NOT LISTED FOR SALE

Estimated Value: $496,614 - $743,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold January 15, 2020

Last sale price $277,000

Est. 97% increase in value since last sale

Current estimated payment $3,494/month

95 Days on Market

About This Home

As of January 2020

Magnificent, newly renovated 3 bedroom 2 bathroom unit with separate entrance (upstairs has 2 bedrooms downstairs has 1 - each has own kitchen). Two apartments for the price of one. Modern interior finish complete with granite kitchen countertops, stunning light fixtures, spacious closets and washer dryer. The property is ideally located just a 4 minute drive to The Mills at Jersey Gardens and blocks from the George Washington Elementary School. Shop at the Elizabeth Ave downtown strip and commute to work using the easily accessible NJ Turnpike, close to New York City and Newark.

Magnifica unidad recientemente renovada de 3 dormitorios y 2 banos con entrada independiente (arriba tiene 2 dormitorios en la planta baja tiene 1 - cada uno tiene su propia cocina). Dos apartamentos por el precio de uno. Acabado interior moderno completo con encimeras de granito en la cocina, impresionantes lamparas, armarios espaciosos, y lavadora y secadora. La propiedad esta idealmente ubicada a solo 4 minutos en automovil de The Mills en Jersey Gardens y a cuadras de la Escuela Primaria George Washington. Compre en la avenida principal del centro de Elizabeth Ave y viaje al trabajo usando la NJ Turnpike, de facil acceso, cerca de la ciudad de Nueva York y Newark.

No broker fee. Owner pays water. Laundry in building. Tenant pays utilities. Tenant must be willing to pay for credit check and background check. Tenant must submit proof of income (2.5x) and references from previous landlords.

Sin cargo de agente inmobiliario. El propietario paga el agua. Lavanderia en edificio. El inquilino paga los servicios publicos. El inquilino debe estar dispuesto a pagar por verificacion de credito y verificacion de antecedentes. El inquilino debe presentar prueba de ingresos (2,5x) y referencias de propietarios anteriores.

Last Agent to Sell the Property

Grisela Flores

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 10/07/2019

Last Buyer's Agent

Grisela Flores

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 10/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,286

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,286

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 508
  • I D: 4928128
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-445-5339
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 15, 2020
Sold by
508 S Park Llc
Bought by
508 S Park Elizabeth Llc
Seller's Agent
Grisela Flores
FLOROSTONE REALTY INC.
Buyer's Agent
Grisela Flores
FLOROSTONE REALTY INC.
List Price
$299,000
Sold Price
$277,000
Premium/Discount to List
-$22,000
-7.36%
Current Estimated Value
$545,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,036
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Apr 13, 2018
Sold by
Sunshinehomes &Management Inc
Bought by
508 S Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,950
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2018
Sold by
Ynna Top Investments Llc
Bought by
Sunshine Homes & Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,950
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2010
Sold by
Samra Jacob
Bought by
Ynna Top Investment Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Shemesh Eran
Bought by
Samra Jacob

Purchase Details

Closed on
Jul 30, 2007
Sold by
Al Homes Llc
Bought by
Shemesh Eran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2005
Sold by
Williams Michele
Bought by
Shemesh Eran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2002
Sold by
Simmons Michele
Bought by
Williams Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.28%
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
508 S Park Elizabeth Llc $277,000 Westcor Land Title Ins Co
508 S Park Llc $131,000 1St Rate Title & Settlement
Sunshine Homes & Management Inc -- 1St Rate Title & Settlement
Ynna Top Investment Llc -- Investors Title & Abstract A
Samra Jacob $80,000 Investors Title & Abstract A
Shemesh Eran $435,000 United General Title Ins Co
Shemesh Eran $205,000 --
Williams Michele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 508 S Park Elizabeth Llc $300,000
Previous Owner 508 S Park Llc $219,950
Previous Owner Sunshine Homes N Managements Inc $98,000
Previous Owner Shemesh Eran $87,000
Previous Owner Shemesh Eran $304,500
Previous Owner Al Homes Llc $180,000
Previous Owner Nelson Leroy K $331,550
Previous Owner Nelson Leroy K $19,500
Previous Owner Shemesh Eran $194,750
Previous Owner Williams Michele $98,800
Closed Sunshine Homes & Management Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Price Changed $2,285 -8.0% $2 / Sq Ft
09/01/2024 09/01/24 For Rent $2,485 0.0% --
01/15/2020 01/15/20 Sold $277,000 -7.4% --
01/10/2020 01/10/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $299,000 0.0% --
12/11/2019 12/11/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $299,000 0.0% --
10/25/2019 10/25/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $299,000 -- --
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 $6,286 $379,000 $142,500 $236,500
2023 $6,286 $20,000 $5,400 $14,600
2022 $6,116 $20,000 $5,400 $14,600
2021 $5,990 $20,000 $5,400 $14,600
2020 $5,854 $20,000 $5,400 $14,600
2019 $5,765 $20,000 $5,400 $14,600
2018 $5,709 $20,000 $5,400 $14,600
2017 $5,549 $20,000 $5,400 $14,600
2016 $5,550 $20,000 $5,400 $14,600
2015 $5,220 $20,000 $5,400 $14,600
2014 $5,063 $20,000 $5,400 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3592933

Garden State MLS

APN: 04-00003-0000-00927