71 Pine Terrace Demarest, NJ 07627
Estimated Value: $1,772,000 - $2,330,000
Studio
--
Bath
3,808
Sq Ft
$551/Sq Ft
Est. Value
About This Home
This home is located at 71 Pine Terrace, Demarest, NJ 07627 and is currently estimated at $2,096,965, approximately $550 per square foot. 71 Pine Terrace is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2016
Sold by
Choi Lydia Michung
Bought by
Chong Raymond E and Choi Jiyoon C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Outstanding Balance
$636,122
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,460,843
Purchase Details
Closed on
Mar 19, 2012
Sold by
Choi Chang Soo and Choi Lydia Michung
Bought by
Choi Lydia Michung
Purchase Details
Closed on
Sep 18, 2009
Sold by
Choi Byung Kwon and Choi Yun Mi
Bought by
Choi Chang Soo and Choi Lydia Michung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2004
Sold by
Keady Michael
Bought by
Choi Byung Kwon and Choi Yun Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%
Purchase Details
Closed on
Aug 21, 2000
Sold by
Cho Sang Haeng and Cho Kee Oak
Bought by
Keady Michael P and Wong Regina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
8.13%
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 |
|---|---|---|---|
| Chong Raymond E | $999,000 | None Available | |
| Choi Lydia Michung | -- | -- | |
| Choi Chang Soo | $950,000 | -- | |
| Choi Byung Kwon | $925,000 | -- | |
| Keady Michael P | $610,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chong Raymond E | $799,000 | |
| Previous Owner | Choi Chang Soo | $620,000 | |
| Previous Owner | Choi Byung Kwon | $500,000 | |
| Previous Owner | Keady Michael P | $488,000 |
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 | $26,804 | $1,475,900 | $1,008,700 | $467,200 |
| 2024 | $25,585 | $876,800 | $577,600 | $299,200 |
Source: Public Records
Map
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