NOT LISTED FOR SALE

1126 Drake Ave Roselle, NJ 07203

Estimated Value: $731,762 - $927,000

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

Sale Details

Date Sold: April 1, 2020

Last sale price $423,750

Est. 90% increase in value since last sale

Current estimated payment $6,011 / mo

94 Days on Market

About This Home

As of April 2020

This home is located at 1126 Drake Ave, Roselle, NJ 07203 since 14 October 2019 and is currently estimated at $805,441. 1126 Drake Ave is a home located in Union County with nearby schools including Dr Charles C Polk School, Grace Wilday Junior High School, and Leonard V. Moore Middle School.

Last Agent to Sell the Property

LIM BANCES

LIM BANCES REALTY Brokerage Phone: 973-539-1120 Listed on: 10/14/2019

Last Buyer's Agent

LIM BANCES

LIM BANCES REALTY Brokerage Phone: 973-539-1120 Listed on: 10/14/2019

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4938208
  • Attribution Contact: 973-539-1120
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X80
  • Total Acres: 0.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Mar 16, 2020
Sold by
Bought by
Seller's Agent
LIM BANCES
LIM BANCES REALTY
Buyer's Agent
LIM BANCES
LIM BANCES REALTY
List Price
$480,000
Sold Price
$423,750
Premium/Discount to List
-$56,250
-11.72%
Current Estimated Value
$805,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,691
Avg. Annual Appreciation
10.79%
Original Mortgage
$344,000
Outstanding Balance
$304,080
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$501,361

Purchase Details

Closed on
Oct 10, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
Oct 3, 2018
Sold by
Bought by
Seller's Agent
LIM BANCES
LIM BANCES REALTY
Buyer's Agent
CARLOS RODRIGUES
DUARTE HOMES AGENCY LLC
List Price
$499,000
Sold Price
$275,000
Premium/Discount to List
-$224,000
-44.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%

Purchase Details

Closed on
Jan 31, 2017
Sold by
Bought by

Purchase Details

Listed on
Apr 20, 2015
Closed on
Apr 17, 2015
Sold by
Bought by
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$185,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$430,000 Chicago Title Insurance Co
-- Capital Abstract Co
$275,000 None Available
$429,000 1St Rate Title
$215,000 1St Rate Title
$525,000 --
$290,000 --
$155,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $344,000
Previous Owner $315,000
Previous Owner $185,000
Previous Owner $420,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2020 04/01/20 Sold $423,750 -11.7% --
01/16/2020 01/16/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $480,000 +74.5% --
10/12/2018 10/12/18 Sold $275,000 -44.9% -- View Prior Sale
03/30/2018 03/30/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $499,000 +132.1% --
04/20/2015 04/20/15 Sold $215,000 -- -- View Prior Sale
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,233 $232,700 $45,700 $187,000
2024 $19,726 $232,700 $45,700 $187,000
2023 $19,726 $232,700 $45,700 $187,000
2022 $19,863 $232,700 $45,700 $187,000
2021 $26,253 $309,400 $45,700 $263,700
2020 $22,541 $266,500 $45,700 $220,800
2019 $22,253 $266,500 $45,700 $220,800
2018 $22,130 $266,500 $45,700 $220,800
2017 $22,013 $266,500 $45,700 $220,800
2016 $21,528 $266,500 $45,700 $220,800
2015 $21,525 $266,500 $45,700 $220,800
2014 $20,926 $266,500 $45,700 $220,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LIM BANCES

    LIM BANCES REALTY

  • C

    Buyer's Agent in 2018

    CARLOS RODRIGUES

    DUARTE HOMES AGENCY LLC

  • A

    Buyer Co-Listing Agent in 2015

    ANA MARIA ARGOTE

    COLDWELL BANKER LIBERTY

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Map

Source: Garden State MLS

MLS Number: 3594510

Garden State MLS

APN: 14-01302-0000-00009

New Jersey Union County Roselle 07036

1126 Drake Ave, Roselle, NJ

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