NOT LISTED FOR SALE

12 Sunset Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $471,861 - $584,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 23, 2016

Last sale price $145,000

Est. 260% increase in value since last sale

Current estimated payment $3,130/month

3 Days on Market

About This Home

As of December 2016

This home is located at 12 Sunset Ave, Newark, NJ 07106 since 28 November 2016 and is currently estimated at $522,215. 12 Sunset Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Olivier Louis

RE/MAX FIRST REALTY II Brokerage Phone: 732-257-3500 Listed on: 11/28/2016

RE/MAX FIRST REALTY II

Last Buyer's Agent

Olivier Louis

RE/MAX FIRST REALTY II Brokerage Phone: 732-257-3500 Listed on: 11/28/2016

RE/MAX FIRST REALTY II

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4674046
  • Attribution Contact: 732-257-3500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Bowles Jarrett
Bought by
Abdur Raheem Zahrah
Current Estimated Value
$522,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,416
Outstanding Balance
$323,885
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$198,330

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 19, 2016
Sold by
Harness Homes Group Llc
Bought by
Bowles Jarrett
Seller's Agent
Olivier Louis
RE/MAX FIRST REALTY II
Buyer's Agent
Olivier Louis
RE/MAX FIRST REALTY II
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$141,391
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 4, 2015
Closed on
Aug 21, 2015
Sold by
Stanfill Brandon
Bought by
Herness Homes Group Llc
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
358.98%

Purchase Details

Closed on
Jun 16, 2009
Sold by
Bmbc Development & Investments Inc
Bought by
Stanfill Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Steward Rylan
Bought by
Bmbc Development & Investments Inc

Purchase Details

Closed on
Feb 16, 2008
Sold by
Henderson Willie
Bought by
Steward Rylan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abdur Raheem Zahrah $317,000 Intact Title Agency Inc
Bowles Jarrett $144,000 Foundation Title Llc
Herness Homes Group Llc $20,000 --
Harness Homes Group Llc -- Executive Abst Title Agency
Stanfill Brandon $275,000 Multiple
Bmbc Development & Investments Inc $60,000 The Security Title Guarantee
Steward Rylan -- The Security Title Guarantee
Henderson Willie -- The Security Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdur Raheem Zahrah $356,416
Previous Owner Bowles Jarrett $141,391
Previous Owner Stanfill Brandon $192,500
Closed Harness Homes Group Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2016 12/23/16 Sold $145,000 -3.3% --
12/01/2016 12/01/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $149,900 +649.5% --
09/04/2015 09/04/15 Sold $20,000 -- -- View Prior Sale
Source: Garden State MLS

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 $4,958 $133,000 $16,300 $116,700
2024 $4,958 $133,000 $16,300 $116,700
2023 $4,969 $133,000 $16,300 $116,700
2022 $4,969 $133,000 $16,300 $116,700
2021 $3,245 $86,900 $16,300 $70,600
2020 $3,302 $86,900 $16,300 $70,600
2019 $3,268 $86,900 $16,300 $70,600
2018 $3,209 $86,900 $16,300 $70,600
2017 $3,094 $86,900 $16,300 $70,600
2016 $2,989 $86,900 $16,300 $70,600
2015 $2,876 $86,900 $16,300 $70,600
2014 $2,695 $86,900 $16,300 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Olivier Louis

    Seller's Agent in 2016

    Olivier Louis

    RE/MAX

    (908) 543-4143

    5 Total Sales

    Olivier Louis
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Map

Source: Garden State MLS

MLS Number: 3351328

Garden State MLS

APN: 14-04060-0000-00010

New Jersey Essex County Newark 07018 Lower Vailsburg

12 Sunset Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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