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17 Whittingham Terrace

17 Whittingham Terrace, Millburn, NJ 07041
Property in Essex
Sold Apr 27, 2017
$980,000
$410,000 by Quicken Loans Llc
Mortgage Due Jan 01, 2036
Local assessors in Millburn, NJ have categorized 17 Whittingham Terrace as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 7,601 square feet. The linear feet between the front and back of the lot was measured at 1,520 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 17 Whittingham Terrace has a total of 2,191 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, 17 Whittingham Terrace sold most recently in Apr 10, 2017 for a total of $980,000. If you work out the math, that's approximately a cost of $447.28 per sqft. 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 $16,924 in taxes each year. 17 Whittingham Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $871,000. If we break it down further, the land itself was valued at $518,300. Improvements to the property, however, were assessed at a total of $352,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,601
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,191
  • Building Area: 2,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,191
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHENG ZHEN
  • Current Owner 2: YIN JIANGHUA
  • Previous Owner : PERNA MARIA
  • Previous Owner 2: COSENZA NICOLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020300

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 12
  • Parcel: 12 00804-0000-00018
  • Block: 804
  • Lot: 18
  • Municipality: MILLBURN TWP
  • Latitude: 40.7238
  • Longitude: -74.3047

    Address

  • Full Address: 17 Whittingham Ter
  • Address - House Number: 17
  • Address - Street Name: Whittingham
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C009
  • 4-Digit Zip Code: 1556
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,924

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,163,218
  • High Value: 1,412,695
  • Low Value: 913,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $410,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $871,000
  • Market Land Value: $518,300
  • Market Improvement Value: $352,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $871,000
  • Assessed Land Value: $518,300
  • Assessed Improvements Value: $352,700

    Sales

  • Current Sale Contract Date: Apr 10, 2017
  • Current Sale Recording Date: Apr 27, 2017
  • Current Sale Transaction ID: 1811545821
  • Current Sale Price: $980,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017036452

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 27, 2017
  • First Mortgage Loan Amount: $686,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 17 Whittingham Terrace located in?
The 17 Whittingham Terrace is a located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 17 Whittingham Terrace?
The average sales price for units in 17 Whittingham Terrace is $0 currently.

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