494 W State St Trenton, NJ 08618
West End NeighborhoodEstimated Value: $164,000 - $228,000
--
Bed
--
Bath
2,645
Sq Ft
$72/Sq Ft
Est. Value
About This Home
As of August 2023Formerly a 4- unit residential building. Presently in need of total renovation. Our clients portfolio also includes 492 W State, MLS# NJME2027368) which is attached to this building and is fully occupied, in wonderful condition and well managed as well as 496 W State (another separate listing), 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 also in need of rehab. Seller and Seller's Agents make no representations relating to zoning and/or permitted use of this property. Buyers should complete their own due diligence to confirm that the property's potential is in line with buyer's own expectations. This property is not a candidate for conventional financing due to the fact it is uninhabitable and in need of redevelopment. Appropriate financing would be cash, credit line, commercial construction financing, or similar.
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
- $2,057
Year Built
- Built in 1900
Lot Details
- 3,250 Sq Ft Lot
- Lot Dimensions are 25.00 x 130.00
Parking
- On-Street Parking
Home Design
- Quadruplex
- Fixer Upper
- Brick Exterior Construction
Interior Spaces
- 2,645 Sq Ft Home
- Partial Basement
Utilities
- Heating Available
Listing and Financial Details
- Tax Lot 00009
- Assessor Parcel Number 11-02206-00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Aug 25, 2023
Sold by
Brokate Donald and Brokate Anthony
Bought by
Parkway Harmony Flats Llc
Seller's Agent
Lisa Jordan
David DePaola and Company Real Estate
Buyer's Agent
Mikhail Balezine
Gambourg Properties Inc
List Price
$175,000
Sold Price
$168,750
Premium/Discount to List
-$6,250
-3.57%
Total Days on Market
152
Views
537
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
$22,576
Avg. Annual Appreciation
7.14%
Original Mortgage
$148,000
Outstanding Balance
$73,507
Interest Rate
6.55%
Estimated Equity
$117,819
Purchase Details
Listed on
Nov 21, 2013
Closed on
Apr 15, 2014
Sold by
Davis Johnell
Bought by
Brokate Donald and Rabara Anthony
Seller's Agent
ANNMARIE LATTY
BHHS Fox & Roach Princeton Jn RE
Buyer's Agent
Robin Stewart
Corcoran Sawyer Smith
List Price
$55,000
Sold Price
$66,675
Premium/Discount to List
$11,675
21.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Similar Homes in Trenton, NJ
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 |
|---|---|---|---|
| Parkway Harmony Flats Llc | $168,750 | Goldstone Title | |
| Brokate Donald | $66,675 | Allstates Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parkway Harmony Flats Llc | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $168,750 | -3.6% | $64 / Sq Ft |
| 03/03/2023 03/03/23 | For Sale | $175,000 | +162.5% | $66 / Sq Ft |
| 04/15/2014 04/15/14 | Sold | $66,675 | +21.2% | -- |
| 12/13/2013 12/13/13 | Pending | -- | -- | -- |
| 11/21/2013 11/21/13 | For Sale | $55,000 | +31.0% | -- |
| 02/14/2013 02/14/13 | Sold | $42,000 | -15.8% | -- |
| 01/14/2013 01/14/13 | Pending | -- | -- | -- |
| 01/14/2013 01/14/13 | For Sale | $49,900 | -- | -- |
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 | $2,099 | $37,700 | $7,200 | $30,500 |
| 2023 | $2,099 | $37,700 | $7,200 | $30,500 |
| 2022 | $2,058 | $37,700 | $7,200 | $30,500 |
| 2021 | $2,093 | $37,700 | $7,200 | $30,500 |
| 2020 | $2,087 | $37,700 | $7,200 | $30,500 |
| 2019 | $2,053 | $37,700 | $7,200 | $30,500 |
| 2018 | $2,007 | $38,500 | $7,200 | $31,300 |
| 2017 | $1,908 | $38,500 | $7,200 | $31,300 |
| 2016 | $4,384 | $76,200 | $11,400 | $64,800 |
| 2015 | $4,369 | $76,200 | $11,400 | $64,800 |
| 2014 | $4,348 | $76,200 | $11,400 | $64,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Jordan
Seller's Agent in 2023
Lisa Jordan
David DePaola and Company Real Estate
(609) 658-6754
3 in this area
68 Total Sales
-
Nicholas Lamson
Seller Co-Listing Agent in 2023
Nicholas Lamson
David DePaola and Company Real Estate
(609) 209-8426
3 in this area
72 Total Sales
-
Mikhail Balezine
Buyer's Agent in 2023
Mikhail Balezine
Gambourg Properties Inc
(609) 638-5761
1 in this area
18 Total Sales
-
A
Seller's Agent in 2014
ANNMARIE LATTY
BHHS Fox & Roach
-
Robin Stewart
Buyer's Agent in 2014
Robin Stewart
Corcoran Sawyer Smith
(973) 390-4691
21 Total Sales
-
Nicholas Depaola
N
Seller's Agent in 2013
Nicholas Depaola
Coldwell Banker Realty Spring Lake
(609) 883-4280
29 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2027372
APN: 11-02206-0000-00009
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