NOT LISTED FOR SALE

404 Palmer St Unit 408 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $693,000 - $1,019,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold April 27, 2017

Last sale price $445,000

Est. 96% increase in value since last sale

Current estimated payment $6,215/month

96 Days on Market

About This Home

As of April 2017

This home is located at 404 Palmer St Unit 408, Elizabeth, NJ 07202 since 16 November 2016 and is currently estimated at $871,348. This property was built in 1996. 404 Palmer St Unit 408 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Last Agent to Sell the Property

MIRIAM A. ORTIZ

COLDWELL BANKER REALTY Brokerage Phone: 908-688-2828 Listed on: 11/16/2016

Last Buyer's Agent

Francisco Torres

VICTORY LINKED REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,601

Year Built

  • Built in 1996

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,601

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Union
  • Street Number Display: 404
  • I D: 4671714
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-688-2828
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37 5X101
  • Total Acres: 0.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Apr 25, 2017
Sold by
Tabares Jose and Tabares Sucell
Bought by
Falla Joseph and Falla Juana
Seller's Agent
MIRIAM A. ORTIZ
COLDWELL BANKER REALTY
Buyer's Agent
Francisco Torres
VICTORY LINKED REALTY INC
List Price
$489,000
Sold Price
$445,000
Premium/Discount to List
-$44,000
-9%
Current Estimated Value
$871,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,348
Avg. Annual Appreciation
7.97%
Original Mortgage
$422,211
Outstanding Balance
$358,008
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$483,877

Purchase Details

Closed on
Jan 4, 2011
Sold by
Tabares Adalberto and Tabares Caridad
Bought by
Tabares Caridad and Tabares Jose A

Purchase Details

Closed on
Feb 27, 2002
Sold by
Tanga Felice
Bought by
Tabares Adalberto and Caridad Tabares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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
Falla Joseph $445,000 Old Republic Natl Ins Co
Tabares Caridad -- None Available
Tabares Adalberto $385,000 --
Tabares Adalberto $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falla Joseph $15,081
Open Falla Joseph $422,211
Previous Owner Tabares Jose A $151,000
Previous Owner Tabares Adalberto $31,000
Previous Owner Tabares Adalberto $50,000
Previous Owner Tanga Felice $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $445,000 -9.0% --
02/20/2017 02/20/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $489,000 -- --
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 $17,601 $720,100 $170,500 $549,600
2023 $17,601 $56,000 $17,400 $38,600
2022 $17,124 $56,000 $17,400 $38,600
2021 $16,771 $56,000 $17,400 $38,600
2020 $16,392 $56,000 $17,400 $38,600
2019 $16,141 $56,000 $17,400 $38,600
2018 $17,896 $62,700 $17,400 $45,300
2017 $17,397 $62,700 $17,400 $45,300
2016 $17,399 $62,700 $17,400 $45,300
2015 $16,364 $62,700 $17,400 $45,300
2014 $15,873 $62,700 $17,400 $45,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MIRIAM A. ORTIZ

    COLDWELL BANKER REALTY

  • F

    Buyer's Agent in 2017

    Francisco Torres

    VICTORY LINKED REALTY INC

    (201) 921-8171

    19 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3349207

Garden State MLS

APN: 04-00007-0000-00998

New Jersey Union County Elizabeth 07202 Peters

404 Palmer St Unit 408, Elizabeth, NJ

This home is located at 404 Palmer St Unit 408, Elizabeth, NJ 07202 since 16 November 2016 and is currently estimated at $871,348. This property was built in 1996. 404 Palmer St Unit 408 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

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