NOT LISTED FOR SALE

553 Park St Montclair, NJ 07043

Estimated Value: $1,466,000 - $1,645,000

5 Beds
5 Baths
2,932 Sq Ft
$528/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $761,000 $260 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $10,414/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Formal Dining Room
  • Bradford School Rated A-
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of December 2018

Oh So Charming colonial on a pretty tree lined street with fabulous floor plan for entertaining and easy living. Eat-in kitchen with great room, lovely living room with built-ins and fireplace. Crisp, newer baths, finished basement. Newer garage with heated loft. Just a few doors down to NYC bus and minutes to Upper Montclair Village and train!

Last Agent to Sell the Property

Kathleen McDonough

PROMINENT PROPERTIES SIR Listed on: 09/12/2018

PROMINENT PROPERTIES SIR

Last Buyer's Agent

BRUCE GILLMAN

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,528

Year Built

  • Built in 1936

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Composition Shingle Roof

Interior Spaces

  • Skylights
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1613-02805-0000-00036-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,528

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1936
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 553
  • Directions: North end of Park Street
  • I D: 4836960
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: KATHLEEN
  • First Name3: BRUCE
  • Last Name: MCDONOUGH
  • Last Name3: GILLMAN
  • Office Phone: 973-783-6900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Water Filter, Dishwasher, Disposal, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Cedar Closets, JacuzTyp, TubShowr, Walk-In Closet, Security System, Blinds, Fire Extinguisher, Shades, Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished-Partially, Walkout, Full
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Storage Room, Powder Room, Rec Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Pantry, Eat-In Kitchen
  • Level 1 Rooms: Living Room, Pantry, Dining Room, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Storage Room, Bath Main
  • Phone: 973-783-6900

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Wood Fence
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Paver Block, Blacktop

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: MAGNET
  • Middle School: MAGNET
  • High School: MONTCLAIR
  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 60X127
  • Assessed Improvement Value: 488200
  • Assessed Land Value: 369200
  • Assessment: 857400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 26528
  • Assessor Parcel Number: 1613-02805-0000-00036-0000-
  • Tax Rate Amount: 3.094
  • Tax Rate Year: 2018
  • Tax Year: 2018

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 29, 2018
Sold by
Richardson Michael and Richardson Shasha
Bought by
Othompson Omatseye D and Othompson Yen H
Seller's Agent
Kathleen McDonough
PROMINENT PROPERTIES SIR
Buyer's Agent
BRUCE GILLMAN
KELLER WILLIAMS - NJ METRO GROUP
List Price
$699,000
Sold Price
$761,000
Premium/Discount to List
$62,000
8.87%
Current Estimated Value
$1,547,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,727
Avg. Annual Appreciation
11.31%
Original Mortgage
$608,800
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1998
Sold by
Jewett Edward
Bought by
Richardson Michael and Richardson Sahsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.92%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Parker John
Bought by
Jewett Edward and Jewett Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.28%
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
Othompson Omatseye D $761,000 American Land Title Affiliat
Richardson Michael $360,000 --
Jewett Edward $615,000 --
Jewett Edward $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Othompson Omatseye David $600,000
Closed Othompson Omatseye D $608,800
Previous Owner Richardson Michael $150,000
Previous Owner Richardson Sasha I $295,864
Previous Owner Richardson Michael $28,000
Previous Owner Jewett Edward $305,000
Previous Owner Jewett Edward $250,000
Previous Owner Jewett Edward $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $761,000 +8.9% $260 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $699,000 -- $238 / 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 $23,775 $703,400 $369,200 $334,200
2024 $23,775 $703,400 $369,200 $334,200
2022 $23,128 $703,400 $369,200 $334,200
2021 $22,727 $703,400 $369,200 $334,200
2020 $22,361 $703,400 $369,200 $334,200
2019 $22,129 $703,400 $369,200 $334,200
2018 $26,528 $857,400 $369,200 $488,200
2017 $26,825 $718,400 $333,400 $385,000
2016 $26,107 $718,400 $333,400 $385,000
2015 $25,331 $718,400 $333,400 $385,000
2014 $24,483 $718,400 $333,400 $385,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3501131

Garden State MLS

APN: 13-02805-0000-00036