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1012 Flora Street

1012 Flora Street, Elizabeth, NJ 07201
Property in Union
Sold Nov 05, 2020
$515,000
$505,672 by Jersey Mortgage Co
Mortgage Due Nov 01, 2050
Sold May 07, 2009
$209,000
$183,150 by Wall Street Financial Corp
Mortgage Due May 01, 2039
1012 Flora Street has been categorized by the local assessors in Elizabeth, NJ as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The building has a total of 2 stories. In addition, 1012 Flora Street has 2,330 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1012 Flora Street sold most recently in Oct 6, 2020 for a total of $515,000. If you work out the math, that's approximately a cost of $221.03 per sqft. Before that, the property was also sold for $209,000 in Feb 27, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,144 in taxes each year. 1012 Flora Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,000. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $37,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : GUILLEN PABLO R SEVILLA
  • Current Owner 2: SEVILLA ANA C
  • Previous Owner : MEDRANO SERGIO
  • Previous Owner 2: MEDRANO DENIA
  • Owner Before Previous Owner: US BANK NATIONAL ASSOCIATION
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 031302

Geography

  • District: 04
  • Parcel: 04 00266-0000-00019
  • Block: 266
  • Lot: 19
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6691
  • Longitude: -74.2036

    Address

  • Full Address: 1012 Flora St
  • Address - House Number: 1012
  • Address - Street Name: Flora
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabeth
  • Carrier Code: C014
  • 4-Digit Zip Code: 1418
  • Zip Code: 07201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,144

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 680,532
  • High Value: 836,477
  • Low Value: 524,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $505,672
  • First Open Lien Mortgage Lender: JERSEY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $505,672
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $8,000
  • Market Improvement Value: $37,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11798874867
  • Current Sale Price: $515,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 329863
  • Previous Sale Recording Date: May 07, 2009
  • Previous Sale Contract Date: Feb 27, 2009
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JERSEY MORTGAGE CO
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $505,672
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WALL STREET FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 07, 2009
  • Previous Mortgage Loan Amount: $183,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2039

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Frequently Asked Questions

What neighborhood is 1012 Flora Street located in?
The 1012 Flora Street is a located in the neighborhood of Union in Elizabeth, Elizabeth.
What is the average sales price for listings in 1012 Flora Street?
The average sales price for units in 1012 Flora Street is $0 currently.

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