NOT LISTED FOR SALE

12 Frank Terrace Whippany, NJ 07981

Estimated Value: $695,000 - $724,000

4 Beds
2 Baths
1,761 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $545,000 $309 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,468/month

44 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Whippany Park High School Rated A-
  • Main Floor Bedroom
  • Thermal Windows

About This Home

As of December 2020

Welcome to 12 Frank Terrace! Nothing to do but unpack and move-in to this impeccably maintained, well-appointed 4 Bedroom 2 Full Bath on a serene and park-like property in Whippany! Main level features include a tastefully updated eat-in kitchen; living room with gleaming hardwood floors, crown molding, wood burning fireplace, custom built-ins, and a bay window; updated full bathroom; master bedroom with ample closet space; and a bedroom with attached 20x13 sunroom. Finished basement with rec room, full bath, laundry room, access to the built-in garage, and ample storage space throughout. Upstairs includes 2 large bedrooms with plenty of closet space and attic access. Sliding doors from the kitchen leading to a patio overlooking the 1/3 acre property. This home won't last, don't miss out!

Last Agent to Sell the Property

Alex Smolenski

HALLMARK REALTORS Listed on: 09/09/2020

Last Buyer's Agent

MICHAEL P. GOMEZ

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,280

Year Built

  • Built in 1949

Lot Details

  • 0.35

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 1,761 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • Sun or Florida Room
  • Wood Flooring
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Beemeadow Elementary School
  • Memorialjr Middle School
  • Whippany High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Patio
  • 0.35 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2312-07003-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,280

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1949
  • Year Built Description: Approximate
  • County Name: Morris
  • Exclusions: Refrigerator in Garage, Grill, Personal Items, Security System
  • Street Number Display: 12
  • Directions: Troy Hills Rd to Frank Ter
  • I D: 5014825
  • Modified: 2021-12-16
  • Number Images: 16
  • First Name: ALEXANDER
  • First Name3: MICHAEL P.
  • Last Name: SMOLENSKI
  • Last Name3: GOMEZ
  • Office Phone3: (973) 267-8990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 22x11
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room1 Level: Basement
  • Other Room 2: Bathroom
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Florida/3Season, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms
  • Estimated Sq Ft: 1761
  • Phone: 800-359-3398

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BeeMeadow
  • Middle School: MemorialJr
  • High School: Whippany
  • High School: Whippany
  • Middle Jr High School: MemorialJr

Lot Info

  • Lot Size: .354 AC
  • Assessed Improvement Value: 182100
  • Assessed Land Value: 202700
  • Assessment: 384800
  • Easement: Unknown
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.35

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7280
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2312-07003-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.825
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: BeeMeadow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Dec 15, 2020
Sold by
Matousek Martin D and Matousek Alison
Bought by
Gomez Michael and Serrecchia Jianna
Seller's Agent
Alex Smolenski
HALLMARK REALTORS
Buyer's Agent
MICHAEL P. GOMEZ
COLDWELL BANKER REALTY
List Price
$589,000
Sold Price
$545,000
Premium/Discount to List
-$44,000
-7.47%
Current Estimated Value
$711,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,786
Avg. Annual Appreciation
5.78%
Original Mortgage
$490,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2015
Closed on
Jan 26, 2016
Sold by
Christadore Michele and Dietzold William
Bought by
Matousek Alison and Matousek Martin D
Seller's Agent
CAROL PALK
WEICHERT REALTORS CORP HQ
List Price
$525,000
Sold Price
$460,000
Premium/Discount to List
-$65,000
-12.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%
Original Mortgage
$414,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2006
Sold by
Spiaggia Raymong
Bought by
Corbosiero Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.4%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Collins Daniel J and Collins Jane R
Bought by
Spiaggia Raymond and Spiaggia Roseann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
4.5%
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
Gomez Michael $545,000 Evident Title Agency Inc
Redacted Upon Request $545,000 Evident Title Agency
Matousek Alison $460,000 Chicago Title Insurance Co
Corbosiero Michelle $465,000 --
Spiaggia Raymond $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Michael $124,000
Open Gomez Michael $490,500
Previous Owner Redacted Upon Request $490,500
Previous Owner Matousek Alison $414,000
Previous Owner Christadore Michele $374,580
Previous Owner Christadore Michele $394,000
Previous Owner Corbosiero Michelle $49,300
Previous Owner Christadore Michele $50,000
Previous Owner Corbosiero Michelle $372,000
Previous Owner Spiaggia Raymond D $30,000
Previous Owner Spiaggia Raymond $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $545,000 -7.5% $309 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $589,000 +28.0% $334 / Sq Ft
01/27/2016 01/27/16 Sold $460,000 -12.4% $288 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $525,000 -- $328 / 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 $8,112 $384,800 $202,700 $182,100
2024 $8,077 $384,800 $202,700 $182,100
2023 $8,077 $384,800 $202,700 $182,100
2022 $7,388 $384,800 $202,700 $182,100
2021 $7,280 $384,800 $202,700 $182,100
2020 $7,257 $384,800 $202,700 $182,100
2019 $7,280 $384,800 $202,700 $182,100
2018 $7,153 $384,800 $202,700 $182,100
2017 $6,942 $384,800 $202,700 $182,100
2016 $6,842 $384,800 $202,700 $182,100
2015 $6,569 $384,800 $202,700 $182,100
2014 $6,426 $384,800 $202,700 $182,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3662739

Garden State MLS

APN: 12-07003-0000-00016