NOT LISTED FOR SALE

15 Wallace St Belleville, NJ 07109

Estimated Value: $589,938 - $1,005,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold May 21, 2020

Last sale price $516,000

Est. 45% increase in value since last sale

Current estimated payment $5,288/month

20 Days on Market

About This Home

As of May 2020

This home is located at 15 Wallace St, Belleville, NJ 07109 since 12 March 2020 and is currently estimated at $747,235. This property was built in 1965. 15 Wallace St is a home located in Essex County with nearby schools including Belleville High School and Westbridge Academy.

Last Agent to Sell the Property

NICOLE SIMOES

RE/MAX FIRST REALTY II Brokerage Phone: 908-664-1500 Listed on: 03/12/2020

RE/MAX FIRST REALTY II

Last Buyer's Agent

LUIS MONTES DE OCA

EXIT GOLDEN REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,591

Year Built

  • Built in 1965

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,591

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Essex
  • Street Number Display: 15
  • I D: 4971267
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-664-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.7X133.03
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
May 20, 2020
Sold by
Essex Venture Fund I Llc
Bought by
Brew Beatrice
Seller's Agent
NICOLE SIMOES
RE/MAX FIRST REALTY II
Buyer's Agent
LUIS MONTES DE OCA
EXIT GOLDEN REALTY GROUP LLC
List Price
$549,900
Sold Price
$516,000
Premium/Discount to List
-$33,900
-6.16%
Current Estimated Value
$747,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,235
Avg. Annual Appreciation
5.98%
Original Mortgage
$501,744
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2019
Sold by
Bank New York Mellon Tr
Bought by
Essex Venture Fund 1 Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
John Kuruvilla
Bought by
Ramdin Kelvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 1995
Sold by
Munoz Mary
Bought by
John Kuruvilla and John Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Brew Beatrice $516,000 All Ahead Title Agency
Essex Venture Fund 1 Llc $302,400 Fortune Title Agency Inc
Ramdin Kelvin $445,000 --
John Kuruvilla $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brew Beatrice $493,896
Closed Brew Beatrice $501,744
Previous Owner Ramdin Kelvin $400,500
Previous Owner John Kuruvilla $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $516,000 -6.2% --
04/01/2020 04/01/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $549,900 0.0% --
03/12/2020 03/12/20 For Sale $549,900 +81.8% --
10/10/2019 10/10/19 Sold $302,400 -30.5% --
09/01/2019 09/01/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $434,900 -- --
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 $14,591 $372,800 $120,400 $252,400
2024 $14,591 $372,800 $120,400 $252,400
2022 $14,357 $372,800 $120,400 $252,400
2021 $14,148 $372,800 $120,400 $252,400
2020 $13,954 $372,800 $120,400 $252,400
2019 $13,201 $372,800 $120,400 $252,400
2018 $12,527 $312,400 $80,400 $232,000
2017 $12,112 $312,400 $80,400 $232,000
2016 $11,977 $312,400 $80,400 $232,000
2015 $11,571 $312,400 $80,400 $232,000
2014 $11,262 $312,400 $80,400 $232,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    NICOLE SIMOES

    RE/MAX

    (908) 216-1313

    3 in this area

    86 Total Sales

    NICOLE SIMOES
    Section Image
  • LUIS MONTES DE OCA

    Buyer's Agent in 2020

    LUIS MONTES DE OCA

    EXIT GOLDEN REALTY GROUP LLC

    (201) 753-2412

    1 in this area

    84 Total Sales

    LUIS MONTES DE OCA
    Section Image
  • Manuel Couto

    Seller's Agent in 2019

    Manuel Couto

    NENO-ROSA AGENCY

    (908) 490-0534

    4 in this area

    69 Total Sales

    Manuel Couto
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3623692

Garden State MLS

APN: 01-01503-0000-00009

New Jersey Essex County Belleville 07109

15 Wallace St, Belleville, NJ

This home is located at 15 Wallace St, Belleville, NJ 07109 since 12 March 2020 and is currently estimated at $747,235. This property was built in 1965. 15 Wallace St is a home located in Essex County with nearby schools including Belleville High School and Westbridge Academy.

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