NOT LISTED FOR SALE

16 Oaktree Ln Bloomfield, NJ 07003

Estimated Value: $566,000 - $617,241

4 Beds
2 Baths
-- Sq Ft
44 Sq Ft Lot

Last Sold May 26, 2020

Last sale price $325,000

Est. 79% increase in value since last sale

Current estimated payment $3,913/month

76 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Enclosed Patio or Porch
  • Storm Windows

About This Home

As of May 2020

One Owner home with warm charm and character. First floor features living room with wood burning fireplace, large eat in kitchen ,enclosed rear porch, full bath and 2 bedrooms. Hardwood floors on first floor only. Sidehall staircase to second floor , 2 bedrooms and full bath. Please note: #16 & #20 Oak Tree Lane will be sold together. #20 Oak Tree Lane is vacant land known as Lot #13, Blk #01028. Approx lot size 44 x 146. Taxes for lot $597.15 approx. Two sheds on property included in sale.

Last Agent to Sell the Property

RALPH LATORRACA

LATORRACA REALTORS Listed on: 11/19/2019

Last Buyer's Agent

RALPH LATORRACA

LATORRACA REALTORS Listed on: 11/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,829

Year Built

  • Built in 1957

Lot Details

  • 44 Sq Ft Lot
  • Irregular Lot

Parking

  • 3 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed

Schools

  • Demarest Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1602-01028-0000-00012-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,829

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1957
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Watchung Avenue to Broughton Ave to Oak Tree Lane
  • I D: 4945555
  • Section Subdiv Development: Brookdale
  • First Name: RALPH
  • First Name3: RALPH
  • Last Name: LATORRACA
  • Last Name3: LATORRACA
  • Office Phone: 973 338-4300
  • Office Phone3: 973 338-4300
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Washer, Dryer
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Walkout
  • Basement Level Rooms: Walkout
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 973-338-4300

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Storage Shed, Enclosed Porch(es), Storm Window(s), Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Fuel Type: OilAbIn
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Schools

  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 44 X 167
  • Easement: Unknown
  • Lot Description: Irregular Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9829
  • Assessor Parcel Number: 1602-01028-0000-00012-0000-
  • Tax Rate Amount: 3.981
  • Tax Year: 2019

MLS Schools

  • Grade School: DEMAREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
May 19, 2020
Sold by
Allen Henrietta and Allen Jack
Bought by
Barrow Kurt and Barrow Doreen
Seller's Agent
RALPH LATORRACA
LATORRACA REALTORS
Buyer's Agent
RALPH LATORRACA
LATORRACA REALTORS
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Current Estimated Value
$580,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,810
Avg. Annual Appreciation
11.07%
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
Barrow Kurt $325,000 Commitment For Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Sold $325,000 -18.5% --
02/03/2020 02/03/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $399,000 -- --
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 $10,258 $313,900 $150,700 $163,200
2024 $10,258 $313,900 $150,700 $163,200
2022 $10,051 $313,900 $150,700 $163,200
2021 $9,866 $313,900 $150,700 $163,200
2020 $9,715 $313,900 $150,700 $163,200
2019 $9,829 $246,900 $123,000 $123,900
2018 $9,787 $246,900 $123,000 $123,900
2017 $9,639 $246,900 $123,000 $123,900
2016 $9,530 $246,900 $123,000 $123,900
2015 $9,444 $246,900 $123,000 $123,900
2014 $9,271 $246,900 $123,000 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3601870

Garden State MLS

APN: 02-01028-0000-00012