NOT LISTED FOR SALE

245 Terrace Lake Dr Butler, NJ 07405

Estimated Value: $492,000 - $587,000

-- Bed
-- Bath
1,944 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 245 Terrace Lake Dr, Butler, NJ 07405 and is currently estimated at $529,288, approximately $272 per square foot. 245 Terrace Lake Dr 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
Dec 28, 2003
Sold by
Cerullo Henry
Bought by
Scott Karen
Current Estimated Value
$529,288

Purchase Details

Closed on
Mar 28, 2003
Sold by
Cerullo Henry
Bought by
Scott Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5.86%

Purchase Details

Closed on
Oct 7, 2002
Sold by
Town & Country Deve
Bought by
Cerullo Henry and Cerullo Charles
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Scott Karen $307,000 --
Scott Karen $307,000 --
Cerullo Henry $252,470 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Karen M $240,650
Closed Scott Karen M $50,000
Closed Scott Karen $270,000
Closed Scott Karen M $50,000
Previous Owner Scott Karen $217,000
Source: Public Records

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 $10,162 $409,200 $182,500 $226,700
2023 $10,162 $382,900 $175,000 $207,900
2022 $9,720 $341,700 $162,500 $179,200
2021 $9,720 $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

New Jersey Morris County Butler 07405

245 Terrace Lake Dr, Butler, NJ

This home is located at 245 Terrace Lake Dr, Butler, NJ 07405 and is currently estimated at $529,288, approximately $272 per square foot. 245 Terrace Lake Dr is a home located in Morris County with nearby schools including Aaron Decker School, Richard Butler School, and Apple Montessori Schools and Camps - Kinnelon.

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