$464,000
SOLD MAY 3, 2018

1033 Magnolia Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood
-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

1% Above List Price

35 Days on Market

About This Home

As of May 2018

This home is located at 1033 Magnolia Ave, Elizabeth, NJ 07201 and is currently priced at $464,000. 1033 Magnolia Ave is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

Last Agent to Sell the Property

Pedro Oliveira

RE/MAX IN ACTION Brokerage Phone: 908-558-2727 Listed on: 01/15/2018

RE/MAX IN ACTION

Last Buyer's Agent

ANAHI GOMEZ

REAL

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,354

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,354

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1033
  • I D: 4770515
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-558-2727
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X113
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Apr 30, 2018
Sold by
Repousis Dennis
Bought by
Majano Ivan A
Seller's Agent
Pedro Oliveira
RE/MAX IN ACTION
Buyer's Agent
ANAHI GOMEZ
REAL
List Price
$459,000
Sold Price
$464,000
Premium/Discount to List
$5,000
1.09%
Current Estimated Value
$821,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,225
Avg. Annual Appreciation
8.07%
Original Mortgage
$455,595
Outstanding Balance
$390,916
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$430,310

Purchase Details

Listed on
Jan 14, 2017
Closed on
May 8, 2017
Sold by
Pryce Kayon and Pryce Shellon
Bought by
Repousis Dennis
Seller's Agent
RAFAEL FAJARDO
FAJARDO REALTY GROUP
Buyer's Agent
RAFAEL FAJARDO
FAJARDO REALTY GROUP
List Price
$90,000
Sold Price
$66,000
Premium/Discount to List
-$24,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
603.03%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Costa Roney and Da Costa Karen
Bought by
Pryce Kayon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2003
Sold by
Melsy Builders Llc
Bought by
Costa Roney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,369
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2002
Sold by
Coimbra Silvino
Bought by
Melsy Builders Llc

Purchase Details

Closed on
Aug 10, 2001
Sold by
Elhassan Reinaldo
Bought by
Coimbra Silvino

Purchase Details

Closed on
Jun 11, 2001
Sold by
Elhassan Reinaldo
Bought by
Elhassan Reinaldo

Purchase Details

Closed on
Aug 29, 2000
Sold by
Elhassan Reinaldo
Bought by
Elhassan Reinaldo

Purchase Details

Closed on
Nov 23, 1999
Sold by
Andriola Joseph and Andriola Joseph
Bought by
Elhassan Reinaldo
Source: Public Records

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 Type Sale Price Title Company
Deed $464,000 Westcor Land Title Ins Co
Deed $66,000 Fidelity Nat Title Ins Co
Deed $210,000 None Available
Deed $360,000 --
Deed $350,000 --
Bargain Sale Deed $130,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,595 FHA
Previous Owner $203,010 FHA
Previous Owner $206,196 FHA
Previous Owner $75,000 Credit Line Revolving
Previous Owner $354,369 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $464,000 +1.1% --
02/19/2018 02/19/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $459,000 +595.5% --
05/04/2017 05/04/17 Sold $66,000 -26.7% --
03/25/2017 03/25/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $90,000 -- --
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
2025 $12,354 $642,100 $153,400 $488,700
2024 $15,872 $642,100 $153,400 $488,700
2023 $4,036 $13,200 $0 $0
2022 $4,036 $13,200 $0 $0
2021 $3,953 $13,200 $0 $0
2020 $2,890 $13,200 $0 $0
2019 $3,805 $50,500 $13,200 $37,300
2018 $3,768 $13,200 $13,200 $0
2017 $3,663 $13,200 $13,200 $0
2016 $3,663 $13,200 $13,200 $0
2015 $10,440 $40,000 $13,200 $26,800
2014 $11,291 $44,600 $13,200 $31,400
Source: Public Records

Agents Affiliated with this Home

  • Pedro Oliveira

    Seller's Agent in 2018

    Pedro Oliveira

    RE/MAX

    (908) 403-1424

    6 in this area

    146 Total Sales

    Pedro Oliveira
    Section Image
  • ANAHI GOMEZ

    Buyer's Agent in 2018

    ANAHI GOMEZ

    REAL

    (908) 282-1234

    2 in this area

    37 Total Sales

    ANAHI GOMEZ
    Section Image

  • R

    Seller's Agent in 2017

    RAFAEL FAJARDO

    FAJARDO REALTY GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3440051

Garden State MLS

APN: 04-00008-0000-01247

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1033 Magnolia Ave, Elizabeth, NJ

This home is located at 1033 Magnolia Ave, Elizabeth, NJ 07201 and is currently priced at $464,000. 1033 Magnolia Ave is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

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