23 Melrose Terrace Elizabeth, NJ 07208
Elmora NeighborhoodEstimated Value: $552,699 - $611,000
--
Bed
--
Bath
1,534
Sq Ft
$383/Sq Ft
Est. Value
About This Home
This home is located at 23 Melrose Terrace, Elizabeth, NJ 07208 and is currently estimated at $587,675, approximately $383 per square foot. 23 Melrose Terrace is a home located in Union County with nearby schools including No 27 Dr Antonio Pantoja, Elizabeth High School, and Jewish Educational Center Lower School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2011
Sold by
Ramirez Pedro and Ramirez Ivette
Bought by
Patti Carmelo and Patti Phyllis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,789
Outstanding Balance
$164,202
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$423,473
Purchase Details
Closed on
Jul 20, 1998
Sold by
Hojnoski Joseph V and Hojnoski Helen R
Bought by
Ramirez Pedro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.99%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Patti Carmelo | $245,000 | None Available | |
Ramirez Pedro | $135,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Patti Carmelo | $238,789 | |
Previous Owner | Ramirez Pedro | $128,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,327 | $380,800 | $201,200 | $179,600 |
2024 | $9,178 | $380,800 | $201,200 | $179,600 |
2023 | $9,178 | $29,200 | $9,800 | $19,400 |
2022 | $8,929 | $29,200 | $9,800 | $19,400 |
2021 | $8,745 | $29,200 | $9,800 | $19,400 |
2020 | $8,547 | $29,200 | $9,800 | $19,400 |
2019 | $8,417 | $29,200 | $9,800 | $19,400 |
2018 | $8,335 | $29,200 | $9,800 | $19,400 |
2017 | $8,102 | $29,200 | $9,800 | $19,400 |
2016 | $8,103 | $29,200 | $9,800 | $19,400 |
2015 | $7,621 | $29,200 | $9,800 | $19,400 |
2014 | $7,392 | $29,200 | $9,800 | $19,400 |
Source: Public Records
Map
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