NOT LISTED FOR SALE

509 Spencer St Unit 2 Elizabeth, NJ 07202

Peters Neighborhood

Estimated Value: $861,380 - $1,007,000

-- Bed
5 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $589,000

Est. 58% increase in value since last sale

Current estimated payment $6,441/month

6 Days on Market

About This Home

As of July 2020

This home is located at 509 Spencer St Unit 2, Elizabeth, NJ 07202 since 04 June 2020 and is currently estimated at $933,095. This property was built in 2006. 509 Spencer St Unit 2 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

Last Agent to Sell the Property

SERGIO MUNOZ

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 06/04/2020

Last Buyer's Agent

SERGIO MUNOZ

JILL GUZMAN REALTY Brokerage Phone: 908-353-6611 Listed on: 06/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,752

Year Built

  • Built in 2006

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,752

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Union
  • Street Number Display: 509
  • I D: 4987577
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-353-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X100
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Wellons Latoya S
Bought by
Wellons Latoya S
Current Estimated Value
$933,095

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 30, 2020
Sold by
Ortega Wendy and Ortega Ironkide
Bought by
509 Spencer Llc
Seller's Agent
SERGIO MUNOZ
JILL GUZMAN REALTY
Buyer's Agent
SERGIO MUNOZ
JILL GUZMAN REALTY
List Price
$539,000
Sold Price
$589,000
Premium/Discount to List
$50,000
9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
May 5, 2015
Sold by
Gavilanez Roberto and Jpmorgan Chase Bank N A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2002
Sold by
Souza Ademir
Bought by
Rojas Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.39%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Souza Ademir
Bought by
Souza Ademir and Souza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,965
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1994
Sold by
Kardos Frank and Kardos Anastasia
Bought by
Souza Ademir R and Soares Joao B
Source: Public Records

Range of Values:

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
Wellons Latoya S -- First American Title
509 Spencer Llc $589,000 Liberty Abstract Inc
Federal National Mortgage Association $1,000 Attorney
Rojas Jorge $195,000 --
Souza Ademir -- --
Souza Ademir R $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gavilanez Roberto $514,000
Previous Owner Fatima Contractors Inc $392,000
Previous Owner Rojas Jorge $156,000
Previous Owner Souza Ademir $132,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $589,000 +9.3% --
06/10/2020 06/10/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $539,000 -- --
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 $16,752 $715,400 $175,000 $540,400
2023 $16,752 $53,300 $17,600 $35,700
2022 $16,299 $53,300 $17,600 $35,700
2021 $15,962 $53,300 $17,600 $35,700
2020 $15,601 $53,300 $17,600 $35,700
2019 $15,363 $53,300 $17,600 $35,700
2018 $15,213 $53,300 $17,600 $35,700
2017 $14,789 $53,300 $17,600 $35,700
2016 $16,622 $59,900 $17,600 $42,300
2015 $15,633 $59,900 $17,600 $42,300
2014 -- $59,900 $17,600 $42,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SERGIO MUNOZ

    JILL GUZMAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3638257

Garden State MLS

APN: 04-00005-0000-01347-B

New Jersey Union County Elizabeth 07202 Peters

509 Spencer St Unit 2, Elizabeth, NJ

This home is located at 509 Spencer St Unit 2, Elizabeth, NJ 07202 since 04 June 2020 and is currently estimated at $933,095. This property was built in 2006. 509 Spencer St Unit 2 is a home located in Union County with nearby schools including Number 15, Christopher Columbus Elementary School and Elizabeth High School.

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