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185 Knollwood Drive

185 Knollwood Drive, Watchung, NJ 07069
Property in Somerset
Sold Aug 20, 2020
$620,000
$699,307 by First Alliance Home Mortgage L
Mortgage Due Sep 01, 2050
Sold Apr 05, 2002
$640,000
$512,000 by 1st United Mtg
Mortgage
185 Knollwood Drive in Watchung, NJ was first built in 1964 and is 60 years old. This has been categorized as a residential property type. There are a total of 2 floors. 185 Knollwood Drive has 3,471 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 96,268 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 185 Knollwood Drive was last sold in Aug 18, 2020 for $620,000. According to our calculations, that's $178.62 per sqft. Prior to that sales transaction, the property was sold for $640,000 in Mar 5, 2002. Current property owners are expected to pay $14,720 in taxes per year. The property on 185 Knollwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $721,200. To break that down further, the land itself was valued at $412,800. While improvements to the property were assessed at a total of $308,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 96,268
  • Total Building Area: 3,471
  • Building Area: 3,471
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,471
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FERNADEZ KARINA
  • Current Owner 2: ROMON JOSEPH
  • Previous Owner : BROWN KIMBERLY M
  • Owner Before Previous Owner: MATTHEWS ANDREA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-R

Geography

  • Assessors Map Reference: TAX MAP 7
  • Account Number: S001
  • District: 21
  • Parcel: 21 01305-0000-00009
  • Block: 1305
  • Lot: 9
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6264
  • Longitude: -74.4532

    Address

  • Full Address: 185 Knollwood Dr
  • Address - House Number: 185
  • Address - Street Name: Knollwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C079
  • 4-Digit Zip Code: 6245
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,720

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 968,447
  • High Value: 1,101,461
  • Low Value: 835,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $699,307
  • First Open Lien Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $699,307
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $720,407
  • Market Land Value: $412,346
  • Market Improvement Value: $308,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,200
  • Assessed Land Value: $412,800
  • Assessed Improvements Value: $308,400

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11783357602
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020037674
  • Previous Sale Recording Date: Apr 05, 2002
  • Previous Sale Contract Date: Mar 05, 2002
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $699,307
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: 1ST UNITED MTG
  • Previous Mortgage Transaction Date: Apr 05, 2002
  • Previous Mortgage Loan Amount: $512,000
  • Previous Mortgage Term: 360

About Watchung



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Nearby Rentals

Unit for rent at 210 Mountain Blvd, Watchung Boro, NJ, 07069

$4,100 /mo

  • 2 Beds
  • 2 Baths
210 Mountain Blvd, Watchung Boro, NJ, 07069 Listing by SUSAN POWERS

Frequently Asked Questions

What neighborhood is 185 Knollwood Drive located in?
The 185 Knollwood Drive is a located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 185 Knollwood Drive?
The average sales price for units in 185 Knollwood Drive is $0 currently.

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