NOT LISTED FOR SALE

125 Reeve Terrace Unit 27 Plainfield, NJ 07062

Estimated Value: $472,000 - $568,000

-- Bed
-- Bath
1,872 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $427,000 $228 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,539/month

About This Home

As of August 2021

This home is located at 125 Reeve Terrace Unit 27, Plainfield, NJ 07062 since 31 May 2021 and is currently estimated at $522,547, approximately $279 per square foot. This property was built in 1961. 125 Reeve Terrace Unit 27 is a home located in Union County with nearby schools including Emerson Community School, Maxson Middle School, and Plainfield High School.

Last Agent to Sell the Property

Sandra Chambers

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 05/31/2021

RE/MAX SELECT

Last Buyer's Agent

Sandra Chambers

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 05/31/2021

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,300

Year Built

  • Built in 1961

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,300

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • County Name: Union
  • Street Number Display: 125
  • I D: 5075465
  • Modified: 2022-08-07
  • Number Images: 1
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Aug 6, 2021
Sold by
Chambers Cheres
Bought by
Pearson Randell
Seller's Agent
Sandra Chambers
RE/MAX SELECT
Buyer's Agent
Sandra Chambers
RE/MAX SELECT
List Price
$427,000
Sold Price
$427,000
Current Estimated Value
$522,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,547
Avg. Annual Appreciation
6.69%
Original Mortgage
$419,265
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2015
Sold by
Fannie Mae
Bought by
Chambers Cheres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,984
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2015
Sold by
Union County Sheriff
Bought by
Federal National Mortgageassociatio

Purchase Details

Closed on
Jul 27, 2007
Sold by
Tanner Stella and Freeman Masa
Bought by
Tanner Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.99%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pearson Randell $427,000 None Available
Chambers Cheres $120,000 --
Federal National Mortgageassociatio $1,000 --
Tanner Stella -- American Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Randell $419,265
Previous Owner Chambers Cheres $188,984
Previous Owner Tanner Stella $544,185
Previous Owner Tanner Stella $224,000
Previous Owner Tanner Stella $201,000
Previous Owner Freeman Stella $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $427,000 0.0% $228 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $427,000 -- $228 / 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
2024 $8,300 $133,000 $33,600 $99,400
2023 $8,300 $96,000 $33,600 $62,400
2022 $8,121 $96,000 $33,600 $62,400
2021 $8,050 $96,000 $33,600 $62,400
2020 $8,027 $96,000 $33,600 $62,400
2019 $8,888 $106,300 $33,600 $72,700
2018 $8,702 $106,300 $33,600 $72,700
2017 $10,086 $126,300 $33,600 $92,700
2016 $9,880 $126,300 $33,600 $92,700
2015 $9,589 $126,300 $33,600 $92,700
2014 -- $126,300 $33,600 $92,700
Source: Public Records

Agents Affiliated with this Home

  • Sandra Chambers

    Seller's Agent in 2021

    Sandra Chambers

    RE/MAX

    (732) 558-8801

    119 in this area

    241 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3716294

Garden State MLS

APN: 12-00431-0000-00026

New Jersey Union County Plainfield 07062

125 Reeve Terrace Unit 27, Plainfield, NJ

This home is located at 125 Reeve Terrace Unit 27, Plainfield, NJ 07062 since 31 May 2021 and is currently estimated at $522,547, approximately $279 per square foot. This property was built in 1961. 125 Reeve Terrace Unit 27 is a home located in Union County with nearby schools including Emerson Community School, Maxson Middle School, and Plainfield High School.

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