NOT LISTED FOR SALE

Estimated Value: $493,000 - $696,000

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $506,030

Est. 16% increase in value since last sale

Current estimated payment $4,122/month

66 Days on Market

About This Home

As of April 2022

This home is located at 507 Yale Ave, Hillside, NJ 07205 since 24 January 2022 and is currently estimated at $588,214. This property was built in 1914. 507 Yale Ave is a home located in Union County with nearby schools including Abram P. Morris-Saybrook Elementary School, Hurden Looker School, and Calvin Coolidge Elementary School.

Last Agent to Sell the Property

Edward Gelley

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 01/24/2022

Last Buyer's Agent

ARAM FLEURANTIN

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,840

Year Built

  • Built in 1914

Lot Details

  • 8,276 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,840

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Year Built: 1914
  • County Name: Union
  • Street Number Display: 507
  • I D: 5125540
  • Modified: 2023-04-28
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 52X160 AV
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 26, 2022
Sold by
507 Holdings Llc
Bought by
Simeus Paulin and Simeus Inonmise
Seller's Agent
Edward Gelley
WEICHERT REALTORS - HOME CITY
Buyer's Agent
ARAM FLEURANTIN
WEICHERT REALTORS
List Price
$485,000
Sold Price
$506,030
Premium/Discount to List
$21,030
4.34%
Total Days on Market
66
Current Estimated Value
$588,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,184
Avg. Annual Appreciation
4.96%
Original Mortgage
$483,088
Outstanding Balance
$461,011
Interest Rate
5.11%
Mortgage Type
FHA
Estimated Equity
$127,203

Purchase Details

Closed on
Dec 3, 2021
Sold by
Safeguard Derby Consulting Yale Ave Llc
Bought by
507 Holdings Llc

Purchase Details

Closed on
Jan 25, 2021
Sold by
Safeguard Homes Llc
Bought by
Safeguard Derby Consulting Yale Ave Llc

Purchase Details

Closed on
Sep 11, 2018
Sold by
Fannie Mae
Bought by
Safeguard Homes Llc

Purchase Details

Closed on
May 9, 2018
Sold by
Federal National Mortgage Association
Bought by
The State Of New Jersey Depyt Of Transpo

Purchase Details

Closed on
Dec 16, 2014
Sold by
Vargas Daniel and Vargas Sara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 8, 2008
Sold by
Vargas Daniel
Bought by
Vargas Daniel and Vargas Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Vargas Daniel
Bought by
Vargas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
6.27%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Greenough Harry L
Bought by
Vargas Daniel and Vargas Maira
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
Simeus Paulin $506,030 Fidelity National Title
507 Holdings Llc $220,000 Universal Title Llc
Safeguard Derby Consulting Yale Ave Llc -- Costal Title Agency Inc
Safeguard Homes Llc $108,000 Coastal Title Agency Inc
The State Of New Jersey Depyt Of Transpo $6,600 None Availablei
Federal National Mortgage Association $1,000 None Available
Vargas Daniel -- None Available
Vargas Daniel $345,000 --
Vargas Daniel $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simeus Paulin $483,088
Previous Owner Vargas Daniel $319,000
Previous Owner Vargas Daniel $310,500
Previous Owner Vargas Daniel $280,000
Closed Safeguard Homes Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $506,030 +4.3% --
03/31/2022 03/31/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $485,000 -- --
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
2024 $9,840 $122,800 $66,000 $56,800
2023 $9,840 $122,800 $66,000 $56,800
2022 $9,749 $122,800 $66,000 $56,800
2021 $9,685 $122,800 $66,000 $56,800
2020 $9,629 $122,800 $66,000 $56,800
2019 $9,442 $122,800 $66,000 $56,800
2018 $9,348 $122,800 $66,000 $56,800
2017 $9,291 $122,800 $66,000 $56,800
2016 $9,280 $122,800 $66,000 $56,800
2015 $9,198 $122,800 $66,000 $56,800
2014 $9,053 $122,800 $66,000 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3760377

Garden State MLS

APN: 07-00806-0000-00010