NOT LISTED FOR SALE

705 Loretta Terrace Unit 7 Plainfield, NJ 07062

Estimated Value: $463,061 - $563,000

4 Beds
3 Baths
875 Sq Ft
$573/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $270,000 $309 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,347/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Detached Garage
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of March 2016

COMPLETELY RENNOVATED!! DORMER ADDED CREATING 2ND FLOOR MASTER SUITE WITH FULL BATH AND WALK-IN CLOSET, NEW WOOD FLOORS INSTALLED ON FIRST AND SECOND FLOOR OF HOME; ELECTRICAL AND PLUMBING TOTALLY REDONE IN INTERIOR OF PREMISE, HVAC, NEW FRENCH DRAINS AND SUMP PUMP, NEW KITCHEN FEATURING GRANITE COUNTER TOPS AND STAINLESS STEEL APPLIANCES, SHOWER STAHL SINK AND TOILET IN BASEMENT BATHROOM, EGRESS INSTALLED IN BASEMENT FOR 4TH BEDROOM, NEW WINDOWS THROUGH OUT WITH ADDED FRENCH DOOR LEADING TO NEW REAR DECK, NEW VINYL SIDING AND ROOF, NEW GARAGE DOOR, DRIVEWAY BLACK TOP TOTALLY REFACED, NEW SIDEWALKS AND MUCH MUCH MORE... NOT IN A FLOOD ZONE

Last Agent to Sell the Property

Sandra Chambers

RE/MAX SELECT Listed on: 01/21/2016

RE/MAX SELECT

Last Buyer's Agent

Sandra Chambers

RE/MAX SELECT Listed on: 01/21/2016

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,394

Year Renovated

  • 2016

Lot Details

  • 55 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Private Driveway

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Family or Dining Combination
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Fredcook Elementary School
  • Maxson Middle School
  • Plainfield 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 2912-00921-0000-00039-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,394

Year Renovated

2016

Lot Details

0

Parking

1

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Renovated, Unknown
  • County Name: Union
  • Directions: TERRILL RD. TO MAXSON TO LORETTA TERRACE
  • I D: 4593958
  • First Name: SANDRA
  • First Name3: SANDRA
  • Last Name: CHAMBERS
  • Last Name3: CHAMBERS
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher, Microwave Oven, Sump Pump
  • Interior Amenities: Fire Extinguisher, Smoke Detector, Carbon Monoxide Detector, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: 1 Bedroom, Utility Room, Bath(s) Other, Laundry Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Kitchen
  • Level 2 Rooms: 1 Bedroom, Bath(s) Other
  • Phone: 908-769-0011

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 6
  • 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

  • High School: Plainfield
  • Middle Jr High School: Maxson

Lot Info

  • Lot Size: 55.65X123.02IRR
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 7394
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2912-00921-0000-00039-0000-
  • Tax Rate Amount: 7.592
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: FredCook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Mar 11, 2016
Sold by
Council Homes
Bought by
Spates Elijah
Seller's Agent
Sandra Chambers
RE/MAX SELECT
Buyer's Agent
Sandra Chambers
RE/MAX SELECT
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$501,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,015
Avg. Annual Appreciation
6.55%
Original Mortgage
$265,109
Outstanding Balance
$210,042
Interest Rate
3.68%
Estimated Equity
$290,973

Purchase Details

Closed on
Oct 7, 2015
Sold by
Chambers Sandra
Bought by
Council Homes Llc

Purchase Details

Closed on
Apr 6, 2015
Sold by
Fannie Mae
Bought by
Chambers Sandra

Purchase Details

Closed on
Dec 23, 2014
Sold by
Fant Robin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 18, 2004
Sold by
Castillo Victor
Bought by
Ramos Tatiana

Purchase Details

Closed on
Feb 6, 2002
Sold by
Castillo Victor
Bought by
Ramos Tatiana

Purchase Details

Closed on
Aug 7, 1998
Sold by
Yarborough Carrie B
Bought by
Castillo Victor and Ramos Tatiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,965
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Spates Elijah -- --
Council Homes Llc $80,000 --
Chambers Sandra $68,900 Agent For Stewart Title Guar
Federal National Mortgage Association $10,000 None Available
Ramos Tatiana -- --
Ramos Tatiana -- --
Castillo Victor $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spates Elijah $265,109
Closed Spates Elijah --
Previous Owner Castillo Victor $102,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2016 03/07/16 Sold $270,000 0.0% $309 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $270,000 -- $309 / 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 $8,505 $97,400 $45,000 $52,400
2024 $8,421 $97,400 $45,000 $52,400
2023 $8,421 $97,400 $45,000 $52,400
2022 $8,239 $97,400 $45,000 $52,400
2021 $8,167 $97,400 $45,000 $52,400
2020 $8,144 $97,400 $45,000 $52,400
2019 $8,144 $97,400 $45,000 $52,400
2018 $7,973 $97,400 $45,000 $52,400
2017 $7,778 $97,400 $45,000 $52,400
2016 $7,620 $97,400 $45,000 $52,400
2015 $7,395 $97,400 $45,000 $52,400
2014 -- $97,400 $45,000 $52,400
Source: Public Records

Agents Affiliated with this Home

  • Sandra Chambers

    Seller's Agent in 2016

    Sandra Chambers

    RE/MAX

    (732) 558-8801

    108 in this area

    225 Total Sales

    Sandra Chambers
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Map

Source: Garden State MLS

MLS Number: 3277059

Garden State MLS

APN: 12-00921-0000-00039

New Jersey Union County Plainfield 07062

705 Loretta Terrace Unit 7, Plainfield, NJ

Not Listed for Sale

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