$475,000
SOLD JAN 26, 2021

40 Leo Terrace Bloomfield, NJ 07003

3 Beds
2 Baths
-- Sq Ft
50 Sq Ft Lot

Recently Sold

19% Above List Price

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Oak View Elementary School Rated A-
  • Sun or Florida Room
  • 1 Car Direct Access Garage

About This Home

As of January 2021

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

Last Agent to Sell the Property

Elizabeth Scura

PROMINENT PROPERTIES SIR Listed on: 12/09/2020

Last Buyer's Agent

JOSHUA RAMOS

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,899

Year Built

  • Built in 1953

Lot Details

  • 50 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System
  • Property is zoned R-1A

Parking

  • 1 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Tile

Interior Spaces

  • Window Treatments
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Schools

  • Oak View Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1602-01262-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,899

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: White Shelf in 2nd fl bedroom, shelf/hooks in porch. Drapery panels
  • Street Number Display: 40
  • Directions: Traveling East on W Passaic. Turn right on Leo. Home on left.
  • I D: 5032437
  • Modified: 2022-01-27
  • Number Images: 21
  • Section Subdiv Development: Oakview
  • First Name: ELIZABETH
  • First Name3: JOSHUA
  • First Name4: SANJEEV
  • Last Name: SCURA
  • Last Name3: RAMOS
  • Last Name4: PRABHAKAR
  • Office Phone: 973-744-6033
  • Office Phone3: 973-539-6300
  • Office Phone4: 289799
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Window Treatments
  • Number Rooms: 9
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Family Room, Laundry Room
  • Dining Room Level: First
  • Family Room Level: Basement
  • Kitchen Area: Breakfast Bar, Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 2: Storage Room
  • Other Room2 Level: Second
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Florida/3Season, GarEnter, Kitchen, Living Room, Walkout
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Storage Room
  • Phone: 973-744-6033

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Enclosed Porch(es), Patio, Privacy Fence, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK VIEW
  • Middle School: BLOOMFIELD
  • High School: BLOOMFIELD
  • High School: BLOOMFIELD
  • Middle Jr High School: BLOOMFIELD

Lot Info

  • Lot Size: 50 X 156
  • Assessed Improvement Value: 194500
  • Assessed Land Value: 170700
  • Assessment: 365200
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18
  • Zoning: R-1A

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10899
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-01262-0000-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.981
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: OAK VIEW

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 SIR
Buyer's Agent
JOSHUA RAMOS
COLDWELL BANKER REALTY
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
8.47%
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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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $475,000 Evident Title Agency Inc
Deed $340,000 --
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $259,200 New Conventional
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 -- -- --
12/16/2020 12/16/20 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: 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 $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: Garden State MLS

MLS Number: 3682436

Garden State MLS

APN: 02-01262-0000-00004