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85 Leonardo Court

85 Leonardo Court, West Orange, NJ 07052
Property in Essex
Sold Jun 03, 2022
$600,000
$382,500 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2052
Sold Nov 13, 2020
$375,000
$243,750 by United Wholesale Mortgage
Mortgage Due Nov 01, 2050
Local assessors in West Orange, NJ have categorized 85 Leonardo Court as a residential type of property. The home was built in 1987 and is 37 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 85 Leonardo Court has a total of 1,550 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 85 Leonardo Court sold most recently in May 2, 2022 for a total of $600,000. If you work out the math, that's approximately a cost of $387.10 per sqft. Before that, the property was also sold for $375,000 in Oct 21, 2020. 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 $13,320 in taxes each year. 85 Leonardo Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $300,200. If we break it down further, the land itself was valued at $125,000. Improvements to the property, however, were assessed at a total of $175,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLE RIDGE AT WEST ORANGE SECTION II
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : NEWHOUSE MARK CHRISTOPHER
  • Current Owner 2: MONROE SCOTT RYAN
  • Previous Owner : CAITLIN DIRUGGIERO
  • Owner Before Previous Owner: STERN DAVID A
  • Owner Before Previous Owner 2: ESTATE OF BRUCE STERN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 017500

Zoning

  • Zoning: PURD

Geography

  • Assessors Map Reference: TAX MAP 34
  • District: 22
  • Parcel: 22 00105-0000-00004-0000-C0085
  • Block: 105
  • Lot: 4
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7919
  • Longitude: -74.2516

    Address

  • Full Address: 85 Leonardo Ct
  • Address - House Number: 85
  • Address - Street Name: Leonardo
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C081
  • 4-Digit Zip Code: 4116
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,320

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 71
  • Final Value: 509,894
  • High Value: 617,393
  • Low Value: 402,395

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,500
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • First Open Lien Mortgage Loan Amount: $382,500
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $300,200
  • Market Land Value: $125,000
  • Market Improvement Value: $175,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $300,200
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $175,200

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11890945135
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 54236
  • Previous Sale Recording Date: Nov 13, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $382,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 13, 2020
  • Previous Mortgage Loan Amount: $243,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Essex



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Frequently Asked Questions

What neighborhood is 85 Leonardo Court located in?
The 85 Leonardo Court is a located in the neighborhood of Essex in Essex, West Orange.
What is the average sales price for listings in 85 Leonardo Court?
The average sales price for units in 85 Leonardo Court is $0 currently.

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