NOT LISTED FOR SALE

1111 Magnolia Ave Unit 1 Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $476,000 - $625,000

3 Beds
2 Baths
1,720 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $126,025 $73 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $3,386/month

14 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Patio
  • Elizabeth High School Rated A
  • Formal Dining Room
  • Storage Room

About This Home

As of June 2018

Beautiful large brick home. Need little TLC. Entry Foyer leading into open LR, DR, Kitchen and bathroom. Fire place in Living Room. 1st floor hardware throughout. 2nd floor has three bedrooms and bathroom.Additional two rooms in walk up attic. Unfinished basement. Own this home with only $100 down payment! $100 down, w/ any FHA loan type! Ask us for more details! HUD Home. Sold 'AS IS' by elec. bid only. Prop avail 05-04-18. Bids due by 05-13-18 11:59 PM C.T. then daily until sold. Insured Escrow (IE). BLB Resources makes no warranty as to condition of property. Buyer to verify all info.

Last Agent to Sell the Property

Paresh Patel

EXP REALTY, LLC Listed on: 05/04/2018

EXP REALTY, LLC

Co-Listed By

CARLOS ALEX JESUS

EXIT GOLDEN REALTY GROUP LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,022

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,720 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Front Basement Entry

Outdoor Features

  • Patio

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2904-00012-0000-00914-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,022

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1910
  • Year Built Description: Approximate
  • County Name: Union
  • Directions: Between Jefferson & Madison Avenue
  • I D: 4800211
  • First Name: PARESH
  • First Name2: CARLOS ALEX
  • First Name3: UNKNOWN
  • Last Name: PATEL
  • Last Name2: JESUS
  • Last Name3: AGENT
  • Office Phone: 866-201-6210
  • Office Phone2: 201-997-4425
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Attic
  • Level 1 Rooms: Living Room, Dining Room, Entrance Vestibule, Bath(s) Other, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic, Storage Room
  • Estimated Sq Ft: 1720
  • Phone: 201-997-4425

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio, Wood Fence
  • Roof Description: Built-Up

Garage/Parking

  • Parking Driveway Description: Off-Street Parking

Utilities

  • Fuel Type: OilAbIn, Electric, Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 25X121
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Rental Info

  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5022
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00012-0000-00914-0000-
  • Tax Rate Amount: 27.747
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Fajardo Madeline G and Pareja Henry
Bought by
1111 Magnolia Avenue Llc
Current Estimated Value
$524,110

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 25, 2018
Sold by
Secretary Of Housing And Urban Developme
Bought by
Fajardo Madeline G
Seller's Agent
Paresh Patel
EXP REALTY, LLC
List Price
$90,000
Sold Price
$126,025
Premium/Discount to List
$36,025
40.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.21%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Village Capital And Investment Llc
Bought by
Secretarhy Of Housing And Urban Developm

Purchase Details

Closed on
Jan 11, 2017
Sold by
Secretary Of Hud
Bought by
Village Capital And Investment Llc

Purchase Details

Closed on
May 12, 2016
Sold by
Union County Sheriff
Bought by
Sec Of Hud Of Washington Dc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1111 Magnolia Avenue Llc -- Advanced Title
Fajardo Madeline G $126,025 Elite Title Group Llc
Secretarhy Of Housing And Urban Developm -- None Available
Village Capital And Investment Llc -- None Available
Village Capital And Investment Llc -- Meridian Title Corp
Sec Of Hud Of Washington Dc $1,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2018 06/27/18 Sold $126,025 +40.0% $73 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $90,000 -- $52 / Sq Ft
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 $7,486 $389,100 $143,400 $245,700
2024 $5,689 $389,100 $143,400 $245,700
2023 $5,689 $18,100 $8,100 $10,000
2022 $5,535 $18,100 $8,100 $10,000
2021 $5,421 $18,100 $8,100 $10,000
2020 $5,298 $18,100 $8,100 $10,000
2019 $5,217 $18,100 $8,100 $10,000
2018 $5,166 $18,100 $8,100 $10,000
2017 $5,022 $18,100 $8,100 $10,000
2016 $5,023 $18,100 $8,100 $10,000
2015 $4,724 $18,100 $8,100 $10,000
2014 $4,582 $18,100 $8,100 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Paresh Patel

    Seller's Agent in 2018

    Paresh Patel

    EXP REALTY, LLC

    (201) 952-1432

    12 Total Sales

    Paresh Patel
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    CARLOS ALEX JESUS

    EXIT GOLDEN REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3467923

Garden State MLS

APN: 04-00012-0000-00914

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

1111 Magnolia Ave Unit 1, Elizabeth, NJ

Not Listed for Sale

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