NOT LISTED FOR SALE

Estimated Value: $600,248 - $658,000

3 Beds
1 Bath
1,368 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $375,000 $274 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,078/month

38 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • Attic
  • Cape Cod Architecture
  • Partially Wooded Lot
  • 1 Fireplace

About This Home

As of November 2020

In a price point of its own, the best home in Norwalk under $400,000. This amazing home is set in desirable Cranbury, not a minute from the market and restaurants, and a couple of minutes to Cranbury Park. The Merritt, I95 are all within a short distance. The home itself is in great condition, having been lovingly maintained for 40 years by the seller. There is a large driveway that hugs the home at the back, leading to a 1 car attached garage. Upon entering the front door, there is a large living room, with a fireplace and hardwood floors, and almost 9 foot ceilings! Off the living room there are three bedrooms, one of which has a walk-up staircase to the large attic. This space has future potential for a wonderful master suite, or other creative space. On the left of the living room, there is a large bathroom, and the staircase into the lower level. On the lower level is a large, bright eat-in-kitchen, almost space enough for two rooms, kitchen and dining room. It has access to the back yard through a door, and the driveway, great for setting up outdoor furniture and enjoying the privacy of this large lot. It also has a small, cozy den, with washer and dryer, and a door to both the garage and the mechanical room. The wood siding is in excellent condition, the driveway is as well, there are some newer windows, and more. When I say there is no better deal on the market, only seeing it will get that point across. Highest and best offers by 5pm on Monday 9/28!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 09/25/2020

William Raveis Real Estate

Last Buyer's Agent

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 09/25/2020

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 1948

Lot Details

  • 1.1 Acre Lot
  • Partially Wooded Lot
  • Property is zoned A1

Home Design

  • Cape Cod Architecture
  • Farmhouse Style Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1 Fireplace
  • Walkup Attic

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Beach Access

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Cranbury Elementary School
  • West Rocks Middle School
  • Norwalk High School

Utilities

  • Heating System Uses Oil
  • Propane Water Heater
  • Fuel Tank Located in Garage

Community Details

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,614

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Neighborhood: Cranbury
  • Property Type: Single Family For Sale
  • Style: Cape Cod, Farm House
  • Sq Ft Est Heated Above Grade: 1368
  • Public Record Living Room Sq Ft: 1368
  • Total Sq Ft: 1368
  • Year Built: 1948
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2736
  • Directions: East Ave to Newtown Ave, left on Grumman Ave, home on the right!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full, Heated, Cooled, Liveable Space
  • Appliances: Gas Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 82

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 1
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Garage
  • Hot Water Description: Domestic, Propane
  • Water Source: Public Water Connected
  • Sewer: Septic

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Cranbury
  • Middle School: West Rocks
  • High School: Norwalk

Lot Info

  • Acres: 1.1000
  • Lot Description: Lightly Wooded
  • Zoning: A1

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 6614
  • Total Assessed Value: 280180
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.356
  • Mil Rate Total: 23.606
  • Assessor Parcel Number: 243062

MLS Schools

  • Elementary School: Cranbury
  • Middle Jr High School: West Rocks
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 10, 2020
Sold by
Russo James A
Bought by
Longo Michael and Longo Emily
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Joe Balestriere
William Raveis Real Estate
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Current Estimated Value
$629,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,812
Avg. Annual Appreciation
11.23%
Original Mortgage
$368,207
Outstanding Balance
$327,652
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$302,160

Purchase Details

Closed on
Jun 22, 1973
Bought by
Russo James A and Russo Georgina
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Longo Michael $375,000 None Available
Longo Michael $375,000 None Available
Russo James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Michael $368,207
Closed Longo Michael $368,207
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $375,000 +7.1% $274 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $350,000 -- $256 / Sq Ft
Source: SmartMLS

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
2025 $8,867 $373,490 $207,740 $165,750
2024 $8,730 $373,490 $207,740 $165,750
2023 $6,995 $280,180 $167,070 $113,110
2022 $6,885 $280,180 $167,070 $113,110
2021 $5,859 $280,180 $167,070 $113,110
2020 $6,614 $280,180 $167,070 $113,110
2019 $6,388 $280,180 $167,070 $113,110
2018 $5,911 $227,960 $137,700 $90,260
2017 $5,314 $227,960 $137,700 $90,260
2016 $5,799 $227,960 $137,700 $90,260
2015 $5,209 $227,960 $137,700 $90,260
2014 $5,708 $227,960 $137,700 $90,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170340833

SmartMLS

APN: NORW-000005-000028-000006