NOT LISTED FOR SALE

60 Lorraine Terrace Boonton, NJ 07005

Estimated Value: $662,000 - $776,000

-- Bed
-- Bath
2,560 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $350,000 $137 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,001/month

31 Days on Market

About This Home

As of February 2020

This home is located at 60 Lorraine Terrace, Boonton, NJ 07005 since 09 November 2019 and is currently estimated at $721,870, approximately $281 per square foot. This property was built in 1966. 60 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

Dave Wainwright Jr

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 11/09/2019

RE/MAX SELECT

Last Buyer's Agent

CLAUDIA MOLINA

PRO REALTY LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,803

Year Built

  • Built in 1966

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,803

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • County Name: Morris
  • Street Number Display: 60
  • I D: 4945729
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 54X90
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
U S Bank Trust Na
Bought by
Shushval Serhiy and Shushval Catalina
Current Estimated Value
$721,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,884
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2019
Sold by
Fauteux Rgaret Ann
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trusts

Purchase Details

Closed on
Aug 31, 1999
Sold by
Fauteux Remi J
Bought by
Fauteux Margaret Ann
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Shushval Serhiy $350,000 Coastal Title Agency Inc
Us Bank Trust Na -- Terra Abstract Inc
Fauteux Margaret Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shushval Serhiy $501,500
Previous Owner Shushval Serhiy $503,884
Previous Owner Fauteux Margaret Ann $295,000
Previous Owner Fauteux Margaret Ann $227,000
Previous Owner Fauteux Margaret Ann $200,000
Previous Owner Fauteux Margaret Ann $168,000
Previous Owner Fauteux Margaret Ann $15,449
Previous Owner Fauteaux Margaret $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $350,000 0.0% $137 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $349,900 -- $137 / 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
2025 $12,803 $378,800 $138,000 $240,800
2024 $12,466 $378,800 $138,000 $240,800
2023 $12,466 $378,800 $138,000 $240,800
2022 $8,300 $378,800 $138,000 $240,800
2021 $8,300 $355,800 $138,000 $217,800
2020 $10,423 $348,600 $138,000 $210,600
2019 $10,559 $348,600 $138,000 $210,600
2018 $10,280 $348,600 $138,000 $210,600
2017 $9,851 $348,600 $138,000 $210,600
2016 $9,593 $348,600 $138,000 $210,600
2015 $9,437 $348,600 $138,000 $210,600
2014 $9,227 $348,600 $138,000 $210,600
Source: Public Records

Agents Affiliated with this Home

  • Dave Wainwright Jr

    Seller's Agent in 2020

    Dave Wainwright Jr

    RE/MAX SELECT

    (973) 580-5211

    5 in this area

    72 Total Sales

    Dave Wainwright Jr
    Section Image

  • C

    Buyer's Agent in 2020

    CLAUDIA MOLINA

    PRO REALTY LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3601519

Garden State MLS

APN: 01-00033-0000-00006

New Jersey Morris County Boonton 07005

60 Lorraine Terrace, Boonton, NJ

This home is located at 60 Lorraine Terrace, Boonton, NJ 07005 since 09 November 2019 and is currently estimated at $721,870, approximately $281 per square foot. This property was built in 1966. 60 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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