
2016 $17,117 $614,600 $290,000 $324,600
2015 $17,153 $614,600 $290,000 $324,600
2014 $16,877 $614,600 $290,000 $324,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22003762

New Jersey MLS

APN: 29-00607-0000-00002