NOT LISTED FOR SALE

281 Lorraine Dr Berkeley Heights, NJ 07922

Estimated Value: $934,000 - $1,422,000

5 Beds
3 Baths
2,898 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $975,000 $336 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,096/month

About This Home

Pristine Colonial Split Level with many recent improvements! The ground level features include the entry foyer with a coat closet, renovated eat-in kitchen with high end stainless steel appliances, center island and granite counter tops, formal dining room with a large picture window, family room with sliding doors to the deck, great room with high ceiling, wet bar, two sliding doors to the deck and a large closet, bedroom/office, updated laundry room with granite counters and the renovated powder room. The bright living room with a picture window is on the first level. Four bedrooms including the master suite with a dressing area, walk-in closet, renovated full bath with a large shower and the renovated main bath complete the second level. The 5th bedroom on the ground level, tile floor on the ground level, hardwood flooring on the first and second level, two car attached garage that is accessed from the ground level, deck that overlook the parklike backyard , paver front walkway and many recent improvements adds to its appeal. This meticulously maintained and renovated home situated on .488 acre in a sought after Berkeley Heights neighborhood has it all!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 22, 2022
Sold by
Lanthier Douglas A and Lanthier Regina C
Bought by
Gaddam Rohan R and Young Alison Beth
Seller's Agent
Catherine Debenedictis
COLDWELL BANKER REALTY
Buyer's Agent
ULPA PATEL
RE/MAX SELECT
List Price
$949,000
Sold Price
$975,000
Premium/Discount to List
$26,000
2.74%
Current Estimated Value
$1,245,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,841
Avg. Annual Appreciation
7.66%
Original Mortgage
$475,000
Outstanding Balance
$401,598
Interest Rate
4.92%
Mortgage Type
New Conventional
Estimated Equity
$844,243

Purchase Details

Closed on
Sep 26, 1997
Sold by
Hunter Calman M and Hunter Laura
Bought by
Lanthier Douglas A and Caulfield Regina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.47%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gaddam Rohan R $975,000 Providence Abstract
Gaddam Rohan R $975,000 Providence Abstract
Lanthier Douglas A $408,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddam Rohan R $475,000
Closed Gaddam Rohan R $475,000
Previous Owner Lanthier Douglas A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2022 07/26/22 Sold $975,000 +2.7% -- View Prior Sale
05/31/2022 05/31/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $949,000 -- --

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
2025 $18,361 $428,300 $197,000 $231,300
2024 $18,096 $428,300 $197,000 $231,300
2023 $18,096 $428,300 $197,000 $231,300
2022 $17,984 $428,300 $197,000 $231,300
2021 $17,886 $428,300 $197,000 $231,300
2020 $17,980 $428,300 $197,000 $231,300
2019 $17,890 $428,300 $197,000 $231,300
2018 $17,517 $428,300 $197,000 $231,300
2017 $17,307 $428,400 $197,000 $231,400
2016 $17,003 $428,400 $197,000 $231,400
2015 $16,909 $428,400 $197,000 $231,400
2014 $16,468 $428,400 $197,000 $231,400
Source: Public Records

Agents Affiliated with this Home

  • Catherine Debenedictis

    Seller's Agent in 2022

    Catherine Debenedictis

    COLDWELL BANKER REALTY

    (908) 868-2850

    27 in this area

    58 Total Sales

    Catherine Debenedictis
    Section Image
  • ULPA PATEL

    Buyer's Agent in 2022

    ULPA PATEL

    RE/MAX SELECT

    1 in this area

    30 Total Sales

    ULPA PATEL
    Section Image
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Map

New Jersey Union County Berkeley Heights 07922

281 Lorraine Dr, Berkeley Heights, NJ

Not Listed for Sale

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