461 Melrose Place South Orange, NJ 07079
Estimated Value: $1,120,882 - $1,325,000
--
Bed
--
Bath
2,261
Sq Ft
$543/Sq Ft
Est. Value
About This Home
This home is located at 461 Melrose Place, South Orange, NJ 07079 and is currently estimated at $1,227,221, approximately $542 per square foot. 461 Melrose Place is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2016
Sold by
Summers Melanie and Sammis Lauren
Bought by
Summers Melanie
Current Estimated Value
Purchase Details
Closed on
Sep 6, 2005
Sold by
Grady Brian
Bought by
Summers Melanie and Sammis Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$268,624
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$958,597
Purchase Details
Closed on
Mar 28, 2001
Sold by
Garwin Harold B
Bought by
Grady Brian and Grady Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.96%
Purchase Details
Closed on
Mar 25, 1992
Sold by
Garwin Harold B and Garwin Jaclynn R
Bought by
Garwin Harold B
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 |
|---|---|---|---|
| Summers Melanie | -- | Elite Title Group Llc | |
| Summers Melanie | $630,000 | -- | |
| Grady Brian | $335,000 | -- | |
| Garwin Harold B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Summers Melanie | $504,000 | |
| Previous Owner | Grady Brian | $266,400 |
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 | $22,477 | $945,200 | $482,700 | $462,500 |
| 2024 | $22,477 | $945,200 | $482,700 | $462,500 |
| 2022 | $21,673 | $618,000 | $328,300 | $289,700 |
| 2021 | $20,919 | $618,000 | $328,300 | $289,700 |
| 2020 | $20,270 | $618,000 | $328,300 | $289,700 |
| 2019 | $19,764 | $618,000 | $328,300 | $289,700 |
| 2018 | $19,467 | $618,000 | $328,300 | $289,700 |
| 2017 | $18,985 | $618,000 | $328,300 | $289,700 |
| 2016 | $16,996 | $444,000 | $164,200 | $279,800 |
| 2015 | $16,601 | $444,000 | $164,200 | $279,800 |
| 2014 | $16,255 | $444,000 | $164,200 | $279,800 |
Source: Public Records
Map
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