NOT LISTED FOR SALE

40 Leo Terrace Bloomfield, NJ 07003

Estimated Value: $638,000 - $708,000

3 Beds
2 Baths
-- Sq Ft
7,797 Sq Ft Lot

Last Sold January 26, 2021

Last sale price $475,000

Est. 44% increase in value since last sale

Current estimated payment $4,945/month

21 Days on Market

Highlights

  • Views to the East
  • Cape Cod Architecture
  • Property is near a park
  • Oak View Elementary School Rated A-
  • Deck
  • Attached Garage

About This Home

As of January 2021

The perfect combination of cozy and sophisticated, this charming home offers a huge outdoor living space in the sought after Oakview section. Conveniently located near NYC bus, jitney to train & major highways, this home is located on a quaint, tree-lined side street. First floor features a spacious living room w/ an area for a home office, an open plan breakfast bar kitchen and dining, 3-season porch, access to the garage, convenient 1st floor bedroom and a full bath. The flow from the kitchen to porch to the patio and park-like deep yard is perfect for outdoor enjoyment. The 2nd fl consists of two large bedrooms & another full bath. A finished basement offers terrific bonus space as guest/family or workout area. Furnace/AC less than a year old. This truly lovely home is not to be missed. Near Blue Ribbon Elementary School, area shops, restaurants, parks, places of worship. Interior photos coming 12/15.

Last Agent to Sell the Property

Elizabeth Scura

Prominent Properties Sotheby's International Realty-Montclair Listed on: 12/09/2020

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Sanjeev Prabhakar

Coldwell Banker, Jersey City

Coldwell Banker, Jersey City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,899

Lot Details

  • 7,797 Sq Ft Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views to the East
  • Views to the South

Home Design

  • Built in the 1950s
  • Cape Cod Architecture

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 070201262 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,899

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Trans
  • Miscellaneous: Sprinklers, Deck / Patio
  • Views/Exposure: East, South
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 9
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Basement: Finished, Prt Finished
  • Items Not Included: White Shelf in Blue Bedroom

Exterior Features

  • Exterior: Aluminum
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Electric, Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Oak View E.S.
  • Middle School: Bloomfield M.S.
  • High School: Bloomfield H.S.

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00004
  • Lot Description: Regular
  • Lot Dimensions: 50x156
  • Estimated Lot Sq Ft: 7797

Tax Info

  • Tax: 10899
  • Assessor Parcel Number: 070201262 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 26, 2021
Sold by
Stoddard David C and Stoddard Jaime E
Bought by
Adasko Chandler
Seller's Agent
Elizabeth Scura
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Sanjeev Prabhakar
Coldwell Banker, Jersey City
List Price
$399,000
Sold Price
$475,000
Premium/Discount to List
$76,000
19.05%
Current Estimated Value
$684,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,223
Avg. Annual Appreciation
8.63%
Original Mortgage
$225,000
Outstanding Balance
$203,362
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$480,861

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jul 23, 2015
Sold by
Whittaker Francesca
Bought by
Stoddard David C
Seller's Agent
KATHRYN LEMMER
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
THOMAS M. PARISI
WEICHERT REALTORS
Sold Price
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Dec 13, 2013
Closed on
Dec 11, 2013
Sold by
Grandmont Denise M and Grandmont Pauline M
Bought by
Whittaker Francesca
Seller's Agent
Tracy Chan
C-21 CEDARCREST REALTY
Buyer's Agent
KATHRYN LEMMER
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$259,200
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

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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
Adasko Chandler $475,000 Evident Title Agency Inc
Stoddard David C $340,000 --
Whittaker Francesca -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adasko Chandler $225,000
Previous Owner Whittaker Francesca $259,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $475,000 +19.0% --
12/30/2020 12/30/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $399,000 +17.4% --
09/04/2015 09/04/15 Sold $340,000 +18.1% --
12/13/2013 12/13/13 Sold $288,000 -- --
Source: New Jersey 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 $13,778 $421,600 $170,700 $250,900
2022 $13,500 $421,600 $170,700 $250,900
2021 $11,478 $365,200 $170,700 $194,500
2020 $11,303 $365,200 $170,700 $194,500
2019 $10,900 $273,800 $138,000 $135,800
2018 $10,853 $273,800 $138,000 $135,800
2017 $10,689 $273,800 $138,000 $135,800
2016 $10,569 $273,800 $138,000 $135,800
2015 $10,473 $269,200 $138,000 $131,200
2014 $9,858 $269,200 $138,000 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20050903

New Jersey MLS

APN: 02-01262-0000-00004