205 Terrace Lake Dr Unit 3 Butler, NJ 07405
Estimated Value: $520,807 - $558,000
--
Bed
--
Bath
1,944
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 205 Terrace Lake Dr Unit 3, Butler, NJ 07405 and is currently estimated at $532,702, approximately $274 per square foot. 205 Terrace Lake Dr Unit 3 is a home located in Morris County with nearby schools including Aaron Decker School, Richard Butler School, and Apple Montessori Schools and Camps - Kinnelon.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2007
Sold by
Ramirez Adolfo Leon and Ospina Natalia
Bought by
Saporito Lisa M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,050
Outstanding Balance
$45,577
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,125
Purchase Details
Closed on
Nov 1, 2002
Sold by
Town & Country
Bought by
Ramirez Adolfo and Ospina Natalia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,822
Interest Rate
6.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saporito Lisa M | $395,000 | Fidelity Natl Title Ins Co | |
| Ramirez Adolfo | $316,028 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saporito Lisa M | $75,050 | |
| Previous Owner | Ramirez Adolfo | $252,822 |
Source: Public Records
Tax History Compared to Growth
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 | $10,028 | $434,500 | $200,000 | $234,500 |
| 2024 | $9,979 | $401,600 | $182,500 | $219,100 |
| 2023 | $9,979 | $376,000 | $175,000 | $201,000 |
| 2022 | $10,244 | $335,800 | $162,500 | $173,300 |
| 2021 | $10,244 | $267,200 | $146,800 | $120,400 |
| 2020 | $9,983 | $267,200 | $146,800 | $120,400 |
| 2019 | $9,763 | $267,200 | $146,800 | $120,400 |
| 2018 | $9,638 | $267,200 | $146,800 | $120,400 |
| 2017 | $9,392 | $267,200 | $146,800 | $120,400 |
| 2016 | $9,149 | $267,200 | $146,800 | $120,400 |
| 2015 | $9,002 | $267,200 | $146,800 | $120,400 |
| 2014 | $8,724 | $267,200 | $146,800 | $120,400 |
Source: Public Records
Map
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