NOT LISTED FOR SALE

718 E 7th St Plainfield, NJ 07062

Estimated Value: $533,000 - $628,000

-- Bed
-- Bath
1,322 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $500,000 $378 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,893/month

17 Days on Market

About This Home

As of August 2021

This home is located at 718 E 7th St, Plainfield, NJ 07062 since 09 July 2021 and is currently estimated at $589,315, approximately $445 per square foot. 718 E 7th St is a home located in Union County with nearby schools including Charles and Anna Booker School, Maxson Middle School, and Plainfield High School.

Last Agent to Sell the Property

Peter Boutros

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 07/09/2021

EXP REALTY, LLC

Last Buyer's Agent

GREGORY GUILLAUME

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5087342
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 30X200
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 30, 2021
Sold by
Paul Gabriel
Bought by
Lawrence Staphon and Brown Courtney
Seller's Agent
Peter Boutros
EXP REALTY, LLC
Buyer's Agent
GREGORY GUILLAUME
REALTY ONE GROUP LIFESTYLE HOMES
List Price
$450,000
Sold Price
$500,000
Premium/Discount to List
$50,000
11.11%
Current Estimated Value
$598,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,925
Avg. Annual Appreciation
3.85%
Original Mortgage
$481,124
Outstanding Balance
$437,787
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$151,528

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jul 11, 2017
Sold by
Wong Susan
Bought by
Paul Gabriel
Seller's Agent
DAYBE VAZQUEZ
EXP REALTY, LLC
Buyer's Agent
Camille Haynes
EXP REALTY, LLC
List Price
$279,000
Sold Price
$273,000
Premium/Discount to List
-$6,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$244,505
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2016
Sold by
Union County Sheriff
Bought by
Wong Susan

Purchase Details

Closed on
Nov 23, 2009
Sold by
Mohabir Rosanna M
Bought by
Mohabir Rosanna M and Mohabir Radesh

Purchase Details

Closed on
Apr 3, 2009
Sold by
Kiesel Glenn
Bought by
Mohabir Rosanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Kiesel Glen

Purchase Details

Closed on
Nov 14, 2007
Sold by
Alvarez Alvarez Nelson Nelson and Alvarez Mrs Nelson
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital 1 Inc Trust 2

Purchase Details

Closed on
Feb 28, 2006
Sold by
118 Smoke Rise Drive Associate
Bought by
Alvarez Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.32%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Lamastra Savino P
Bought by
118 Smoke Rise Drive Associate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,839
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Lawrence Staphon $500,000 Simplicity Title Llc
Lawrence Staphon $500,000 Land Title
Paul Gabriel $273,000 Prestige Title Agency Inc
Wong Susan $70,000 --
Mohabir Rosanna M -- Chicago Title Insurance Co
Mohabir Rosanna M $200,000 None Available
Kiesel Glen $105,500 Multiple
Deutsche Bank National Trust Co -- None Available
Alvarez Nelson $340,000 --
118 Smoke Rise Drive Associate $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Staphon $481,124
Closed Lawrence Staphon $481,124
Previous Owner Paul Gabriel $244,505
Previous Owner Mohabir Rosanna M $183,150
Previous Owner Alvarez Nelson $272,000
Previous Owner 118 Smoke Rise Drive Associate $258,839
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $500,000 +11.1% $378 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $450,000 +64.8% $340 / Sq Ft
07/12/2017 07/12/17 Sold $273,000 -2.2% $207 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $279,000 -- $211 / 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 $9,169 $105,000 $26,400 $78,600
2024 $9,078 $105,000 $26,400 $78,600
2023 $9,078 $105,000 $26,400 $78,600
2022 $8,882 $105,000 $26,400 $78,600
2021 $8,804 $105,000 $26,400 $78,600
2020 $8,779 $105,000 $26,400 $78,600
2019 $8,779 $105,000 $26,400 $78,600
2018 $8,595 $105,000 $26,400 $78,600
2017 $6,692 $83,800 $26,400 $57,400
2016 $6,556 $83,800 $26,400 $57,400
2015 $6,362 $83,800 $26,400 $57,400
2014 $6,189 $83,800 $26,400 $57,400
Source: Public Records

Agents Affiliated with this Home

  • Peter Boutros

    Seller's Agent in 2021

    Peter Boutros

    EXP REALTY, LLC

    (201) 831-7697

    7 in this area

    215 Total Sales

    Peter Boutros
    Section Image

  • G

    Buyer's Agent in 2021

    GREGORY GUILLAUME

    REALTY ONE GROUP LIFESTYLE HOMES

  • D

    Seller's Agent in 2017

    DAYBE VAZQUEZ

    EXP REALTY, LLC

  • C

    Buyer's Agent in 2017

    Camille Haynes

    EXP REALTY, LLC

    (973) 544-8655

    22 Total Sales

    Camille Haynes
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3726505

Garden State MLS

APN: 12-00619-0000-00022

New Jersey Union County Plainfield 07062

718 E 7th St, Plainfield, NJ

Not Listed for Sale

MultiFamily

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