NOT LISTED FOR SALE

57 Lorraine Terrace Boonton, NJ 07005

Estimated Value: $542,000 - $775,000

-- Bed
-- Bath
2,304 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $350,300 $152 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,424/month

68 Days on Market

About This Home

As of March 2018

This home is located at 57 Lorraine Terrace, Boonton, NJ 07005 since 20 December 2017 and is currently estimated at $650,867, approximately $282 per square foot. 57 Lorraine Terrace is a home located in Morris County with nearby schools including School Street Elementary School, John Hill Elementary School, and Boonton High School.

Last Agent to Sell the Property

LAURA LUTZ

FAST TRACK REAL ESTATE CO LLC Listed on: 12/20/2017

Last Buyer's Agent

Randi Bennett

KELLER WILLIAMS PROSPERITY REALTY

KELLER WILLIAMS PROSPERITY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,528

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,528

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 57
  • I D: 4766602
  • Modified: 2021-09-23
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 51X95
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 26, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Korchman Emmanuel
Seller's Agent
LAURA LUTZ
FAST TRACK REAL ESTATE CO LLC
Buyer's Agent
Randi Bennett
KELLER WILLIAMS PROSPERITY REALTY
List Price
$399,900
Sold Price
$350,300
Premium/Discount to List
-$49,600
-12.4%
Current Estimated Value
$650,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,567
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Distasio Daniel A and Distasio Gina M
Bought by
Wilmington Savings Fund Society

Purchase Details

Closed on
May 28, 2003
Sold by
Surach Nina
Bought by
Distasio Daniel and Distasio Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.77%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Korchman Emmanuel $350,300 All Ahead Title Agency Llc
Wilmington Savings Fund Society -- None Available
Distasio Daniel $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Distasio Daniel A $70,000
Previous Owner Distasio Daniel $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $350,300 -12.4% $152 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $399,900 -- $174 / Sq Ft
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 $10,528 $319,900 $137,800 $182,100
2023 $10,528 $319,900 $137,800 $182,100
2022 $9,978 $319,900 $137,800 $182,100
2021 $9,978 $319,900 $137,800 $182,100
2020 $9,565 $319,900 $137,800 $182,100
2019 $9,690 $319,900 $137,800 $182,100
2018 $9,434 $319,900 $137,800 $182,100
2017 $9,040 $319,900 $137,800 $182,100
2016 $8,804 $319,900 $137,800 $182,100
2015 $8,660 $319,900 $137,800 $182,100
2014 $8,468 $319,900 $137,800 $182,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    LAURA LUTZ

    FAST TRACK REAL ESTATE CO LLC

  • Randi Bennett

    Buyer's Agent in 2018

    Randi Bennett

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 404-0563

    13 in this area

    266 Total Sales

    Randi Bennett
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3436626

Garden State MLS

APN: 01-00033-01-00006

New Jersey Morris County Boonton 07005

57 Lorraine Terrace, Boonton, NJ

This home is located at 57 Lorraine Terrace, Boonton, NJ 07005 since 20 December 2017 and is currently estimated at $650,867, approximately $282 per square foot. 57 Lorraine Terrace is a home located in Morris County with nearby schools including School Street Elementary School, John Hill Elementary School, and Boonton High School.

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