NOT LISTED FOR SALE

615 Bailey Ave Unit 17 Elizabeth, NJ 07208

Elmora Neighborhood

Estimated Value: $629,000 - $913,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 26, 2022

Last sale price $624,000

Est. 23% increase in value since last sale

Current estimated payment $5,347/month

26 Days on Market

About This Home

As of August 2022

This home is located at 615 Bailey Ave Unit 17, Elizabeth, NJ 07208 since 05 May 2022 and is currently estimated at $766,976. 615 Bailey Ave Unit 17 is a home located in Union County with nearby schools including Number 12, Elmora Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

Joao Pereira

RE/MAX NEW MILLENNIUM GROUP Brokerage Phone: 908-282-1234 Listed on: 05/05/2022

RE/MAX NEW MILLENNIUM GROUP

Last Buyer's Agent

TRACIE CROWLEY

WOLF PREMIER PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,018

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,018

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 615
  • I D: 5145835
  • Modified: 2023-08-27
  • Number Images: 1
  • Attribution Contact: 908-282-1234
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 28, 2022
Sold by
Mary Campos and Mary Rose
Bought by
Palacios Carlos
Seller's Agent
Joao Pereira
RE/MAX NEW MILLENNIUM GROUP
Buyer's Agent
TRACIE CROWLEY
WOLF PREMIER PROPERTIES
List Price
$585,000
Sold Price
$624,000
Premium/Discount to List
$39,000
6.67%
Current Estimated Value
$766,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,976
Avg. Annual Appreciation
6.29%
Original Mortgage
$499,200
Outstanding Balance
$477,117
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$271,827

Purchase Details

Closed on
May 15, 2008
Sold by
Decampos Maria Irene
Bought by
Campos Jorge and Campos Rose Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
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
Palacios Carlos $624,000 Chicago Title
Palacios Carlos $624,000 Chicago Title
Campos Jorge -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Carlos $499,200
Closed Palacios Carlos $499,200
Previous Owner Campos Jorge $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $624,000 +6.7% --
05/31/2022 05/31/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $585,000 -- --
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 $14,018 $597,300 $225,000 $372,300
2023 $14,018 $44,600 $11,000 $33,600
2022 $13,638 $44,600 $11,000 $33,600
2021 $13,357 $44,600 $11,000 $33,600
2020 $13,055 $44,600 $11,000 $33,600
2019 $12,856 $44,600 $11,000 $33,600
2018 $12,730 $44,600 $11,000 $33,600
2017 $12,375 $44,600 $11,000 $33,600
2016 $12,376 $44,600 $11,000 $33,600
2015 $11,640 $44,600 $11,000 $33,600
2014 -- $44,600 $11,000 $33,600
Source: Public Records

Agents Affiliated with this Home

  • Joao Pereira

    Seller's Agent in 2022

    Joao Pereira

    RE/MAX

    (908) 451-9230

    6 in this area

    74 Total Sales

    Joao Pereira
    Section Image

  • T

    Buyer's Agent in 2022

    TRACIE CROWLEY

    WOLF PREMIER PROPERTIES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3780032

Garden State MLS

APN: 04-00010-0000-00080

New Jersey Union County Elizabeth 07208 Elmora

615 Bailey Ave Unit 17, Elizabeth, NJ

This home is located at 615 Bailey Ave Unit 17, Elizabeth, NJ 07208 since 05 May 2022 and is currently estimated at $766,976. 615 Bailey Ave Unit 17 is a home located in Union County with nearby schools including Number 12, Elmora Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

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