NOT LISTED FOR SALE

Estimated Value: $607,000 - $712,236

-- Bed
2 Baths
-- Sq Ft
2,178 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $318,000

Est. 124% increase in value since last sale

Current estimated payment $5,095/month

179 Days on Market

About This Home

As of July 2019

This home is located at 59 2nd St, South Orange, NJ 07079 since 28 January 2019 and is currently estimated at $669,059. This property was built in 1913. 59 2nd St is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 01/28/2019

Last Buyer's Agent

ASCENSAO H. GUTIERREZ

RE/MAX PROFESSIONALS I

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,421

Year Built

  • Built in 1913

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,421

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Year Built: 1913
  • County Name: Essex
  • Street Number Display: 59
  • I D: 4866047
  • Modified: 2020-08-01
  • Number Images: 1
  • Attribution Contact: 973-450-4000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .047 AC
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Aug 5, 2019
Sold by
Federal Home Loan Mortgag E Corporatio N
Bought by
Buggeln Cristine E
Seller's Agent
Jorge Velasquez
RE/MAX PROFESSIONALS I
Buyer's Agent
ASCENSAO H. GUTIERREZ
RE/MAX PROFESSIONALS I
List Price
$349,900
Sold Price
$318,000
Premium/Discount to List
-$31,900
-9.12%
Current Estimated Value
$710,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,955
Avg. Annual Appreciation
13.13%
Original Mortgage
$548,266
Outstanding Balance
$482,737
Interest Rate
3.75%
Estimated Equity
$186,322

Purchase Details

Closed on
Dec 26, 2001
Sold by
Seake Helen
Bought by
Ube Rhonda

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
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1999
Sold by
South Orange Prof Plaza
Bought by
Shakh Helen
Source: Public Records

Range of Values:

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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
Buggeln Cristine E $318,000 --
Ube Rhonda $250,000 --
Shakh Helen $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buggeln Cristine E $128,173
Open Buggeln Cristine E $548,266
Closed Buggeln Cristine E --
Closed Buggeln Cristine E $548,266
Previous Owner Ube Rhonda $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $318,000 -9.1% --
07/26/2019 07/26/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $349,900 -- --
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 $14,421 $539,800 $199,800 $340,000
2024 $14,421 $539,800 $199,800 $340,000
2022 $13,905 $396,500 $71,600 $324,900
2021 $13,422 $396,500 $71,600 $324,900
2020 $13,005 $396,500 $71,600 $324,900
2019 $12,680 $396,500 $71,600 $324,900
2018 $12,490 $396,500 $71,600 $324,900
2017 $12,180 $396,500 $71,600 $324,900
2016 $10,998 $287,300 $133,300 $154,000
2015 $10,742 $287,300 $133,300 $154,000
2014 $10,518 $287,300 $133,300 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3528217

Garden State MLS

APN: 19-02006-0000-00014