$370,000
SOLD JUN 28, 2019

703 Broad St Bloomfield, NJ 07003

4 Beds
3 Baths
-- Sq Ft
0.34 Acres

Recently Sold

3% Below List Price

41 Days on Market

Highlights

  • Colonial Architecture
  • Brookdale School Rated A-
  • Rectangular Lot

About This Home

As of June 2019

Beautifully renovated in 2017 colonial style.

Last Agent to Sell the Property

Wilson Merchan

Merchan Team Real Estate Listed on: 05/09/2019

Merchan Team Real Estate

Last Buyer's Agent

Wilson Merchan

Keller Williams Realty - NJ Metro Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,895

Year Built

  • 1936

Lot Details

  • 0.34 Acre Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 070200792 00071

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,895

Year Built

1936

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: None
  • Miscellaneous: Hdwd As In
  • Views/Exposure: None
  • Year Built: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Primary Bathroom: N
  • Full Bathrooms: 3
  • Basement: Finished

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: None

Utilities

  • Heating: Oil
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: None

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00071
  • Lot Description: Regular
  • Lot Dimensions: 40X367
  • Estimated Lot Sq Ft: 14680

Tax Info

  • Tax: 11895
  • Assessor Parcel Number: 070200792 00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2020
Sold by
Barzola-Tito Dario J
Bought by
Merchan Victor H and Guaman Lupita
Total Days on Market
41
Current Estimated Value
$645,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Outstanding Balance
$347,189
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$297,842

Purchase Details

Closed on
Jul 7, 2016
Sold by
Santander Bank Na
Bought by
Cig Board Llc

Purchase Details

Closed on
Aug 6, 2015
Sold by
Armando B Fontoura Sheriff
Bought by
Santander Bank

Purchase Details

Closed on
Jul 15, 2005
Sold by
Martin Linda
Bought by
Brennan Timothy and Brennan Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.68%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $400,000 Prestige Title
Deed $126,500 First American Title
Quit Claim Deed $100 --
Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 FHA
Previous Owner $357,651 FHA
Previous Owner $301,439 FHA
Previous Owner $321,300 Adjustable Rate Mortgage/ARM
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $236,000 Adjustable Rate Mortgage/ARM
Previous Owner $104,229 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Rented $2,500 0.0% --
07/16/2019 07/16/19 For Rent $2,500 0.0% --
06/28/2019 06/28/19 Sold $370,000 -2.6% --
06/19/2019 06/19/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $379,900 +23.7% --
11/06/2017 11/06/17 Sold $307,000 0.0% --
11/06/2017 11/06/17 Sold $307,000 +2.4% --
07/10/2017 07/10/17 Pending -- -- --
07/10/2017 07/10/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $299,900 -8.8% --
05/13/2017 05/13/17 For Sale $329,000 -- --
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
2024 $12,284 $375,900 $172,200 $203,700
2022 $12,036 $375,900 $172,200 $203,700
2021 $11,607 $369,300 $172,200 $197,100
2020 $11,430 $369,300 $172,200 $197,100
2019 $11,947 $300,100 $168,000 $132,100
2018 $11,896 $300,100 $168,000 $132,100
2017 $11,361 $291,000 $168,000 $123,000
2016 $11,233 $291,000 $168,000 $123,000
2015 $11,131 $291,000 $168,000 $123,000
2014 $10,927 $291,000 $168,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1921896

New Jersey MLS

APN: 02-00792-0000-00071