NOT LISTED FOR SALE

720 Gates Terrace Unit 1 Union, NJ 07083

Elmora Neighborhood

Estimated Value: $638,059 - $823,000

3 Beds
1 Bath
2,646 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 720 Gates Terrace Unit 1, Union, NJ 07083 and is currently estimated at $764,515, approximately $288 per square foot. 720 Gates Terrace Unit 1 is a home located in Union County with nearby schools including Washington Elementary School, Kawameeh Middle School, and Union High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Gonzales Alvin
Bought by
Gocaj Mehdi and Gocaj Alban
Current Estimated Value
$764,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$374,532
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$326,395

Purchase Details

Closed on
Jun 26, 2014
Sold by
Gonzales Estelita and Gonzales Alvin
Bought by
Gonzales Alvin

Purchase Details

Closed on
Feb 5, 2003
Sold by
Diakos Christine
Bought by
Diakos Christine and Maria Gatoulis

Purchase Details

Closed on
Mar 11, 1999
Sold by
Soltis Walter J and Soltis Rose
Bought by
Diakos Christina and Gatoulis Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gocaj Mehdi $561,000 Two Rivers Title Company Llc
Gonzales Alvin -- None Available
Diakos Christine -- --
Diakos Christina $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gocaj Mehdi $411,000
Previous Owner Gonzales Estelita $100,000
Previous Owner Diakos Christina $200,000
Source: Public Records

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 $15,732 $72,600 $20,200 $52,400
2023 $15,732 $72,600 $20,200 $52,400
2022 $15,185 $72,600 $20,200 $52,400
2021 $14,817 $72,600 $20,200 $52,400
2020 $14,521 $72,600 $20,200 $52,400
2019 $14,326 $72,600 $20,200 $52,400
2018 $14,082 $72,600 $20,200 $52,400
2017 $13,874 $72,600 $20,200 $52,400
2016 $13,536 $72,600 $20,200 $52,400
2015 $13,311 $72,600 $20,200 $52,400
2014 $13,013 $72,600 $20,200 $52,400
Source: Public Records

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