NOT LISTED FOR SALE

531 Lincoln St Union City, NJ 07087

Estimated Value: $610,000 - $989,087

5 Beds
4.5 Baths
-- Sq Ft
958 Sq Ft Lot

Last Sold October 06, 2016

Last sale price $450,000

Est. 86% increase in value since last sale

Current estimated payment $5,576/month

62 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Dining Room
  • Sara M. Gilmore Academy Rated A-
  • Central Air
  • Heating System Uses Gas

About This Home

As of October 2016

11 year old, 4 level 2 family in Union City, second unit is a two floor duplex on 3rd and 4th levels with big kitchen, living room, dining room, half bath on the first level and 3 bedrooms two baths on the top level. First floor unit has two bedrooms plus living room/dining room, recreation area on the ground floor. Close to all major transportation to NYC , shopping , parks , schools and more.

Last Agent to Sell the Property

Raquel Pena

ACCESS HOMES REALTY License #0343525 Listed on: 05/06/2016

ACCESS HOMES REALTY

Last Buyer's Agent

LINDEN MOE

AMERICAS ELITE GROUP LLC License #0676268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,250

Lot Details

  • Lot Dimensions are 25x38

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Stucco

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Utility Expense $300

Listing and Financial Details

  • Legal Lot and Block 00012 02 / 00249
  • Assessor Parcel Number 6305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,250

Lot Details

0

Listing Details

  • Class: 2 FAMILY
  • Type: 2 Family
  • Building Style: Contemporary
  • Assessor Parcel Number: 6305
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Total Bedrooms: 5
  • Basement: Full, Walk-Out
  • Total Living Rooms: 2
  • First Full Floor Bathrooms: 1
  • Floor1 Other: 1
  • Floor 2 Dining Room: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 3 Dining Rooms: 1
  • Floor 3 Half Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Fourth Floor Bedrooms: 3
  • Floor 4 Full Bathrooms: 2
  • Fl4 Rooms: 3

Exterior Features

  • Exterior Finish: Aluminum/Vinyl, Brick, Stucco

Garage/Parking

  • Parking Available: 2 Cars

Utilities

  • Heating/Cooling: A/C Central, Hot Air, Gas
  • Utility Expenses: 300

Lot Info

  • Geo Address Line: 531 Lincoln St
  • Geo Primary City: Union City
  • Geo Quality: 0.95
  • Geo Secondary City: Hudson Co.
  • Lot: 00012 02
  • Lot Size: 25x38

Tax Info

  • Year: 16
  • Taxes: 16250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Sep 26, 2016
Sold by
531 Lincoln St Llc
Bought by
Doddi Alekhya
Seller's Agent
Raquel Pena
ACCESS HOMES REALTY
Buyer's Agent
LINDEN MOE
AMERICAS ELITE GROUP LLC
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Current Estimated Value
$839,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,022
Avg. Annual Appreciation
7.06%
Original Mortgage
$434,981
Outstanding Balance
$344,908
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$494,114

Purchase Details

Listed on
Jul 7, 2015
Closed on
Feb 23, 2016
Sold by
Gamboa Guillermo and Gamboa Maria
Bought by
531 Lincoln St Llc
Seller's Agent
Raquel Pena
ACCESS HOMES REALTY
Buyer's Agent
Raquel Pena
ACCESS HOMES REALTY
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.69%
Original Mortgage
$240,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2005
Sold by
Mchale Margarita and Mchale John
Bought by
Gamboa Guillermo and Gamboa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,300
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Doddi Alekhya $450,000 Old Republic National Title
531 Lincoln St Llc $330,000 First American Title Ins Co
Gamboa Guillermo $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doddi Alekhya $434,981
Previous Owner 531 Lincoln St Llc $240,000
Previous Owner Gamboa Guillermo $438,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2016 10/06/16 Sold $450,000 -14.3% --
07/07/2016 07/07/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $525,000 +59.1% --
02/29/2016 02/29/16 Sold $330,000 -17.3% -- View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
07/07/2015 07/07/15 For Sale $399,000 -- --
Source: Hudson County 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 $13,845 $762,300 $154,700 $607,600
2024 $15,914 $749,200 $150,800 $598,400
2023 $15,914 $207,000 $39,500 $167,500
2022 $15,341 $207,000 $39,500 $167,500
2021 $15,287 $207,000 $39,500 $167,500
2020 $15,113 $207,000 $39,500 $167,500
2019 $14,703 $207,000 $39,500 $167,500
2018 $14,428 $207,000 $39,500 $167,500
2017 $16,570 $240,000 $39,500 $200,500
2016 $20,133 $292,200 $39,500 $252,700
2015 $19,040 $292,200 $39,500 $252,700
2014 $18,616 $292,200 $39,500 $252,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson County MLS

MLS Number: 160006574

Hudson County MLS

APN: 10-00249-0000-00012-02