NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,165,000

-- Bed
5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $712,000

Est. 39% increase in value since last sale

Current estimated payment $6,688/month

109 Days on Market

About This Home

As of October 2021

This home is located at 316 Port Ave, Elizabeth, NJ 07206 since 24 May 2021 and is currently estimated at $992,421. This property was built in 2018. 316 Port Ave is a home located in Union County with nearby schools including Benjamin Franklin School No. 13, Elizabeth High School, and The Patrick School.

Last Agent to Sell the Property

Juan Guzman

BREWSTER REALTY Brokerage Phone: 908-820-8888 Listed on: 05/24/2021

Co-Listed By

KELY LONDONO

BREWSTER REALTY Brokerage Phone: 908-820-8888

Last Buyer's Agent

KELY LONDONO

BREWSTER REALTY Brokerage Phone: 908-820-8888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,369

Year Built

  • Built in 2018

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,369

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Year Built: 2018
  • County Name: Union
  • Street Number Display: 316
  • I D: 5074399
  • Modified: 2022-10-09
  • Number Images: 1
  • Attribution Contact: 908-820-8888
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X100
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 20, 2021
Sold by
Penafiel Paul E Guillen
Bought by
Rodriguez Francisco A
Seller's Agent
Juan Guzman
BREWSTER REALTY
Buyer's Agent
KELY LONDONO
BREWSTER REALTY
List Price
$700,000
Sold Price
$712,000
Premium/Discount to List
$12,000
1.71%
Current Estimated Value
$992,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,421
Avg. Annual Appreciation
9.01%
Original Mortgage
$699,103
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 19, 2018
Sold by
Classic Tile Inc
Bought by
Guillen Paul E
Seller's Agent
LEONEL BEXIGA
TOP CHOICE REALTY NETWORK
Buyer's Agent
Richard Cabezas
VISION REALTY
List Price
$479,000
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$455,577
Interest Rate
4.6%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Rodriguez Francisco A $712,000 Liberty Abstract Inc
Guillen Paul E $479,000 Classic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Francisco A $699,103
Previous Owner Lara Andre L $480,208
Previous Owner Penafiel Paul E Guillen $455,427
Previous Owner Guillen Paul E $455,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $712,000 +1.7% --
09/10/2021 09/10/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $700,000 +46.1% --
10/19/2018 10/19/18 Sold $479,000 0.0% --
08/29/2018 08/29/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $479,000 -- --
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
2024 $15,369 $752,800 $150,000 $602,800
2023 $15,369 $48,900 $4,200 $44,700
2022 $14,953 $48,900 $4,200 $44,700
2021 $14,645 $48,900 $4,200 $44,700
2020 $14,314 $48,900 $4,200 $44,700
2019 $1,211 $48,900 $4,200 $44,700
2018 $1,199 $4,200 $4,200 $0
2017 $1,165 $4,200 $4,200 $0
2016 $1,165 $4,200 $4,200 $0
2015 $1,096 $4,200 $4,200 $0
2014 $1,063 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3714858

Garden State MLS

APN: 04-00001-0000-00414-A10