NOT LISTED FOR SALE

491 Valley St Unit 7 Orange, NJ 07050

Estimated Value: $320,000 - $477,000

2 Beds
1.5 Baths
1,200 Sq Ft
1.14 Acres

Last Sold January 24, 2023

Last sale price $280,000 $233 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,723/month

18 Days on Market

About This Home

As of January 2023

A terrific 2 bedroom condo with one full bath and a powder room. Enjoy this spacious duplex unit with two levels of luxurious living. With high ceilings, oversized windows, hardwood floors & exposed brick walls. Renovated kitchen with granite counters & stainless appliances, laundry in unit & updated bathrooms. The unit is among the largest square footage offered in this 16-unit historically significant building located in the Hat District of Orange. Includes two assigned parking spaces. Near to conveniences such as a CVS, a grocery store, a nail salon, and several contemporary restaurants. The train station is within a few blocks of this building while commuters also enjoy easy access to Rte 280. Welcome Home!

Last Agent to Sell the Property

Elizabeth Morris

Prominent Properties Sotheby's International Realty-Montclair Listed on: 10/07/2022

Prominent Properties Sotheby's International Realty-Montclair

Co-Listed By

Vikram Vasisht

Prominent Properties Sotheby's International Realty-Montclair

Last Buyer's Agent

Dean Clark

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,698

Lot Details

  • 1.14

Bedrooms and Bathrooms

  • 2 Bedrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,698

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (973) 783-6900
  • MLS Status: Sold - Sold
  • Directions: Nassau to Valley St.
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Lot Info

  • Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 13, 2023
Sold by
Camano Eduardo
Bought by
Vicioso Omar and Danz Erica
Seller's Agent
Elizabeth Morris
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Dean Clark
EXP Realty, LLC
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Views
58
Current Estimated Value
$364,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,805
Avg. Annual Appreciation
10.89%
Original Mortgage
$238,000
Outstanding Balance
$230,986
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$133,819

Purchase Details

Closed on
Sep 15, 2006
Sold by
Leung Megel
Bought by
Camano Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Vicioso Omar $280,000 American Land Title
Camano Eduardo $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicioso Omar $238,000
Previous Owner Harris Yolande M $148,000
Previous Owner Camano Eduardo $172,000
Previous Owner Leung Jossett $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $280,000 0.0% $233 / Sq Ft
11/14/2022 11/14/22 Price Changed $280,000 -3.1% $233 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $289,000 -- $241 / Sq Ft
Source: New Jersey 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 $8,814 $236,500 $85,000 $151,500
2024 $8,814 $236,500 $85,000 $151,500
2022 $8,197 $236,500 $85,000 $151,500
2021 $9,699 $167,800 $30,000 $137,800
2020 $9,409 $167,800 $30,000 $137,800
2019 $4,821 $90,700 $30,000 $60,700
2018 $4,744 $90,700 $30,000 $60,700
2017 $4,417 $90,700 $30,000 $60,700
2016 $4,334 $90,700 $30,000 $60,700
2015 $4,220 $90,700 $30,000 $60,700
2014 $6,229 $140,000 $30,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22036697

New Jersey MLS

APN: 17-06001-0000-00003-0000-C0007