405 Springfield Ave Cranford, NJ 07016
Estimated Value: $1,176,000 - $1,487,000
Studio
--
Bath
3,485
Sq Ft
$389/Sq Ft
Est. Value
About This Home
This home is located at 405 Springfield Ave, Cranford, NJ 07016 and is currently estimated at $1,354,178, approximately $388 per square foot. 405 Springfield Ave is a home located in Union County with nearby schools including Cranford Sr High School and St Michael School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2007
Sold by
Russo Richard Paul and Bonet Desmonique
Bought by
Russo Richard Paul
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,000
Outstanding Balance
$421,780
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$932,398
Purchase Details
Closed on
Jan 4, 2005
Sold by
Head Ronald
Bought by
Russo Richard and Bonet Desmonique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 13, 2002
Sold by
Thompson William B and Thompson Kathleen A
Bought by
Head Ronald and Head Eileen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.79%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Russo Richard Paul | -- | None Available | |
| Russo Richard | $805,000 | -- | |
| Head Ronald | $620,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Russo Richard Paul | $661,000 | |
| Closed | Russo Richard | $643,000 | |
| Previous Owner | Head Ronald | $345,000 |
Source: Public Records
Tax History Compared to Growth
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 | $23,191 | $342,100 | $131,400 | $210,700 |
| 2024 | $21,754 | $342,100 | $131,400 | $210,700 |
| 2023 | $21,754 | $326,300 | $131,400 | $194,900 |
| 2022 | $18,910 | $286,000 | $131,400 | $154,600 |
| 2021 | $18,478 | $280,700 | $131,400 | $149,300 |
| 2020 | $18,420 | $280,700 | $131,400 | $149,300 |
| 2019 | $18,302 | $280,700 | $131,400 | $149,300 |
| 2018 | $17,970 | $280,700 | $131,400 | $149,300 |
| 2017 | $17,353 | $280,700 | $131,400 | $149,300 |
| 2016 | $16,721 | $280,700 | $131,400 | $149,300 |
| 2015 | $16,283 | $280,700 | $131,400 | $149,300 |
| 2014 | $15,949 | $280,700 | $131,400 | $149,300 |
Source: Public Records
Map
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