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725 Holly Court

725 Holly Court, Norwood, NJ 07648
Property in Bergen
Sold Feb 09, 2021
$489,000
$287,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2050
Sold May 25, 2010
$585,000
$300,000 by Shinhan Bank America
Mortgage
725 Holly Court in Norwood, NJ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 725 Holly Court has 2,262 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 7,928 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, 725 Holly Court sold most recently in Nov 16, 2020 for a total of $489,000. If you work out the math, that's approximately a cost of $216.18 per sqft. Before that, the property was also sold for $585,000 in Apr 30, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,186 in taxes each year. 725 Holly Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $549,000. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $459,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,928
  • Total Building Area: 2,262
  • Building Area: 2,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOODS CONDOMINIUM
  • Land Acres: 0.182
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : GIGANTE ANDREW JAMES
  • Previous Owner : HAN JEONGHO
  • Previous Owner 2: KIM JUNGEUN
  • Owner Before Previous Owner: SIMUNOVICH JOSEPH
  • Owner Before Previous Owner 2: SIMUNOVICH PALMA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Norwood Borough School District
  • Census Tract: 002300

Geography

  • District: 41
  • Parcel: 41 00068-0000-00001-0000-CT135
  • Block: 68
  • Lot: 1
  • Municipality: NORWOOD BORO
  • Latitude: 40.9841
  • Longitude: -73.9518

    Address

  • Full Address: 725 Holly Ct
  • Address - House Number: 725
  • Address - Street Name: Holly
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Norwood
  • Carrier Code: C004
  • 4-Digit Zip Code: 2000
  • Zip Code: 07648

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,186

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 618,717
  • High Value: 759,837
  • Low Value: 477,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $287,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $549,000
  • Market Land Value: $90,000
  • Market Improvement Value: $459,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $549,000
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $459,000

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11817490993
  • Current Sale Price: $489,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021017621
  • Previous Sale Recording Date: May 25, 2010
  • Previous Sale Contract Date: Apr 30, 2010
  • Previous Sale Amount: $585,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $287,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SHINHAN BANK AMERICA
  • Previous Mortgage Transaction Date: May 25, 2010
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 725 Holly Court located in?
The 725 Holly Court is a located in the neighborhood of Bergen in Norwood, Norwood.
What is the average sales price for listings in 725 Holly Court?
The average sales price for units in 725 Holly Court is $0 currently.

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