NOT LISTED FOR SALE

74 Lakewood Terrace Bloomfield, NJ 07003

Estimated Value: $481,111 - $523,000

3 Beds
1 Bath
1,138 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $440,000 $387 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,503/month

152 Days on Market

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • Living Room
  • Wood Flooring
  • Cedar Closet
  • Central Air

About This Home

As of February 2023

Centrally located and recently updated with a new kitchen, ceramic tiled bath, polished wood floors, windows and full-high unfinished basement. Private driveway and parking. Great location with an easy walk to bus transportation and local shopping.

Last Agent to Sell the Property

Manuel Couto

NENO-ROSA AGENCY Brokerage Phone: 973-417-8060 Listed on: 08/25/2022

Co-Listed By

MORGAN COUTO

NENO-ROSA AGENCY Brokerage Phone: 973-417-8060

Last Buyer's Agent

JUAN FALCON

WEICHERT RLTRS FLE

WEICHERT RLTRS FLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,202

Year Built

  • Built in 1941

Lot Details

  • 40 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,138 Sq Ft Home
  • Blinds
  • Living Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Cedar Closet
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1602-00795-0000-00021-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,202

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1941
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: no offers first 7 days of the listing
  • Renovated Year: 2020
  • Street Number Display: 74
  • Directions: off Bay
  • I D: 5175134
  • Modified: 2024-02-28
  • Number Images: 13
  • First Name: MANUEL
  • First Name2: MORGAN
  • First Name3: JUAN
  • Last Name: COUTO
  • Last Name2: COUTO
  • Last Name3: FALCON
  • Office Phone: 201.997.7860x116
  • Office Phone3: 201-592-1400
  • Attribution Contact: 973-417-8060
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, Cedar Closets
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Outside Entrance
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Entrance Vestibule, Kitchen, Living Room
  • Level 2 Rooms: 1 Bedroom
  • Estimated Sq Ft: 1138
  • Phone: 201-997-7860

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence, Sidewalk, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Hard Surface

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 40 X 100
  • Assessed Improvement Value: 162400
  • Assessed Land Value: 130400
  • Assessment: 292800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 21
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09
  • Zoning: res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9202
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1602-00795-0000-00021-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.143
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Jan 30, 2023
Sold by
Lsf8 Master Participation Trust
Bought by
Zamora Munoz Maikel and Yumiet Zamora Yumiet
Seller's Agent
Manuel Couto
NENO-ROSA AGENCY
Buyer's Agent
JUAN FALCON
WEICHERT RLTRS FLE
List Price
$519,900
Sold Price
$440,000
Premium/Discount to List
-$79,900
-15.37%
Views
58
Current Estimated Value
$500,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,528
Avg. Annual Appreciation
5.75%
Original Mortgage
$432,030
Outstanding Balance
$419,000
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$87,828

Purchase Details

Closed on
Feb 13, 2016
Sold by
Aiello Jeanne M and Aiello Michael G
Bought by
Aiello Michael G

Purchase Details

Closed on
Oct 15, 1991
Sold by
Petite Carol
Bought by
Aiello Michael and Aiello Jeanne
Source: Public Records

Range of Values:

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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
Zamora Munoz Maikel $440,000 Elite Title
Aiello Michael G -- None Available
Aiello Michael $135,000 --
Aiello Michael $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Munoz Maikel $432,030
Previous Owner Ello Michel A $80,900
Previous Owner Aiello Michael $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $440,000 +2.3% $387 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/11/2023 01/11/23 Price Changed $429,900 -3.4% $378 / Sq Ft
12/15/2022 12/15/22 Price Changed $444,900 -4.3% $391 / Sq Ft
11/17/2022 11/17/22 Price Changed $464,900 -3.1% $409 / Sq Ft
10/19/2022 10/19/22 Price Changed $479,990 -4.0% $422 / Sq Ft
09/21/2022 09/21/22 Price Changed $499,900 -3.8% $439 / Sq Ft
08/25/2022 08/25/22 For Sale $519,900 -- $457 / 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 $9,569 $292,800 $130,400 $162,400
2024 $9,569 $292,800 $130,400 $162,400
2022 $9,375 $292,800 $130,400 $162,400
2021 $9,203 $292,800 $130,400 $162,400
2020 $9,062 $292,800 $130,400 $162,400
2019 $8,364 $210,100 $114,000 $96,100
2018 $8,229 $207,600 $114,000 $93,600
2017 $8,105 $207,600 $114,000 $93,600
2016 $8,013 $207,600 $114,000 $93,600
2015 $7,941 $207,600 $114,000 $93,600
2014 $7,795 $207,600 $114,000 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3804141

Garden State MLS

APN: 02-00795-0000-00021