NOT LISTED FOR SALE

78 Westervelt Place Cresskill, NJ 07626

Estimated Value: $1,829,000 - $2,229,000

5 Beds
6 Baths
-- Sq Ft
0.3 Acres

Last Sold February 21, 2020

Last sale price $1,280,000

Est. 56% increase in value since last sale

Current estimated payment $13,746/month

412 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fireplace
  • Cresskill High School Rated A
  • Property is near a park
  • Attached Garage

About This Home

As of February 2020

Welcome to a one of a kind masterpiece with grand entertaining space! Location, Privacy and Elegance await you at your completely new and renovated home built in 2018! Open floor plan features a grand 2 story foyer, formal living and massive dining room connected to your custom Kuche-Cucina chef's kitchen with a walk-in pantry and top-of-the-line stainless steel appliances and a family room with a fireplace that overlooks your large backyard! An office/library and full bath complete the first floor. 2nd floor features an exceptional massive spa like master suite with 2 large custom luxurious walk-in closets, massive bath and a balcony, 3 en-suite bedrooms with large closets and bathrooms and a laundry room completes the second floor. Finished walk-out lower level features a home theater, maid's/guest bedroom, full bath and a recreation room. A must see home with too many features to list!

Last Listed By

Michele Kolsky

Coldwell Banker, Fort Lee Listed on: 11/24/2018

Coldwell Banker, Fort Lee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,628

Year Built

  • 1970

Lot Details

  • 0.3 Acre Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 020800076 000240001

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,628

Year Built

1970

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Central Vac, Hdwd As In, Security, Sprinklers, Deck / Patio
  • Views/Exposure: None
  • Year Built (Public Record): Renovated, New Construction-New Foundation
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 14
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Primary Bathroom: Y
  • Full Bathrooms: 6
  • Basement: Finished, Full
  • Basement: REC.RM;FULL BATH;MEDIA RM;STORAGE

Exterior Features

  • Exterior: Stone, Mason/stucco
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener, 2 Car

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Middle School: Cresskill M.S.
  • High School: Cresskill H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00024
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 13160
  • Lot Suffux: 0001

Tax Info

  • Tax: 32628
  • Assessor Parcel Number: 020800076 000240001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2018
Closed on
Feb 20, 2020
Sold by
219 Engle Llc
Bought by
Lee Kiwoong and Min Hee Hwa
Seller's Agent
Michele Kolsky
Coldwell Banker, Fort Lee
Buyer's Agent
Zohar Zamir
Keller Williams Village Square Realty
List Price
$1,680,000
Sold Price
$1,280,000
Premium/Discount to List
-$400,000
-23.81%
Total Days on Market
412
Current Estimated Value
$1,991,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,397
Avg. Annual Appreciation
8.77%
Original Mortgage
$1,024,000
Outstanding Balance
$918,173
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,073,224

Purchase Details

Closed on
Mar 2, 2018
Sold by
Mp Consulting Agency Llc
Bought by
219 Engle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$949,900
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2017
Sold by
Saudino Michael
Bought by
Mp Consulting Agency Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 28, 2000
Sold by
Yoo Heung Suk and Yoo Margaret
Bought by
Cho Yong Sung and Cho Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 26, 1997
Sold by
Schaumburger Joseph and Schaumburger Nancy
Bought by
Yoo Heung Suk and Yoo Margaret

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
Lee Kiwoong $1,280,000 Fidelity National Ttl Ins Co
219 Engle Llc $999,900 --
Mp Consulting Agency Llc $870,000 Fidelity National Title
Cho Yong Sung $390,000 --
Yoo Heung Suk $275,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kiwoong $1,024,000
Previous Owner 219 Engle Llc $949,900
Previous Owner Mp Consulting Agency Llc $609,000
Previous Owner Cho Yong Sung $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $1,280,000 -8.5% --
01/10/2020 01/10/20 Pending -- -- --
08/03/2019 08/03/19 Price Changed $1,399,000 -3.4% --
07/16/2019 07/16/19 Price Changed $1,448,000 -3.3% --
04/29/2019 04/29/19 Price Changed $1,498,000 -10.8% --
11/24/2018 11/24/18 For Sale $1,680,000 -- --
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
2024 $31,185 $1,412,500 $485,700 $926,800
2023 $30,242 $1,343,600 $443,200 $900,400
2022 $30,242 $1,256,400 $393,200 $863,200
2021 $29,817 $1,221,000 $384,200 $836,800
2020 $33,870 $1,392,700 $380,700 $1,012,000
2019 $31,216 $1,296,900 $282,800 $1,014,100
2018 $16,862 $1,000,100 $279,800 $720,300
2017 $25,200 $925,800 $248,000 $677,800
2016 $24,450 $925,800 $248,000 $677,800
2015 $23,691 $925,800 $248,000 $677,800
2014 $22,978 $925,800 $248,000 $677,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1847977

New Jersey MLS

APN: 08-00076-0000-00024-01