NOT LISTED FOR SALE

505 Spencer St Unit 507 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $384,000 - $530,905

3 Beds
2 Baths
1,020 Sq Ft
$471/Sq Ft Est. Value

About This Home

This home is located at 505 Spencer St Unit 507, Elizabeth, NJ 07202 and is currently estimated at $479,976, approximately $470 per square foot. 505 Spencer St Unit 507 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Rosado Jesus Manuel and Rosado Christina Naomi
Bought by
Cajamarca Luis A Chocho
Current Estimated Value
$479,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Outstanding Balance
$319,839
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$160,137

Purchase Details

Closed on
Sep 29, 2009
Sold by
Leary Philip R and Leary Mary B
Bought by
Rosado Jesus Manuel and Rosado Christina Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,997
Interest Rate
5.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Cajamarca Luis A Chocho $360,000 New Horizon Abstract
Cajamarca Luis A Chocho $360,000 Old Republic Title
Rosado Jesus Manuel $221,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cajamarca Luis A Chocho $353,479
Closed Cajamarca Luis A Chocho $353,479
Previous Owner Rosado Jesus Manuel $216,997
Source: Public Records

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 $7,136 $370,900 $175,000 $195,900
2024 $12,635 $370,900 $175,000 $195,900
2023 $12,635 $40,200 $9,200 $31,000
2022 $12,293 $40,200 $9,200 $31,000
2021 $12,039 $40,200 $9,200 $31,000
2020 $11,767 $40,200 $9,200 $31,000
2019 $11,587 $40,200 $9,200 $31,000
2018 $11,474 $40,200 $9,200 $31,000
2017 $11,154 $40,200 $9,200 $31,000
2016 $11,155 $40,200 $9,200 $31,000
2015 $10,492 $40,200 $9,200 $31,000
2014 -- $40,200 $9,200 $31,000
Source: Public Records

Map

New Jersey Union County Elizabeth 07202 Peters

505 Spencer St Unit 507, Elizabeth, NJ

Not Listed for Sale

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