NOT LISTED FOR SALE

1025 E Grand St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $831,267 - $1,088,000

-- Bed
5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold July 11, 2023

Last sale price $820,000

Est. 18% increase in value since last sale

Current estimated payment $6,847/month

10 Days on Market

About This Home

As of July 2023

This home is located at 1025 E Grand St, Elizabeth, NJ 07201 since 10 May 2023 and is currently estimated at $964,567. This property was built in 2017. 1025 E Grand St is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School, Elizabeth High School, and JVJ STEM Academy - School No. 92.

Last Listed By

JOHANNA RIVERA

REALTY EXECUTIVES PROPERTY SQUAD Brokerage Phone: 973-601-7000 Listed on: 05/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,381

Year Built

  • Built in 2017

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,381

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Year Built: 2017
  • County Name: Union
  • Street Number Display: 1025
  • I D: 5220004
  • Modified: 2024-07-12
  • Number Images: 1
  • Attribution Contact: 973-601-7000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 5, 2023
Sold by
Urgiles Henry G and Urgiles Kelly J
Bought by
Folake Akinmusayo
Seller's Agent
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
Buyer's Agent
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
List Price
$774,900
Sold Price
$820,000
Premium/Discount to List
$45,100
5.82%
Total Days on Market
10
Views
394
Current Estimated Value
$964,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,567
Avg. Annual Appreciation
9.02%
Original Mortgage
$805,147
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2017
Closed on
Nov 9, 2017
Sold by
Flamingo Bulders Llc
Bought by
Urgiles Henry G
Seller's Agent
Joseph Menza
MENZA REALTY
Buyer's Agent
NORMA BONILLA
PROMINENT PROPERTIES SIR
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-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
11.60%
Original Mortgage
$432,030
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2010
Sold by
Teixeira Armindo
Bought by
Flamingo Builders Llc

Purchase Details

Closed on
Jan 28, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Teixeira Armindo

Purchase Details

Closed on
Oct 14, 2009
Sold by
Nelson Leroy
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 21, 2005
Sold by
Sunshine Homes Inc
Bought by
Nelson Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
7.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2005
Sold by
Small William
Bought by
Sunshine Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.77%
Mortgage Type
Unknown

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
Folake Akinmusayo $820,000 Westcor Land Title
Urgiles Henry G $440,000 Foundation Title Llc
Flamingo Builders Llc $40,000 Innovative Title Agency
Teixeira Armindo $24,750 Innovative Title Agency
Deutsche Bank National Trust Company -- None Available
Nelson Leroy $330,000 --
Sunshine Homes Inc $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinnusi Olalekan $39,051
Previous Owner Folake Akinmusayo $805,147
Previous Owner Urgiles Henry G $200,000
Previous Owner Urgiles Henry G $340,000
Previous Owner Urgiles Henry G $432,030
Previous Owner Nelson Leroy $313,500
Previous Owner Sunshine Homes Inc $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $820,000 +5.8% --
05/20/2023 05/20/23 For Sale $774,900 +76.1% --
11/09/2017 11/09/17 Sold $440,000 -2.0% --
05/22/2017 05/22/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $449,000 -- --
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 $17,381 $738,000 $165,000 $573,000
2023 $17,381 $55,300 $11,300 $44,000
2022 $3,455 $11,300 $0 $0
2021 $3,384 $11,300 $0 $0
2020 $2,474 $11,300 $0 $0
2019 $3,257 $50,600 $11,300 $39,300
2018 $3,225 $11,300 $11,300 $0
2017 $3,135 $11,300 $11,300 $0
2016 $3,136 $11,300 $11,300 $0
2015 $2,949 $11,300 $11,300 $0
2014 $2,861 $11,300 $11,300 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOHANNA RIVERA

    REALTY EXECUTIVES PROPERTY SQUAD

  • Joseph Menza

    Seller's Agent in 2017

    Joseph Menza

    MENZA REALTY

    (973) 699-0222

    63 Total Sales

    Joseph Menza
    Section Image

  • N

    Buyer's Agent in 2017

    NORMA BONILLA

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3842858

Garden State MLS

APN: 04-00008-0000-00499

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1025 E Grand St, Elizabeth, NJ

Homes for Sale in Elizabeth, NJ

This home is located at 1025 E Grand St, Elizabeth, NJ 07201 since 10 May 2023 and is currently estimated at $964,567. This property was built in 2017. 1025 E Grand St is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School, Elizabeth High School, and JVJ STEM Academy - School No. 92.

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