NOT LISTED FOR SALE

10 van Velsor Place Unit 12 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $481,389 - $544,000

4 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $220,000

Est. 133% increase in value since last sale

Current estimated payment $3,303/month

80 Days on Market

Highlights

  • Colonial Architecture
  • Breakfast Room
  • Eat-In Kitchen
  • Home Gym
  • 2 Car Detached Garage
  • Walk-In Closet

About This Home

As of November 2017

This home is located at 10 van Velsor Place Unit 12, Newark, NJ 07112 since 24 April 2017 and is currently estimated at $513,347. This property was built in 1929. 10 van Velsor Place Unit 12 is a home located in Essex County with nearby schools including Chancellor Avenue School, Peshine Avenue Elementary School, and Belmont Runyon School.

Last Agent to Sell the Property

DENNIS PERKINS

C-21 GEMINI, LLC. Listed on: 04/24/2017

Last Buyer's Agent

Khadijah Caesar

OPTION 1 REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,560

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Home Gym
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-03691-0000-00076-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,560

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Tudor
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1929
  • County Name: Essex
  • Street Number Display: 10-12
  • Directions: Vassar or Chancellor to Van Velsor
  • I D: 4705891
  • Modified: 2018-12-01
  • Number Images: 22
  • First Name: DENNIS
  • First Name3: KHADIJAH
  • Last Name: PERKINS
  • Last Name3: CAESAR
  • Office Phone: 908-851-2121
  • Office Phone3: 290400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 2 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Breakfast Room, Family Room, Kitchen, RecRoom, Toilet
  • Level 2 Rooms: Bath(s) Other, Exercise Room
  • Level 3 Rooms: 1 Bedroom, Bath Main
  • Phone: 908-851-2121

Exterior Features

  • Exterior Description: Aluminum Siding, Brick
  • Exterior Features: Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Lighting, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 50X100
  • Assessed Improvement Value: 155700
  • Assessed Land Value: 35000
  • Assessment: 190700
  • Easement: Unknown
  • Lot Identifier: 76
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6560
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03691-0000-00076-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Nov 15, 2017
Sold by
Kreps Reid Phyllis M
Bought by
Rainey Khalilah
Seller's Agent
DENNIS PERKINS
C-21 GEMINI, LLC.
Buyer's Agent
Khadijah Caesar
OPTION 1 REALTY GROUP, LLC
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
$513,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,347
Avg. Annual Appreciation
11.56%
Original Mortgage
$212,000
Outstanding Balance
$174,845
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$342,532

Purchase Details

Closed on
Feb 17, 2000
Sold by
Pressley William
Bought by
Reid Richard and Reid Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
8.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Rainey Khalilah $220,000 --
Reid Richard $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Khalilah $25,000
Open Rainey Khalilah $212,000
Previous Owner Reid Phyllis M Kreps $244,000
Previous Owner Reid Phyllis M $224,000
Previous Owner Reid Richard $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $220,000 -12.0% --
07/13/2017 07/13/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $250,000 -- --
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 $7,109 $190,700 $35,000 $155,700
2024 $7,109 $190,700 $35,000 $155,700
2022 $7,125 $190,700 $35,000 $155,700
2021 $7,121 $190,700 $35,000 $155,700
2020 $7,247 $190,700 $35,000 $155,700
2019 $7,172 $190,700 $35,000 $155,700
2018 $7,043 $190,700 $35,000 $155,700
2017 $6,789 $190,700 $35,000 $155,700
2016 $6,560 $190,700 $35,000 $155,700
2015 $6,310 $190,700 $35,000 $155,700
2014 $5,914 $190,700 $35,000 $155,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    DENNIS PERKINS

    C-21 GEMINI, LLC.

  • Khadijah Caesar

    Buyer's Agent in 2017

    Khadijah Caesar

    OPTION 1 REALTY GROUP, LLC

    (973) 623-1001

    3 in this area

    37 Total Sales

    Khadijah Caesar
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3382161

Garden State MLS

APN: 14-03691-0000-00076

New Jersey Essex County Newark 07112 Weequahic

10 van Velsor Place Unit 12, Newark, NJ

This home is located at 10 van Velsor Place Unit 12, Newark, NJ 07112 since 24 April 2017 and is currently estimated at $513,347. This property was built in 1929. 10 van Velsor Place Unit 12 is a home located in Essex County with nearby schools including Chancellor Avenue School, Peshine Avenue Elementary School, and Belmont Runyon School.

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