NOT LISTED FOR SALE

515 Olive Terrace Union, NJ 07083

Estimated Value: $505,000 - $713,308

3 Beds
1.5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $374,000

Est. 66% increase in value since last sale

Current estimated payment $4,191/month

23 Days on Market

Highlights

  • Cape Cod Architecture
  • Wine Refrigerator
  • Eat-In Kitchen
  • Deck
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of May 2018

Completely renovated Cape Cod. Beautiful 3 bedroom fully updated home. You don't want to miss out on this one.Freshly painted, all new windows. Stainless steel appliances w/ wine/ beverage cooler New hardwood floors, carpeting and ceramic tile. Washer and dryer hook up in basement, Basement comes with a pool table.

Last Agent to Sell the Property

MARIA A. SILVA

PETERPAUL REAL ESTATE AGENCY Listed on: 03/12/2018

Last Buyer's Agent

Terry Rebimbas

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,790

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Washington Elementary School
  • Kawameeh Middle School
  • Union High School

Additional Features

  • Deck
  • Window Unit Cooling System
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2919-02514-0000-00013-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,790

Year Built

Built in 1943 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1943
  • Year Built Description: Renovated
  • County Name: Union
  • Renovated Year: 2018
  • Street Number Display: 515
  • Directions: Morris Avenue to Colonial to Olive Terrace
  • I D: 4785027
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: MARIA A.
  • First Name3: TERESA
  • Last Name: SILVA
  • Last Name3: REBIMBAS
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Microwave Oven, WineRefr
  • Number Rooms: 9
  • Bedrooms: 3
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Kitchen Area: Eat-In Kitchen
  • Phone: 973-589-0055

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas In Street
  • Water: Public Water

Schools

  • Elementary School: Washington
  • Middle School: Kawameeh
  • High School: Union
  • High School: Union
  • Middle Jr High School: Kawameeh

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 26000
  • Assessed Land Value: 20000
  • Assessment: 46000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 13
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8790
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-02514-0000-00013-0000-
  • Tax Rate Amount: 19.110
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 14, 2018
Sold by
Guemeryl Leonardo
Bought by
Gonzalez Zamora Juan Jose
Seller's Agent
MARIA A. SILVA
PETERPAUL REAL ESTATE AGENCY
Buyer's Agent
Terry Rebimbas
COLDWELL BANKER REALTY
List Price
$374,000
Sold Price
$374,000
Current Estimated Value
$619,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,327
Avg. Annual Appreciation
7.08%
Original Mortgage
$367,225
Outstanding Balance
$315,091
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$304,236

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 11, 2017
Sold by
Paulovitch Edward
Bought by
Guemeryl Leonardo
Seller's Agent
MARIA A. SILVA
PETERPAUL REAL ESTATE AGENCY
Buyer's Agent
MARIA A. SILVA
PETERPAUL REAL ESTATE AGENCY
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
227.33%
Original Mortgage
$184,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez Zamora Juan Jose $374,000 Old Republic National Title
Guemeryl Leonardo $230,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Zamora Juan Jose $367,225
Previous Owner Guemeryl Leonardo $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2018 05/18/18 Sold $374,000 0.0% --
04/04/2018 04/04/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $374,000 +62.6% --
12/18/2017 12/18/17 Sold $230,000 -4.1% -- View Prior Sale
11/03/2017 11/03/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $239,900 -- --
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 $10,728 $48,000 $20,000 $28,000
2024 $10,401 $48,000 $20,000 $28,000
2023 $10,401 $48,000 $20,000 $28,000
2022 $10,040 $48,000 $20,000 $28,000
2021 $9,796 $48,000 $20,000 $28,000
2020 $9,601 $48,000 $20,000 $28,000
2019 $9,472 $48,000 $20,000 $28,000
2018 $8,923 $46,000 $20,000 $26,000
2017 $8,791 $46,000 $20,000 $26,000
2016 $8,576 $46,000 $20,000 $26,000
2015 $8,184 $46,000 $20,000 $26,000
2014 $7,995 $46,000 $20,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MARIA A. SILVA

    PETERPAUL REAL ESTATE AGENCY

  • Terry Rebimbas

    Buyer's Agent in 2018

    Terry Rebimbas

    COLDWELL BANKER REALTY

    (908) 377-2398

    5 in this area

    12 Total Sales

    Terry Rebimbas
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3452941

Garden State MLS

APN: 19-02514-0000-00013

New Jersey Union County Union Township 07083

515 Olive Terrace, Union Township, NJ

This home is located at 515 Olive Terrace, Union, NJ 07083 since 12 March 2018 and is currently estimated at $619,327. This property was built in 1943. 515 Olive Terrace is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes