NOT LISTED FOR SALE

245 Prospect St Westfield, NJ 07090

Estimated Value: $1,085,068 - $1,429,000

Studio
-- Bath
1 Sq Ft
$1,283,767/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

Last sale price $784,900 $784,900 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,055 / mo

71 Days on Market

About This Home

As of July 2021

This home is located at 245 Prospect St, Westfield, NJ 07090 since 11 March 2021 and is currently estimated at $1,283,767, approximately $1,283,767 per square foot. This property was built in 1865. 245 Prospect St is a home located in Union County with nearby schools including Franklin Elementary School, Roosevelt Intermediate School, and Westfield Senior High School.

Last Agent to Sell the Property

MICHAEL BUCCOLA

WESTFIELD REALTY SERVICE Brokerage Phone: 908-232-9500 Listed on: 03/11/2021

Last Buyer's Agent

Kim Cannon

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1865

Lot Details

  • 9,148 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1865

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1865
  • County Name: Union
  • I D: 5015470
  • Attribution Contact: 908-232-9500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X185
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jul 27, 2021
Sold by
Marimike Corporation
Bought by
Moran Michael
Seller's Agent
MICHAEL BUCCOLA
WESTFIELD REALTY SERVICE
Buyer's Agent
Kim Cannon
PROMINENT PROPERTIES SIR
List Price
$799,900
Sold Price
$784,900
Premium/Discount to List
-$15,000
-1.88%
Current Estimated Value
$1,283,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,867
Avg. Annual Appreciation
10.84%
Original Mortgage
$667,165
Outstanding Balance
$606,660
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$677,107

Purchase Details

Closed on
Sep 28, 1994
Sold by
Buccola James J and Buccola Josephine L
Bought by
Buccola Michael C and Buccola Mary Ann
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
Moran Michael $784,900 Able Title Agency Llc
Buccola Michael C -- --
Marimike Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Michael $667,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $784,900 +0.6% $784,900 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $779,900 -2.5% $779,900 / Sq Ft
03/11/2021 03/11/21 For Sale $799,900 -- $799,900 / 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 $14,985 $665,400 $524,800 $140,600
2024 $14,679 $665,400 $524,800 $140,600
2023 $14,679 $665,400 $524,800 $140,600
2022 $14,373 $665,400 $524,800 $140,600
2021 $14,393 $665,400 $524,800 $140,600
2020 $14,359 $665,400 $524,800 $140,600
2019 $15,747 $732,400 $524,800 $207,600
2018 $13,918 $149,700 $48,200 $101,500
2017 $13,841 $149,700 $48,200 $101,500
2016 $13,516 $149,700 $48,200 $101,500
2015 $12,997 $149,700 $48,200 $101,500
2014 $12,560 $149,700 $48,200 $101,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHAEL BUCCOLA

    WESTFIELD REALTY SERVICE

  • Kim Cannon

    Buyer's Agent in 2021

    Kim Cannon

    PROMINENT PROPERTIES SIR

    (609) 947-4493

    5 in this area

    145 Total Sales

    Kim Cannon
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Map

Source: Garden State MLS

MLS Number: 3697002

Garden State MLS

APN: 20-02504-0000-00006

New Jersey Union County Westfield 07090

245 Prospect St, Westfield, NJ

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