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12 Country Club Way

12 Country Club Way, Demarest, NJ 07627
Property in Bergen
Sold Aug 11, 2010
$1,320,000
Seller
$729,750 by Wells Fargo Bank
Mortgage Due Jul 01, 2040
Sold Jul 31, 2004
$1,180,000
$944,000 by Americas Wholesale Lender
Mortgage
12 Country Club Way in Demarest, NJ was first built in 1985 and is 39 years old. This has been categorized as a residential property type. 12 Country Club Way has 3,978 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 49,223 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 Country Club Way sold most recently in Jun 28, 2010 for a total of $1,320,000. If you work out the math, that's approximately a cost of $331.83 per sqft. Before that, the property was also sold for $1,180,000 in Jul 28, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $36,197 in taxes each year. 12 Country Club Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,275,000. If we break it down further, the land itself was valued at $839,000. Improvements to the property, however, were assessed at a total of $436,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 3,978
  • Building Area: 3,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,978
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.13
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RICCI ROBERT O
  • Previous Owner : CHO JAE Y
  • Owner Before Previous Owner: LUSTGARTEN ELI S
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Demarest Borough School District
  • Census Tract: 009100

Geography

  • District: 09
  • Parcel: 09 00110- 04-00011
  • Block: 110.04
  • Lot: 11
  • Municipality: DEMAREST BORO
  • Latitude: 40.951
  • Longitude: -73.9486

    Address

  • Full Address: 12 Country Club Way
  • Address - House Number: 12
  • Address - Street Name: Country Club
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Demarest
  • Carrier Code: C005
  • 4-Digit Zip Code: 1803
  • Zip Code: 07627

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,197

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,102,741
  • High Value: 2,480,290
  • Low Value: 1,725,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $729,750
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Aug 11, 2010
  • First Open Lien Mortgage Loan Amount: $729,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2040

    Market Valuation

  • Market Total Value: $1,275,000
  • Market Land Value: $839,000
  • Market Improvement Value: $436,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,275,000
  • Assessed Land Value: $839,000
  • Assessed Improvements Value: $436,000

    Sales

  • Current Sale Contract Date: Jun 28, 2010
  • Current Sale Recording Date: Aug 11, 2010
  • Current Sale Transaction ID: 11471977231
  • Current Sale Price: $1,320,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 004991183
  • Previous Sale Recording Date: Jul 31, 2004
  • Previous Sale Contract Date: Jul 28, 2004
  • Previous Sale Amount: $1,180,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Aug 11, 2010
  • First Mortgage Loan Amount: $729,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Jul 31, 2004
  • Previous Mortgage Loan Amount: $944,000

About Demarest



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Frequently Asked Questions

What neighborhood is 12 Country Club Way located in?
The 12 Country Club Way is a located in the neighborhood of Bergen in Demarest, Demarest.
What is the average sales price for listings in 12 Country Club Way?
The average sales price for units in 12 Country Club Way is $0 currently.

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