$637,500
SOLD OCT 16, 2024

534 Bailey Ave Union, NJ 07083

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

6% Above List Price

13 Days on Market

About This Home

As of October 2024

This home is located at 534 Bailey Ave, Union, NJ 07083 and is currently priced at $637,500. This property was built in 1940. 534 Bailey Ave is a home located in Union County with nearby schools including Washington Elementary School, Kawameeh Middle School, and Union High School.

Last Agent to Sell the Property

Adriana Madeira

REDFIN CORPORATION Brokerage Phone: 609-216-7035 Listed on: 06/24/2024

REDFIN CORPORATION

Last Buyer's Agent

Fatima Dacunha

REALTY ONE GROUP LIFESTYLE HOMES

REALTY ONE GROUP LIFESTYLE HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,856

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,856

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Union
  • Street Number Display: 534
  • I D: 5295920
  • Modified: 2024-10-17
  • Attribution Contact: 609-216-7035
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Oct 4, 2024
Sold by
Dimitrakakis Despina and Merkos Rania
Bought by
Bail Home Brand Llc
Seller's Agent
Adriana Madeira
REDFIN CORPORATION
Buyer's Agent
Fatima Dacunha
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$599,000
Sold Price
$637,500
Premium/Discount to List
$38,500
6.43%
Views
71
Current Estimated Value
$622,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,796
Avg. Annual Appreciation
-3.08%

Purchase Details

Listed on
Sep 26, 2018
Closed on
Jan 14, 2019
Sold by
Capodice Peter A and Capodice Judith L
Bought by
Dimitrakakis Despina and Merkos Rania
Seller's Agent
Tina Torres
RE/MAX LIFETIME REALTORS
List Price
$349,900
Sold Price
$369,000
Premium/Discount to List
$19,100
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$305,150
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Bargain Sale Deed $637,500 Fidelity National Title
Deed $359,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $305,150 New Conventional
Previous Owner $180,000 Stand Alone First
Previous Owner $65,000 Unknown
Previous Owner $75,000 Stand Alone Second
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $637,500 +6.4% --
07/10/2024 07/10/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $599,000 +62.3% --
01/14/2019 01/14/19 Sold $369,000 +5.5% --
10/17/2018 10/17/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $349,900 -- --
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 $10,856 $50,100 $20,000 $30,100
2023 $10,856 $50,100 $20,000 $30,100
2022 $10,479 $50,100 $20,000 $30,100
2021 $10,225 $50,100 $20,000 $30,100
2020 $10,021 $50,100 $20,000 $30,100
2019 $9,709 $49,200 $20,000 $29,200
2018 $9,543 $49,200 $20,000 $29,200
2017 $9,402 $49,200 $20,000 $29,200
2016 $9,173 $49,200 $20,000 $29,200
2015 $9,021 $49,200 $20,000 $29,200
2014 $8,819 $49,200 $20,000 $29,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3909594

Garden State MLS

APN: 19-02604-0000-00026