$630,000
SOLD OCT 23, 2024

7 S Point Terrace Kinnelon, NJ 07405

3 Beds
2.5 Baths
2,197 Sq Ft
0.28 Acres

Recently Sold

$287 Per Sq Ft

10% Below List Price

23 Days on Market

Highlights

  • Lake Front
  • Views to the East
  • Stairway
  • Stonybrook School Rated A-
  • Cul-De-Sac
  • 4-minute walk to Boonton Avenue Field

About This Home

As of October 2024

LAKEFRONT.!! OPPORTUNITY KNOCKS!! Enjoy Boating, Sailing and Fishing from your own Backyard. Swim at the Main Beach where all the Fun Begins. Enjoy the Two-Story Dining Room and Great Room with a Brick Wood Burning Fireplace for those Cool Evenings with Beautiful Lake Views from almost Every Room in the house. A 3 Season Sunroom and a Deck to enjoy watching the Wildlife. Beautiful Hardwood Floors in Many Rooms. A Eat -In Kitchen with a Center Island, Electric Cook Top, Stainless Refrigerator, Dishwasher, and a Wall Oven. Main Level Office or Possible 4th Bedroom next to the Powder Room. Large Laundry off the Kitchen with a Main level 2 Car Garage for your Convenience. The Second Floor offers a Primary Bedroom with a Dressing Room, 2 Closets and a Primary Bathroom with a Stall Shower. Two additional Bedrooms with 2 closets and a Full Bathroom with a Tub/Shower. The Unfinished Walk-Out Lower Level is Waiting to be Finished. ESTATE SALE.

Last Agent to Sell the Property

Cindy Gallagher

Coldwell Banker, Upper Montclair Listed on: 08/07/2024

Coldwell Banker, Upper Montclair

Last Buyer's Agent

Walter Weiss

Keller Williams Prosperity Realty

Keller Williams Prosperity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,684

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Cul-De-Sac

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Baseboard Heating

Additional Features

  • Views to the East
  • Stairway

Listing and Financial Details

  • Legal Lot and Block 00120 / 45802

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,684

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: East
  • Co List Office Phone: (973) 838-9300
  • Outside Inclusions: Washer,Dryer, Refrigerator, Wall Oven, CookTop, Dishwasher all As-is Estate
  • MLS Status: Sold - Sold
  • Directions: Fayson Lakes Rd to So Point Terrace to #7
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Grd Lv Acces, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: Utility Room Walk-out

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Hot Water, Oil

Lot Info

  • Lot Dimensions: .28 Acres
  • Lot Size Sq Ft: 12197.0

Tax Info

  • Tax Annual Amount: 14684.0
  • Tax Block: 45802
  • Tax Lot: 00120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 22, 2024
Sold by
Crawford Elaine and Crawford Norma A
Bought by
Clark James and Clark Allyson
Seller's Agent
Cindy Gallagher
Coldwell Banker, Upper Montclair
Buyer's Agent
Walter Weiss
Keller Williams Prosperity Realty
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%
Views
67
Current Estimated Value
$693,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,458
Avg. Annual Appreciation
12.10%
Original Mortgage
$504,000
Outstanding Balance
$499,564
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$193,894
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $630,000 Tobias Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Open $504,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $630,000 -3.1% $287 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $650,000 -7.0% $296 / Sq Ft
08/07/2024 08/07/24 For Sale $699,000 -- $318 / 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 $14,995 $517,600 $299,700 $217,900
2024 $14,684 $517,600 $299,700 $217,900
2023 $14,684 $517,600 $299,700 $217,900
2022 $13,084 $517,600 $299,700 $217,900
2021 $13,084 $517,600 $299,700 $217,900
2020 $13,701 $517,600 $299,700 $217,900
2019 $13,385 $517,600 $299,700 $217,900
2018 $13,111 $517,600 $299,700 $217,900
2017 $12,888 $517,600 $299,700 $217,900
2016 $10,784 $331,700 $164,700 $167,000
2015 $10,356 $331,700 $164,700 $167,000
2014 $10,180 $331,700 $164,700 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24025567

New Jersey MLS

APN: 15-45802-0000-00120