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25 Elm Court

25 Elm Court, South Orange, NJ 07079
Property in Essex
Sold Dec 08, 2020
$553,000
$442,400 by Home Point Financial Corporati
Mortgage Due Dec 01, 2050
Sold Oct 27, 2003
$389,900
Seller
$311,920 by Argent Mtg Co
Mortgage
25 Elm Court in South Orange, NJ was first built in 1925 and is 99 years old. This has been categorized as a residential property type. There are a total of 2 floors. 25 Elm Court has 2,386 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 6,665 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 25 Elm Court sold most recently in Nov 30, 2020 for a total of $553,000. If you work out the math, that's approximately a cost of $231.77 per sqft. Before that, the property was also sold for $389,900 in Aug 8, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,718 in taxes each year. 25 Elm Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $448,200. If we break it down further, the land itself was valued at $261,300. Improvements to the property, however, were assessed at a total of $186,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,665
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,386
  • Building Area: 2,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCDONALD LAUREN E
  • Current Owner 2: HESSEMER MICHAEL P
  • Previous Owner : RASOOL TIMOTHY A
  • Owner Before Previous Owner: WOOD BARRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019100

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 19
  • Parcel: 19 00902-0000-00010
  • Block: 902
  • Lot: 10
  • Municipality: SOUTH ORANGE VILLAGE TW
  • Latitude: 40.7454
  • Longitude: -74.2467

    Address

  • Full Address: 25 Elm Ct
  • Address - House Number: 25
  • Address - Street Name: Elm
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: South Orange
  • Carrier Code: C004
  • 4-Digit Zip Code: 2318
  • Zip Code: 07079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,718

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 646,076
  • High Value: 786,912
  • Low Value: 505,240

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $542,400
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Loan Amount: $442,400
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 07, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 20, 2047

    Market Valuation

  • Market Total Value: $448,200
  • Market Land Value: $261,300
  • Market Improvement Value: $186,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $448,200
  • Assessed Land Value: $261,300
  • Assessed Improvements Value: $186,900

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11814132836
  • Current Sale Price: $553,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020122448
  • Previous Sale Recording Date: Oct 27, 2003
  • Previous Sale Contract Date: Aug 08, 2003
  • Previous Sale Amount: $389,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $442,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MTG CO
  • Previous Mortgage Transaction Date: Oct 27, 2003
  • Previous Mortgage Loan Amount: $311,920
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 25 Elm Court located in?
The 25 Elm Court is a located in the neighborhood of Essex in Essex, South Orange.
What is the average sales price for listings in 25 Elm Court?
The average sales price for units in 25 Elm Court is $0 currently.

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