NOT LISTED FOR SALE

12 N Cobane Terrace West Orange, NJ 07052

Estimated Value: $1,304,667 - $1,556,000

7 Beds
4.5 Baths
4,462 Sq Ft
$317/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $830,000 $186 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $10,451/month

8 Days on Market

Highlights

  • In Ground Pool
  • 0.69 Acre Lot
  • Dining Room with Fireplace
  • West Orange High School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of April 2020

Grand & elegant turn of the century Georgian colonial built for the founder of the NYC Cotton Exchange awaits the buyer who appreciates a mix of period architectural details & modern amenities! The ' wow factor' begins with the porte cochere, continues past the decorative 8' iron & glass door to the expansive foyer.The living rm, fam rm & din rm all have carved plaster mouldings & gas fireplaces! The kitchen is remodeled w/granite and ss apps & adjoins a large separate eating area & butler's pantry. Mast bedrm offers full bath & huge dressing rm/ W/I closet. 12' ceilings; replacement windows. Exterior features in ground pool, covered porch, 2 stone patios, 2 car garage. Located on a cul de sac in the Upper Gregory section, set back on a private rd w/ easy access to major roads & NYC trans. Live the life!

Last Agent to Sell the Property

Kathleen Kulik

KELLER WILLIAMS - NJ METRO GROUP Listed on: 01/30/2020

KELLER WILLIAMS - NJ METRO GROUP

Last Buyer's Agent

Dana Farber-schwern

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,247

Year Built

  • Built in 1872

Lot Details

  • 0.69 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Dog Run
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Shared Driveway
  • Additional Parking

Home Design

  • Colonial Architecture
  • Wood Siding
  • Clapboard

Interior Spaces

  • 4,462 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Game Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Pool
  • Pool Liner

Outdoor Features

  • Patio
  • Porch

Schools

  • Gregory Elementary School
  • Roosevelt Middle School
  • W Orange High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Radiator
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 1622-00080-0001-00005-0001-

Community Details

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,247

Year Built

Built in 1872

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1872
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: shared drive
  • Directions: Northfield to North Cobane Terr. Enter private road at the end of the street. House is to the left as you enter the private road.
  • I D: 4956365
  • Section Subdiv Development: Upper Gregory
  • First Name: KATHLEEN
  • First Name3: DANA
  • First Name4: SUSAN
  • Last Name: KULIK
  • Last Name3: FARBER SCHWERN
  • Last Name4: LOVIT
  • Office Phone: 973-783-7400 ext 214
  • Office Phone3: 973-317-7360
  • Office Phone4: 973-310-7360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Parquet, Wood
  • Fireplace Description: Gas Fireplace, Dining Room, Family Room, Living Room
  • Number of Fireplaces: 3
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Dryer
  • Interior Amenities: JacuzTyp, TubShowr, Walk-In Closet, Security System, StallTub, Fire Extinguisher, Window Treatments, Carbon Monoxide Detector, High Ceilings, Smoke Detector
  • Bedrooms: 7
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Tub Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Full
  • Basement Level Rooms: Utility Room, Outside Entrance, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Pantry, Separate Dining Area
  • Kitchen Dim: 15x15
  • Kitchen Level: First
  • Living Room Dim: 26x15
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room1 Dim: 26x8
  • Other Room 2: PowderRm
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Dim: 12x10
  • Other Room3 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Level: Second
  • Level 1 Rooms: Breakfast Room, Foyer, Living Room, Pantry, Dining Room, Entrance Vestibule, Porch, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, SittngRm, Bath Main, Bath(s) Other
  • Level 3 Rooms: 3 Bedrooms, GameRoom, Bath(s) Other, RecRoom
  • Estimated Sq Ft: 4462
  • Phone: 973-783-7400

Exterior Features

  • Exterior Description: Clapboard, Wood
  • Exterior Features: Dog Run, Patio, Open Porch(es)
  • Pool: Yes
  • Pool Description: In-Ground Pool, Outdoor Pool, Liner
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Additional Parking, Blacktop, Circular, Driveway-Shared

Utilities

  • Cooling: Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam, Baseboard - Electric, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Storage

Schools

  • High School: W ORANGE
  • Middle Jr High School: ROOSEVELT

Lot Info

  • Lot Size: 225X134
  • Easement: Yes
  • Lot Description: Private Road, Level Lot, Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.69

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 32247
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1622-00080-0001-00005-0001-
  • Tax Rate Amount: 4.161
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: GREGORY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 31, 2020
Sold by
Hrushesky William
Seller's Agent
Kathleen Kulik
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
Dana Farber-schwern
COMPASS NEW JERSEY LLC
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%
Current Estimated Value
$1,413,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,667
Avg. Annual Appreciation
9.92%
Original Mortgage
$581,000
Outstanding Balance
$511,451
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$902,216

Purchase Details

Closed on
Apr 29, 2010
Sold by
Tornberg Roy and Tornberg Karen
Bought by
Wood Patricia and Hrushesky Dr William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2001
Sold by
Svedlund Laila
Bought by
Tornberg Roy and Tornberg Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.93%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Simeo Tom
Bought by
Svedlund Laila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,750
Interest Rate
6.89%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Iannone Angelo
Bought by
Simeo Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $830,000 First Integrity Title Agency
Wood Patricia $937,500 None Available
Tornberg Roy $575,000 --
Svedlund Laila $530,000 --
Simeo Tom $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $581,000
Previous Owner Wood Patricia $417,000
Previous Owner Tornberg Roy $350,000
Previous Owner Svedlund Laila $463,750
Previous Owner Simeo Tom $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $830,000 -2.2% $186 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $849,000 -- $190 / 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 $36,439 $1,285,600 $452,200 $833,400
2024 $36,439 $792,500 $205,500 $587,000
2022 $34,387 $775,000 $205,500 $569,500
2021 $33,744 $775,000 $205,500 $569,500
2020 $33,201 $775,000 $205,500 $569,500
2019 $32,248 $775,000 $205,500 $569,500
2018 $31,295 $775,000 $205,500 $569,500
2017 $30,892 $775,000 $205,500 $569,500
2016 $30,148 $775,000 $205,500 $569,500
2015 $31,490 $825,000 $205,500 $619,500
2014 $30,872 $825,000 $205,500 $619,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3612942

Garden State MLS

APN: 22-00080-01-00005-01