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411 Lathrop Avenue

411 Lathrop Avenue, Boonton, NJ 07005
Property in Morris
Sold Apr 23, 2020
$432,000
$424,144 by Quicken Loans Inc
Mortgage Due May 01, 2050
Sold Feb 23, 2011
$350,000
$297,500 by Isb Mortgage Company Llc
Mortgage Due Mar 01, 2041
Local assessors in Boonton, NJ have categorized 411 Lathrop Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 7,440 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 620 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 411 Lathrop Avenue has a total of 1,634 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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, 411 Lathrop Avenue sold most recently in Apr 9, 2020 for a total of $432,000. If you work out the math, that's approximately a cost of $264.38 per sqft. Before that, the property was also sold for $350,000 in Feb 15, 2011. 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 $11,617 in taxes each year. 411 Lathrop Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,000. If we break it down further, the land itself was valued at $150,700. Improvements to the property, however, were assessed at a total of $202,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,634
  • Building Area: 1,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PERSENAIRE MEGHANN J
  • Current Owner 2: WIERINGA STACY L
  • Previous Owner : FROMOWITZ MICHAEL
  • Previous Owner 2: FROMOWITZ GENESSA
  • Owner Before Previous Owner: SPINOZZI THERESA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Boonton Town School District
  • Census Tract: 041000

Zoning

  • Zoning: R-2A

Geography

  • Assessors Map Reference: TAX MAP 55
  • Account Number: 10202900
  • District: 01
  • Parcel: 01 00090-0000-00065- 05
  • Block: 90
  • Lot: 65.05
  • Municipality: BOONTON TOWN
  • Latitude: 40.901
  • Longitude: -74.4033

    Address

  • Full Address: 411 Lathrop Ave
  • Address - House Number: 411
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Boonton
  • Carrier Code: C007
  • 4-Digit Zip Code: 2221
  • Zip Code: 07005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,617

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 562,569
  • High Value: 659,840
  • Low Value: 465,299

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,144
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 23, 2020
  • First Open Lien Mortgage Loan Amount: $424,144
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $457,550
  • Market Land Value: $195,334
  • Market Improvement Value: $262,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,000
  • Assessed Land Value: $150,700
  • Assessed Improvements Value: $202,300

    Sales

  • Current Sale Contract Date: Apr 09, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Transaction ID: 11759539325
  • Current Sale Price: $432,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020024937
  • Previous Sale Recording Date: Feb 23, 2011
  • Previous Sale Contract Date: Feb 15, 2011
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Apr 23, 2020
  • First Mortgage Loan Amount: $424,144
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ISB MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Feb 23, 2011
  • Previous Mortgage Loan Amount: $297,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2041

About Boonton



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Frequently Asked Questions

What neighborhood is 411 Lathrop Avenue located in?
The 411 Lathrop Avenue is a located in the neighborhood of Morris in Boonton, Boonton.
What is the average sales price for listings in 411 Lathrop Avenue?
The average sales price for units in 411 Lathrop Avenue is $0 currently.

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