NOT LISTED FOR SALE

Estimated Value: $696,000 - $806,000

-- Bed
3 Baths
2,240 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $525,000 $234 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,433/month

42 Days on Market

About This Home

As of March 2021

This home is located at 631 Magnolia Ave Unit 2, Elizabethport, NJ 07206 since 01 December 2020 and is currently estimated at $765,461, approximately $341 per square foot. 631 Magnolia Ave Unit 2 is a home located in Union County with nearby schools including Number 20, John Marshall Elementary School and Elizabeth High School.

Last Agent to Sell the Property

Angela Becerra

PROMINENT PROPERTIES SIR Brokerage Phone: 201-840-8898 Listed on: 12/01/2020

PROMINENT PROPERTIES SIR

Last Buyer's Agent

Peter Boutros

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,458

Lot Details

  • 90 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,458

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 631
  • I D: 5035374
  • Modified: 2022-03-11
  • Number Images: 1
  • Attribution Contact: 201-840-8898
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X80.90 X IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Mar 10, 2021
Sold by
Arguedas Wilbert
Bought by
Luna Nemesio Castillo and Martinez Nemesio C
Seller's Agent
Angela Becerra
PROMINENT PROPERTIES SIR
Buyer's Agent
Peter Boutros
EXP REALTY, LLC
List Price
$519,000
Sold Price
$525,000
Premium/Discount to List
$6,000
1.16%
Current Estimated Value
$765,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,461
Avg. Annual Appreciation
8.55%
Original Mortgage
$515,490
Outstanding Balance
$467,320
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$286,567

Purchase Details

Closed on
Feb 12, 2018
Sold by
Gonecalves Alberto
Bought by
Arguedas Wilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2017
Sold by
Bayview Loan Servicing Llc
Bought by
Goncalves Alberto and The Mg Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2017
Sold by
Nova Robert and Nova Susan
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Apr 16, 2013
Sold by
Evolutionary Marketing Llc
Bought by
Nova Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2012
Sold by
Reyes Victor
Bought by
Evolutianary Marketing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2006
Sold by
Mendoza Wilmer
Bought by
Reyes Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.33%

Purchase Details

Closed on
May 7, 2003
Sold by
Chavez Candida De La Fuente
Bought by
Mendoza Wilmer and Stabile Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,295
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2001
Sold by
Unidos Carpentry Inc
Bought by
Delafuente Chavez Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
6.77%

Purchase Details

Closed on
Jan 8, 2001
Sold by
City Hall
Bought by
Unidos Carpentry Inc
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
Luna Nemesio Castillo $525,000 Ridge Title Agency Llc
Arguedas Wilbert $330,000 Evident Title Agency
Goncalves Alberto $220,000 Hometown Title Ins
Bayview Loan Servicing Llc $286,297 None Available
Nova Robert $305,000 Agent For Chicago Title Insu
Evolutianary Marketing Llc $145,000 None Available
Reyes Victor $432,000 --
Mendoza Wilmer $314,150 --
Delafuente Chavez Candida $244,650 --
Unidos Carpentry Inc $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Nemesio Castillo $515,490
Previous Owner Arguedas Wilbert $247,500
Previous Owner Goncalves Alberto $234,000
Previous Owner Nova Robert $299,475
Previous Owner Evolutianary Marketing Llc $140,000
Previous Owner Reyes Victor $468,438
Previous Owner Reyes Victor $465,732
Previous Owner Reyes Victor $345,600
Previous Owner Mendoza Wilmer $309,295
Previous Owner Delafuente Chavez Candida $232,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $525,000 +1.2% $234 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $519,000 -1.1% $232 / Sq Ft
01/05/2021 01/05/21 Off Market $525,000 -- --
12/01/2020 12/01/20 For Sale $519,000 -- $232 / 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
2024 $14,458 $522,200 $128,300 $393,900
2023 $14,458 $46,000 $5,100 $40,900
2022 $14,066 $46,000 $5,100 $40,900
2021 $13,776 $46,000 $5,100 $40,900
2020 $13,465 $46,000 $5,100 $40,900
2019 $13,836 $48,000 $5,100 $42,900
2018 $13,701 $48,000 $5,100 $42,900
2017 $13,319 $48,000 $5,100 $42,900
2016 $13,320 $48,000 $5,100 $42,900
2015 $12,528 $48,000 $5,100 $42,900
2014 $12,152 $48,000 $5,100 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3682300

Garden State MLS

APN: 04-00007-0000-00786