NOT LISTED FOR SALE

Estimated Value: $612,418 - $741,000

5 Beds
3 Baths
-- Sq Ft
3,600 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $350,000

Est. 88% increase in value since last sale

Current estimated payment $4,485/month

23 Days on Market

Highlights

  • Property is near public transit
  • Detached Garage
  • 4-minute walk to Mc Gillvray Park
  • Elizabeth High School Rated A
  • Rectangular Lot

About This Home

As of December 2018

Great investors opportunity. Don't miss out on this 3 family home that features 2 units on the first floor and 1 unit on the second. on this 3 family home that features 2 units on the first floor and 1 unit on the second all with separate utilities and conveniently located near public transportation, shopping area and major highways.

Last Agent to Sell the Property

Jorge Velasquez

RE/MAX Professionals 1 Listed on: 10/10/2018

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,599

Year Built

  • 1900

Lot Details

  • 3,600 Sq Ft Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

  • Built between 1900 - 1939
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 200400004 01137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,599

Year Built

1900

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/Trans
  • Views/Exposure: None
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick

Garage/Parking

  • Garage: Detached, 2 Car

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: Win/AC

Lot Info

  • County Name: UNION
  • Lot: 01137
  • Estimated Lot Sq Ft: 3600
  • Lot Description: Regular

Tax Info

  • Tax: 10599
  • Assessor Parcel Number: 200400004 01137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Conde Janmichael
Bought by
Fadraga Richard
Total Days on Market
23
Current Estimated Value
$656,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$378,913
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$277,442

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 6, 2018
Sold by
Mtglq Investors Lp
Bought by
Conde Janmichael
Seller's Agent
Jorge Velasquez
RE/MAX Professionals 1
Buyer's Agent
Outside Agent
Outside Office
List Price
$299,500
Sold Price
$350,000
Premium/Discount to List
$50,500
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$359,345
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2017
Sold by
Marin Wilber and Gandara Vincente
Bought by
Mtglq Investros Lp

Purchase Details

Closed on
Mar 7, 2006
Sold by
Sevilla Max
Bought by
Marin Wilber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,280
Interest Rate
6.28%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2005
Sold by
Carvalho Jose R
Bought by
Sevilla Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 2001
Sold by
Minaya Aymee
Bought by
Carvalho Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,197
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2000
Sold by
Elrashedy Awad M and Elrashedy Laura Esteves
Bought by
Minaya Aymee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,123
Interest Rate
8.11%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Fadraga Richard $430,000 Title Masters Llc
Conde Janmichael $350,000 City Abstract Llc
Mtglq Investros Lp $1,000 None Available
Marin Wilber $484,100 --
Sevilla Max $405,000 --
Carvalho Jose R $230,000 Fidelity National Title Ins
Minaya Aymee $212,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadraga Richard $73,100
Open Fadraga Richard $422,211
Previous Owner Conde Janmichael $359,345
Previous Owner Martin Wilber $432,000
Previous Owner Marin Wilber $81,000
Previous Owner Marin Wilber $387,280
Previous Owner Marin Wilber $96,820
Previous Owner Sevilla Max $81,000
Previous Owner Sevilla Max $324,000
Previous Owner Carvalho Jose R $228,197
Previous Owner Minaya Aymee $210,123
Previous Owner Elrashedy Awad M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $350,000 +16.9% --
11/02/2018 11/02/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $299,500 -- --
Source: New Jersey 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 $12,006 $497,400 $201,400 $296,000
2023 $12,006 $38,200 $11,200 $27,000
2022 $11,681 $38,200 $11,200 $27,000
2021 $11,440 $38,200 $11,200 $27,000
2020 $11,182 $38,200 $11,200 $27,000
2019 $11,011 $38,200 $11,200 $27,000
2018 $10,903 $38,200 $11,200 $27,000
2017 $10,599 $38,200 $11,200 $27,000
2016 $10,600 $38,200 $11,200 $27,000
2015 $9,970 $38,200 $11,200 $27,000
2014 $9,671 $38,200 $11,200 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1842358

New Jersey MLS

APN: 04-00004-0000-01137