NOT LISTED FOR SALE

1059 Kensington Terrace Union, NJ 07083

Estimated Value: $363,993 - $600,000

3 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $403,500

Est. 25% increase in value since last sale

Current estimated payment $3,532/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Historic Home
  • 5-minute walk to Joe Collins Park
  • 1 Car Detached Garage
  • Wood Burning Fireplace

About This Home

As of December 2020

This 3-bedroom Larchmont colonial has everything you need in a location you will love! Red brick facade welcomes you into a large living room with hardwood floors and gorgeous crown molding. Formal dining and a cozy bonus room await just around the corner with a half bathroom perfect for guests. The bright and airy kitchen completes the first floor with access to the spacious basement, full of potential! Upstairs, three bedrooms with hardwood floors and a full bathroom complete this classic colonial. The backyard features a patio, plenty of grass and gardening space, and a detached garage. 1059 Kensington puts you in the middle of suburban living and convenience, with easy access to parks, public transportation, restaurants, shopping, and major roadways just minutes away!

Last Agent to Sell the Property

Catarina Gomes

RE/MAX LIFETIME REALTORS Listed on: 10/20/2020

RE/MAX LIFETIME REALTORS

Last Buyer's Agent

Catarina Gomes

RE/MAX LIFETIME REALTORS Listed on: 10/20/2020

RE/MAX LIFETIME REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,504

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Historic Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Carbon Monoxide Detectors
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 2919-04504-0000-00030-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,504

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1951
  • Year Built Description: Historical
  • County Name: Union
  • Street Number Display: 1059
  • Directions: Off Liberty Ave
  • I D: 5026561
  • Modified: 2021-12-16
  • Number Images: 19
  • First Name: CATARINA
  • First Name3: CATARINA
  • Last Name: GOMES
  • Last Name3: GOMES
  • Office Phone: 305784
  • Office Phone3: 305784
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Partial
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 908-688-2828

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 40X120
  • Assessed Improvement Value: 25800
  • Assessed Land Value: 17300
  • Assessment: 43100
  • Easement: Unknown
  • Lot Identifier: 30
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8504
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-04504-0000-00030-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 19.733
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 15, 2020
Sold by
Trusso Anthony M and Trusso Carmela
Bought by
Lopez Christian
Seller's Agent
Catarina Gomes
RE/MAX LIFETIME REALTORS
Buyer's Agent
Catarina Gomes
RE/MAX LIFETIME REALTORS
List Price
$389,000
Sold Price
$403,500
Premium/Discount to List
$14,500
3.73%
Current Estimated Value
$505,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,998
Avg. Annual Appreciation
7.73%
Original Mortgage
$392,755
Outstanding Balance
$353,500
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$218,607

Purchase Details

Closed on
Dec 17, 2019
Sold by
Hoffman Lillian
Bought by
Trusso Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2007
Sold by
Credit Based Asset Servicing & Securitiz
Bought by
Hoffman Lillian

Purchase Details

Closed on
Apr 24, 2007
Sold by
Trusso Camela
Bought by
Credit Based Asset Servicing & Securitiz
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lopez Christian $403,500 Foundation Ttl Llc East Brun
Trusso Anthony M $275,000 Executive Abstract Ttl Agcy
Hoffman Lillian -- None Available
Credit Based Asset Servicing & Securitiz -- Land Title Services Of New J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Christian $392,755
Previous Owner Trusso Anthony M $220,000
Previous Owner Hoffman Lillian $300,000
Previous Owner Trusso Carmela $212,500
Previous Owner Trusso Anthony M $32,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $403,500 +3.7% --
10/30/2020 10/30/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $389,000 -- --
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
2024 $9,339 $43,100 $17,300 $25,800
2023 $9,339 $43,100 $17,300 $25,800
2022 $9,015 $43,100 $17,300 $25,800
2021 $8,796 $43,100 $17,300 $25,800
2020 $8,621 $43,100 $17,300 $25,800
2019 $8,505 $43,100 $17,300 $25,800
2018 $8,360 $43,100 $17,300 $25,800
2017 $8,236 $43,100 $17,300 $25,800
2016 $8,036 $43,100 $17,300 $25,800
2015 $7,902 $43,100 $17,300 $25,800
2014 $7,725 $43,100 $17,300 $25,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3673247

Garden State MLS

APN: 19-04504-0000-00030