NOT LISTED FOR SALE

515 48th St Union City, NJ 07087

Estimated Value: $692,000 - $887,000

6 Beds
3 Baths
1,758 Sq Ft
$432/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $435,000 $247 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,951/month

66 Days on Market

Highlights

  • Contemporary Architecture
  • 1-minute walk to Bergenline Avenue
  • Baseboard Heating
  • Sara M. Gilmore Academy Rated A-
  • Living Room

About This Home

As of March 2017

Beautifully renovated 2 family house on 48th St, corner of Bergenline Ave. First floor unit has 2 bedrooms in Rail Road style, a living room, an all renovated eat-in kitchen with Stainless steel Refrigerator, and stove and espresso color custom cabinets. This unit has a wooden deck and the use of the backyard. Modern tiled bathroom with new vanity. All tiled and wood floors. Second floor unit is a large one bedroom plus a baby room/den/office off the master bedroom. There is a spacious living room. This unit has all modern tile floors, stainless steel appliances, beautiful espresso cabinets, modern bathroom, and it is beautifully kept.basement has 2 bedrooms of equal size, 2 car driveway, steps away from Bergenline and Light Rail station, shops, schools and all transportation to NY City at the corner.

Last Agent to Sell the Property

JOSEPH CONDURSO

CORCORAN SAWYER SMITH License #1435418 Listed on: 05/03/2016

CORCORAN SAWYER SMITH

Last Buyer's Agent

Marlin Ortez

CENTURY 21 REALTY GROUP License #0788034

CENTURY 21 REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,300

Lot Details

  • 1,960

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Shingle Siding

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Living Room
  • Lot Dimensions are 19 x 102

Community Details

  • Insurance Expense $1,200

Listing and Financial Details

  • Legal Lot and Block 00040 / 00266
  • Assessor Parcel Number 6917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,300

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 6917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Total Bedrooms: 6
  • Basement: Finished, Full
  • Total Living Rooms: 3
  • Basement Bedrooms: 2
  • Basement Full Bathrooms: 1
  • Basement Living Rooms: 1
  • Basement Other Rooms: 1
  • First Floor Bedrooms: 2
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1490
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1500

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Shingle

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: Baseboard, Gas, Hot Water

Fee Information

  • Insurance Expense: 1200

Lot Info

  • Geo Address Line: 515 48th St
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00040
  • Lot Size: 19 x 102

Tax Info

  • Year: 2015
  • Taxes: 8300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Mar 16, 2017
Sold by
Pav Ventures 3 Llc
Bought by
Villata Jose A and Machado Yanira
Seller's Agent
JOSEPH CONDURSO
CORCORAN SAWYER SMITH
Buyer's Agent
Marlin Ortez
CENTURY 21 REALTY GROUP
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Current Estimated Value
$759,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,757
Avg. Annual Appreciation
6.63%
Original Mortgage
$427,121
Outstanding Balance
$356,143
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$403,614

Purchase Details

Closed on
Nov 24, 2015
Sold by
Abbassi Saeed and Abbassi Elham
Bought by
Pav Ventures 3 Llc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Pereyra Alejandro A and Pereyra Miurvi
Bought by
Abbassi Saeed and Abbassi Elham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2004
Sold by
Truncellito Rocco F and Truncellito Joanne
Bought by
Pereyra Alejandro and Pereyra Miurvi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villata Jose A $435,000 None Available
Pav Ventures 3 Llc $264,000 Attorney
Abbassi Saeed $520,000 First American Title Ins Co
Pereyra Alejandro $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villata Jose A $427,121
Previous Owner Abbassi Saeed $416,000
Previous Owner Pereyra Alejandro $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $435,000 -8.4% $247 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $475,000 -- $270 / Sq Ft
Source: Hudson County 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 $11,358 $628,000 $272,900 $355,100
2024 $13,454 $614,600 $266,000 $348,600
2023 $13,454 $175,000 $83,600 $91,400
2022 $12,969 $175,000 $83,600 $91,400
2021 $12,924 $175,000 $83,600 $91,400
2020 $12,777 $175,000 $83,600 $91,400
2019 $12,430 $175,000 $83,600 $91,400
2018 $12,198 $175,000 $83,600 $91,400
2017 $8,630 $125,000 $83,600 $41,400
2016 $8,613 $125,000 $83,600 $41,400
2015 $8,464 $125,000 $83,600 $41,400
2014 $8,280 $125,000 $83,600 $41,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 160006403

Hudson County MLS

APN: 10-00266-0000-00040