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128 Franklin Terrace

128 Franklin Terrace, Irvington, NJ 07111
House in Essex
Sold Mar 04, 2020
$213,000
$181,050 by Recovco Mortgage Management Ll
Mortgage Due Mar 01, 2050
Sold May 14, 2019
$122,000
Local assessors in Irvington, NJ have categorized 128 Franklin Terrace as a residential type of property. The home was built in 1927 and is 97 years old. The property's lot size has been calculated to be 3,463 square feet. The linear feet between the front and back of the lot was measured at 770 ft and the front of the lot was measured at 450 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 128 Franklin Terrace has a total of 1,198 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 128 Franklin Terrace was last sold in Feb 4, 2020 for $213,000. According to our calculations, that's $177.80 per sqft. Prior to that sales transaction, the property was sold for $122,000 in Apr 26, 2019. Current property owners are expected to pay $11,731 in taxes per year. The property on 128 Franklin Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $196,800. To break that down further, the land itself was valued at $30,800. While improvements to the property were assessed at a total of $166,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,463
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,198
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FERGUSON ANGELA V
  • Previous Owner : 128 FRANKLIN TERR LLC
  • Owner Before Previous Owner: WELLS FARGO BANK NA TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irvington Township School District
  • Census Tract: 012200

Geography

  • Assessors Map Reference: TAX MAP 2
  • Account Number: 01011600
  • District: 09
  • Parcel: 09 00006-0000-00025
  • Block: 6
  • Lot: 25
  • Municipality: IRVINGTON TWP
  • Latitude: 40.729
  • Longitude: -74.245

    Address

  • Full Address: 128 Franklin Ter
  • Address - House Number: 128
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Irvington
  • Carrier Code: C028
  • 4-Digit Zip Code: 1305
  • Zip Code: 07111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,731

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 63
  • Final Value: 380,858
  • High Value: 479,050
  • Low Value: 282,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,050
  • First Open Lien Mortgage Lender: RECOVCO MORTGAGE MANAGEMENT LL
  • First Open Lien Mortgage Recording Date: Mar 04, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $181,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $196,800
  • Market Land Value: $30,800
  • Market Improvement Value: $166,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $196,800
  • Assessed Land Value: $30,800
  • Assessed Improvements Value: $166,000

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Mar 04, 2020
  • Current Sale Transaction ID: 11761246968
  • Current Sale Price: $213,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020024861
  • Previous Sale Recording Date: May 14, 2019
  • Previous Sale Contract Date: Apr 26, 2019
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RECOVCO MORTGAGE MANAGEMENT LL
  • First Mortgage Transaction Date: Mar 04, 2020
  • First Mortgage Loan Amount: $181,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Essex



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Frequently Asked Questions

What neighborhood is 128 Franklin Terrace located in?
The 128 Franklin Terrace is a house located in the neighborhood of Essex in Essex, Irvington.
What is the average sales price for listings in 128 Franklin Terrace?
The average sales price for units in 128 Franklin Terrace is $0 currently.

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