NOT LISTED FOR SALE

748 Pennington St Elizabeth, NJ 07202

Elmora Neighborhood

Estimated Value: $757,000 - $855,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold May 03, 2017

Last sale price $380,000

Est. 113% increase in value since last sale

Current estimated payment $5,232/month

96 Days on Market

About This Home

As of May 2017

This home is located at 748 Pennington St, Elizabeth, NJ 07202 since 09 December 2016 and is currently estimated at $808,347. 748 Pennington St is a home located in Union County with nearby schools including Number 14, Abraham Lincoln Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

Last Agent to Sell the Property

Jose Quispe

WEICHERT REALTORS- QUISPE & ASSOC Brokerage Phone: 908-527-1711 Listed on: 12/09/2016

WEICHERT REALTORS- QUISPE & ASSOC

Last Buyer's Agent

SILVIO SANTO

TOP CHOICE REALTY NETWORK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,142

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,142

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 748
  • I D: 4675328
  • Modified: 2018-05-04
  • Number Images: 1
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 35X125
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Mar 30, 2017
Sold by
Jaramillo Hector A and Jaramillo Viviana
Bought by
Marques Michael F
Seller's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
Buyer's Agent
SILVIO SANTO
TOP CHOICE REALTY NETWORK
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Current Estimated Value
$808,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,347
Avg. Annual Appreciation
9.37%
Original Mortgage
$285,000
Outstanding Balance
$237,745
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$570,602

Purchase Details

Listed on
Jul 17, 2012
Closed on
Jun 29, 2012
Sold by
Marin Carlos
Bought by
Jaramillo Hector A
Seller's Agent
ANA SMITH
COLDWELL BANKER REALTY
Buyer's Agent
Jose Quispe
WEICHERT REALTORS- QUISPE & ASSOC
Sold Price
$268,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Aug 26, 2011
Sold by
Velazquez Gloria
Bought by
Marin Carlos

Purchase Details

Closed on
Jan 5, 2007
Sold by
Mainato Jose
Bought by
Velasquez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,600
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2004
Sold by
Marquez Jimmy F
Bought by
Mainato Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,755
Interest Rate
7.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2000
Sold by
Barone Anthony
Bought by
Marquez Jimmy F and Marquez Kerly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,275
Interest Rate
7.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2000
Sold by
Barone Michael A and Barone Anthony
Bought by
Barone Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2000
Sold by
Barone Michael A
Bought by
Barone Michael A and Barone Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.19%
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
Marques Michael F $380,000 None Available
Jaramillo Hector A $255,000 --
Marin Carlos $180,000 Stewart Title & Guaranty Co
Velasquez Gloria $488,250 --
Mainato Jose $442,900 --
Marquez Jimmy F $210,000 --
Barone Anthony -- --
Barone Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marques Michael F $285,000
Previous Owner Velasquez Gloria $390,600
Previous Owner Mainato Jose $420,755
Previous Owner Marquez Jimmy F $194,275
Previous Owner Barone Anthony $172,500
Previous Owner Barone Michael A $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2017 05/03/17 Sold $380,000 -2.6% --
03/15/2017 03/15/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $390,000 +45.5% --
07/17/2012 07/17/12 Sold $268,000 -- -- View Prior Sale
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 $11,142 $579,100 $200,800 $378,300
2024 $15,401 $579,100 $200,800 $378,300
2023 $15,401 $49,000 $9,000 $40,000
2022 $14,984 $49,000 $9,000 $40,000
2021 $14,675 $49,000 $9,000 $40,000
2020 $14,343 $49,000 $9,000 $40,000
2019 $14,124 $49,000 $9,000 $40,000
2018 $13,986 $49,000 $9,000 $40,000
2017 $13,596 $49,000 $9,000 $40,000
2016 $14,152 $51,000 $9,000 $42,000
2015 $13,310 $51,000 $9,000 $42,000
2014 $12,911 $51,000 $9,000 $42,000
Source: Public Records

Agents Affiliated with this Home

  • Jose Quispe

    Seller's Agent in 2017

    Jose Quispe

    WEICHERT REALTORS- QUISPE & ASSOC

    (908) 313-6255

    4 in this area

    91 Total Sales

    Jose Quispe
    Section Image

  • S

    Buyer's Agent in 2017

    SILVIO SANTO

    TOP CHOICE REALTY NETWORK

  • A

    Seller's Agent in 2012

    ANA SMITH

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3352521

Garden State MLS

APN: 04-00010-0000-01721

New Jersey Union County Elizabeth 07202 Elmora

748 Pennington St, Elizabeth, NJ

This home is located at 748 Pennington St, Elizabeth, NJ 07202 since 09 December 2016 and is currently estimated at $808,347. 748 Pennington St is a home located in Union County with nearby schools including Number 14, Abraham Lincoln Elementary School, Elizabeth High School, and Jewish Educational Center Lower School.

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