550 Franklin St Unit 2 Elizabeth, NJ 07206
Elizabethport NeighborhoodEstimated Value: $713,000 - $836,000
3
Beds
2
Baths
2,408
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 550 Franklin St Unit 2, Elizabeth, NJ 07206 and is currently estimated at $785,161, approximately $326 per square foot. 550 Franklin St Unit 2 is a home located in Union County with nearby schools including Number 25, Charles J. Hudson Elementary School and Elizabeth High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2019
Sold by
Us Bank Trust Na
Bought by
Sasson Abraham
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2018
Sold by
Castano John and Castano Laurdes
Bought by
U S Bank Trust N A and Lsf10 Master Participation Trust
Purchase Details
Closed on
Nov 8, 2006
Sold by
Iglesia Luis
Bought by
Castano John and Castano Lourdes
Purchase Details
Closed on
Feb 24, 2006
Sold by
Rengifo Luz O
Bought by
Iglesia Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 30, 2001
Sold by
Calderon Juan E
Bought by
Rengifo Luz O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,764
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 28, 1998
Sold by
Citicorp Mtg Inc
Bought by
Caldeson Juan E
Purchase Details
Closed on
Sep 15, 1998
Sold by
Solorzano David and Solorzano Magdalena
Bought by
Citicorp Mtg Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Sasson Abraham | $374,900 | Coastal Title Agency | |
U S Bank Trust N A | $1,000 | None Available | |
Castano John | -- | -- | |
Iglesia Luis | $380,000 | -- | |
Rengifo Luz O | $80,000 | -- | |
Caldeson Juan E | $74,000 | -- | |
Citicorp Mtg Inc | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Sasson Abraham | $270,000 | |
Previous Owner | Iglesia Luis | $304,000 | |
Previous Owner | Rengifo Luz O | $78,764 |
Source: Public Records
Tax History Compared to Growth
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 | $11,109 | $577,400 | $142,500 | $434,900 |
2024 | $15,432 | $577,400 | $142,500 | $434,900 |
2023 | $15,432 | $49,100 | $11,000 | $38,100 |
2022 | $15,014 | $49,100 | $11,000 | $38,100 |
2021 | $14,704 | $49,100 | $11,000 | $38,100 |
2020 | $14,372 | $49,100 | $11,000 | $38,100 |
2019 | $14,153 | $49,100 | $11,000 | $38,100 |
2018 | $14,015 | $49,100 | $11,000 | $38,100 |
2017 | $13,624 | $49,100 | $11,000 | $38,100 |
2016 | $13,625 | $49,100 | $11,000 | $38,100 |
2015 | $12,815 | $49,100 | $11,000 | $38,100 |
2014 | $12,430 | $49,100 | $11,000 | $38,100 |
Source: Public Records
Map
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