NOT LISTED FOR SALE

1243 Lorraine Ave Teaneck, NJ 07666

Estimated Value: $572,000 - $660,756

3 Beds
2 Baths
1,476 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $517,001 $350 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,092/month

49 Days on Market

Highlights

  • Central Air
  • Rectangular Lot
  • 5-minute walk to Coolidge Park

About This Home

As of March 2024

Ni ce Starter Bi Level built in the early 90's. Great lot with a HUGE backyard!. Newer Furnace and CAC. House needs updating and TLC. REO and being sold in strictly "as-is" condition. Any Municipal certs are BUYER responsibility. 'Chase Employees: Please see the Chase Acknowledgement for restrictions. Buyer must sign at offer/contract'

Last Agent to Sell the Property

Bryan Turci

Howard Hanna Rand Realty, Old Tappan Listed on: 01/03/2024

Howard Hanna Rand Realty, Old Tappan

Last Buyer's Agent

Nare Khrimian

Keller Williams Town Life

Keller Williams Town Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,566

Lot Details

  • 9,500 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00008 / 05802

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,566

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: REO
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 666-0007
  • MLS Status: Sold - Sold
  • Directions: E or W Forest to Lorraine
  • Reso Fireplace Features: None
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Traditnl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Lot Info

  • Lot Size Sq Ft: 9500.0

Tax Info

  • Tax Annual Amount: 9566.0
  • Tax Block: 05802
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
1243 Lorraine Llc
Bought by
Fernandez Eduardo
Current Estimated Value
$616,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$458,415
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$158,024

Purchase Details

Listed on
Jan 3, 2024
Closed on
Mar 15, 2024
Sold by
Structured Asset Mtg Inv Ii Tr and Wells Fargo Bank Na
Bought by
1243 Lorraine Llc
Seller's Agent
Bryan Turci
Howard Hanna Rand Realty, Old Tappan
Buyer's Agent
Nare Khrimian
Keller Williams Town Life
List Price
$446,500
Sold Price
$517,001
Premium/Discount to List
$70,501
15.79%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Closed on
Nov 28, 2023
Sold by
Sheriff / The County / Bergen
Bought by
Structured Asset Mtg Inv Ii Tr and Wells Fargo Bank

Purchase Details

Closed on
Aug 24, 2005
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
Fernandez Eduardo $580,000 Westcor Land Title
Fernandez Eduardo $580,000 Westcor Land Title
1243 Lorraine Llc $517,001 None Listed On Document
1243 Lorraine Llc $517,001 None Listed On Document
Structured Asset Mtg Inv Ii Tr -- None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Eduardo $464,000
Closed Fernandez Eduardo $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $517,001 +15.8% $350 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $446,500 -- $303 / Sq Ft
Source: New Jersey 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 $10,118 $463,300 $244,000 $219,300
2024 $9,701 $463,300 $244,000 $219,300
2023 $9,510 $293,800 $152,500 $141,300
2022 $9,510 $293,800 $152,500 $141,300
2021 $9,566 $293,800 $152,500 $141,300
2020 $9,501 $293,800 $152,500 $141,300
2019 $9,393 $293,800 $152,500 $141,300
2018 $9,322 $293,800 $152,500 $141,300
2017 $9,234 $293,800 $152,500 $141,300
2016 $9,096 $293,800 $152,500 $141,300
2015 $8,952 $293,800 $152,500 $141,300
2014 $10,161 $395,200 $230,000 $165,200
Source: Public Records

Agents Affiliated with this Home

  • Bryan Turci

    Seller's Agent in 2024

    Bryan Turci

    Howard Hanna Rand Realty, Old Tappan

    (201) 674-3917

    3 in this area

    15 Total Sales

    Bryan Turci
    Section Image

  • N

    Buyer's Agent in 2024

    Nare Khrimian

    Keller Williams Town Life

    (551) 795-5522

    1 in this area

    28 Total Sales

    Nare Khrimian
    Section Image
  • Christopher Sapienza

    Buyer Co-Listing Agent in 2024

    Christopher Sapienza

    Keller Williams Town Life

    (973) 664-7678

    5 in this area

    131 Total Sales

    Christopher Sapienza
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24000264

New Jersey MLS

APN: 60-05802-0000-00008-01

New Jersey Bergen County Teaneck 07631

1243 Lorraine Ave, Teaneck, NJ

Not Listed for Sale

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