See Home Value
Ridgewood 07450
505 Knollwood Road
$1,547,498*
House - Off Market

505 Knollwood Road

Ridgewood, NJ 07450
bedrooms
6 Beds
bathrooms
5 Baths, 2 Half Baths
$1,238,000 - $1,512,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Aug 06, 2021
$1,503,000
$1,202,400 by Vast Bank Na
Mortgage Due Aug 01, 2051
Sold Nov 16, 1992
$700,000

About This Property

Sanctuary Location in Ridgewood's Country Club section presents tranquil private setting just moments from town amenities. Classic Tudor with thoughtful expansions to meet today's lifestyle has been meticulously maintained. Gracious Banquet Dining & Front to Back Living Rm sets the tone for generous proportions to come. Nearby is Sun Room, Den or Home Office. Expansive Kitchen w Island Seating, Dble Ovens & Desk Area adjoins spacious Dining w/Patio access & lovely Family Room w Built-Ins, Beamed Ceiling & gas Fireplace. Nearby is Back Staircase, Mud Room & 2 Car AttGar access. 2nd Floor incl. Master Suite w Bath & WIC, 3 Bedrooms, Hall Bath & lrg Bonus Family Room. Charming 3rd Floor perfect for Au Pair, Guest or Teen has 2 more Bedrms & Full Bath. Lower Level offers Rec Rm, Home Gym, Laundry, Half Bath & enormous Storage options. 5,300 SF. New Taxes $34,281. Surrounded by homes of higher values. Opportunity awaits to make this special residence in glorious setting your very own.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,857
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 6, 2021 Sold to Amit Alankar, Sydney Alankar $1,503,000
Sold to Amit Alankar, Sydney Alankar
Apr 30, 2021 In contract -
In contract
Apr 21, 2021 Listed $1,375,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,343
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 5,297
  • Building Area: 5,297
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,297
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.467
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALANKAR AMIT
  • Current Owner 2: ALANKAR SYDNEY
  • Previous Owner : OLSON STEVEN
  • Previous Owner 2: OLSON CAROL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ridgewood Village School District
  • Census Tract: 047300

Zoning

  • Zoning: R125

Geography

  • District: 51
  • Parcel: 51 02804-0000-00014
  • Block: 2804
  • Lot: 14
  • Municipality: RIDGEWOOD VILLAGE
  • Latitude: 40.9709
  • Longitude: -74.145

    Address

  • Full Address: 505 Knollwood Rd
  • Address - House Number: 505
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Ridgewood
  • Carrier Code: C014
  • 4-Digit Zip Code: 4709
  • Zip Code: 07450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,529

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,876,203
  • High Value: 2,206,341
  • Low Value: 1,546,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,202,400
  • First Open Lien Mortgage Lender: VAST BANK NA
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $1,202,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,300,000
  • Market Land Value: $596,100
  • Market Improvement Value: $703,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,300,000
  • Assessed Land Value: $596,100
  • Assessed Improvements Value: $703,900

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11859569642
  • Current Sale Price: $1,503,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021127338
  • Previous Sale Recording Date: Nov 16, 1992
  • Previous Sale Contract Date: Nov 16, 1992
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAST BANK NA
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $1,202,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.1 Baths
-
$1,649,000 Nov 30, -0001
$1,759,000 Apr 6, 2023
-
House
4 Beds
2.1 Baths
-
$1,295,000 Nov 30, -0001
$1,405,000 Apr 14, 2023
-
House
5 Beds
4.5 Baths
-
$1,299,000 Mar 23, 2023
-
$1,200/mo
House
4 Beds
3 Baths
-
$1,200,000 Mar 30, 2023
-
$1,478/mo

About Ridgewood


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Frequently Asked Questions

When was property at 505 Knollwood Road built and last sold?
The property at 505 Knollwood Road was built in 1930 and last sold on Jul 12, 2021 for $1,503,000.
How much is this home worth?
The estimated value of the home located at 505 Knollwood Road is $1,388,750.
What are some comparable homes to 505 Knollwood Road?
There are currently no comparable homes to 505 Knollwood Road.

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