$490,000
SOLD APR 8, 2024
4 Beds
2 Baths
-- Sq Ft
7,100 Sq Ft Lot

Recently Sold

2% Below List Price

92 Days on Market

About This Home

As of April 2024

This home is located at 525 Trotters Ln Unit 7, Elizabeth, NJ 07208 and is currently priced at $490,000. 525 Trotters Ln Unit 7 is a home located in Union County with nearby schools including Number 23, N.M. Butler Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

MARIO MENDOZA

INVESTORS REALTY INC Brokerage Phone: 908-212-3635 Listed on: 11/20/2023

Last Buyer's Agent

MARIO MENDOZA

INVESTORS REALTY INC Brokerage Phone: 908-212-3635 Listed on: 11/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,086

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,086

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 525
  • I D: 5256963
  • Modified: 2025-04-09
  • Number Images: 1
  • Attribution Contact: 908-212-3635
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2016
Sold by
Leroy Cadogan
Bought by
Barnwell Errol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Outstanding Balance
$233,093
Interest Rate
3.58%
Estimated Equity
$303,733

Purchase Details

Closed on
May 15, 2000
Sold by
Oconnell Esq Brian M
Bought by
Cadogan Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.14%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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 -- --
Executors Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,656 No Value Available
Closed -- No Value Available
Closed $289,656 FHA
Previous Owner $369,000 Balloon
Previous Owner $315,000 Adjustable Rate Mortgage/ARM
Previous Owner $237,700 Unknown
Previous Owner $124,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Pending -- -- --
04/15/2025 04/15/25 Price Changed $499,000 -9.3% --
04/10/2025 04/10/25 For Sale $550,000 +12.2% --
04/08/2024 04/08/24 Sold $490,000 0.0% --
02/20/2024 02/20/24 Pending -- -- --
12/12/2023 12/12/23 Price Changed $490,000 -1.8% --
11/20/2023 11/20/23 For Sale $499,000 -- --
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
2024 $15,086 $510,600 $218,500 $292,100
2023 $15,086 $48,000 $13,400 $34,600
2022 $14,678 $48,000 $13,400 $34,600
2021 $14,375 $48,000 $13,400 $34,600
2020 $14,050 $48,000 $13,400 $34,600
2019 $13,836 $48,000 $13,400 $34,600
2018 $13,701 $48,000 $13,400 $34,600
2017 $13,319 $48,000 $13,400 $34,600
2016 $13,320 $48,000 $13,400 $34,600
2015 $12,528 $48,000 $13,400 $34,600
2014 -- $48,000 $13,400 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3875425

Garden State MLS

APN: 04-00011-0000-01581