NOT LISTED FOR SALE

12 Summit St Newark, NJ 07103

University Heights Neighborhood

Estimated Value: $755,179 - $974,000

-- Bed
6 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 09, 2016

Last sale price $450,000

Est. 96% increase in value since last sale

Current estimated payment $5,633/month

18 Days on Market

About This Home

As of May 2016

This home is located at 12 Summit St, Newark, NJ 07103 since 21 October 2015 and is currently estimated at $882,545. 12 Summit St is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Lafayette Street Elementary School, and Camden Street Elementary School.

Last Agent to Sell the Property

Carlie Carreira

EXP REALTY, LLC Brokerage Phone: 973-751-1000 Listed on: 10/21/2015

EXP REALTY, LLC

Last Buyer's Agent

Carlie Carreira

EXP REALTY, LLC Brokerage Phone: 973-751-1000 Listed on: 10/21/2015

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,161

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,161

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 12
  • I D: 4577579
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X97.9
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Sun Jamie
Bought by
Sun Jamie and Beeson Eric B
Current Estimated Value
$882,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,826
Outstanding Balance
$361,245
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$521,300

Purchase Details

Listed on
Oct 21, 2015
Closed on
May 9, 2016
Sold by
Aguias Carpentry Inc
Bought by
Sun Jamie
Seller's Agent
Carlie Carreira
EXP REALTY, LLC
Buyer's Agent
Carlie Carreira
EXP REALTY, LLC
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$436,939
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2006
Sold by
Durant Tanya
Bought by
Aguias Carpentry Inc
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
Sun Jamie -- New Era Title & Setmnt Llc
Sun Jamie $445,000 None Available
Aguias Carpentry Inc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Jamie $404,826
Closed Sun Jamie $436,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2016 05/09/16 Sold $450,000 +0.2% --
11/08/2015 11/08/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $449,000 -- --
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 $12,161 $326,200 $19,700 $306,500
2024 $12,161 $326,200 $19,700 $306,500
2022 $12,187 $326,200 $19,700 $306,500
2021 $736 $19,700 $0 $0
2020 $749 $19,700 $0 $0
2019 $741 $326,200 $19,700 $306,500
2018 $728 $326,200 $19,700 $306,500
2017 $701 $326,200 $19,700 $306,500
2016 $678 $19,700 $19,700 $0
2015 $652 $19,700 $19,700 $0
2014 $611 $19,700 $19,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlie Carreira

    Seller's Agent in 2016

    Carlie Carreira

    EXP REALTY, LLC

    (973) 583-0149

    45 Total Sales

    Carlie Carreira
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3262062

Garden State MLS

APN: 14-02828-0000-00056

New Jersey Essex County Newark 07102 University Heights

12 Summit St, Newark, NJ

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