$201,000
SOLD OCT 19, 2016

559 W Inman Ave Rahway, NJ 07065

3 Beds
2 Baths
1,374 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

34% Above List Price

17 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Bathtub with Shower
  • Storm Doors

About This Home

As of April 2017

Needs updating, excellent neighborhood, great potential for an investor or renovation loan.

Last Buyer's Agent

Francesca Azzara

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,843

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Composition Shingle

Interior Spaces

  • 1,374 Sq Ft Home
  • Formal Dining Room
  • Wall to Wall Carpet
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2913-00054-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,843

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1939
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 559
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting
  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Carbon Monoxide Detector
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Estimated Sq Ft: 1374
  • Ground Level Rooms: Bath(s) Other, Kitchen, LivDinRm

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X153
  • Assessed Improvement Value: 81900
  • Assessed Land Value: 58100
  • Assessment: 140000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.18

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 8843
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2913-00054-0000-00009-0000-
  • Tax Rate Amount: 6.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 19, 2017
Sold by
Sarmiento Jorge and Salgado Olivia Sarmiento
Bought by
Plonski Zbigniew and Plonski Jadwiga
Seller's Agent
Francesca Azzara
COLDWELL BANKER REALTY
Buyer's Agent
Francesca Azzara
COLDWELL BANKER REALTY
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$588,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,940
Avg. Annual Appreciation
6.38%
Original Mortgage
$325,120
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 26, 2016
Closed on
Oct 19, 2016
Sold by
Bowley Ann L
Bought by
Sarmiento Jorge
Buyer's Agent
Francesca Azzara
COLDWELL BANKER REALTY
List Price
$150,000
Sold Price
$201,000
Premium/Discount to List
$51,000
34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.55%
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 Type Sale Price Title Company
Deed $350,000 None Available
Deed $201,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,339 FHA
Closed $325,120 FHA
Previous Owner $390,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $300,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $350,000 +0.3% --
03/07/2017 03/07/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $349,000 +73.6% --
10/19/2016 10/19/16 Sold $201,000 +34.0% $146 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $150,000 -- $109 / 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 $11,855 $160,100 $58,100 $102,000
2024 $11,482 $160,100 $58,100 $102,000
2023 $11,482 $160,100 $58,100 $102,000
2022 $11,242 $160,100 $58,100 $102,000
2021 $11,129 $160,100 $58,100 $102,000
2020 $11,087 $160,100 $58,100 $102,000
2019 $10,857 $158,800 $58,100 $100,700
2018 $10,628 $158,800 $58,100 $100,700
2017 $9,139 $140,000 $58,100 $81,900
2016 $8,945 $140,000 $58,100 $81,900
2015 $8,844 $140,000 $58,100 $81,900
2014 $8,686 $140,000 $58,100 $81,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3325222

Garden State MLS

APN: 13-00054-0000-00009