NOT LISTED FOR SALE

586 W Inman Ave Rahway, NJ 07065

Estimated Value: $514,000 - $545,734

3 Beds
2 Baths
100 Sq Ft
$5,352/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $175,100 $1,751 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $3,650/month

About This Home

As of August 2013

This home is located at 586 W Inman Ave, Rahway, NJ 07065 since 06 August 2013 and is currently estimated at $535,184, approximately $5,351 per square foot. This property was built in 1939. 586 W Inman Ave is a home located in Union County with nearby schools including Rahway High School.

Last Agent to Sell the Property

GUILLERMO ARGOTE

COLDWELL BANKER LIBERTY Brokerage Phone: 908-527-1711 Listed on: 08/06/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 1939

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,893

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Union
  • Street Number Display: 586
  • I D: 4282748
  • Modified: 2014-08-07
  • Number Images: 1
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X147
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Momah Timothy and Momah Olamiposi
Bought by
Momah Timothy and Momah Olamipori
Current Estimated Value
$535,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Outstanding Balance
$100,746
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$434,438

Purchase Details

Listed on
Aug 6, 2013
Closed on
Aug 7, 2013
Sold by
Paco Fredy and Tapla Rebeca
Bought by
Ospina Rudy M and Ospina Yanet
Seller's Agent
GUILLERMO ARGOTE
COLDWELL BANKER LIBERTY
Sold Price
$175,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$142,551
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2006
Sold by
Thompson Jeremy S
Bought by
Paco Fredy and Tapia Rebeca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2002
Sold by
Ruales Loriann
Bought by
Thompson Jeremy and Sockel Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.04%

Purchase Details

Closed on
May 15, 2001
Sold by
Lasitzke Leo A and Padaroff Barbara
Bought by
Ruales Loriann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
7.03%
Mortgage Type
Stand Alone First
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
Momah Timothy -- Chicago Title Insurance Co
Ospina Rudy M $175,100 None Available
Paco Fredy $337,000 --
Thompson Jeremy $200,000 --
Thompson Jeremy S $200,000 --
Ruales Loriann $158,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ospina Rudy M $137,000
Open Momah Timothy $293,600
Closed Ospina Rudy M $140,460
Closed Ospina Rudy M $142,551
Previous Owner Paco Fredy $337,000
Previous Owner Thompson Jeremy S $160,000
Previous Owner Ruales Loriann $150,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $175,100 -- $1,751 / 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 $9,893 $133,600 $58,600 $75,000
2024 $9,582 $133,600 $58,600 $75,000
2023 $9,582 $133,600 $58,600 $75,000
2022 $9,381 $133,600 $58,600 $75,000
2021 $9,287 $133,600 $58,600 $75,000
2020 $9,252 $133,600 $58,600 $75,000
2019 $9,134 $133,600 $58,600 $75,000
2018 $8,942 $133,600 $58,600 $75,000
2017 $8,721 $133,600 $58,600 $75,000
2016 $8,536 $133,600 $58,600 $75,000
2015 $8,440 $133,600 $58,600 $75,000
2014 $8,289 $133,600 $58,600 $75,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    GUILLERMO ARGOTE

    COLDWELL BANKER LIBERTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2987085

Garden State MLS

APN: 13-00029-0000-00025

New Jersey Union County Rahway 07065

586 W Inman Ave, Rahway, NJ

This home is located at 586 W Inman Ave, Rahway, NJ 07065 since 06 August 2013 and is currently estimated at $535,184, approximately $5,351 per square foot. This property was built in 1939. 586 W Inman Ave is a home located in Union County with nearby schools including Rahway High School.

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