NOT LISTED FOR SALE

249 Terrace Lake Dr Butler, NJ 07405

Estimated Value: $496,000 - $587,000

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

About This Home

This home is located at 249 Terrace Lake Dr, Butler, NJ 07405 and is currently estimated at $529,417, approximately $272 per square foot. 249 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
Mar 17, 2003
Sold by
Cerullo Charles
Bought by
Smith Norman and Smith Elizabeth
Current Estimated Value
$519,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$114,047
Interest Rate
5.91%

Purchase Details

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Norman $300,000 --
Cerullo Charles $247,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Norman $240,000
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 $10,029 $403,800 $182,500 $221,300
2023 $10,029 $377,900 $175,000 $202,900
2022 $9,373 $337,300 $162,500 $174,800
2021 $9,373 $264,800 $146,800 $118,000
2020 $9,893 $264,800 $146,800 $118,000
2019 $9,676 $264,800 $146,800 $118,000
2018 $9,551 $264,800 $146,800 $118,000
2017 $9,308 $264,800 $146,800 $118,000
2016 $9,067 $264,800 $146,800 $118,000
2015 $8,921 $264,800 $146,800 $118,000
2014 $8,646 $264,800 $146,800 $118,000
Source: Public Records

Map