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16 Loriann Road

16 Loriann Road, Warren, NJ 07059
Property in Somerset
Sold Nov 04, 2015
$651,000
$125,000 by Advanced Financial Fcu
Mortgage Due Nov 01, 2045
Sold Jan 28, 2011
$479,100
16 Loriann Road has been categorized by the local assessors in Warren, NJ as a residential type of property. The building on the property was first built in 1976 and is 48 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16 Loriann Road has 2,218 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 65,340 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Oct 12, 2015 for $651,000. That's $293.51 per sqft. Prior to that sales transaction, the property was also sold in Dec 13, 2010 for $479,100. 16 Loriann Road was last assessed in 2023. The total value of the property was assessed at $638,900. Specifically, the land the property is located on was valued at $269,700. While improvements on the property were assessed at a total of $369,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,382. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,218
  • Building Area: 2,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HUANG GINA M
  • Previous Owner : BFW WARREN LLC
  • Owner Before Previous Owner: WILLIAMS BARBARA F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Hills Regional School District
  • Census Tract: 052201

Zoning

  • Zoning: R65

Geography

  • Assessors Map Reference: TAX MAP 123
  • Account Number: 00044020
  • District: 20
  • Parcel: 20 00213-0000-00022
  • Block: 213
  • Lot: 22
  • Municipality: WARREN TWP
  • Latitude: 40.6429
  • Longitude: -74.466

    Address

  • Full Address: 16 Loriann Rd
  • Address - House Number: 16
  • Address - Street Name: Loriann
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Warren
  • Carrier Code: C098
  • 4-Digit Zip Code: 5411
  • Zip Code: 07059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,382

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 814,549
  • High Value: 938,044
  • Low Value: 691,055

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: ADVANCED FINANCIAL FCU
  • First Open Lien Mortgage Recording Date: Nov 04, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2045
  • Second Open Lien Mortgage Lender: ADVANCED FINANCIAL FCU
  • Second Open Lien Mortgage Recording Date: Jun 30, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 30, 2047

    Market Valuation

  • Market Total Value: $630,203
  • Market Land Value: $266,029
  • Market Improvement Value: $364,174

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638,900
  • Assessed Land Value: $269,700
  • Assessed Improvements Value: $369,200

    Sales

  • Current Sale Contract Date: Oct 12, 2015
  • Current Sale Recording Date: Nov 04, 2015
  • Current Sale Transaction ID: 1510965914
  • Current Sale Price: $651,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015046282
  • Previous Sale Recording Date: Jan 28, 2011
  • Previous Sale Contract Date: Dec 13, 2010
  • Previous Sale Amount: $479,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ADVANCED FINANCIAL FCU
  • First Mortgage Transaction Date: Nov 04, 2015
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Somerset



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Frequently Asked Questions

What neighborhood is 16 Loriann Road located in?
The 16 Loriann Road is a located in the neighborhood of Somerset in Somerset, Warren.
What is the average sales price for listings in 16 Loriann Road?
The average sales price for units in 16 Loriann Road is $0 currently.

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