$650,000
SOLD OCT 22, 2024

525 Downer St Unit 2 Westfield, NJ 07090

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

4% Above List Price

12 Days on Market

About This Home

As of October 2024

This home is located at 525 Downer St Unit 2, Westfield, NJ 07090 and is currently priced at $650,000. 525 Downer St Unit 2 is a home located in Union County with nearby schools including McKinley Elementary School, Edison Intermediate School, and Westfield Senior High School.

Last Agent to Sell the Property

JACQUELINE MANDELL

KELLER WILLIAMS REALTY Brokerage Phone: 908-233-8502 Listed on: 09/05/2024

Last Buyer's Agent

JACQUELINE MANDELL

KELLER WILLIAMS REALTY Brokerage Phone: 908-233-8502 Listed on: 09/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,641

Lot Details

  • 7,405 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,641

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 525
  • I D: 5309701
  • Modified: 2024-10-23
  • Number Images: 1
  • Attribution Contact: 908-233-8502
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 34X145
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 18, 2024
Sold by
Catherine S Pericolo Testamentary Trust and Pericolo Anthony A
Bought by
Paczos Aleksander and Paczos Melissa
Seller's Agent
JACQUELINE MANDELL
KELLER WILLIAMS REALTY
Buyer's Agent
JACQUELINE MANDELL
KELLER WILLIAMS REALTY
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Views
22
Current Estimated Value
$721,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,502
Avg. Annual Appreciation
11.61%
Original Mortgage
$450,000
Outstanding Balance
$445,133
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$276,369

Purchase Details

Closed on
Apr 4, 2024
Sold by
Cirillo Gennaro and Pericolo Catherine S
Bought by
Catherine S Pericolo Trust and Pericolo
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Deed $650,000 First American Title
Deed $650,000 First American Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Closed $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $650,000 +4.0% --
09/17/2024 09/17/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $625,000 -- --
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 $11,641 $512,200 $264,800 $247,400
2024 $11,403 $516,900 $264,800 $252,100
2023 $11,403 $516,900 $264,800 $252,100
2022 $11,165 $516,900 $264,800 $252,100
2021 $11,181 $516,900 $264,800 $252,100
2020 $11,155 $516,900 $264,800 $252,100
2019 $11,113 $516,900 $264,800 $252,100
2018 $9,409 $101,200 $25,300 $75,900
2017 $9,357 $101,200 $25,300 $75,900
2016 $9,137 $101,200 $25,300 $75,900
2015 $8,955 $101,200 $25,300 $75,900
2014 $8,660 $101,200 $25,300 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3922175

Garden State MLS

APN: 20-02708-0000-00017