NOT LISTED FOR SALE

516 Centre St South Orange, NJ 07079

Estimated Value: $1,105,000 - $1,414,000

5 Beds
4 Baths
3,582 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $1,020,000 $285 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,902/month

9 Days on Market

About This Home

As of December 2023

This home is located at 516 Centre St, South Orange, NJ 07079 since 01 November 2023 and is currently estimated at $1,315,892, approximately $367 per square foot. This property was built in 1922. 516 Centre St is a home located in Essex County with nearby schools including Marshall Elementary School, South Orange Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

JOSEPH FACCHINEI

PROMINENT PROPERTIES SIR Brokerage Phone: 973-376-8188 Listed on: 11/01/2023

Last Buyer's Agent

Barbara Duncan

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,764

Year Built

  • Built in 1922

Lot Details

  • 0.62 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,764

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • I D: 5235620
  • Attribution Contact: 973-376-8188
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.20

Lot Info

  • Lot Size: .619 AC
  • Total Acres: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 7, 2023
Sold by
Bautista Cory I and Turpin Keith A
Bought by
Wethington Thomas and Hale Lauren
Seller's Agent
JOSEPH FACCHINEI
PROMINENT PROPERTIES SIR
Buyer's Agent
Barbara Duncan
COLDWELL BANKER REALTY
List Price
$895,888
Sold Price
$1,020,000
Premium/Discount to List
$124,112
13.85%
Views
95
Current Estimated Value
$1,315,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,892
Avg. Annual Appreciation
14.68%
Original Mortgage
$470,000
Outstanding Balance
$461,879
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$854,013

Purchase Details

Listed on
Aug 2, 2013
Closed on
Aug 2, 2013
Bought by
Bautista Cory I and Bautista Urpin,Keith A
Seller's Agent
JESSICA KEEFE
KELLER WILLIAMS - NJ METRO GROUP
Sold Price
$562,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Williams Ian and Williams Molly Ann
Bought by
Goueta David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
James Cuong
Bought by
Williams Ian and Williams Molly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,560
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
Veale Ernest
Bought by
Mai Catherine and Nguyen Cuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 2, 1990
Sold by
Golden Clyde and Golden Priscilla
Bought by
Veale Ernest and Veale Lisa
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Wethington Thomas $1,020,000 Realsafe Title
Bautista Cory I $562,500 --
Goueta David $356,400 None Available
Williams Ian $762,200 --
Mai Catherine $410,500 --
Veale Ernest $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wethington Thomas $470,000
Previous Owner Goueta David $408,000
Previous Owner Williams Ian $610,560
Previous Owner Mai Catherine $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $1,020,000 +13.9% $285 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $895,888 +59.3% $250 / Sq Ft
08/02/2013 08/02/13 Sold $562,500 -- $157 / Sq Ft View Prior Sale
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 $23,764 $1,020,000 $567,000 $453,000
2024 $23,764 $1,215,900 $567,000 $648,900
2022 $22,915 $653,400 $192,600 $460,800
2021 $22,118 $653,400 $192,600 $460,800
2020 $21,432 $653,400 $192,600 $460,800
2019 $20,896 $653,400 $192,600 $460,800
2018 $20,582 $653,400 $192,600 $460,800
2017 $20,072 $653,400 $192,600 $460,800
2016 $22,382 $584,700 $111,600 $473,100
2015 $21,862 $584,700 $111,600 $473,100
2014 $21,406 $584,700 $111,600 $473,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOSEPH FACCHINEI

    PROMINENT PROPERTIES SIR

  • B

    Buyer's Agent in 2023

    Barbara Duncan

    COLDWELL BANKER REALTY

    (203) 231-1208

    1 in this area

    12 Total Sales

    Barbara Duncan
    Section Image

  • J

    Seller's Agent in 2013

    JESSICA KEEFE

    KELLER WILLIAMS - NJ METRO GROUP

See All Agents

Map

Source: Garden State MLS

MLS Number: 3872610

Garden State MLS

APN: 19-00702-0000-00021

New Jersey Essex County South Orange 07079

516 Centre St, South Orange, NJ

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