$440,000
SOLD SEP 15, 2020

61 Watsessing Ave Bloomfield, NJ 07003

-- Bed
-- Bath
-- Sq Ft
40 Sq Ft Lot

Recently Sold

6% Above List Price

19 Days on Market

About This Home

As of September 2020

This home is located at 61 Watsessing Ave, Bloomfield, NJ 07003 and is currently priced at $440,000. This property was built in 1909. 61 Watsessing Ave is a home located in Essex County with nearby schools including Berkeley School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

LISA SIMONELLI

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 06/25/2020

Last Buyer's Agent

LISA SIMONELLI

COLDWELL BANKER REALTY Brokerage Phone: 973-233-2300 Listed on: 06/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,664

Year Built

  • Built in 1909

Lot Details

  • 40 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,664

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Year Built: 1909
  • County Name: Essex
  • Street Number Display: 61
  • I D: 4993208
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-233-2300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40 X 100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 15, 2020
Sold by
South Mountain Equities Llc
Bought by
Ocmbc Inc
Seller's Agent
LISA SIMONELLI
COLDWELL BANKER REALTY
Buyer's Agent
LISA SIMONELLI
COLDWELL BANKER REALTY
List Price
$415,000
Sold Price
$440,000
Premium/Discount to List
$25,000
6.02%
Current Estimated Value
$671,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,014
Avg. Annual Appreciation
9.13%
Original Mortgage
$425,315
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 14, 2015
Sold by
Flamm Leonard
Bought by
South Mountain Equities Llc
Buyer's Agent
LISA SIMONELLI
COLDWELL BANKER REALTY
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Listed on
Apr 2, 2015
Closed on
Apr 2, 2015
Sold by
Ellie Sheba
Bought by
Flamm Leonard
Buyer's Agent
LISA SIMONELLI
COLDWELL BANKER REALTY
Sold Price
$200,000

Purchase Details

Closed on
Dec 16, 2004
Sold by
Philip Neena
Bought by
Elie Sheba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,716
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1992
Sold by
Idichandy Vergis and Idichandy Daisy
Bought by
Idichandy Vergis and Diays Et Als
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
Warranty Deed $440,000 Old Republic Title
Quit Claim Deed -- --
Deed $200,000 --
Deed $342,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,795 FHA
Open $421,283 FHA
Previous Owner $425,315 FHA
Previous Owner $425,315 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $73,900 Future Advance Clause Open End Mortgage
Previous Owner $336,716 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $440,000 +6.0% --
07/14/2020 07/14/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $415,000 +107.5% --
04/02/2015 04/02/15 Sold $200,000 -- --
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 $13,664 $418,100 $90,400 $327,700
2022 $13,388 $418,100 $90,400 $327,700
2021 $9,306 $296,100 $90,400 $205,700
2020 $9,164 $296,100 $90,400 $205,700
2019 $9,200 $231,100 $81,900 $149,200
2018 $9,161 $231,100 $81,900 $149,200
2017 $9,022 $231,100 $81,900 $149,200
2016 $8,920 $231,100 $81,900 $149,200
2015 $10,764 $281,400 $81,900 $199,500
2014 $10,567 $281,400 $81,900 $199,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3643172

Garden State MLS

APN: 02-00096-0000-00050