NOT LISTED FOR SALE

7 Teak Ct Ringwood, NJ 07456

Estimated Value: $594,000 - $650,000

3 Beds
2 Baths
1,860 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $525,000 $282 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,356/month

82 Days on Market

About This Home

As of September 2023

This home is located at 7 Teak Ct, Ringwood, NJ 07456 since 24 May 2023 and is currently estimated at $620,615, approximately $333 per square foot. This property was built in 1979. 7 Teak Ct is a home located in Passaic County with nearby schools including Peter Cooper Elementary School, Eleanor G. Hewitt Intermediate School, and Martin J. Ryerson Middle School.

Last Agent to Sell the Property

Donna Allen

WEICHERT RLTRS RDG Brokerage Phone: 201-891-6900 Listed on: 05/24/2023

WEICHERT RLTRS RDG

Last Buyer's Agent

Ashley Young

REDFIN CORPORATION

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.42 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • County Name: Passaic
  • I D: 5223042
  • Attribution Contact: 201-891-6900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 106X 172
  • Total Acres: 0.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Sep 15, 2023
Sold by
Busche Douglas A and Busche Susan E
Bought by
Young Alexander and Safford Monika
Seller's Agent
Donna Allen
WEICHERT RLTRS RDG
Buyer's Agent
Ashley Young
REDFIN CORPORATION
List Price
$465,000
Sold Price
$525,000
Premium/Discount to List
$60,000
12.9%
Views
723
Current Estimated Value
$620,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,615
Avg. Annual Appreciation
7.58%
Original Mortgage
$325,000
Outstanding Balance
$318,107
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$302,508

Purchase Details

Closed on
Aug 18, 2022
Sold by
Busche Alan W
Bought by
Busche Susan E and Busche Douglas A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Young Alexander $525,000 Title Forward
Young Alexander $525,000 Title Forward
Busche Susan E -- --
Busche Susan E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Alexander $325,000
Closed Young Alexander $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $525,000 +12.9% $282 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $465,000 -11.4% $250 / Sq Ft
07/19/2023 07/19/23 Off Market $525,000 -- --
05/24/2023 05/24/23 For Sale $465,000 -- $250 / 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 $13,334 $320,300 $187,700 $132,600
2024 $12,892 $320,300 $187,700 $132,600
Source: Public Records

Agents Affiliated with this Home

  • Donna Allen

    Seller's Agent in 2023

    Donna Allen

    WEICHERT RLTRS RDG

    (973) 703-1877

    6 in this area

    16 Total Sales

    Donna Allen
    Section Image

  • A

    Buyer's Agent in 2023

    Ashley Young

    REDFIN CORPORATION

    Ashley Young
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3845985

Garden State MLS

APN: 11-00763-0000-00006

New Jersey Passaic County Ringwood 07456

7 Teak Ct, Ringwood, NJ

Not Listed for Sale

Detached

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