NOT LISTED FOR SALE

320 Madison Ave Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $630,000 - $769,971

-- Bed
4 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold February 06, 2020

Last sale price $400,000

Est. 77% increase in value since last sale

Current estimated payment $4,524/month

29 Days on Market

About This Home

As of February 2020

This home is located at 320 Madison Ave, Elizabeth, NJ 07201 since 05 November 2019 and is currently estimated at $709,993. This property was built in 2005. 320 Madison Ave is a home located in Union County with nearby schools including Number 2, Winfield Scott Elementary School and Elizabeth High School.

Last Agent to Sell the Property

ANAHI GOMEZ

REAL Brokerage Phone: 908-282-1234 Listed on: 11/05/2019

REAL

Last Buyer's Agent

ANAHI GOMEZ

REAL Brokerage Phone: 908-282-1234 Listed on: 11/05/2019

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,295

Year Built

  • Built in 2005

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,295

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Union
  • I D: 4943483
  • Attribution Contact: 908-282-1234
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 24.5X79.38
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Feb 6, 2020
Sold by
Lopez Henry
Bought by
Orellana Gelder F
Seller's Agent
ANAHI GOMEZ
REAL
Buyer's Agent
ANAHI GOMEZ
REAL
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$709,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,993
Avg. Annual Appreciation
10.40%
Original Mortgage
$392,755
Outstanding Balance
$345,261
Interest Rate
3.23%
Mortgage Type
FHA
Estimated Equity
$364,732

Purchase Details

Listed on
May 2, 2017
Closed on
Oct 30, 2017
Sold by
Mtglq Investor L P
Bought by
Lopez Henry
Seller's Agent
IAN A. WOLF
KELLER WILLIAMS METROPOLITAN
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.82%
Original Mortgage
$157,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2016
Sold by
Namba Kentaro and Sovereign Bank
Bought by
Mtglq Investment

Purchase Details

Closed on
Feb 14, 2005
Sold by
Quesada Gonzalo
Bought by
Namba Kentaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,690
Interest Rate
5.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Orellana Gelder F $400,000 Fidelity National Ttl Ins Co
Lopez Henry $210,000 None Available
Mtglq Investment $1,000 None Available
Namba Kentaro $350,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Gelder F $392,755
Previous Owner Lopez Henry $157,500
Previous Owner Namba Kentaro $332,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2020 02/06/20 Sold $400,000 0.0% --
12/04/2019 12/04/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $399,900 +90.4% --
10/30/2017 10/30/17 Sold $210,000 -2.3% -- View Prior Sale
09/27/2017 09/27/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $214,900 -- --
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 $9,295 $483,100 $130,100 $353,000
2024 $14,552 $483,100 $130,100 $353,000
2023 $14,552 $46,300 $12,600 $33,700
2022 $14,158 $46,300 $12,600 $33,700
2021 $13,866 $46,300 $12,600 $33,700
2020 $13,552 $46,300 $12,600 $33,700
2019 $13,346 $46,300 $12,600 $33,700
2018 $13,215 $46,300 $12,600 $33,700
2017 $12,847 $46,300 $12,600 $33,700
2016 $12,848 $46,300 $12,600 $33,700
2015 $12,084 $46,300 $12,600 $33,700
2014 $11,721 $46,300 $12,600 $33,700
Source: Public Records

Agents Affiliated with this Home

  • ANAHI GOMEZ

    Seller's Agent in 2020

    ANAHI GOMEZ

    REAL

    (908) 282-1234

    2 in this area

    39 Total Sales

    ANAHI GOMEZ
    Section Image

  • I

    Seller's Agent in 2017

    IAN A. WOLF

    KELLER WILLIAMS METROPOLITAN

See All Agents

Map

Source: Garden State MLS

MLS Number: 3599377

Garden State MLS

APN: 04-00012-0000-00610

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

320 Madison Ave, Elizabeth, NJ

Not Listed for Sale

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