NOT LISTED FOR SALE

586 Spring Ave Ridgewood, NJ 07450

Estimated Value: $799,909 - $1,085,000

3 Beds
2 Baths
1,313 Sq Ft
$680/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $520,000 $396 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,626/month

132 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Ridgewood High School Rated A+
  • 2 Car Detached Garage
  • 2-minute walk to Kenilworth Fields

About This Home

As of April 2016

MOVE RIGHT IN TO THIS CLASSIC RANCH IN THE HEART OF RIDGEWOOD. THIS CHARMING HOME BOASTS BEAUTIFUL HARDWOOD FLOORS. UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES. THREE GOOD-SIZED BEDROOMS AND UPDATED BATHROOMS. WONDERFUL FINISHED BASEMENT WITH LARGE FAMILY ROOM. PRIVATE AND SERENE BACKYARD. NEW ROOF, NEW FURNACE, AND NEW HOT WATER HEATER. GREAT LOCATION NEAR SCHOOLS AND NYC TRANSPORTATION!

Last Agent to Sell the Property

ROCIO HERNANDEZ

COLDWELL BANKER REALTY RDG Listed on: 12/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,752

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

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

Schools

  • Somerville Elementary School
  • Franklin Middle School
  • Ridgewood High School

Utilities

  • Central Air
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1151-04303-0000-00003-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,752

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Bergen
  • Directions: S. PLEASANT TO SPRING
  • I D: 4586737
  • First Name: ROCIO
  • First Name3: UNKNOWN
  • Last Name: HERNANDEZ
  • Last Name3: AGENT
  • Office Phone: 201-493-2988
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Laundry Room, Family Room
  • Dining Room Level: First
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Living Room, 3 Bedrooms, Bath Main, Kitchen, Bath(s) Other, Dining Room
  • Phone: 201-445-9400

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Underground Lawn Sprinkler

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • High School: RIDGEWOOD
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .149 AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9752
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1151-04303-0000-00003-0000-
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: SOMERVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Apr 22, 2016
Sold by
Panov Vladimir and Panov Tatiana
Bought by
Yu Xiao and Lin Zhujing
Seller's Agent
ROCIO HERNANDEZ
COLDWELL BANKER REALTY RDG
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
$892,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,977
Avg. Annual Appreciation
5.70%
Original Mortgage
$240,000
Outstanding Balance
$190,853
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$702,124

Purchase Details

Closed on
Mar 15, 2001
Sold by
Delaney Patricia
Bought by
Panov Vladimir and Panov Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.05%

Purchase Details

Closed on
May 3, 1994
Sold by
Estate Florence Ware
Bought by
Delaney Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
8.44%
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
Yu Xiao $520,000 None Available
Panov Vladimir $330,000 --
Delaney Patricia $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Xiao $240,000
Previous Owner Panov Vladimir $264,000
Previous Owner Delaney Patricia $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2016 04/21/16 Sold $520,000 -2.8% $396 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $535,000 -- $407 / 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 $12,021 $419,000 $290,900 $128,100
2024 $11,749 $419,000 $290,900 $128,100
2023 $11,451 $419,000 $290,900 $128,100
2022 $11,451 $419,000 $290,900 $128,100
2021 $11,347 $419,000 $290,900 $128,100
2020 $11,049 $419,000 $290,900 $128,100
2019 $10,881 $419,000 $290,900 $128,100
2018 $10,747 $419,000 $290,900 $128,100
2017 $10,634 $419,000 $290,900 $128,100
2016 $10,124 $408,900 $290,900 $118,000
2015 $9,949 $408,900 $290,900 $118,000
2014 $9,752 $408,900 $290,900 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3270612

Garden State MLS

APN: 51-04303-0000-00003