NOT LISTED FOR SALE

548 E 2nd St Plainfield, NJ 07060

Estimated Value: $551,000 - $679,539

-- Bed
-- Bath
1,655 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $426,000 $257 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,371/month

63 Days on Market

About This Home

As of February 2020

This home is located at 548 E 2nd St, Plainfield, NJ 07060 since 01 November 2019 and is currently estimated at $601,135, approximately $363 per square foot. This property was built in 1921. 548 E 2nd St is a home located in Union County with nearby schools including Dewitt D. Barlow Elementary School, Maxson Middle School, and Plainfield High School.

Last Agent to Sell the Property

Jessica Camino

RE/MAX SELECT Brokerage Phone: 908-769-0011 Listed on: 11/01/2019

RE/MAX SELECT

Last Buyer's Agent

MICHELE MESSINA

RE/MAX VILLA REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,615

Year Built

  • Built in 1921

Lot Details

  • 33 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,615

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • County Name: Union
  • Street Number Display: 548
  • I D: 4938177
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-769-0011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33.56X156.03IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 15, 2020
Sold by
Arkad Rental Properties Ii Llc
Bought by
Costabile Paolo
Seller's Agent
Jessica Camino
RE/MAX SELECT
Buyer's Agent
MICHELE MESSINA
RE/MAX VILLA REALTORS
List Price
$425,000
Sold Price
$426,000
Premium/Discount to List
$1,000
0.24%
Current Estimated Value
$601,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,135
Avg. Annual Appreciation
6.93%
Original Mortgage
$319,500
Outstanding Balance
$287,653
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$325,391

Purchase Details

Closed on
Jun 28, 2017
Sold by
Arkad Rental Properties Iii Llc
Bought by
Arkad Rental Properties Ii Llc

Purchase Details

Closed on
Apr 19, 2017
Sold by
Nieves Luzcelenia and City Of Plainfield
Bought by
Arkad Rental Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2009
Sold by
Pearce Bates Susan
Bought by
Nieves Luzcelenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,081
Interest Rate
4.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Costabile Paolo $426,000 Elite Title Group Llc
Arkad Rental Properties Ii Llc -- Old Republic Natl Ins Co
Arkad Rental Properties Iii Llc $121,000 None Available
Nieves Luzcelenia $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costabile Paolo $319,500
Previous Owner Arkad Rental Properties Iii Llc $195,000
Previous Owner Nieves Luzcelenia $39,896
Previous Owner Nieves Luzcelenia $207,081
Previous Owner Pearce Bates Susan $100,000
Previous Owner Pearce Otha $25,000
Previous Owner Reyes Raul $89,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $426,000 +0.2% $257 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $425,000 -- $257 / 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
2024 $12,615 $145,900 $25,900 $120,000
2023 $12,615 $145,900 $25,900 $120,000
2022 $12,342 $145,900 $25,900 $120,000
2021 $12,234 $145,900 $25,900 $120,000
2020 $11,112 $132,900 $25,900 $107,000
2019 $11,112 $132,900 $25,900 $107,000
2018 $10,879 $132,900 $25,900 $107,000
2017 $10,613 $132,900 $25,900 $107,000
2016 $10,397 $132,900 $25,900 $107,000
2015 $10,090 $132,900 $25,900 $107,000
2014 $9,816 $132,900 $25,900 $107,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Camino

    Seller's Agent in 2020

    Jessica Camino

    RE/MAX

    (908) 224-3057

    25 in this area

    48 Total Sales

    Jessica Camino
    Section Image

  • M

    Buyer's Agent in 2020

    MICHELE MESSINA

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3598633

Garden State MLS

APN: 12-00325-0000-00014

New Jersey Union County Plainfield 07060

548 E 2nd St, Plainfield, NJ

This home is located at 548 E 2nd St, Plainfield, NJ 07060 since 01 November 2019 and is currently estimated at $601,135, approximately $363 per square foot. This property was built in 1921. 548 E 2nd St is a home located in Union County with nearby schools including Dewitt D. Barlow Elementary School, Maxson Middle School, and Plainfield High School.

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