NOT LISTED FOR SALE

587 Spring Ave Ridgewood, NJ 07450

Estimated Value: $1,124,000 - $1,373,000

4 Beds
3 Baths
2,144 Sq Ft
$601/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,025,000 $478 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,172/month

35 Days on Market

Highlights

  • Views to the North
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Ridgewood High School Rated A+
  • Central Air
  • 2-minute walk to Kenilworth Fields

About This Home

As of June 2022

Beautifully updated Somerville 4BR close to Schools, Parks and NYC Transport. Step through the entrance foyer to be welcomed by a bright and sunny open floor plan with gleaming hardwood floors. Sunny living room is open to a large eat-in kitchen. Recessed lights, crown moldings and wainscoting give the house a fresh and modern feel. The kitchen features an abundance of cabinets, large pantry, stainless-steel appliances. You have access from the kitchen onto a large bluestone patio and a fenced in rear yard. South facing formal dining room is great for large holiday gatherings. A 1st-floor BR and a full bath is ideal for guests or home office. 2nd FL. boasts a total of 3 large BRs, including a primary BR with priv. master bath, walk-in closet plus secondary closet. Updated hall bath services other 2 BRs. Finished basement with spacious rec. room, bonus room or office with large closets as well as a separate laundry room and separate utility room.

Last Agent to Sell the Property

Till Horkenbach

Keller Williams Village Square Realty Listed on: 04/05/2022

Keller Williams Village Square Realty

Co-Listed By

Lisa Sammataro

Keller Williams Village Square Realty

Last Buyer's Agent

Christina Gibbons

Christie's International Real Estate Group-Ridgewood

Christie's International Real Estate Group-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,443

Lot Details

  • 7,492 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 00013 / 04203

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,443

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North, South
  • Co List Office Phone: 201-445-4300
  • MLS Status: Sold - Sold
  • Directions: South Pleasant to spring
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Finished, Rec. Rm., Bonus Rm/Office

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: TBD
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned

Schools

  • Elementary School: Somerville E.S.
  • High School: Ridgewood H.S.
  • Middle Or Junior School: Benjamin Franklin
  • Elementary: Somerville E.S.

Lot Info

  • Lot Size Sq Ft: 7492.0

Tax Info

  • Tax Annual Amount: 16443.0
  • Tax Block: 04203
  • Tax Lot: 00013

MLS Schools

  • High School Text: Ridgewood H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jun 16, 2022
Sold by
Alden Fernandes
Bought by
Gudi Girish and Gudi Dhanashri
Seller's Agent
Till Horkenbach
Keller Williams Village Square Realty
Buyer's Agent
Christina Gibbons
Christie's International Real Estate Group-Ridgewood
List Price
$899,000
Sold Price
$1,025,000
Premium/Discount to List
$126,000
14.02%
Current Estimated Value
$1,288,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,412
Avg. Annual Appreciation
6.62%
Original Mortgage
$820,000
Outstanding Balance
$779,961
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$508,451

Purchase Details

Closed on
Jul 24, 2015
Sold by
Killeen Brendan T and Killeen Amy D
Bought by
Fernandes Alden and Fernandes Pearl Pari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2009
Sold by
Marotta Alexander and Chu Yie Hsien
Bought by
Killeen Brendan T and Killeen Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,800
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2005
Sold by
Cordero Jasper
Bought by
Marotta Alexander and Chu Yie Hsien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,800
Interest Rate
5.63%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Drorbaugh Marilyn
Bought by
Cordero Jasper and Cordero Nisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
7.83%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Drorbaugh Daniel W and Drorbaugh Marilyn B
Bought by
Drorbaugh Marilyn B
Source: Public Records
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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
Gudi Girish $1,025,000 Roth Andrew S
Gudi Girish $1,025,000 Roth Andrew S
Fernandes Alden $760,000 None Available
Killeen Brendan T $681,000 --
Marotta Alexander $801,000 --
Cordero Jasper $500,000 --
Drorbaugh Marilyn B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudi Girish $820,000
Closed Gudi Girish $820,000
Previous Owner Fernandes Alden $608,000
Previous Owner Killeen Brendan T $544,800
Previous Owner Marotta Alexander $640,800
Previous Owner Cordero Jasper $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $1,025,000 +14.0% $478 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $899,000 0.0% $419 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $899,000 -- $419 / 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 $17,771 $619,400 $304,900 $314,500
2024 $17,368 $619,400 $304,900 $314,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22011427

New Jersey MLS

APN: 51-04203-0000-00013