NOT LISTED FOR SALE

520 Spring St Elizabeth, NJ 07201

Downtown Elizabeth Neighborhood

Estimated Value: $536,000 - $680,000

Studio
3 Baths
-- Sq Ft
62 Sq Ft Lot

Last Sold April 03, 2024

Last sale price $550,000

Est. 10% increase in value since last sale

Current estimated payment $3,918/month

7 Days on Market

About This Home

As of April 2024

This home is located at 520 Spring St, Elizabeth, NJ 07201 since 12 January 2024 and is currently estimated at $607,399. This property was built in 1910. 520 Spring St is a home located in Union County with nearby schools including Toussaint L'ouverture-Marquis de Lafayette School No. 6 and Elizabeth High School.

Last Agent to Sell the Property

Angel Marzan

PROMINENT PROPERTIES SIR Brokerage Phone: 201-585-8080 Listed on: 01/12/2024

Co-Listed By

Shana Sanchez

PROMINENT PROPERTIES SIR Brokerage Phone: 201-585-8080

Last Buyer's Agent

EMANUELA MOREIRA

RE/MAX LIFETIME REALTORS

RE/MAX LIFETIME REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 62 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Union
  • I D: 5263808
  • Attribution Contact: 201-585-8080
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 62.50X100
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 26, 2024
Sold by
Sotelo Miguel A and Sotelo Norris
Bought by
Felisbino-Filho Jose A
Seller's Agent
Angel Marzan
PROMINENT PROPERTIES SIR
Buyer's Agent
EMANUELA MOREIRA
RE/MAX LIFETIME REALTORS
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Views
25
Current Estimated Value
$607,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,399
Avg. Annual Appreciation
5.80%
Original Mortgage
$467,500
Outstanding Balance
$460,110
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$147,289

Purchase Details

Closed on
Oct 14, 2010
Sold by
Blanco Amado and Blanco Gladys
Bought by
Sotelo Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,877
Interest Rate
4.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Felisbino-Filho Jose A $550,000 Acres Land Title
Felisbino-Filho Jose A $550,000 Acres Land Title
Sotelo Miguel A $235,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felisbino-Filho Jose A $467,500
Previous Owner Sotelo Miguel A $231,877
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $550,000 +4.8% --
01/19/2024 01/19/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $525,000 -- --
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
2025 $8,891 $462,100 $204,500 $257,600
2024 $7,260 $462,100 $204,500 $257,600
2023 $7,260 $23,100 $15,000 $8,100
2022 $7,064 $23,100 $15,000 $8,100
2021 $6,918 $23,100 $15,000 $8,100
2020 $6,762 $23,100 $15,000 $8,100
2019 $6,658 $23,100 $15,000 $8,100
2018 $6,593 $23,100 $15,000 $8,100
2017 $6,410 $23,100 $15,000 $8,100
2016 $6,410 $23,100 $15,000 $8,100
2015 $6,029 $23,100 $15,000 $8,100
2014 -- $23,100 $15,000 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Angel Marzan

    Seller's Agent in 2024

    Angel Marzan

    PROMINENT PROPERTIES SIR

    (201) 850-7753

    2 in this area

    54 Total Sales

    Angel Marzan
    Section Image
  • Shana Sanchez

    Seller Co-Listing Agent in 2024

    Shana Sanchez

    PROMINENT PROPERTIES SIR

    (973) 671-8333

    2 in this area

    43 Total Sales

    Shana Sanchez
    Section Image
  • EMANUELA MOREIRA

    Buyer's Agent in 2024

    EMANUELA MOREIRA

    RE/MAX

    (908) 688-2828

    1 in this area

    10 Total Sales

    EMANUELA MOREIRA
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3881326

Garden State MLS

APN: 04-00008-0000-01541

New Jersey Union County Elizabeth 07201 Downtown Elizabeth

520 Spring St, Elizabeth, NJ

Not Listed for Sale

MultiFamily

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