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31 Elizabeth Terrace

31 Elizabeth Terrace, Leonia, NJ 07605
Property in Bergen
Sold Jul 16, 2020
$517,000
$387,750 by Citizens Bank Na
Mortgage Due May 01, 2050
Sold Sep 26, 2012
$402,000
$282,000 by Bank Of America Na
Mortgage Due Oct 01, 2042
31 Elizabeth Terrace has been categorized by the local assessors in Leonia, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 2 rooms. 2 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. In addition, 31 Elizabeth Terrace has 1,394 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 4,443 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. 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 brick control joints. The exterior walls of the building are made of brick. The property was last sold in Apr 10, 2020 for $517,000. That's $370.88 per sqft. Prior to that sales transaction, the property was also sold in Aug 8, 2012 for $402,000. 31 Elizabeth Terrace was last assessed in 2023. The total value of the property was assessed at $390,000. Specifically, the land the property is located on was valued at $110,000. While improvements on the property were assessed at a total of $280,000. 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 $12,418. 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.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 2
  • Bedroom Count: 2
  • Construction Type: Brick
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,443
  • Total Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,394
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW VIEW
  • Land Acres: 0.102
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KANG DAE SHIK
  • Current Owner 2: KIM MI KYONG
  • Previous Owner : CHO SANGHYUN
  • Previous Owner 2: HAN HYOSOON
  • Owner Before Previous Owner: BAE JEE WAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Leonia Borough School District
  • Census Tract: 028001

Geography

  • Account Number: 25.A/3
  • District: 29
  • Parcel: 29 01215-0000-00001-0000-C0031
  • Block: 1215
  • Lot: 1
  • Municipality: LEONIA BORO
  • Latitude: 40.8611
  • Longitude: -73.9963

    Address

  • Full Address: 31 Elizabeth Ter
  • Address - House Number: 31
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Leonia
  • Carrier Code: C044
  • 4-Digit Zip Code: 2047
  • Zip Code: 07605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,418

    Appraisal Valuation

  • Standard Deviation: 0.1919
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 621,404
  • High Value: 740,697
  • Low Value: 502,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,750
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 16, 2020
  • First Open Lien Mortgage Loan Amount: $387,750
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $110,000
  • Market Improvement Value: $280,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,000
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Contract Date: Apr 10, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Transaction ID: 11807280324
  • Current Sale Price: $517,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20-065819
  • Previous Sale Recording Date: Sep 26, 2012
  • Previous Sale Contract Date: Aug 08, 2012
  • Previous Sale Amount: $402,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Jul 16, 2020
  • First Mortgage Loan Amount: $387,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 26, 2012
  • Previous Mortgage Loan Amount: $282,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Leonia



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Frequently Asked Questions

What neighborhood is 31 Elizabeth Terrace located in?
The 31 Elizabeth Terrace is a located in the neighborhood of Bergen in Leonia, Leonia.
What is the average sales price for listings in 31 Elizabeth Terrace?
The average sales price for units in 31 Elizabeth Terrace is $0 currently.

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