$97,000
SOLD JUN 28, 2017

122 W Cherry St Rahway, NJ 07065

-- Bed
-- Bath
1,934 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

7% Below List Price

1 Day on Market

About This Home

As of November 2018

This home is located at 122 W Cherry St, Rahway, NJ 07065 and is currently priced at $97,000, approximately $50 per square foot. 122 W Cherry St is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Brokerage Phone: 908-322-5454 Listed on: 04/23/2017

Last Buyer's Agent

Bill Flagg

ERA QUEEN CITY REALTY Brokerage Phone: 908-322-5454 Listed on: 04/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,770

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,770

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 122
  • I D: 4707614
  • Modified: 2018-06-29
  • Number Images: 1
  • Attribution Contact: 908-322-5454
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 32X116
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Malcolm Wyatt
Bought by
Malcolm Wyatt and Brown Esperancia
Current Estimated Value
$600,641

Purchase Details

Listed on
Nov 5, 2018
Closed on
Nov 5, 2018
Sold by
Eid Investors Llc
Bought by
Malcolm Wyatt
Seller's Agent
Steve Seqeira
RE/MAX SELECT
Buyer's Agent
Steve Seqeira
RE/MAX SELECT
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$421,229
Outstanding Balance
$375,068
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$225,573

Purchase Details

Listed on
Apr 23, 2017
Closed on
Aug 16, 2017
Sold by
Spd 531 Llc
Bought by
Eid Investors Llc
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$104,000
Sold Price
$97,000
Premium/Discount to List
-$7,000
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
198.38%

Purchase Details

Listed on
Apr 23, 2017
Closed on
May 5, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Spd 531 Llc
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Bill Flagg
ERA QUEEN CITY REALTY
List Price
$104,000
Sold Price
$97,000
Premium/Discount to List
-$7,000
-6.73%

Purchase Details

Closed on
May 23, 2016
Sold by
Union County Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 31, 2005
Sold by
Garay Antonio
Bought by
Fernandes Agnelo Ivon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.84%
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
Interfamily Deed Transfer -- None Available
Deed $429,000 Land Quest Title Llc
Deed $118,000 None Available
Special Warranty Deed $97,000 Prestige New Jersey Tite Age
Quit Claim Deed $1,000 --
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,496 FHA
Open $421,229 FHA
Previous Owner $268,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $429,000 0.0% $222 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $429,000 +342.3% $222 / Sq Ft
06/28/2017 06/28/17 Sold $97,000 -6.7% $50 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/23/2017 04/23/17 For Sale $104,000 -- $54 / 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
2024 $13,770 $192,000 $46,700 $145,300
2023 $13,770 $192,000 $46,700 $145,300
2022 $13,482 $192,000 $46,700 $145,300
2021 $13,346 $192,000 $46,700 $145,300
2020 $13,296 $192,000 $46,700 $145,300
2019 $6,160 $90,100 $46,700 $43,400
2018 $6,030 $90,100 $46,700 $43,400
2017 $8,532 $130,700 $46,700 $84,000
2016 $8,350 $130,700 $46,700 $84,000
2015 $8,256 $130,700 $46,700 $84,000
2014 $8,109 $130,700 $46,700 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3381856

Garden State MLS

APN: 13-00148-0000-00013