NOT LISTED FOR SALE

521 Homer Terrace Union, NJ 07083

Estimated Value: $425,319 - $567,000

4 Beds
1 Bath
-- Sq Ft
53 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $450,000

Est. 16% increase in value since last sale

Current estimated payment $3,533/month

15 Days on Market

About This Home

As of June 2023

This home is located at 521 Homer Terrace, Union, NJ 07083 since 12 April 2023 and is currently estimated at $520,580. This property was built in 1939. 521 Homer Terrace is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

Last Agent to Sell the Property

Steven Merlo

NEXTHOME NEW PROSPECTS REALTY Brokerage Phone: 908-490-8866 Listed on: 04/12/2023

NEXTHOME NEW PROSPECTS REALTY

Last Buyer's Agent

Michelle Maia

REALTY OF AMERICA

REALTY OF AMERICA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,142

Year Built

  • Built in 1939

Lot Details

  • 53 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,142

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Union
  • Street Number Display: 521
  • I D: 5211111
  • Modified: 2024-06-21
  • Number Images: 1
  • Attribution Contact: 908-490-8866
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 53.83X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Jun 14, 2023
Sold by
Ciasulli Keri Lyn
Bought by
Sorrentino Thomas W
Seller's Agent
Steven Merlo
NEXTHOME NEW PROSPECTS REALTY
Buyer's Agent
Michelle Maia
REALTY OF AMERICA
List Price
$379,000
Sold Price
$450,000
Premium/Discount to List
$71,000
18.73%
Views
50
Current Estimated Value
$520,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,580
Avg. Annual Appreciation
6.63%
Original Mortgage
$436,500
Outstanding Balance
$425,655
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$94,925

Purchase Details

Closed on
Oct 20, 2016
Sold by
Chavez Manuel
Bought by
Ciasulli Keri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,955
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2010
Sold by
Deflores Ann Marie and Deflores Ann
Bought by
Chavez Manuel and Ciasulli Keri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,080
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Sorrentino Thomas W $450,000 None Listed On Document
Sorrentino Thomas W $450,000 None Listed On Document
Ciasulli Keri $145,540 Vantage Point Title Inc
Chavez Manuel $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrentino Thomas W $436,500
Closed Sorrentino Thomas W $436,500
Previous Owner Ciasulli Keri $261,955
Previous Owner Chavez Manuel $291,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $450,000 +18.7% --
04/27/2023 04/27/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $379,000 -- --
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 $9,142 $41,800 $20,500 $21,300
2024 $8,863 $40,900 $20,500 $20,400
2023 $8,863 $40,900 $20,500 $20,400
2022 $8,555 $40,900 $20,500 $20,400
2021 $8,347 $40,900 $20,500 $20,400
2020 $8,181 $40,900 $20,500 $20,400
2019 $8,071 $40,900 $20,500 $20,400
2018 $7,933 $40,900 $20,500 $20,400
2017 $7,816 $40,900 $20,500 $20,400
2016 $7,625 $40,900 $20,500 $20,400
2015 $7,499 $40,900 $20,500 $20,400
2014 $7,331 $40,900 $20,500 $20,400
Source: Public Records

Agents Affiliated with this Home

  • Steven Merlo

    Seller's Agent in 2023

    Steven Merlo

    NEXTHOME NEW PROSPECTS REALTY

    (908) 403-0300

    1 in this area

    26 Total Sales

    Steven Merlo
    Section Image
  • Michelle Maia

    Buyer's Agent in 2023

    Michelle Maia

    REALTY OF AMERICA

    (973) 368-7740

    4 in this area

    49 Total Sales

    Michelle Maia
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3837743

Garden State MLS

APN: 19-02513-0000-00012

New Jersey Union County Union Township 07083

521 Homer Terrace, Union Township, NJ

This home is located at 521 Homer Terrace, Union, NJ 07083 since 12 April 2023 and is currently estimated at $520,580. This property was built in 1939. 521 Homer Terrace is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St. Theresa School.

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