NOT LISTED FOR SALE

861 Pennington St Unit 863 Elizabeth, NJ 07202

Elmora Neighborhood

Estimated Value: $804,000 - $1,048,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $765,000

Est. 16% increase in value since last sale

Current estimated payment $5,827/month

203 Days on Market

About This Home

As of June 2023

This home is located at 861 Pennington St Unit 863, Elizabeth, NJ 07202 since 13 September 2022 and is currently estimated at $890,106. This property was built in 1959. 861 Pennington St Unit 863 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

JESSYCA VILLARREAL

FAJARDO REALTY GROUP Listed on: 09/13/2022

Last Buyer's Agent

Elias Christodoulakis

PROMINENT PROPERTIES SIR

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,279

Year Built

  • Built in 1959

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,279

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Union
  • Street Number Display: 861
  • I D: 5206967
  • Modified: 2024-06-17
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X135
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Jun 15, 2023
Sold by
Miceli Micheli and Silvia Nora
Bought by
Amac Realty Investments Llc
Seller's Agent
JESSYCA VILLARREAL
FAJARDO REALTY GROUP
Buyer's Agent
Elias Christodoulakis
PROMINENT PROPERTIES SIR
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Current Estimated Value
$890,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,106
Avg. Annual Appreciation
6.75%
Original Mortgage
$535,500
Outstanding Balance
$521,076
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$369,030

Purchase Details

Closed on
Oct 10, 2008
Sold by
Aurora Loan Services Llc
Bought by
Miceli Micheli and Miceli Silvia Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2007
Sold by
Quezada Bernarda
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 4, 2003
Sold by
Palma Maria
Bought by
Gonzalez Morena
Source: Public Records

Range of Values:

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
Amac Realty Investments Llc $765,000 Acres Land Title
Miceli Micheli $280,000 Acres Land Title Agency Inc
Aurora Loan Services Llc -- None Available
Gonzalez Morena $383,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amac Realty Investments Llc $535,500
Previous Owner Miceli Micheli $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $765,000 +2.0% --
04/04/2023 04/04/23 Pending -- -- --
09/13/2022 09/13/22 For Sale $750,000 -- --
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 $13,279 $690,200 $233,700 $456,500
2024 $18,418 $690,200 $233,700 $456,500
2023 $18,418 $58,600 $12,300 $46,300
2022 $17,919 $58,600 $12,300 $46,300
2021 $17,550 $58,600 $12,300 $46,300
2020 $17,153 $58,600 $12,300 $46,300
2019 $16,891 $58,600 $12,300 $46,300
2018 $16,726 $58,600 $12,300 $46,300
2017 $16,260 $58,600 $12,300 $46,300
2016 $16,261 $58,600 $12,300 $46,300
2015 $15,294 $58,600 $12,300 $46,300
2014 $14,835 $58,600 $12,300 $46,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3831516

Garden State MLS

APN: 04-00010-0000-01793