$515,000
SOLD FEB 4, 2020

1035 Magnolia Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood
-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

2% Below List Price

190 Days on Market

About This Home

As of April 2024

This home is located at 1035 Magnolia Ave, Elizabeth, NJ 07201 and is currently priced at $515,000. 1035 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

ANTONIO COSTA

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 908-289-7746 Listed on: 06/13/2019

Last Buyer's Agent

Edward McCall

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,951

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,951

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1035
  • I D: 4906454
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-289-7746
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X114
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 18, 2024
Sold by
Duka Alma and Duka Adzi
Bought by
Rodriguez Francisco A
Seller's Agent
ALEXANDER POSSO
SIGNATURE REALTY NJ
Buyer's Agent
Tatiana Galvan
REAL
List Price
$779,000
Sold Price
$785,000
Premium/Discount to List
$6,000
0.77%
Views
34
Current Estimated Value
$801,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,731
Avg. Annual Appreciation
1.48%
Original Mortgage
$745,750
Outstanding Balance
$734,650
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$67,081

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jan 21, 2020
Sold by
O V Builders Llc
Bought by
Duka Artzi and Duka Bejtule
Seller's Agent
ANTONIO COSTA
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
Edward McCall
EXP REALTY, LLC
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$412,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2019
Sold by
Mas Capital Llc
Bought by
Ov Builders Llc

Purchase Details

Closed on
Apr 11, 2003
Sold by
Melsy Builders Llc
Bought by
Brito Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,269
Interest Rate
5.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2002
Sold by
Coimbra Silvino
Bought by
Coimbra Silvino
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $785,000 Main Street Title
Deed $785,000 Main Street Title
Deed $515,000 Westcor Land Title Ins Co
Deed $140,000 None Available
Deed $360,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $745,750 New Conventional
Closed $745,750 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $430,000 Adjustable Rate Mortgage/ARM
Previous Owner $15,000 Unknown
Previous Owner $354,269 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $785,000 +0.8% --
02/19/2024 02/19/24 Pending -- -- --
01/28/2024 01/28/24 For Sale $779,000 +51.3% --
02/04/2020 02/04/20 Sold $515,000 -1.9% --
12/20/2019 12/20/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $525,000 -- --
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 $2,951 $153,400 $153,400 $537,300
2024 $3,960 $153,400 $153,400 $537,300
2023 $3,853 $12,600 $0 $0
2022 $3,853 $12,600 $0 $0
2021 $3,773 $12,600 $0 $0
2020 $3,688 $12,600 $12,600 $0
2019 $3,632 $12,600 $12,600 $0
2018 $3,596 $12,600 $12,600 $0
2017 $3,496 $12,600 $12,600 $0
2016 $3,496 $12,600 $12,600 $0
2015 $11,640 $44,600 $12,600 $32,000
2014 $11,291 $44,600 $12,600 $32,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ALEXANDER POSSO

    SIGNATURE REALTY NJ

  • T

    Buyer's Agent in 2024

    Tatiana Galvan

    REAL

    (201) 988-0840

    1 in this area

    11 Total Sales

    Tatiana Galvan
    Section Image

  • A

    Seller's Agent in 2020

    ANTONIO COSTA

    EXIT REALTY LUCKY ASSOCIATES

  • E

    Buyer's Agent in 2020

    Edward McCall

    EXP REALTY, LLC

    (646) 320-9670

    23 Total Sales

    Edward McCall
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3565119

Garden State MLS

APN: 04-00008-0000-01248-A

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1035 Magnolia Ave, Elizabeth, NJ

This home is located at 1035 Magnolia Ave, Elizabeth, NJ 07201 and is currently priced at $515,000. 1035 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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