NOT LISTED FOR SALE

221 Madison St Unit 1 Hoboken, NJ 07030

Estimated Value: $1,184,664 - $2,036,000

3 Beds
2 Baths
1,500 Sq Ft
1,481 Sq Ft Lot

Last Sold July 24, 2015

Last sale price $900,000 $600 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,641/month

65 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Terrace
  • Hoboken High School Rated A-
  • Wood Flooring
  • 1-minute walk to Madison Park

About This Home

As of July 2015

SPACIOUS, HANDSOMELY APPOINTED 3 BEDROOM UNIT WITH 2 CAR GARAGE PARKING IS A RARE FIND.OFFERING PRISTINE KITCHEN W/GRANITE COUNTERS & ADJOINING DINING ROOM, LARGE INVITING LIVING ROOM LEADING TO PATIO DECK AND YARD, HARDWOOD FLOORS, CENTRAL AIR, 2 FULL BATHS, KING-SIZED EN SUITE MASTER BEDROOM-THIS IS A TERRIFIC RESIDENCE! CONVENIENT DOWNTOWN LOCATION FOR EASY COMMUTING, SHOPPING AND FINE DINING

Last Agent to Sell the Property

Jill Biggs

COLDWELL BANKER REALTY License #0568727 Listed on: 05/01/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

Kelly Gallagher

PRESTIGE PROPERTIES License #1430547

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,736

Lot Details

  • 1,481

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Terrace

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: All personal property
  • Legal Lot and Block 00012 / 00039
  • Assessor Parcel Number 9127

Community Details

Overview

  • Association fees include water

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,736

Lot Details

0

Listing Details

  • Class: CONDO-COOP
  • Type: Condominium
  • Building Style: Contemporary
  • Exclusions: All personal property
  • Inclusions: Appliances & light fixtures as shown
  • Miscellaneous: Near Train, Near Shopping, Near Bus, Near Parks, Near Schools, Near Path
  • Assessor Parcel Number: 9127
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer, Oven/Range Gas
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Bedrooms: 3
  • Total Number Dining Rooms: 1
  • Total Number Kitchens: 1
  • Total Number Living Rooms: 1
  • Level 1 Number Bedrooms: 3
  • Level 1 Number Dining Rooms: 1
  • Level 1 Full Bathrooms: 2
  • Level1 Number Kitchens: 1
  • Level 1 Number Living Rooms: 1
  • Estimated Sq Ft: 1500

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Available: 2 Cars, Garage

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas

Association/Amenities

  • Amenities Included: Intercom, Terrace, Hardwood Floor

Condo/Co-op/Association

  • Maintenance Fee Includes: Water

Lot Info

  • Geo Address Line: 221 Madison St
  • Geo Primary City: Hoboken
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00012

Rental Info

  • Pets: Y

Tax Info

  • Year: 2014
  • Taxes: 10736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 24, 2015
Sold by
Speltz Matthew and Speltz Abigail
Bought by
Labombarda Frank and Labombarda Suzanne M
Seller's Agent
Jill Biggs
COLDWELL BANKER REALTY
Buyer's Agent
Kelly Gallagher
PRESTIGE PROPERTIES
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$1,448,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,416
Avg. Annual Appreciation
4.67%
Original Mortgage
$720,000
Outstanding Balance
$546,289
Interest Rate
3.11%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$902,127

Purchase Details

Closed on
Jun 30, 2010
Sold by
Teira Elizabeth
Bought by
Speltz Matthew and Speltz Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,600
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bellofatto Joseph and Shaw Diana Hu
Bought by
Teira Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Sherwood Jennifer
Bought by
Bellofatto Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Ralston M Garth and Schucht Scott E
Bought by
Sherwood Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Labombarda Frank $900,000 None Available
Speltz Matthew $647,000 --
Teira Elizabeth $657,000 None Available
Bellofatto Joseph $497,500 --
Sherwood Jennifer $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labombarda Frank $720,000
Previous Owner Speltz Matthew $517,600
Previous Owner Teira Elizabeth $525,600
Previous Owner Bellofatto Joseph $398,000
Previous Owner Sherwood Jennifer $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $900,000 +0.1% $600 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $899,000 0.0% $599 / Sq Ft
12/23/2013 12/23/13 Rented $4,000 0.0% --
12/23/2013 12/23/13 Under Contract -- -- --
12/15/2013 12/15/13 For Rent $4,000 -- --
Source: Hudson County 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 $12,362 $700,000 $193,300 $506,700
2024 $11,403 $700,000 $193,300 $506,700
2023 $11,403 $700,000 $193,300 $506,700
2022 $11,207 $700,000 $193,300 $506,700
2021 $11,200 $700,000 $193,300 $506,700
2020 $11,277 $700,000 $193,300 $506,700
2019 $11,193 $700,000 $193,300 $506,700
2018 $11,878 $751,800 $193,300 $558,500
2017 $11,969 $751,800 $193,300 $558,500
2016 $11,660 $751,800 $193,300 $558,500
2015 $11,254 $751,800 $193,300 $558,500
2014 $10,736 $751,800 $193,300 $558,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 150005627

Hudson County MLS

APN: 05-00039-0000-00012-0000-C0001