NOT LISTED FOR SALE

505 Bower St Linden, NJ 07036

Estimated Value: $484,000 - $590,000

Studio
-- Bath
1,632 Sq Ft
$321/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $350,000 $214 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,423/month

16 Days on Market

About This Home

As of January 2020

This home is located at 505 Bower St, Linden, NJ 07036 since 02 October 2019 and is currently estimated at $524,573, approximately $321 per square foot. This property was built in 1927. 505 Bower St is a home located in Union County with nearby schools including School No. 5, Joseph E. Soehl Middle School, and Linden High School.

Last Agent to Sell the Property

LYDIA R. WATSON

CENTURY 21 ALLIANCE REALTY Brokerage Phone: 908-587-5222 Listed on: 10/02/2019

Last Buyer's Agent

KESHA LEWIS

UNITED REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Union
  • I D: 4930645
  • Attribution Contact: 908-587-5222
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Jan 30, 2020
Sold by
Smith Barry A
Bought by
Chicas Rene
Seller's Agent
LYDIA R. WATSON
CENTURY 21 ALLIANCE REALTY
Buyer's Agent
KESHA LEWIS
UNITED REAL ESTATE
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$524,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,573
Avg. Annual Appreciation
6.98%
Original Mortgage
$343,660
Outstanding Balance
$305,092
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$219,481

Purchase Details

Closed on
Jul 24, 2001
Sold by
Ornelus Jesula and Victor Evelyne
Bought by
Smith Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,250
Interest Rate
7.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 1994
Sold by
Kurek Gillian E
Bought by
Onrelus Jesula and Victor Evelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Chicas Rene $350,000 First American Title
Smith Barry $165,000 --
Onrelus Jesula $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicas Rene $343,660
Previous Owner Smith Barry $156,250
Previous Owner Onrelus Jesula $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $350,000 0.0% $214 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $349,900 -- $214 / 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 $8,382 $119,200 $52,300 $66,900
2024 $8,199 $119,200 $52,300 $66,900
2023 $8,199 $119,200 $52,300 $66,900
2022 $8,241 $119,200 $52,300 $66,900
2021 $8,283 $119,200 $52,300 $66,900
2020 $8,032 $116,200 $52,300 $63,900
2019 $8,005 $116,200 $52,300 $63,900
2018 $8,003 $116,200 $52,300 $63,900
2017 $7,830 $116,200 $52,300 $63,900
2016 $7,583 $116,200 $52,300 $63,900
2015 $7,294 $116,200 $52,300 $63,900
2014 $7,152 $116,200 $52,300 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3591833

Garden State MLS

APN: 09-00155-0000-00010