NOT LISTED FOR SALE

Estimated Value: $547,000 - $698,808

5 Beds
3 Baths
-- Sq Ft
51 Sq Ft Lot

Last Sold December 04, 2023

Last sale price $485,000

Est. 31% increase in value since last sale

Current estimated payment $4,551/month

22 Days on Market

About This Home

As of December 2023

This home is located at 118 Merkel Dr, Bloomfield, NJ 07003 since 28 September 2023 and is currently estimated at $633,202. This property was built in 1956. 118 Merkel Dr is a home located in Essex County with nearby schools including Brookdale School, Bloomfield Middle School, and Bloomfield High School.

Last Listed By

DAN GRAY

WEICHERT REALTORS Brokerage Phone: 973-746-1515 Listed on: 09/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,193

Year Built

  • Built in 1956

Lot Details

  • 51 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,193

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • County Name: Essex
  • Street Number Display: 118
  • I D: 5247577
  • Modified: 2024-12-05
  • Number Images: 1
  • Attribution Contact: 973-746-1515
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 51 X 100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 30, 2023
Sold by
Brown Marlon and Brown Semelia
Bought by
Jimenez Casimiro and Martinez Araceli
Seller's Agent
DAN GRAY
WEICHERT REALTORS
Buyer's Agent
Anita Vogel
WEICHERT REALTORS
List Price
$445,000
Sold Price
$485,000
Premium/Discount to List
$40,000
8.99%
Total Days on Market
22
Views
140
Current Estimated Value
$633,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,202
Avg. Annual Appreciation
21.31%
Original Mortgage
$375,000
Outstanding Balance
$370,563
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$262,639

Purchase Details

Closed on
Jun 20, 2011
Sold by
Delpiano Caren A and Morris Brian D
Bought by
Brown Marlon and Brown Semelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2008
Sold by
Morris Brian D
Bought by
Morris Caren A and Morris Brian D

Range of Values:

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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
Jimenez Casimiro $485,000 Weichert Title
Brown Marlon $250,000 Or
Morris Caren A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Casimiro $375,000
Previous Owner Brown Marlon $243,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $485,000 +9.0% --
10/20/2023 10/20/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $445,000 -- --
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 $12,193 $373,100 $152,700 $231,700
2022 $11,947 $373,100 $0 $0
2021 $11,727 $373,100 $0 $0
2020 $11,547 $373,100 $0 $0
2019 $9,554 $240,000 $126,000 $114,000
2018 $9,514 $240,000 $126,000 $114,000
2017 $9,370 $240,000 $126,000 $114,000
2016 $9,264 $240,000 $126,000 $114,000
2015 $9,180 $240,000 $126,000 $114,000
2014 $8,362 $222,700 $126,000 $96,700
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3867130

Garden State MLS

APN: 02-01331-0000-00030