NOT LISTED FOR SALE

255 Magnolia Ave Unit 2 Elizabethport, NJ 07206

Elizabethport Neighborhood

Estimated Value: $468,000 - $692,000

-- Bed
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold March 17, 2022

Last sale price $480,000

Est. 27% increase in value since last sale

Current estimated payment $3,917/month

81 Days on Market

About This Home

As of March 2022

This home is located at 255 Magnolia Ave Unit 2, Elizabethport, NJ 07206 since 08 October 2021 and is currently estimated at $608,080. 255 Magnolia Ave Unit 2 is a home located in Union County with nearby schools including George Washington School No. 1, Elizabeth High School, and The Patrick School.

Last Agent to Sell the Property

LAVERNE JACKSON

CENTURY 21 REAL ESTATE GROUP Brokerage Phone: 908-322-2901 Listed on: 10/08/2021

Last Buyer's Agent

Suselle Salermo

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,806

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,806

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5107519
  • Attribution Contact: 908-322-2901
  • 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

Listed on
Oct 8, 2021
Closed on
Jan 26, 2022
Sold by
Wilson Anthony S
Bought by
Avila-Reinoso Raul E
Seller's Agent
LAVERNE JACKSON
CENTURY 21 REAL ESTATE GROUP
Buyer's Agent
Suselle Salermo
RE/MAX FIRST REALTY II
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$608,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,080
Avg. Annual Appreciation
6.75%
Original Mortgage
$360,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Wilson Sharon M
Bought by
Wilson Anthony S
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Avila-Reinoso Raul E $480,000 Fidelity National Title
Avila-Reinoso Raul E $480,000 Fidelity National Title
Wilson Anthony S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avila-Reinoso Raul E $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $480,000 -1.0% --
12/28/2021 12/28/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $485,000 -- --
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 $8,806 $457,700 $180,000 $277,700
2024 $8,203 $457,700 $180,000 $277,700
2023 $8,203 $26,100 $9,000 $17,100
2022 $7,981 $26,100 $9,000 $17,100
2021 $7,816 $26,100 $9,000 $17,100
2020 $7,640 $26,100 $9,000 $17,100
2019 $7,523 $26,100 $9,000 $17,100
2018 $7,450 $26,100 $9,000 $17,100
2017 $7,242 $26,100 $9,000 $17,100
2016 $7,242 $26,100 $9,000 $17,100
2015 $6,812 $26,100 $9,000 $17,100
2014 $6,607 $26,100 $9,000 $17,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LAVERNE JACKSON

    CENTURY 21 REAL ESTATE GROUP

  • Suselle Salermo

    Buyer's Agent in 2022

    Suselle Salermo

    RE/MAX

    (908) 418-0577

    6 in this area

    255 Total Sales

    Suselle Salermo
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Map

Source: Garden State MLS

MLS Number: 3745283

Garden State MLS

APN: 04-00001-0000-00316

New Jersey Union County Elizabeth 07206 Elizabethport

255 Magnolia Ave Unit 2, Elizabeth, NJ

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