Sold Oct 31, 2018
$600,000
Buyer
Seller
$450,000
by American Federal Mortgage Corp
Mortgage Due Oct 31, 2048
204 Deerfield Lane in Franklin Lakes, NJ was first built in 1961 and is 63 years old.
This has been categorized as a residential property type.
There are a total of 2 floors.
204 Deerfield Lane has 2,375 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
In total, the area measurement of the land is 23,958 square feet.
Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Jul 12, 2018 for $600,000. That's $252.63 per sqft. 204 Deerfield Lane was last assessed in 2023. The total value of the property was assessed at $543,900. Specifically, the land the property is located on was valued at $332,500. While improvements on the property were assessed at a total of $211,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,170. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.
Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Jul 12, 2018 for $600,000. That's $252.63 per sqft. 204 Deerfield Lane was last assessed in 2023. The total value of the property was assessed at $543,900. Specifically, the land the property is located on was valued at $332,500. While improvements on the property were assessed at a total of $211,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,170. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.