$386,000
SOLD SEP 18, 2015

8 Rainbow Terrace West Orange, NJ 07052

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

About This Home

As of September 2015

This home is located at 8 Rainbow Terrace, West Orange, NJ 07052 and is currently priced at $386,000. This property was built in 1925. 8 Rainbow Terrace is a home located in Essex County with nearby schools including West Orange High School and Mount Carmel Guild Academy.

Last Agent to Sell the Property

ALLISON ZIEFERT

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-762-5400 Listed on: 09/18/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,403

Year Built

  • Built in 1925

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,403

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • County Name: Essex
  • Street Number Display: 8
  • I D: 4552949
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.20

Lot Info

  • Lot Size: 50X144 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Sep 16, 2015
Sold by
Sutton Christopher D and Healy Lauralee
Bought by
Sutton Joseph D and Pratt Anne Travers
Seller's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Sold Price
$386,000
Current Estimated Value
$747,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,569
Avg. Annual Appreciation
6.93%
Original Mortgage
$240,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2012
Closed on
Nov 20, 2012
Sold by
Worthing Steven J
Bought by
Healy Christopher Brian and Healy Lauralee
Buyer's Agent
ALLISON ZIEFERT
COMPASS NEW JERSEY, LLC
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$268,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2000
Sold by
Estate Of Rocco E Lorusso
Bought by
Worthing Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $386,000 None Available
Bargain Sale Deed $335,000 None Available
Deed $149,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,000 New Conventional
Closed $240,000 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $217,000 Stand Alone First
Previous Owner $220,000 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $386,000 +15.2% --
11/20/2012 11/20/12 Sold $335,000 -- --
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 $15,403 $731,600 $285,800 $445,800
2024 $15,403 $335,000 $132,300 $202,700
2022 $14,864 $335,000 $132,300 $202,700
2021 $14,586 $335,000 $132,300 $202,700
2020 $14,351 $335,000 $132,300 $202,700
2019 $13,939 $335,000 $132,300 $202,700
2018 $13,527 $335,000 $132,300 $202,700
2017 $13,353 $335,000 $132,300 $202,700
2016 $13,032 $335,000 $132,300 $202,700
2015 $12,787 $335,000 $132,300 $202,700
2014 $12,536 $335,000 $132,300 $202,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3240628

Garden State MLS

APN: 22-00148-0000-00022