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3 Tutbury Court

3 Tutbury Court, Budd Lake, NJ 07828
Property in Morris
Sold Sep 23, 2020
$400,000
$296,250 by American Neighborhood Mtg Acce
Mortgage Due Sep 01, 2050
Sold Feb 07, 2012
$353,407
3 Tutbury Court has been categorized by the local assessors in Budd Lake, NJ as a residential type of property. The building on the property was first built in 2012 and is 12 years old. In addition, 3 Tutbury Court has 2,004 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 3,130 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. The property was last sold in Aug 25, 2020 for $400,000. That's $199.60 per sqft. Prior to that sales transaction, the property was also sold in Jan 27, 2012 for $353,407. 3 Tutbury Court was last assessed in 2023. The total value of the property was assessed at $355,400. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $235,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $11,682. 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. 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: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,130
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SAMPATH MADAN
  • Current Owner 2: SUNDARARAJAN ADHITHI
  • Previous Owner : SCOTTO DONALD J
  • Previous Owner 2: SCOTTO MARGARET Z
  • Owner Before Previous Owner: TOLD NJ II LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046109

Zoning

  • Zoning: R1

Geography

  • District: 27
  • Parcel: 27 04411-0000-00052
  • Block: 4411
  • Lot: 52
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8715
  • Longitude: -74.72

    Address

  • Full Address: 3 Tutbury Ct
  • Address - House Number: 3
  • Address - Street Name: Tutbury
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Budd Lake
  • Carrier Code: C010
  • 4-Digit Zip Code: 2324
  • Zip Code: 07828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,682

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 570,298
  • High Value: 671,675
  • Low Value: 468,921

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,250
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Sep 23, 2020
  • First Open Lien Mortgage Loan Amount: $296,250
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $431,572
  • Market Land Value: $145,719
  • Market Improvement Value: $285,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,400
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $235,400

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Transaction ID: 11793041405
  • Current Sale Price: $400,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020065994
  • Previous Sale Recording Date: Feb 07, 2012
  • Previous Sale Contract Date: Jan 27, 2012
  • Previous Sale Amount: $353,407
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Sep 23, 2020
  • First Mortgage Loan Amount: $296,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Budd Lake



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Frequently Asked Questions

What neighborhood is 3 Tutbury Court located in?
The 3 Tutbury Court is a located in the neighborhood of Morris in Budd Lake, Budd Lake.
What is the average sales price for listings in 3 Tutbury Court?
The average sales price for units in 3 Tutbury Court is $0 currently.

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