Seller's Agent in 2023
Lisa Jordan
David DePaola and Company Real Estate
(609) 658-6754
3 in this area
70 Total Sales
492 W State St Trenton, NJ 08618
West End NeighborhoodEstimated Value: $462,000
--
Bed
--
Bath
2,505
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- 0.07 Acre Lot
- 2 Car Garage
- Radiator
- Federal Architecture
- Property is in excellent condition
About This Home
As of September 20231 efficiency, 1 bedroom and 2, 2 bedroom units. 4 Units in all. Fully occupied. In wonderful condition and well managed by experienced owners who are retiring. Our client's portfolio also includes 494 W State St which is a separate 4-unit building that is presently vacant and in need of total rehab. Also available are 496 W State, 713 W State St, and 63 General Greene Ave. All are multi-unit properties and may be bundled or purchased separately. Please see each separate listing for individual property details. Property tours permitted only after the acceptance of a bonified offer to purchase. This building includes a detached garage in the rear that is currently being utilized by the seller.
Last Agent to Sell the Property
David DePaola and Company Real Estate Listed on: 03/03/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,943
Year Built
- Built in 1900 | Remodeled in 2007
Lot Details
- 3,250 Sq Ft Lot
- Lot Dimensions are 25.00 x 130.00
- Property is in excellent condition
Parking
- 2 Car Garage
- Assigned Parking Garage Space
- Rear-Facing Garage
- On-Street Parking
Home Design
- Quadruplex
- Federal Architecture
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 2,505 Sq Ft Home
- Basement Fills Entire Space Under The House
- Gas Oven or Range
Utilities
- Radiator
- Natural Gas Water Heater
- Municipal Trash
Community Details
- Rent Control
- Income includes apartment rentals
- Operating Expense $17,108
- Net Operating Income $25,048
Listing and Financial Details
- The owner pays for real estate taxes, water, supplies, snow removal, sewer, repairs, pest control, miscellaneous, management, insurance, lawn/shrub care, heat, accounting/legal, advertising/licenses and permits, common area maintenance, gas
- Tax Lot 00008
- Assessor Parcel Number 11-02206-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Sep 27, 2023
Sold by
Brokate Donald and Brokate Anthony
Bought by
Mcnair Corey Isiah
Seller's Agent
Lisa Jordan
David DePaola and Company Real Estate
Buyer's Agent
Janet Morales
Keller Williams Premier
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
247
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,000
Avg. Annual Appreciation
-14.58%
Original Mortgage
$277,500
Outstanding Balance
$275,610
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$390
Purchase Details
Closed on
Nov 30, 2007
Sold by
Liquidation Prop Inc
Bought by
Rabara Anthony and Brokate Donald
Purchase Details
Closed on
Nov 13, 2007
Sold by
Liquidation Prop Inc
Bought by
Rabara Anthony and Brokate Donald
Purchase Details
Closed on
Oct 18, 2007
Sold by
Option One Mtg Corp
Bought by
Liquidation Prop Inc
Purchase Details
Closed on
Jun 5, 2006
Sold by
Cooper Steven
Bought by
Robinson Vanessa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.62%
Purchase Details
Closed on
Jun 20, 2003
Sold by
Kramsky Les
Bought by
Cooper Steven
Purchase Details
Closed on
Apr 25, 2002
Sold by
Hall Ruby
Bought by
Kramsky Les and Abby Kramsky
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
7.18%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcnair Corey Isiah | $370,000 | Foundation Title | |
| Rabara Anthony | $125,000 | -- | |
| Rabara Anthony | $125,000 | -- | |
| Liquidation Prop Inc | -- | -- | |
| Robinson Vanessa | $245,000 | -- | |
| Cooper Steven | $124,489 | -- | |
| Kramsky Les | $79,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcnair Corey Isiah | $277,500 | |
| Previous Owner | Rabara Anthony | $75,000 | |
| Previous Owner | Robinson Vanessa | $195,000 | |
| Previous Owner | Kramsky Les | $71,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $370,000 | -1.3% | $148 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | For Sale | $375,000 | -- | $150 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,062 | $108,900 | $7,200 | $101,700 |
| 2023 | $6,062 | $108,900 | $7,200 | $101,700 |
| 2022 | $5,944 | $108,900 | $7,200 | $101,700 |
| 2021 | $6,047 | $108,900 | $7,200 | $101,700 |
| 2020 | $6,028 | $108,900 | $7,200 | $101,700 |
| 2019 | $5,931 | $108,900 | $7,200 | $101,700 |
| 2018 | $5,818 | $111,600 | $7,200 | $104,400 |
| 2017 | $5,530 | $111,600 | $7,200 | $104,400 |
| 2016 | $4,344 | $75,500 | $11,400 | $64,100 |
| 2015 | $4,328 | $75,500 | $11,400 | $64,100 |
| 2014 | $4,308 | $75,500 | $11,400 | $64,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Nicholas Lamson
David DePaola and Company Real Estate
(609) 209-8426
3 in this area
75 Total Sales
-
Buyer's Agent in 2023
Janet Morales
Keller Williams Premier
(609) 346-9973
1 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2027368
APN: 11-02206-0000-00008
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