74 Drake Place Colonia, NJ 07067
Estimated Value: $495,471 - $785,000
--
Bed
--
Bath
2,012
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 74 Drake Place, Colonia, NJ 07067 and is currently estimated at $631,368, approximately $313 per square foot. 74 Drake Place is a home located in Middlesex County with nearby schools including Oak Ridge Heights Elementary School, Colonia Middle School, and Colonia High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2002
Sold by
Green John
Bought by
Covert Michael and Covert Lorraine
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
$165,000
Interest Rate
7.13%
Purchase Details
Closed on
Apr 14, 2000
Sold by
Mccabe James
Bought by
Green John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.23%
Purchase Details
Closed on
Jul 24, 1998
Sold by
Smith Christopher
Bought by
Mccabe James and Mccabe Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,100
Interest Rate
6.99%
Mortgage Type
VA
Purchase Details
Closed on
Aug 15, 1994
Sold by
Iuliano Thomas
Bought by
Smith Christopher and Smith Johnna
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Covert Michael | $240,000 | -- | |
| Green John | $173,000 | -- | |
| Mccabe James | $159,500 | -- | |
| Smith Christopher | $159,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Covert Michael E | $118,000 | |
| Closed | Covert Michael E | $200,000 | |
| Closed | Covert Michael E | $95,000 | |
| Closed | Covert Michael | $165,000 | |
| Previous Owner | Green John | $153,000 | |
| Previous Owner | Mccabe James | $160,100 |
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 |
|---|---|---|---|---|
| 2024 | $12,690 | $107,200 | $22,500 | $84,700 |
| 2023 | $12,690 | $107,200 | $22,500 | $84,700 |
| 2022 | $12,375 | $107,200 | $22,500 | $84,700 |
| 2021 | $11,907 | $104,000 | $22,500 | $81,500 |
| 2020 | $11,548 | $104,000 | $22,500 | $81,500 |
| 2019 | $11,275 | $104,000 | $22,500 | $81,500 |
| 2018 | $11,060 | $104,000 | $22,500 | $81,500 |
| 2017 | $10,552 | $101,000 | $22,500 | $78,500 |
| 2016 | $10,471 | $101,000 | $22,500 | $78,500 |
| 2015 | $10,287 | $101,000 | $22,500 | $78,500 |
| 2014 | $10,067 | $101,000 | $22,500 | $78,500 |
Source: Public Records
Map
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