NOT LISTED FOR SALE

203 Lorraine Ave Montclair, NJ 07043

Estimated Value: $1,305,000 - $1,931,000

4 Beds
3 Baths
2,127 Sq Ft
$754/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $1,205,000 $567 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,800/month

6 Days on Market

About This Home

As of October 2021

This home is located at 203 Lorraine Ave, Montclair, NJ 07043 since 06 September 2021 and is currently estimated at $1,604,573, approximately $754 per square foot. This property was built in 1902. 203 Lorraine Ave is a home located in Essex County with nearby schools including Bradford School, Hillside School, and Nishuane School.

Last Agent to Sell the Property

MARK DIBENEDETTO

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 09/06/2021

Last Buyer's Agent

JESSICA KEEFE

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1902

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1902

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1902
  • County Name: Essex
  • I D: 5087802
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 20, 2021
Sold by
Bakum Brooke and Dow Andrew W
Bought by
Mysel Jeffrey and Lapointe Gabrielle
Seller's Agent
MARK DIBENEDETTO
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
JESSICA KEEFE
KELLER WILLIAMS - NJ METRO GROUP
List Price
$949,000
Sold Price
$1,205,000
Premium/Discount to List
$256,000
26.98%
Current Estimated Value
$1,604,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,573
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,084,400
Outstanding Balance
$990,017
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$614,556

Purchase Details

Closed on
Mar 11, 2019
Sold by
Bakum Brooke and Dow Andrew W
Bought by
Bakum Brooke and Dow Andrew W

Purchase Details

Closed on
Sep 9, 2005
Sold by
Newman Maria
Bought by
Finan Michael and Finan Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
8.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 1996
Sold by
Winn William K
Bought by
Perry Richard G

Purchase Details

Closed on
Jan 16, 1989
Sold by
Berry James and Berry Sondra
Bought by
Winn William K and Winn Robin J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mysel Jeffrey $1,205,000 Ridge Title Agency Llc
Bakum Brooke -- Title Resource Group
Finan Michael $695,000 --
Perry Richard G $225,000 --
Winn William K $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mysel Jeffrey $1,084,400
Previous Owner Finan Michael $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $1,205,000 +27.0% $567 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $949,000 +45.1% $446 / Sq Ft
07/27/2018 07/27/18 Sold $654,000 +2.3% $307 / Sq Ft View Prior Sale
05/12/2018 05/12/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $639,000 -- $300 / Sq Ft
Source: Garden State MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,701 $908,300 $321,700 $586,600
2024 $30,701 $908,300 $321,700 $586,600
2022 $18,600 $565,700 $321,700 $244,000
2021 $18,278 $565,700 $321,700 $244,000
2020 $17,984 $565,700 $321,700 $244,000
2019 $17,797 $565,700 $321,700 $244,000
2018 $17,503 $565,700 $321,700 $244,000
2017 $19,469 $521,400 $312,200 $209,200
2016 $18,948 $521,400 $312,200 $209,200
2015 $18,385 $521,400 $312,200 $209,200
2014 $17,769 $521,400 $312,200 $209,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MARK DIBENEDETTO

    KELLER WILLIAMS - NJ METRO GROUP

  • J

    Buyer's Agent in 2021

    JESSICA KEEFE

    KELLER WILLIAMS - NJ METRO GROUP

  • J

    Seller's Agent in 2018

    Jeanne Borgers

    EPIQUE REALTY

    (888) 893-3537

    2 in this area

    5 Total Sales

    Jeanne Borgers
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Map

Source: Garden State MLS

MLS Number: 3738771

Garden State MLS

APN: 13-01809-0000-00012

New Jersey Essex County Montclair 07043

203 Lorraine Ave, Montclair, NJ

Not Listed for Sale

Detached

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