NOT LISTED FOR SALE

705 Grier Ave Unit 707 Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $926,000 - $994,815

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $900,000

Est. 7% increase in value since last sale

Current estimated payment $5,839/month

38 Days on Market

About This Home

As of August 2023

This home is located at 705 Grier Ave Unit 707, Elizabeth, NJ 07202 since 10 April 2023 and is currently estimated at $960,408. 705 Grier Ave Unit 707 is a home located in Union County with nearby schools including Mabel G. Holmes School No. 5, Elizabeth High School, and Sinai Christian Academy.

Last Agent to Sell the Property

Lina Lopes

RE/MAX NEW MILLENNIUM GROUP Brokerage Phone: 908-282-1234 Listed on: 04/10/2023

RE/MAX NEW MILLENNIUM GROUP

Last Buyer's Agent

Rogeria Pereira

RE/MAX NEW MILLENNIUM GROUP

RE/MAX NEW MILLENNIUM GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,386

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,386

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 705
  • I D: 5213737
  • Modified: 2024-08-02
  • Number Images: 1
  • Attribution Contact: 908-282-1234
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X100
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Jul 19, 2023
Sold by
Melsy Builders Llc
Bought by
Agudelo-Canaveral Andres F and Agudelo-Canaveral Jonathan A
Seller's Agent
Lina Lopes
RE/MAX NEW MILLENNIUM GROUP
Buyer's Agent
Rogeria Pereira
RE/MAX NEW MILLENNIUM GROUP
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Views
57
Current Estimated Value
$960,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,408
Avg. Annual Appreciation
3.15%
Original Mortgage
$669,962
Outstanding Balance
$655,349
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$304,644

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 17, 2022
Sold by
Cabral Carlos Costa
Bought by
Melsy Builders Llc
Seller's Agent
Lina Lopes
RE/MAX NEW MILLENNIUM GROUP
Buyer's Agent
Lina Lopes
RE/MAX NEW MILLENNIUM GROUP
List Price
$299,999
Sold Price
$270,000
Premium/Discount to List
-$29,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
377.60%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Cabral Virginia and Cabral Carlos Costa
Bought by
Cabral Carlos Costa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Agudelo-Canaveral Andres F $900,000 Mega Title
Agudelo-Canaveral Andres F $900,000 Mega Title
Melsy Builders Llc $270,000 Fidelity National Title
Cabral Carlos Costa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agudelo-Canaveral Andres F $669,962
Closed Agudelo-Canaveral Andres F $669,962
Previous Owner Cabral Carlos Costa $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $900,000 0.0% --
05/18/2023 05/18/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $899,900 +233.3% --
10/24/2022 10/24/22 Sold $270,000 -10.0% --
09/23/2022 09/23/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $299,999 -- --
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 $7,386 $265,000 $265,000 $550,000
2023 $7,386 $23,500 $8,000 $15,500
2022 $7,186 $23,500 $8,000 $15,500
2021 $7,038 $23,500 $8,000 $15,500
2020 $6,879 $23,500 $8,000 $15,500
2019 $6,774 $23,500 $8,000 $15,500
2018 $6,708 $23,500 $8,000 $15,500
2017 $6,521 $23,500 $8,000 $15,500
2016 $6,521 $23,500 $8,000 $15,500
2015 $6,133 $23,500 $8,000 $15,500
2014 -- $23,500 $8,000 $15,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3837456

Garden State MLS

APN: 04-00004-0000-00766