$325,000
SOLD APR 14, 2015

397 Russell Ave Rahway, NJ 07065

3 Beds
2 Baths
1,248 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

0 Day on Market

About This Home

As of April 2018

This home is located at 397 Russell Ave, Rahway, NJ 07065 and is currently priced at $325,000, approximately $260 per square foot. This property was built in 1955. 397 Russell Ave is a home located in Union County with nearby schools including Rahway High School and St John Vianney Elementary School.

Last Agent to Sell the Property

MARIA DIMOPOULOS

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 04/14/2015

Last Buyer's Agent

Michele Chiles-Hickman

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,056

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,056

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • Street Number Display: 397
  • I D: 4483129
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X150
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 30, 2018
Sold by
Hemphil John T W and Hemphil Jennifer N
Bought by
Miller Christian S and Miller Young A
Seller's Agent
Michele Chiles-Hickman
BHHS FOX & ROACH
Buyer's Agent
Jai Lee
RE/MAX WELCOME HOME
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$567,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,093
Avg. Annual Appreciation
7.19%
Original Mortgage
$270,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2015
Closed on
Apr 14, 2015
Sold by
Mehl Timothy John and Mehl Nickie C
Bought by
Hemphill John T W and Hemphill Jennifer N
Seller's Agent
MARIA DIMOPOULOS
WEICHERT REALTORS
Buyer's Agent
Michele Chiles-Hickman
BHHS FOX & ROACH
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$308,750
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2009
Sold by
Mehl Timothy John and Mehl Nickie C
Bought by
Mehl Timothy John and Mehl Nickie C

Purchase Details

Closed on
Oct 24, 2008
Sold by
Enda Robert and Aragones Lillian
Bought by
Mehl Timothy John and Karayiannidis Nickie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,759
Interest Rate
5.94%
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 Type Sale Price Title Company
Deed $340,000 Multiple
Bargain Sale Deed $325,000 Multiple
Interfamily Deed Transfer -- Ticor Title Insurance Co
Bargain Sale Deed $322,500 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,000 New Conventional
Closed $270,000 New Conventional
Previous Owner $308,750 New Conventional
Previous Owner $310,995 FHA
Previous Owner $311,542 FHA
Previous Owner $320,759 FHA
Previous Owner $242,506 New Conventional
Previous Owner $12,000 Stand Alone Second
Previous Owner $167,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $340,000 +1.5% $262 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $335,000 +3.1% $258 / Sq Ft
04/14/2015 04/14/15 Sold $325,000 -- $260 / 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 $11,056 $149,300 $68,100 $81,200
2024 $10,708 $149,300 $68,100 $81,200
2023 $10,708 $149,300 $68,100 $81,200
2022 $10,484 $149,300 $68,100 $81,200
2021 $10,378 $149,300 $68,100 $81,200
2020 $10,339 $149,300 $68,100 $81,200
2019 $10,208 $149,300 $68,100 $81,200
2018 $9,993 $149,300 $68,100 $81,200
2017 $9,746 $149,300 $68,100 $81,200
2016 $9,539 $149,300 $68,100 $81,200
2015 $9,431 $138,400 $68,100 $70,300
2014 $8,586 $138,400 $68,100 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3174531

Garden State MLS

APN: 13-00050-0000-00006