NOT LISTED FOR SALE

1044 Elm Terrace Rahway, NJ 07065

Estimated Value: $601,000 - $645,249

4 Beds
2 Baths
1,792 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $367,000 $205 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,333/month

20 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • 1 Car Attached Garage
  • Colonial Architecture
  • Butlers Pantry
  • Eat-In Kitchen

About This Home

As of February 2020

Looking for renovated Colonial in desirable Milton Lake Section, good school, close to transportation and major highways. This beautiful corner house offers 4 bedrooms, 2 baths, gourmet kitchen with Granite counter top, Quality cabinates, SS Appliances. Second floor provides master bedroom, two other bedrooms, full bath and laundry room. First floor provides living room, bedroom room,full bath, gorgeous eat-in kitchen with breakfast bar, family room. Engineered Harwood floors throughout, recess lights, new A/C, baseboard heat, huge family room with fireplace leading to fenced in big backyard with inground swimming pool & patio. One car garage, beautifully landscaped and lot more.

Last Agent to Sell the Property

RACHNA LUTHRA

REALTYMARK SELECT Listed on: 11/16/2019

Last Buyer's Agent

Laura Giacobbe

KELLER WILLIAMS ELITE REALTORS

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,822

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Radiant Heating System
  • Underground Utilities

Additional Features

  • Family Room with Fireplace
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 2913-00127-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,822

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2019
  • Street Number Display: 1044
  • Directions: GPS
  • I D: 4944247
  • Modified: 2021-09-23
  • Number Images: 14
  • First Name: RACHNA
  • First Name3: LAURA
  • Last Name: LUTHRA
  • Last Name3: GIACOBBE
  • Office Phone: 609-716-8400
  • Office Phone3: 732-750-4663
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Dishwasher
  • Number Rooms: 6
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Attic
  • Phone: 609-716-8400

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Exterior Features: FencVnyl
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water, Forced Hot Air, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 75X100
  • Assessed Improvement Value: 90200
  • Assessed Land Value: 71500
  • Assessment: 161700
  • Lot Description: Corner
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10822
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00127-0000-00006-0000-
  • Tax Rate Amount: 6.693
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
Jan 31, 2020
Sold by
Rama Homes Llc
Bought by
Celi Jackson and Celi Rosa
Seller's Agent
RACHNA LUTHRA
REALTYMARK SELECT
Buyer's Agent
Laura Giacobbe
KELLER WILLIAMS ELITE REALTORS
List Price
$359,999
Sold Price
$367,000
Premium/Discount to List
$7,001
1.94%
Current Estimated Value
$616,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,312
Avg. Annual Appreciation
9.66%
Original Mortgage
$360,352
Outstanding Balance
$323,729
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$292,583

Purchase Details

Listed on
Feb 9, 2019
Closed on
Jul 12, 2019
Sold by
Simons Nicole
Bought by
Rama Homes Llc
Seller's Agent
JOYCE KACZMAREK
DAUNNO REALTY SERVICES LLC
Buyer's Agent
MARCI J HODGES
CENTURY 21 JRS REALTY
List Price
$225,000
Sold Price
$225,500
Premium/Discount to List
$500
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.30%
Original Mortgage
$255,750
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2015
Sold by
Simons Johnathon
Bought by
Simons Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 16, 2005
Sold by
Secor Kenneth P
Bought by
Woods Nicole and Simons Johnathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Celi Jackson $367,000 Noble Title Agency Inc
Rama Homes Llc $225,000 Rms Title Servies Llc
Simons Nicole $123,043 Commonwealth Land Title Ins
Woods Nicole $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celi Jackson $360,352
Previous Owner Rama Homes Llc $255,750
Previous Owner Simons Nicole $25,000
Previous Owner Woods Nicole $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $367,000 +1.9% $205 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $359,999 +59.6% $201 / Sq Ft
07/12/2019 07/12/19 Sold $225,500 +0.2% $126 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $225,000 -- $126 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,781 $172,600 $71,500 $101,100
2024 $12,379 $172,600 $71,500 $101,100
2023 $12,379 $172,600 $71,500 $101,100
2022 $12,120 $172,600 $71,500 $101,100
2021 $11,997 $172,600 $71,500 $101,100
2020 $11,198 $161,700 $71,500 $90,200
2019 $11,055 $161,700 $71,500 $90,200
2018 $10,823 $161,700 $71,500 $90,200
2017 $10,556 $161,700 $71,500 $90,200
2016 $10,331 $161,700 $71,500 $90,200
2015 $10,215 $161,700 $71,500 $90,200
2014 $10,032 $161,700 $71,500 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3601480

Garden State MLS

APN: 13-00127-0000-00006