NOT LISTED FOR SALE

221 Lorraine Dr Berkeley Heights, NJ 07922

Estimated Value: $1,327,000 - $1,440,000

4 Beds
3 Baths
-- Sq Ft
0.48 Acres

Last Sold June 06, 2024

Last sale price $1,300,000

Est. 7% increase in value since last sale

Current estimated payment $8,870/month

8 Days on Market

About This Home

As of June 2024

This home is located at 221 Lorraine Dr, Berkeley Heights, NJ 07922 since 30 April 2024 and is currently estimated at $1,387,575. This property was built in 1966. 221 Lorraine Dr is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and Hudsonway Immersion School.

Last Agent to Sell the Property

Lisa Kulback

COLDWELL BANKER REALTY Brokerage Phone: 908-522-1800 Listed on: 04/30/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Suzanne Lear

PROMINENT PROPERTIES SIR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,507

Year Built

  • Built in 1966

Lot Details

  • 0.48 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,507

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • County Name: Union
  • Street Number Display: 221
  • I D: 5284564
  • Modified: 2025-06-07
  • Number Images: 1
  • Attribution Contact: 908-522-1800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .475 AC
  • Total Acres: 0.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 29, 2024
Sold by
Talbot Jeffrey and Talbot Karen
Bought by
Zimmerman Steven E and Zimmerman Christina J
Seller's Agent
Lisa Kulback
COLDWELL BANKER REALTY
Buyer's Agent
Suzanne Lear
PROMINENT PROPERTIES SIR
List Price
$1,150,000
Sold Price
$1,300,000
Premium/Discount to List
$150,000
13.04%
Views
25
Current Estimated Value
$1,387,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,575
Avg. Annual Appreciation
5.14%
Original Mortgage
$700,000
Outstanding Balance
$691,321
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$696,254

Purchase Details

Closed on
Aug 27, 1996
Sold by
Reynolds Donald B and Reynolds Sally H
Bought by
Talbot Jeffrey and Talbot Karen
Source: Public Records

Range of Values:

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
Zimmerman Steven E $1,300,000 Chicago Title
Zimmerman Steven E $1,300,000 Chicago Title
Talbot Jeffrey $381,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Steven E $700,000
Closed Zimmerman Steven E $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $1,300,000 +13.0% --
05/10/2024 05/10/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $1,150,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

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 $18,507 $431,700 $196,400 $235,300
2024 $17,601 $431,700 $196,400 $235,300
2023 $17,601 $416,600 $196,400 $220,200
2022 $17,493 $416,600 $196,400 $220,200
2021 $17,397 $416,600 $196,400 $220,200
2020 $17,489 $416,600 $196,400 $220,200
2019 $17,401 $416,600 $196,400 $220,200
2018 $17,039 $416,600 $196,400 $220,200
2017 $16,831 $416,600 $196,400 $220,200
2016 $16,535 $416,600 $196,400 $220,200
2015 $16,443 $416,600 $196,400 $220,200
2014 $16,014 $416,600 $196,400 $220,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Kulback

    Seller's Agent in 2024

    Lisa Kulback

    COLDWELL BANKER REALTY

    (908) 230-5449

    82 in this area

    151 Total Sales

    Lisa Kulback
    Section Image

  • S

    Buyer's Agent in 2024

    Suzanne Lear

    PROMINENT PROPERTIES SIR

    (908) 376-2720

    5 in this area

    116 Total Sales

    Suzanne Lear
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3899025

Garden State MLS

APN: 01-02603-0000-00007

New Jersey Union County Berkeley Heights 07922

221 Lorraine Dr, Berkeley Heights, NJ

This home is located at 221 Lorraine Dr, Berkeley Heights, NJ 07922 since 30 April 2024 and is currently estimated at $1,387,575. This property was built in 1966. 221 Lorraine Dr is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and Hudsonway Immersion School.

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