Seller's Agent in 2023
Dennis McCormack
Prominent Properties Sotheby's International Realty-Alpine
(201) 320-8787
33 in this area
65 Total Sales
8 the Esplanade Alpine, NJ 07620
Alpine NeighborhoodEstimated Value: $4,359,000 - $10,927,277
6
Beds
14
Baths
--
Sq Ft
2
Acres
Highlights
- Heated In Ground Pool
- Multiple Fireplaces
- En-Suite Primary Bedroom
- Alpine Elementary School Rated A+
- Stairway
- Central Air
About This Home
As of June 2023Perhaps the most desirable location in all of Rio Vista is home to this Sophisticated Gated, Majestic Brick & Slate Colonial Manor. A Cobblestone Driveway leads through Iron Gates that hinge on Tall Brick & Precast Stancions to a Large Motor Court w/a Fountain. The property features A RARE side-yard TENNIS COURT, POOL, POOL HOUSE, & a Circa 1900 STONE CHAPEL w/a hand carved Mosaic Soaring Ceiling. This turn of the century structure currently serves as a Dramatic Guest House or Tennis Pavilion. The Main House features a Great Room w/Cathedral Ceiling, Formal Living Rm, Banquet Sized Dining Rm, Conservatory, Library, Breakfast Rm & Huge Chefs Kitchen. Main level also has a Guest Bedroom Suite, laundry rm, 2 Powder Rms, Elevator & 4 Car Garage. The 2nd floor has 5 Large Bedroom Suites incl. a 4rm Master Bedroom. Full finished 3rd floor & lower level contain a Theater, Spa Room, Gym, Play Rm, Wine Cellar, Massage Rm, 4 Baths & more. The entire house has HIGH CEILINGS & LOTS OF LIGHT!
Last Listed By
Prominent Properties Sotheby's International Realty-Alpine Listed on: 05/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,555
Year Built
- 1986
Lot Details
- 2 Acre Lot
- Lot Dimensions are 250 x 350
- Rectangular Lot
Parking
- 4 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- Multiple Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Accessible Home Design
- Stairway
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
Schools
- *1St Fl:Guest Suite^ Elementary School
- Tenafly High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
Listing and Financial Details
- Legal Lot and Block 00010 / 00021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 2, 2023
Sold by
Nir Yair Jacob and Nir Levia
Bought by
Kim Jang Hyun and Kim Seun Hee
Seller's Agent
Dennis McCormack
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Margaret Hwang
Prominent Properties Sotheby's International Realty-Alpine
List Price
$13,900,000
Sold Price
$11,500,000
Premium/Discount to List
-$2,400,000
-17.27%
Total Days on Market
1
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,850,681
Avg. Annual Appreciation
-19.13%
Original Mortgage
$5,000,000
Outstanding Balance
$4,870,188
Interest Rate
5.35%
Mortgage Type
New Conventional
Estimated Equity
$2,779,131
Purchase Details
Closed on
May 31, 2005
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Jang Hyun | $11,392,085 | First Bergen Title | |
| -- | $4,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Jang Hyun | $5,000,000 | |
| Previous Owner | Nir Jacob | $750,000 | |
| Previous Owner | Nir Yair Jacob | $300,000 | |
| Previous Owner | Nir Yair Jacob | $4,440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $11,500,000 | -17.3% | -- |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $13,900,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $56,485 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2023 | $54,841 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2022 | $54,841 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2021 | $55,556 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2020 | $54,269 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2019 | $55,699 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2018 | $55,484 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2017 | $57,272 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2016 | $54,912 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2015 | $55,055 | $7,150,000 | $2,000,000 | $5,150,000 |
| 2014 | $52,982 | $7,150,000 | $2,000,000 | $5,150,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis McCormack
-
Margaret Hwang
Buyer's Agent in 2023
Margaret Hwang
Prominent Properties Sotheby's International Realty-Alpine
(646) 662-2414
1 in this area
20 Total Sales
Map
Source: New Jersey MLS
MLS Number: 23013894
APN: 02-00021-0000-00010
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