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303 Milltown Road

303 Milltown Road, Springfield, NJ 07081
Property in Union
Sold Jul 19, 2017
$414,000
$314,000 by Paramount Residential Mortgage
Mortgage Due Aug 01, 2047
Sold Jul 27, 1995
$205,000
303 Milltown Road has been categorized by the local assessors in Springfield, NJ as a residential type of property. The building on the property was first built in 1959 and is 65 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 303 Milltown Road has 1,680 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,280 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The exterior walls of the building are made of wood. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 303 Milltown Road sold most recently in Jul 7, 2017 for a total of $414,000. If you work out the math, that's approximately a cost of $246.43 per sqft. Before that, the property was also sold for $205,000 in Jul 24, 1995. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,297 in taxes each year. 303 Milltown Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $569,200. If we break it down further, the land itself was valued at $230,100. Improvements to the property, however, were assessed at a total of $339,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,280
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAGUA DOUGLAS
  • Current Owner 2: LAGUA PATRICIA
  • Previous Owner : STRUMPF JEFFREY M
  • Previous Owner 2: STRUMPF SUSAN S
  • Owner Before Previous Owner: MOLINARI SAMUEL C
  • Owner Before Previous Owner 2: MOLINARI KATHLEEN F
  • Ownership Rights Codes: Irrevocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Springfield Township School District
  • Census Tract: 037602

Geography

  • District: 17
  • Parcel: 17 01909-0000-00022
  • Block: 1909
  • Lot: 22
  • Municipality: SPRINGFIELD TWP
  • Latitude: 40.6957
  • Longitude: -74.3128

    Address

  • Full Address: 303 Milltown Rd
  • Address - House Number: 303
  • Address - Street Name: Milltown
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Springfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2420
  • Zip Code: 07081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,297

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 668,310
  • High Value: 816,337
  • Low Value: 520,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 19, 2017
  • First Open Lien Mortgage Loan Amount: $314,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $569,200
  • Market Land Value: $230,100
  • Market Improvement Value: $339,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,200
  • Assessed Land Value: $230,100
  • Assessed Improvements Value: $339,100

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Jul 19, 2017
  • Current Sale Transaction ID: 1590270283
  • Current Sale Price: $414,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 288890
  • Previous Sale Recording Date: Jul 27, 1995
  • Previous Sale Contract Date: Jul 24, 1995
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 19, 2017
  • First Mortgage Loan Amount: $314,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 303 Milltown Road located in?
The 303 Milltown Road is a located in the neighborhood of Union in Union, Springfield.
What is the average sales price for listings in 303 Milltown Road?
The average sales price for units in 303 Milltown Road is $0 currently.

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