NOT LISTED FOR SALE

240 Sylvania Place Westfield, NJ 07090

Estimated Value: $1,442,000 - $2,028,000

5 Beds
4 Baths
3,466 Sq Ft
$524/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $1,255,100 $362 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,069/month

About This Home

As of June 2021

Beautifully maintained 5 bdrm/3.1 bath colonial nestled on one of Westfield's most charming streets in the highly desired Franklin School District on the Northside of town. Nestled on nearly a half acre of deep, very private, park-like property, this home is perfect for today's lifestyle with an elegant, spacious floor plan ideal for entertaining. Charming details incl custom millwork, newer Pella windows, high ceilings, hdwd floors & more! Updated KIT featuring custom cabinetry, center island, stainless appliances and Viking Professional series stove. The upper levels feature 5 bdrms and 3 more full baths including a master suite with large bathroom & walk in closet & very large 3rd fl bdrm/rec room. Relax in the screened porch as well as the open deck facing a spacious backyard.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 14, 2021
Sold by
Margolis Dan J and Kahrs Carole J
Bought by
Michelsen Warren and Woodward Emily
Seller's Agent
Jean Marie Morgan
COLDWELL BANKER REALTY
Buyer's Agent
Jean Marie Morgan
COLDWELL BANKER REALTY
List Price
$1,199,000
Sold Price
$1,255,100
Premium/Discount to List
$56,100
4.68%
Current Estimated Value
$1,782,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,890
Avg. Annual Appreciation
10.62%
Original Mortgage
$1,004,080
Outstanding Balance
$918,910
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$988,956

Purchase Details

Closed on
Aug 24, 1992
Bought by
Margolis Dan J and Kahrs Carole J
Source: Public Records

Range of Values:

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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
Michelsen Warren $1,255,100 Acres Land Title Agency Inc
Margolis Dan J $436,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michelsen Warren $1,004,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $1,255,100 +4.7% --
04/16/2021 04/16/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $1,199,000 -- --

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
2024 $27,688 $1,255,100 $838,000 $417,100
2023 $27,688 $1,255,100 $838,000 $417,100
2022 $28,108 $1,301,300 $838,000 $463,300
2021 $28,147 $1,301,300 $838,000 $463,300
2020 $28,082 $1,301,300 $838,000 $463,300
2019 $27,978 $1,301,300 $838,000 $463,300
2018 $28,876 $310,600 $111,800 $198,800
2017 $28,718 $310,600 $111,800 $198,800
2016 $28,044 $310,600 $111,800 $198,800
2015 $27,485 $310,600 $111,800 $198,800
2014 $26,501 $309,700 $111,800 $197,900
Source: Public Records

Agents Affiliated with this Home

  • Jean Marie Morgan

    Seller's Agent in 2021

    Jean Marie Morgan

    COLDWELL BANKER REALTY

    (908) 279-4441

    102 in this area

    142 Total Sales

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Map

New Jersey Union County Westfield 07090

240 Sylvania Place, Westfield, NJ

This home is located at 240 Sylvania Place, Westfield, NJ 07090 and is currently estimated at $1,817,244, approximately $524 per square foot. 240 Sylvania Place is a home located in Union County with nearby schools including Franklin Elementary School, Roosevelt Intermediate School, and Westfield Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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