NOT LISTED FOR SALE

1041 Magnolia Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $418,936 - $561,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 08, 2019

Last sale price $125,000

Est. 309% increase in value since last sale

Current estimated payment $3,203/month

12 Days on Market

About This Home

As of February 2019

This home is located at 1041 Magnolia Ave, Elizabeth, NJ 07201 since 10 October 2018 and is currently estimated at $510,984. This property was built in 1900. 1041 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

ALEXIS RODRIGUEZ

TERRA REALTORS Brokerage Phone: 908-527-1711 Listed on: 10/10/2018

Last Buyer's Agent

ALEXIS RODRIGUEZ

TERRA REALTORS Brokerage Phone: 908-527-1711 Listed on: 10/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • 1900

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

1900

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 1041
  • I D: 4844545
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Lot Info

  • Lot Size: 24X115
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Jan 28, 2019
Sold by
Fortes Barbara J and Estate Of Jean B Palmore
Bought by
Card Properties Llc
Seller's Agent
ALEXIS RODRIGUEZ
TERRA REALTORS
Buyer's Agent
ALEXIS RODRIGUEZ
TERRA REALTORS
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%
Total Days on Market
12
Current Estimated Value
$510,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,984
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Hicks Gregory L
Bought by
Fortes Barbara J
Source: Public Records

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Range of Values:

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Average Value
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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
Card Properties Llc $122,000 Stewart Title Guaranty Co
Fortes Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Card Properties Llc $280,000
Closed Card Properties Llc $232,000
Previous Owner Fortes Barbara J $130,000
Previous Owner Fortes Barbara J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $125,000 +8.7% --
10/22/2018 10/22/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $115,000 -- --
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 $4,117 $361,800 $154,800 $207,000
2023 $4,117 $13,100 $6,400 $6,700
2022 $4,006 $13,100 $6,400 $6,700
2021 $3,923 $13,100 $6,400 $6,700
2020 $3,835 $13,100 $6,400 $6,700
2019 $3,776 $13,100 $6,400 $6,700
2018 $3,739 $13,100 $6,400 $6,700
2017 $3,635 $13,100 $6,400 $6,700
2016 $3,635 $13,100 $6,400 $6,700
2015 $3,419 $13,100 $6,400 $6,700
2014 $3,316 $13,100 $6,400 $6,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    ALEXIS RODRIGUEZ

    TERRA REALTORS

    1 in this area

    26 Total Sales

    ALEXIS RODRIGUEZ
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Map

Source: Garden State MLS

MLS Number: 3508161

Garden State MLS

APN: 04-00008-0000-01250-A

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1041 Magnolia Ave, Elizabeth, NJ

This home is located at 1041 Magnolia Ave, Elizabeth, NJ 07201 since 10 October 2018 and is currently estimated at $510,984. This property was built in 1900. 1041 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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