NOT LISTED FOR SALE

71 Spring St Bloomfield, NJ 07003

Estimated Value: $658,498 - $863,000

-- Bed
-- Bath
-- Sq Ft
61 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $645,000

Est. 16% increase in value since last sale

Current estimated payment $5,173/month

32 Days on Market

About This Home

As of August 2021

This home is located at 71 Spring St, Bloomfield, NJ 07003 since 09 April 2021 and is currently estimated at $746,625. This property was built in 1920. 71 Spring St is a home located in Essex County with nearby schools including Franklin School, Bloomfield Middle School, and Bloomfield High School.

Last Agent to Sell the Property

SOCRATES OLIVERO

COLDWELL BANKER REALTY Brokerage Phone: 973-778-4500 Listed on: 04/09/2021

Last Buyer's Agent

Erick Gill

COLDWELL BANKER REALTY WYK

COLDWELL BANKER REALTY WYK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,601

Year Built

  • Built in 1920

Lot Details

  • 61 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,601

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Essex
  • Street Number Display: 71
  • I D: 5061843
  • Modified: 2022-08-03
  • Number Images: 1
  • Attribution Contact: 973-778-4500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 61 X 101
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Velasquez Josefina and Hernandez Fred
Bought by
Velasquez Josefina
Current Estimated Value
$746,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,891
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jul 28, 2021
Sold by
Rico Hernando and Camilo Paola Mariel
Bought by
Velasquez Josefina and Hernandez Fred
Seller's Agent
SOCRATES OLIVERO
COLDWELL BANKER REALTY
Buyer's Agent
Erick Gill
COLDWELL BANKER REALTY WYK
List Price
$625,000
Sold Price
$645,000
Premium/Discount to List
$20,000
3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$618,589
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 21, 2016
Closed on
Dec 23, 2016
Sold by
Slattery Judith A
Bought by
Rico Hernando and Camilo Paola Mariel
Seller's Agent
MICHAEL ANTOLINO
WEICHERT REALTORS
Buyer's Agent
WILFREDO ALFARO
COLDWELL BANKER REALTY
List Price
$314,500
Sold Price
$340,000
Premium/Discount to List
$25,500
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$272,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Velasquez Josefina -- None Listed On Document
Velasquez Josefina $645,000 Monument Title Agency Llc
Rico Hernando $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Josefina $23,891
Previous Owner Velasquez Josefina $618,589
Previous Owner Rico Hernando $269,710
Previous Owner Rico Hernando $269,710
Previous Owner Rico Hernando $110,000
Previous Owner Rico Hernando $272,000
Previous Owner Slattery Judith A $170,000
Previous Owner Slattery Judith A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $645,000 +3.2% --
05/11/2021 05/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $625,000 +83.8% --
01/04/2017 01/04/17 Sold $340,000 +8.1% --
11/04/2016 11/04/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $314,500 -- --
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 $12,601 $385,600 $124,500 $261,100
2022 $12,347 $385,600 $124,500 $261,100
2021 $12,119 $385,600 $124,500 $261,100
2020 $11,934 $385,600 $124,500 $261,100
2019 $12,078 $303,400 $127,300 $176,100
2018 $12,027 $303,400 $127,300 $176,100
2017 $11,845 $303,400 $127,300 $176,100
2016 $11,090 $287,300 $127,300 $160,000
2015 $10,989 $287,300 $127,300 $160,000
2014 $10,788 $287,300 $127,300 $160,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SOCRATES OLIVERO

    COLDWELL BANKER REALTY

  • E

    Buyer's Agent in 2021

    Erick Gill

    COLDWELL BANKER REALTY WYK

    (973) 405-8084

    2 in this area

    31 Total Sales

    Erick Gill
    Section Image

  • M

    Seller's Agent in 2017

    MICHAEL ANTOLINO

    WEICHERT REALTORS

  • W

    Buyer's Agent in 2017

    WILFREDO ALFARO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3703823

Garden State MLS

APN: 02-00541-0000-00007

New Jersey Essex County Bloomfield 07003

71 Spring St, Bloomfield, NJ

This home is located at 71 Spring St, Bloomfield, NJ 07003 since 09 April 2021 and is currently estimated at $746,625. This property was built in 1920. 71 Spring St is a home located in Essex County with nearby schools including Franklin School, Bloomfield Middle School, and Bloomfield High School.

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