NOT LISTED FOR SALE

16 Otsego Rd Verona, NJ 07044

Estimated Value: $724,665 - $984,000

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

Last Sold August 31, 2012

Last sale price $429,900

Est. 86% increase in value since last sale

Current estimated payment $5,482/month

About This Home

As of August 2012

This home is located at 16 Otsego Rd, Verona, NJ 07044 since 31 August 2012 and is currently estimated at $797,666. This property was built in 1921. 16 Otsego Rd is a home located in Essex County with nearby schools including Laning Avenue School, Henry B. Whitehorne Middle School, and Verona High School.

Angela D'Aries

PROMINENT PROPERTIES SIR Brokerage Phone: 973-239-7700 Listed on: 08/31/2012

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,260

Year Built

  • 1921

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,260

Year Built

1921

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 16
  • I D: 4250495
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-239-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1921

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.20

Lot Info

  • Lot Size: 40X155
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Aug 29, 2012
Sold by
Otsego Properties Llc
Bought by
Jacobs John and Verrone Kerry E
Buyer's Agent
Angela D'Aries
PROMINENT PROPERTIES SIR
Sold Price
$429,900
Total Days on Market
0
Current Estimated Value
$797,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,766
Avg. Annual Appreciation
4.95%
Original Mortgage
$343,920
Interest Rate
3.59%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
May 22, 2012
Closed on
May 22, 2012
Sold by
Skrips William Richard
Bought by
Otsego Properties Llc
Seller's Agent
Lynne Mortimer
COLDWELL BANKER REALTY
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
502.53%
Original Mortgage
$350,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 2011
Sold by
Skrips William Richard
Bought by
Skrips William Richard
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
Jacobs John $429,900 None Available
Otsego Properties Llc $260,000 None Available
Skrips William Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs John $366,000
Closed Jacobs John $343,920
Previous Owner Otsego Properties Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $429,900 +65.3% --
05/22/2012 05/22/12 Sold $260,000 -- --
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 $12,260 $400,400 $221,000 $179,400
2022 $11,984 $400,400 $221,000 $179,400
2021 $11,840 $400,400 $221,000 $179,400
2020 $11,467 $400,400 $221,000 $179,400
2019 $11,091 $400,400 $221,000 $179,400
2018 $10,532 $333,400 $179,000 $154,400
2017 $10,379 $333,400 $179,000 $154,400
2016 $10,212 $333,400 $179,000 $154,400
Source: Public Records

Agents Affiliated with this Home

  • Lynne Mortimer

    Seller's Agent in 2012

    Lynne Mortimer

    COLDWELL BANKER REALTY

    40 in this area

    109 Total Sales

    Lynne Mortimer
    Section Image
  • Angela D'Aries

    Buyer's Agent in 2012

    Angela D'Aries

    PROMINENT PROPERTIES SIR

    (973) 650-8898

    2 in this area

    73 Total Sales

    Angela D'Aries
    Section Image
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Map

Source: Garden State MLS

MLS Number: 2956844

Garden State MLS

APN: 20-00802-0000-00062

New Jersey Essex County Verona 07044

16 Otsego Rd, Verona, NJ

This home is located at 16 Otsego Rd, Verona, NJ 07044 since 31 August 2012 and is currently estimated at $797,666. This property was built in 1921. 16 Otsego Rd is a home located in Essex County with nearby schools including Laning Avenue School, Henry B. Whitehorne Middle School, and Verona High School.

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