$565,000
SOLD AUG 26, 2024

527 Spruce Ave Garwood, NJ 07027

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

2% Below List Price

21 Days on Market

About This Home

As of April 2025

This home is located at 527 Spruce Ave, Garwood, NJ 07027 and is currently priced at $565,000. This property was built in 1942. 527 Spruce Ave is a home located in Union County with nearby schools including Lincoln Franklin Elementary, Lightbridge Academy of Westfield, and Christopher Academy Montessori.

Last Agent to Sell the Property

SHANNON DELLA FORTUNA

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 06/25/2024

Last Buyer's Agent

SHANNON DELLA FORTUNA

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 06/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,775

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,775

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • County Name: Union
  • Street Number Display: 527
  • I D: 5296600
  • Modified: 2024-08-26
  • Number Images: 1
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X125
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Apr 24, 2025
Sold by
Cumbicus Jose and Lozano Luis
Bought by
Colonni Nicholas and Colonni Emily
Seller's Agent
SHANNON DELLA FORTUNA
WEICHERT REALTORS
Buyer's Agent
Trevor Bovington
KELLER WILLIAMS REALTY
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$548,000
Outstanding Balance
$547,518
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$142,955

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 19, 2024
Sold by
Margeotes Paul and Margeotes Anne M
Bought by
Cumbicus Jose and Lozano Luis
Seller's Agent
SHANNON DELLA FORTUNA
WEICHERT REALTORS
Buyer's Agent
SHANNON DELLA FORTUNA
WEICHERT REALTORS
List Price
$574,000
Sold Price
$565,000
Premium/Discount to List
-$9,000
-1.57%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.74%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Petill Edith
Bought by
Margeotes Paul and Margeotes Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,199
Interest Rate
5.28%
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 $685,000 Goldfinch Title
Deed $565,000 Westcor Land Title
Deed $243,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $406,609 Stand Alone Refi Refinance Of Original Loan
Previous Owner $406,609 FHA
Previous Owner $400,645 FHA
Previous Owner $44,500 Stand Alone Second
Previous Owner $288,000 New Conventional
Previous Owner $239,199 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $685,000 -2.0% --
03/20/2025 03/20/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $699,000 +23.7% --
08/26/2024 08/26/24 Sold $565,000 -1.6% --
07/19/2024 07/19/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $574,000 -- --
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 $9,775 $361,500 $205,000 $156,500
2023 $9,775 $361,500 $205,000 $156,500
2022 $9,515 $361,500 $205,000 $156,500
2021 $9,247 $361,500 $205,000 $156,500
2020 $9,099 $361,500 $205,000 $156,500
2019 $8,562 $84,600 $33,100 $51,500
2018 $8,380 $84,600 $33,100 $51,500
2017 $8,177 $84,600 $33,100 $51,500
2016 $7,966 $84,600 $33,100 $51,500
2015 $7,864 $84,600 $33,100 $51,500
2014 $7,582 $84,600 $33,100 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3909764

Garden State MLS

APN: 06-00309-0000-00009