NOT LISTED FOR SALE

543 Olive Terrace Union, NJ 07083

Estimated Value: $583,000 - $763,721

3 Beds
2 Baths
100 Sq Ft
$6,679/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $370,000 $3,700 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,475/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Patio
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of January 2017

Stop The Car!!1 Take advantage of a rare opportunity to own a 3 bedroom, 2 bathroom colonial home that is move in ready. With central heat/air and a finished basement this home is waiting for you!

Last Agent to Sell the Property

GAVIN FRATER

COLDWELL BANKER REALTY Listed on: 11/17/2016

Last Buyer's Agent

Octavio Mendes

KELLER WILLIAMS MID-TOWN DIRECT

KELLER WILLIAMS MID-TOWN DIRECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,745

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Privacy Fence

Parking

  • 1 Car Attached Garage
  • Paver Block

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Formal Dining Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • French Drain

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Washington Elementary School
  • Kawameeh Middle School
  • Union High School

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2919-02514-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,745

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 543
  • Directions: Morris Avenue to Colonial to Olive
  • I D: 4671760
  • Modified: 2018-01-27
  • Number Images: 20
  • First Name: GAVIN
  • First Name3: OCTAVIO J.
  • Last Name: FRATER
  • Last Name3: MENDES
  • Office Phone: 973-359-6300
  • Office Phone3: 973-913-8008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: French Drain, Full, Finished
  • Basement Level Rooms: Laundry Room, Leisure, Utility Room
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Level 1 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: Bath(s) Other, LivDinRm
  • Phone: 973-921-1111

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Storage Shed, Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Cent Register Heat
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Washington
  • Middle School: Kawameeh
  • High School: Union
  • High School: Union
  • Middle Jr High School: Kawameeh

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 27700
  • Assessed Land Value: 20000
  • Assessment: 47700
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8745
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2919-02514-0000-00007-0000-
  • Tax Rate Amount: 18.335
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Jan 20, 2017
Sold by
Daboh Ibrahim K and Daboh Ronnesha
Bought by
Oliveira Carla Maria
Seller's Agent
GAVIN FRATER
COLDWELL BANKER REALTY
Buyer's Agent
Octavio Mendes
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%
Current Estimated Value
$667,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,930
Avg. Annual Appreciation
7.03%
Original Mortgage
$296,000
Outstanding Balance
$245,174
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$422,756

Purchase Details

Closed on
Mar 29, 2010
Sold by
Dos Santos David and Martinez Dolores Elena
Bought by
Daboh Ibrahim K and Daboh Ronnesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,040
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2006
Sold by
Dos Santos David
Bought by
Dos Santos David and Martinez Dolores Elena

Purchase Details

Closed on
Oct 25, 2006
Sold by
Deoliveira Roberto
Bought by
Dos Santos David

Purchase Details

Closed on
Jun 15, 2006
Sold by
The Wasner Trust
Bought by
Deoliveira Roberto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Oliveira Carla Maria $370,000 Acres Land Title Agency Inc
Daboh Ibrahim K $329,000 None Available
Dos Santos David -- --
Dos Santos David -- --
Deoliveira Roberto C $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveira Carla Maria $296,000
Previous Owner Daboh Ibrahim K $323,040
Previous Owner Deoliveira Roberto C $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $370,000 +2.8% $3,700 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $360,000 -- $3,600 / Sq Ft
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 $11,041 $49,400 $20,000 $29,400
2024 $10,704 $49,400 $20,000 $29,400
2023 $10,704 $49,400 $20,000 $29,400
2022 $10,333 $49,400 $20,000 $29,400
2021 $10,082 $49,400 $20,000 $29,400
2020 $9,881 $49,400 $20,000 $29,400
2019 $9,748 $49,400 $20,000 $29,400
2018 $9,582 $49,400 $20,000 $29,400
2017 $9,115 $47,700 $20,000 $27,700
2016 $8,893 $47,700 $20,000 $27,700
2015 $8,746 $47,700 $20,000 $27,700
2014 $8,550 $47,700 $20,000 $27,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    GAVIN FRATER

    COLDWELL BANKER REALTY

  • Octavio Mendes

    Buyer's Agent in 2017

    Octavio Mendes

    KELLER WILLIAMS MID-TOWN DIRECT

    (201) 207-7228

    2 in this area

    27 Total Sales

    Octavio Mendes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3349248

Garden State MLS

APN: 19-02514-0000-00007

New Jersey Union County Union Township 07083

543 Olive Terrace, Union Township, NJ

This home is located at 543 Olive Terrace, Union, NJ 07083 since 17 November 2016 and is currently estimated at $667,930, approximately $6,679 per square foot. This property was built in 1960. 543 Olive Terrace is a home located in Union County with nearby schools including Washington Elementary School, Union High School, and St Michael Parish School.

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