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489 Knollwood Drive

489 Knollwood Drive, Bridgewater, NJ 08807
Property in Somerset
Sold Dec 19, 1996
$225,000
Local assessors in Bridgewater, NJ have categorized 489 Knollwood Drive as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 47,850 square feet. The linear feet between the front and back of the lot was measured at 3,300 ft and the front of the lot was measured at 1,450 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 489 Knollwood Drive has a total of 2,268 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 489 Knollwood Drive sold most recently in Jul 24, 1996 for a total of $225,000. If you work out the math, that's approximately a cost of $99.21 per sqft. 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 $11,269 in taxes each year. 489 Knollwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $567,700. If we break it down further, the land itself was valued at $294,500. Improvements to the property, however, were assessed at a total of $273,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 47,850
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 2,268
  • Building Area: 2,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.098
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MENENDEZ HECTOR
  • Current Owner 2: MENENDEZ JENNIFER
  • Previous Owner : KOUSHA MOHAMMAD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050902

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 62
  • Account Number: S001
  • District: 06
  • Parcel: 06 00500-0000-00053
  • Block: 500
  • Lot: 53
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5874
  • Longitude: -74.5997

    Address

  • Full Address: 489 Knollwood Dr
  • Address - House Number: 489
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C039
  • 4-Digit Zip Code: 2215
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,269

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 712,170
  • High Value: 809,985
  • Low Value: 614,355

    Market Valuation

  • Market Total Value: $585,681
  • Market Land Value: $303,828
  • Market Improvement Value: $281,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $567,700
  • Assessed Land Value: $294,500
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Contract Date: Jul 24, 1996
  • Current Sale Recording Date: Dec 19, 1996
  • Current Sale Transaction ID: 1192773776
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENN FEDERAL SAV
  • First Mortgage Transaction Date: Dec 19, 1996
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360

About Green Knoll



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Frequently Asked Questions

What neighborhood is 489 Knollwood Drive located in?
The 489 Knollwood Drive is a located in the neighborhood of Somerset in Green Knoll, Bridgewater.
What is the average sales price for listings in 489 Knollwood Drive?
The average sales price for units in 489 Knollwood Drive is $0 currently.

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