NOT LISTED FOR SALE

225 Drake Ave Roselle, NJ 07203

Estimated Value: $427,000 - $491,000

-- Bed
-- Bath
1,250 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 12, 2016

Last sale price $140,000 $112 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $3,092/month

288 Days on Market

About This Home

As of April 2016

This home is located at 225 Drake Ave, Roselle, NJ 07203 since 14 May 2015 and is currently estimated at $456,718, approximately $365 per square foot. This property was built in 1920. 225 Drake Ave is a home located in Union County with nearby schools including Harrison Elementary School, Leonard V. Moore Middle School, and Grace Wilday Junior High School.

Last Agent to Sell the Property

WILLIAM C COLLINS

ERA QUEEN CITY REALTY Brokerage Phone: 908-322-5454 Listed on: 05/14/2015

Last Buyer's Agent

ANTHONY DANATZKO

COLDWELL ROBERT MICHAEL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,156

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,156

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Union
  • Street Number Display: 225
  • I D: 4535744
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-322-5454
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
Angela Teron-Arroyo
Bought by
Lipshitz Shaindy
Current Estimated Value
$456,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
1.2%
Mortgage Type
Construction

Purchase Details

Listed on
May 14, 2015
Closed on
Apr 25, 2016
Sold by
Larry E Bethea
Bought by
Arroyo Angela Teron
Seller's Agent
WILLIAM C COLLINS
ERA QUEEN CITY REALTY
Buyer's Agent
ANTHONY DANATZKO
COLDWELL ROBERT MICHAEL REALTY
List Price
$142,900
Sold Price
$140,000
Premium/Discount to List
-$2,900
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$137,464
Interest Rate
3.59%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Reale Eugene A and Reale Frank J
Bought by
Bethea Larry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Lipshitz Shaindy $333,000 --
Arroyo Angela Teron -- --
Bethea Larry E $95,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipshitz Shaindy $375,000
Closed Lipshitz Shaindy $350,000
Previous Owner Arroyo Angela Teron $10,968
Previous Owner Arroyo Angela Teron $24,763
Previous Owner Teron Arroyo Angela $30,400
Previous Owner Arroyo Angela Teron $137,464
Previous Owner Arroyo Angela Teron --
Previous Owner Teron-Arroyo Angela $137,646
Previous Owner Bethea Larry E $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $140,000 -2.0% $112 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
05/14/2015 05/14/15 For Sale $142,900 -- $114 / 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 $8,156 $93,800 $56,000 $37,800
2024 $7,951 $93,800 $56,000 $37,800
2023 $7,951 $93,800 $56,000 $37,800
2022 $8,007 $93,800 $56,000 $37,800
2021 $7,959 $93,800 $56,000 $37,800
2020 $7,934 $93,800 $56,000 $37,800
2019 $7,832 $93,800 $56,000 $37,800
2018 $7,789 $93,800 $56,000 $37,800
2017 $7,748 $93,800 $56,000 $37,800
2016 $7,577 $93,800 $56,000 $37,800
2015 $7,576 $93,800 $56,000 $37,800
2014 $7,365 $93,800 $56,000 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3223058

Garden State MLS

APN: 14-00803-0000-00012