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723 Knollwood Terrace

723 Knollwood Terrace, Westfield, NJ 07090
Property in Union
Sold Mar 07, 2022
$950,000
$902,500 by Nbkc Bank
Mortgage Due Apr 01, 2052
723 Knollwood Terrace in Westfield, NJ was first built in 1941 and is 83 years old. This has been categorized as a residential property type. There are a total of 2 floors. 723 Knollwood Terrace has 2,589 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. The linear feet across the front of the lot is 710 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 11,077 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Feb 28, 2022 for $950,000. That's $366.94 per sqft. 723 Knollwood Terrace was last assessed in 2023. The total value of the property was assessed at $816,500. Specifically, the land the property is located on was valued at $552,400. While improvements on the property were assessed at a total of $264,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $18,012. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,077
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,589
  • Building Area: 2,589
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,589
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WITEK CHRISTOPHER
  • Current Owner 2: WITEK ASHLEY J
  • Previous Owner : DECKER THOMAS J
  • Previous Owner 2: DECKER KIMBERLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036800

Geography

  • Assessors Map Reference: TAX MAP 1941
  • District: 20
  • Parcel: 20 04301-0000-00057
  • Block: 4301
  • Lot: 57
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.639
  • Longitude: -74.3473

    Address

  • Full Address: 723 Knollwood Ter
  • Address - House Number: 723
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3418
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,012

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,092,964
  • High Value: 1,311,483
  • Low Value: 874,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $902,500
  • First Open Lien Mortgage Lender: NBKC BANK
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $902,500
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $816,500
  • Market Land Value: $552,400
  • Market Improvement Value: $264,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $816,500
  • Assessed Land Value: $552,400
  • Assessed Improvements Value: $264,100

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11883627195
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 15637

    Last Sale Mortgage

  • First Mortgage Lender: NBKC BANK
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $902,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

About Westfield



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Frequently Asked Questions

What neighborhood is 723 Knollwood Terrace located in?
The 723 Knollwood Terrace is a located in the neighborhood of Union in Westfield, Westfield.
What is the average sales price for listings in 723 Knollwood Terrace?
The average sales price for units in 723 Knollwood Terrace is $0 currently.

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