NOT LISTED FOR SALE

16 Luth Terrace West Orange, NJ 07052

Estimated Value: $1,038,000 - $1,159,130

3 Beds
5 Baths
-- Sq Ft
-- Built

Last Sold September 29, 2023

Last sale price $960,000

Est. 14% increase in value since last sale

Current estimated payment $8,368/month

87 Days on Market

About This Home

As of September 2023

This home is located at 16 Luth Terrace, West Orange, NJ 07052 since 06 June 2023 and is currently estimated at $1,092,783. 16 Luth Terrace is a home located in Essex County with nearby schools including West Orange High School, Golda Och Academy, and Mount Carmel Guild High School.

Last Agent to Sell the Property

TAMMY M WILLIAMS

BHHS FOX & ROACH Brokerage Phone: 973-992-6363 Listed on: 06/06/2023

Last Buyer's Agent

GAYE PECKER

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,967

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,967

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 16
  • I D: 5225490
  • Modified: 2024-09-30
  • Number Images: 1
  • Attribution Contact: 973-992-6363
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .4 CE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 22, 2023
Sold by
Hobson Stephen T and Hobson Shirley
Bought by
Gallant Greg and Gallant Cindy
Seller's Agent
TAMMY M WILLIAMS
BHHS FOX & ROACH
Buyer's Agent
GAYE PECKER
COLDWELL BANKER REALTY
List Price
$990,000
Sold Price
$960,000
Premium/Discount to List
-$30,000
-3.03%
Views
205
Current Estimated Value
$1,092,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,783
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
May 29, 2009
Sold by
M&M At West Orange Llc
Bought by
Hobson Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gallant Greg $960,000 None Listed On Document
Hobson Stephen T $730,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hobson Stephen T $515,000
Previous Owner Hobson Stephen T $564,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $960,000 -3.0% --
09/01/2023 09/01/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $990,000 -- --
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
2025 $28,967 $941,100 $295,000 $646,100
2024 $28,967 $630,000 $200,000 $430,000
2022 $30,850 $695,300 $200,000 $495,300
2021 $30,273 $695,300 $200,000 $495,300
2020 $29,787 $695,300 $200,000 $495,300
2019 $28,931 $695,300 $200,000 $495,300
2018 $28,076 $695,300 $200,000 $495,300
2017 $27,715 $695,300 $200,000 $495,300
2016 $27,047 $695,300 $200,000 $495,300
2015 $26,540 $695,300 $200,000 $495,300
2014 $26,018 $695,300 $200,000 $495,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    TAMMY M WILLIAMS

    BHHS FOX & ROACH

  • G

    Buyer's Agent in 2023

    GAYE PECKER

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3847693

Garden State MLS

APN: 22-00169-01-00006-01-C0072

New Jersey Essex County West Orange 07052

16 Luth Terrace, West Orange, NJ

This home is located at 16 Luth Terrace, West Orange, NJ 07052 since 06 June 2023 and is currently estimated at $1,092,783. 16 Luth Terrace is a home located in Essex County with nearby schools including West Orange High School, Golda Och Academy, and Mount Carmel Guild High School.

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