NOT LISTED FOR SALE

261 Berkeley Ave Bloomfield, NJ 07003

Estimated Value: $508,000 - $584,000

4 Beds
1 Bath
-- Sq Ft
7,998 Sq Ft Lot

Last Sold December 20, 2022

Last sale price $405,000

Est. 32% increase in value since last sale

Current estimated payment $3,749/month

99 Days on Market

About This Home

As of December 2022

Welcome home to this charming single family 4 bdrm 1 bth Colonial home set on an oversized lot of 50x160. First floor features a formal living rm with a working fireplace, dinning rm and a bright cozy family rm. Hardwood floors throughout the home, Kitchen with access to cozy size wood deck overlooking oversized yard great for entertaining. Sec floor has 3 comfy bdrms and 1 full bth. Third floor has a generously sized 4th bdrm.Full unfinished basement with washer/dryer hook ups with a seperate enterance. Conviently located to transportation, schools, parks and house of worship. Bring all offers.

Last Agent to Sell the Property

Monica Sarmiento

Coldwell Banker, Alpine/Closter Listed on: 08/23/2022

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Monica Sarmiento

Coldwell Banker, Alpine/Closter Listed on: 08/23/2022

Coldwell Banker, Alpine/Closter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,811

Lot Details

  • 7,998 Sq Ft Lot
  • Lot Dimensions are 50 x 160
  • Rectangular Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Fairview Elementary School
  • Bloomfield Middle School
  • Bloomfield High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00042 / 00426

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,811

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 567-7788
  • MLS Status: Sold - Sold
  • Directions: Bloomfield, East on Newark, North to Berkeley
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: No
  • Basement Remarks: FULL BSMT

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: None
  • Heating: Natural Gas

Schools

  • Elementary School: Fairview E.S.
  • High School: Bloomfield H.S.
  • Middle Or Junior School: Bloomfield M.S.
  • Elementary: Fairview E.S.

Lot Info

  • Lot Dimensions: 50 X 160
  • Lot Size Sq Ft: 7998.0

Tax Info

  • Tax Annual Amount: 10811.0
  • Tax Block: 00426
  • Tax Lot: 00042

MLS Schools

  • High School Text: Bloomfield H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Dec 16, 2022
Sold by
Vargas Melissa
Bought by
Perry Dannielle
Seller's Agent
Monica Sarmiento
Coldwell Banker, Alpine/Closter
Buyer's Agent
Monica Sarmiento
Coldwell Banker, Alpine/Closter
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Views
14
Current Estimated Value
$533,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,489
Avg. Annual Appreciation
9.93%
Original Mortgage
$392,850
Outstanding Balance
$381,062
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$152,427

Purchase Details

Closed on
Feb 7, 2022
Sold by
Vargas Edward and Vargas Melissa
Bought by
Vargas Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.67%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 13, 2018
Sold by
Wilmington Svgs Fund Soc
Bought by
Vargas Edward and Vargas Melissa

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 19, 2017
Sold by
Wilmington Svgs Fund Soc
Bought by
Vargas Edward and Vargas Melissa
Seller's Agent
Nicholas Verdi
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
MONICA SARMIENTO
COLDWELL BANKER REALTY ALP
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$232,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Sold by
Crivelli Gus
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Apr 22, 2004
Sold by
261 Berkeley Land Trust
Bought by
Crivelli Gus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
5.99%

Purchase Details

Closed on
Jan 30, 2004
Sold by
Sessoms Cheryl
Bought by
Okkema Richard

Purchase Details

Closed on
Sep 5, 1997
Sold by
Chiorello William
Bought by
Sessoms Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.48%

Purchase Details

Closed on
May 16, 1988
Sold by
Chiarello Karen M Et Vir
Bought by
Chiarello Karen M Et Vir
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
Perry Dannielle $405,000 Chicago Title
Vargas Melissa -- New Title Company Name
Vargas Edward $245,000 --
Vargas Edward $245,000 --
Wilmington Savings Fund Society Fsb -- None Available
Crivelli Gus $310,000 --
Okkema Richard $140,000 --
Sessoms Cheryl $139,050 --
Chiarello Karen M Et Vir $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Dannielle $392,850
Previous Owner Vargas Melissa $293,000
Previous Owner Vargas Edward $232,750
Previous Owner Crivelli Gus $263,500
Previous Owner Sessoms Cheryl $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2022 12/20/22 Sold $405,000 +1.3% --
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $400,000 0.0% --
11/21/2022 11/21/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $400,000 -9.1% --
10/24/2022 10/24/22 Price Changed $440,000 -6.4% --
09/20/2022 09/20/22 Price Changed $470,000 -5.8% --
08/23/2022 08/23/22 For Sale $499,000 +103.7% --
10/20/2017 10/20/17 Sold $245,000 +2.1% $163 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $239,900 -- $160 / Sq Ft
Source: New Jersey 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 $11,242 $344,000 $115,200 $228,800
2024 $11,242 $344,000 $115,200 $228,800
2022 $11,015 $344,000 $115,200 $228,800
2021 $10,812 $344,000 $115,200 $228,800
2020 $10,647 $344,000 $115,200 $228,800
2019 $10,657 $267,700 $109,800 $157,900
2018 $10,612 $267,700 $109,800 $157,900
2017 $10,451 $267,700 $109,800 $157,900
2016 $10,333 $267,700 $109,800 $157,900
2015 $10,240 $267,700 $109,800 $157,900
2014 $12,268 $326,700 $120,000 $206,700
Source: Public Records

Agents Affiliated with this Home

  • Monica Sarmiento

    Seller's Agent in 2022

    Monica Sarmiento

    Coldwell Banker, Alpine/Closter

    (201) 932-3777

    1 in this area

    7 Total Sales

    Monica Sarmiento
    Section Image
  • Nicholas Verdi

    Seller's Agent in 2017

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    7 in this area

    162 Total Sales

    Nicholas Verdi
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22031490

New Jersey MLS

APN: 02-00426-0000-00042

New Jersey Essex County Bloomfield 07003

261 Berkeley Ave, Bloomfield, NJ

Not Listed for Sale

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