NOT LISTED FOR SALE

948 Spofford Ave Elizabeth, NJ 07202

Bayway Neighborhood

Estimated Value: $791,000 - $917,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold February 10, 2021

Last sale price $502,000

Est. 58% increase in value since last sale

Current estimated payment $5,621/month

31 Days on Market

About This Home

As of February 2021

This home is located at 948 Spofford Ave, Elizabeth, NJ 07202 since 06 November 2020 and is currently estimated at $850,883. 948 Spofford Ave is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

Last Agent to Sell the Property

Ana Montes

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 11/06/2020

RE/MAX SELECT

Last Buyer's Agent

CECILIA QUELOPANA

C-21 SEMIAO & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,929

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,929

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 948
  • I D: 5029818
  • Modified: 2022-02-11
  • Number Images: 1
  • Attribution Contact: 908-233-9292
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X105
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Jan 21, 2021
Sold by
Sadowski Richard A and Sadowski Fatima
Bought by
Troya Roberto Salazar
Seller's Agent
Ana Montes
RE/MAX SELECT
Buyer's Agent
CECILIA QUELOPANA
C-21 SEMIAO & ASSOCIATES
List Price
$470,000
Sold Price
$502,000
Premium/Discount to List
$32,000
6.81%
Current Estimated Value
$792,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,680
Avg. Annual Appreciation
9.52%
Original Mortgage
$376,500
Outstanding Balance
$343,338
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$411,694
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Troya Roberto Salazar $502,000 Ats Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troya Roberto Salazar $376,500
Previous Owner Sadowski Richard A $326,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $502,000 +6.8% --
12/07/2020 12/07/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $470,000 -- --
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
2024 $14,929 $680,700 $204,000 $476,700
2023 $14,929 $47,500 $11,200 $36,300
2022 $14,525 $47,500 $11,200 $36,300
2021 $14,225 $47,500 $11,200 $36,300
2020 $14,899 $50,900 $11,200 $39,700
2019 $14,671 $50,900 $11,200 $39,700
2018 $14,528 $50,900 $11,200 $39,700
2017 $14,123 $50,900 $11,200 $39,700
2016 $14,124 $50,900 $11,200 $39,700
2015 $13,284 $50,900 $11,200 $39,700
2014 $12,886 $50,900 $11,200 $39,700
Source: Public Records

Agents Affiliated with this Home

  • Ana Montes

    Seller's Agent in 2021

    Ana Montes

    RE/MAX

    (908) 875-8121

    2 in this area

    86 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    CECILIA QUELOPANA

    C-21 SEMIAO & ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3677156

Garden State MLS

APN: 04-00004-0000-01479-F

New Jersey Union County Elizabeth 07036 Bayway

948 Spofford Ave, Elizabeth, NJ

This home is located at 948 Spofford Ave, Elizabeth, NJ 07202 since 06 November 2020 and is currently estimated at $850,883. 948 Spofford Ave is a home located in Union County with nearby schools including Woodrow Wilson School No. 19, Elizabeth High School, and Sinai Christian Academy.

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