$950,000
SOLD MAY 18, 2023

314 Claremont Place Cranford, NJ 07016

3 Beds
3 Baths
-- Sq Ft
5,500 Sq Ft Lot

Recently Sold

24% Above List Price

8 Days on Market

About This Home

As of May 2023

This home is located at 314 Claremont Place, Cranford, NJ 07016 and is currently priced at $950,000. This property was built in 1926. 314 Claremont Place is a home located in Union County with nearby schools including Cranford Sr High School, St Michael School, and St. Theresa School.

Last Agent to Sell the Property

Kathleen Rappa

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 03/29/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Lisa Stafford

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,681

Year Built

  • Built in 1926

Lot Details

  • 5,500 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,681

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • County Name: Union
  • Street Number Display: 314
  • I D: 5207129
  • Modified: 2024-05-19
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 5500 SF
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 12, 2023
Sold by
Kim Theodore and Kim Amy
Bought by
Welch Lauren
Seller's Agent
Kathleen Rappa
COLDWELL BANKER REALTY
Buyer's Agent
Lisa Stafford
COLDWELL BANKER REALTY
List Price
$769,000
Sold Price
$950,000
Premium/Discount to List
$181,000
23.54%
Current Estimated Value
$939,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,896
Avg. Annual Appreciation
2.40%
Original Mortgage
$950,000
Outstanding Balance
$928,156
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$71,775

Purchase Details

Listed on
Nov 21, 2014
Closed on
Nov 21, 2014
Sold by
Signore Christopher A and Signore Abbie
Bought by
Kim Theodore and Kim Amy
Seller's Agent
Scott Gleason
COLDWELL BANKER REALTY
Buyer's Agent
Carolyn Fahey
FAHEY REALTORS
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$267,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 2011
Sold by
Moffitt Michael J and Moffitt Alison B
Bought by
Signore Christopher A and Signore Abbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.93%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 6, 2004
Sold by
Zeigler Jeff
Bought by
Moffitt Michael and Moffitt Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.63%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Brogan Peter R and Wilson Marguerite L
Bought by
Zeigler Jeff S and Zeigler Elizabeth Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,200
Interest Rate
6.39%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 Chicago Title
Deed $540,000 Agent For Chicago Title Ins
Deed $500,000 Multiple
Deed $440,000 --
Executors Deed $222,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Previous Owner $267,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Adjustable Rate Mortgage/ARM
Previous Owner $303,480 New Conventional
Previous Owner $333,700 No Value Available
Previous Owner $22,200 Stand Alone Second
Previous Owner $177,600 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $950,000 +23.5% --
04/06/2023 04/06/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $769,000 +42.4% --
11/21/2014 11/21/14 Sold $540,000 -- --
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
2024 $13,681 $211,300 $89,300 $122,000
2023 $13,681 $205,200 $89,300 $115,900
2022 $13,568 $205,200 $89,300 $115,900
2021 $13,508 $205,200 $89,300 $115,900
2020 $13,465 $205,200 $89,300 $115,900
2019 $13,379 $205,200 $89,300 $115,900
2018 $13,137 $205,200 $89,300 $115,900
2017 $12,376 $200,200 $89,300 $110,900
2016 $11,926 $200,200 $89,300 $110,900
2015 $11,614 $165,200 $89,300 $75,900
2014 $9,387 $165,200 $89,300 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3835577

Garden State MLS

APN: 03-00226-0000-00009