NOT LISTED FOR SALE

508 Erico Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $481,000 - $594,834

3 Beds
2.5 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $405,000

Est. 33% increase in value since last sale

Current estimated payment $3,487/month

60 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • 1 Car Detached Garage
  • Elizabeth High School Rated A
  • Formal Dining Room
  • Laundry Room

About This Home

As of September 2022

Welcome to this lovely three-bed, two and a half bath cape cod with a one car garage and parking for up to 4+ cars in the desired neighborhood of South Elmora. Step into this well maintained move in ready home featuring hardwood floors, living room, kitchen, formal dining room with sliders to a spacious backyard, great for entertaining.Partially finished basement with a full bathroom,Laundry room and extra recreational space. Conveniently located near major highways, local shops, public transportation & schools. In walking distance to convenient stores, supermarkets, pharmacy & shopping centers. This is an ideal move in ready starter home.

Last Agent to Sell the Property

Angelica Prendez

LIFESTYLE INTERNATIONAL REALTY Listed on: 06/07/2022

LIFESTYLE INTERNATIONAL REALTY

Co-Listed By

DIONNA M. VAZQUEZ

SIGNATURE REALTY NJ

Last Buyer's Agent

DIANA C. SALAZAR

PREMIER HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,039

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Carbon Monoxide Detectors
  • Laundry Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 2904-00006-0000-00339-000A-

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,039

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Union
  • Directions: Take 1 & 9 South In Bayway Circle Make A Right, South Elmora Ave, Right on Erico Ave.
  • I D: 5156511
  • First Name: ANGELICA
  • First Name2: DIONNA M.
  • First Name3: DIANA CAROLINA
  • Last Name: PRENDEZ
  • Last Name2: VAZQUEZ
  • Last Name3: SALAZAR
  • Office Phone3: 908-245-6767 X. 204
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Basement
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Laundry Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Dining Room, Kitchen
  • Level 2 Rooms: Attic, Bath(s) Other
  • Phone: 908-445-5339

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 48X110
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Tax Amount: 10039
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2904-00006-0000-00339-000A-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 29.948
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Sep 19, 2022
Sold by
Arroyave Abraham
Bought by
Echeverria Yerlin S and Calderon-Aparicio Yuly J
Seller's Agent
Angelica Prendez
LIFESTYLE INTERNATIONAL REALTY
Buyer's Agent
DIANA C. SALAZAR
PREMIER HOMES
List Price
$374,900
Sold Price
$405,000
Premium/Discount to List
$30,100
8.03%
Current Estimated Value
$540,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,209
Avg. Annual Appreciation
9.48%
Original Mortgage
$397,664
Outstanding Balance
$380,816
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$159,393

Purchase Details

Closed on
Dec 3, 2009
Sold by
Gonzalez Antonio and Valdez Lillian
Bought by
Arroyave Abraham and Bermudez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,005
Interest Rate
4.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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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
Echeverria Yerlin S $405,000 Westcor Land Title
Arroyave Abraham $272,950 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echeverria Yerlin S $397,664
Previous Owner Arroyave Abraham $268,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $405,000 +8.0% --
08/11/2022 08/11/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $374,900 0.0% --
07/18/2022 07/18/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $374,900 0.0% --
06/24/2022 06/24/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $374,900 -- --
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 $7,608 $395,400 $194,500 $200,900
2024 $10,780 $395,400 $194,500 $200,900
2023 $10,780 $34,300 $11,000 $23,300
2022 $10,489 $34,300 $11,000 $23,300
2021 $10,272 $34,300 $11,000 $23,300
2020 $10,040 $34,300 $11,000 $23,300
2019 $9,887 $34,300 $11,000 $23,300
2018 $9,790 $34,300 $11,000 $23,300
2017 $9,517 $34,300 $11,000 $23,300
2016 $9,518 $34,300 $11,000 $23,300
2015 $8,952 $34,300 $11,000 $23,300
2014 $8,683 $34,300 $11,000 $23,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Angelica Prendez

    LIFESTYLE INTERNATIONAL REALTY

    (908) 764-1170

    2 in this area

    54 Total Sales

    Angelica Prendez
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    DIONNA M. VAZQUEZ

    SIGNATURE REALTY NJ

  • D

    Buyer's Agent in 2022

    DIANA C. SALAZAR

    PREMIER HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3787336

Garden State MLS

APN: 04-00006-0000-00339-A

New Jersey Union County Elizabeth 07202 Bayway

508 Erico Ave, Elizabeth, NJ

Not Listed for Sale

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