NOT LISTED FOR SALE

1581 Van Ness Terrace Union, NJ 07083

Estimated Value: $546,000 - $794,000

5 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold August 19, 2022

Last sale price $545,000

Est. 22% increase in value since last sale

Current estimated payment $4,546/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Recreation Room
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of August 2022

This classic brick-front cape with recent updates will surprise you with all the living space inside! Enter into the sunlit living room with a large bay window and stone-front electric fireplace. Wood floors shine through the space and into the adjacent dining room creating the perfect flow for everyday or entertaining! The updated eat-in kitchen is warm and welcoming with antique white cabinets, tile floor, granite and stainless appliances. A center island with casual seating, pendant lights and storage proves great space for casual meals or prepping a feast! A 3-season room is perfect for kicking back in any time of year and has a convenient back door to the yard. 2 bedrooms and a full bath complete the main floor. The second floor is an ideal set-up for use as mother/daughter space! A full kitchenette with counter seating is open to a comfortable sitting room and dining area. 3 spacious bedrooms and a 2nd full bath make this a potential complete living space on its own! The finished lower level adds even more flexible space with a large rec room, office, laundry and storage room as well as a 3rd full bath! This home truly has space for everyone!! A privately fenced yard includes a paver patio and lots of lawn space for play, pets, garden or simply relaxing! Includes an attached garage and a brand new water proof system and pump.

Last Agent to Sell the Property

Michael Martinetti

KELLER WILLIAMS REALTY Listed on: 06/13/2022

KELLER WILLIAMS REALTY

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY Listed on: 06/13/2022

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,700

Year Renovated

  • 2021

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Wood Flooring
  • Finished Basement
  • Garage Access
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 6,098 Sq Ft Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2919-05306-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,700

Year Renovated

2021

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2021
  • Street Number Display: 1581
  • Directions: Head south on Harding Ave toward Vauxhall Rd, left onto Oakland Ave, left onto Stanley Terrace, Turn left onto Van Ness Terrace.
  • I D: 5157992
  • Modified: 2023-08-20
  • Number Images: 35
  • First Name: MICHAEL
  • First Name3: MICHAEL
  • Last Name: MARTINETTI
  • Last Name3: MARTINETTI
  • Office Phone: 908-233-8502
  • Office Phone3: 908-233-8502
  • Attribution Contact: null
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 12
  • Bedrooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Bath(s) Other, GarEnter, Laundry Room, Rec Room, Storage Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Florida/3Season, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Dining Room, SittngRm
  • Phone: 908-233-8502

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 60X100
  • Assessed Improvement Value: 27400
  • Assessed Land Value: 21100
  • Assessment: 48500
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14
  • Zoning: RESIDENTIAL

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9700
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-05306-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 20.409
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Aug 19, 2022
Sold by
Sumter Timothy E and Sumter Kendalyn E
Bought by
Obi Valentine
Seller's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$449,000
Sold Price
$545,000
Premium/Discount to List
$96,000
21.38%
Current Estimated Value
$662,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,805
Avg. Annual Appreciation
6.42%
Original Mortgage
$490,500
Outstanding Balance
$472,785
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$183,654

Purchase Details

Closed on
Jan 29, 2010
Sold by
Kochieva Yelena
Bought by
Sumter Timothy and Sumter Kendalyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2006
Sold by
Vuono Joseph
Bought by
Kochieva Yelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Obi Valentine $545,000 American Land Title
Sumter Timothy $330,000 Commonwealth Land Title Insu
Kochieva Yelena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obi Valentine $490,500
Previous Owner Sumter Timothy $324,022
Previous Owner Kochieva Yelena $180,000
Previous Owner Kochieva Yelena $138,000
Previous Owner Kochieva Yelena $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $545,000 +21.4% --
06/23/2022 06/23/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $449,000 -- --
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 $11,008 $50,800 $21,100 $29,700
2023 $11,008 $50,800 $21,100 $29,700
2022 $10,144 $48,500 $21,100 $27,400
2021 $9,898 $48,500 $21,100 $27,400
2020 $9,701 $48,500 $21,100 $27,400
2019 $9,571 $48,500 $21,100 $27,400
2018 $9,408 $48,500 $21,100 $27,400
2017 $9,268 $48,500 $21,100 $27,400
2016 $9,042 $48,500 $21,100 $27,400
2015 $8,892 $48,500 $21,100 $27,400
2014 $8,693 $48,500 $21,100 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3788744

Garden State MLS

APN: 19-05306-0000-00004