A
Seller's Agent in 2024
AKEEM SODIQ
ASANTE REALTY GROUP LLC
16 Fairmount Ave Newark, NJ 07107
Fairmount NeighborhoodEstimated Value: $527,000 - $595,533
6
Beds
4
Baths
--
Sq Ft
2,178
Sq Ft Lot
About This Home
As of May 2024This home is located at 16 Fairmount Ave, Newark, NJ 07107 since 19 January 2024 and is currently estimated at $556,883. This property was built in 1910. 16 Fairmount Ave is a home located in Essex County with nearby schools including Sir Isaac Newton Elementary School, Camden Street Elementary School, and Cleveland Elementary School.
Last Agent to Sell the Property
AKEEM SODIQ
ASANTE REALTY GROUP LLC Brokerage Phone: 908-364-6297 Listed on: 01/19/2024
Last Buyer's Agent
ADEYINKA FADEHAN
ALADEX BUSINESS & IT CONS., LLC
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 2,178 Sq Ft Lot
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2024
Closed on
May 6, 2024
Sold by
Tunnad Properties Llc
Bought by
Ojekhide Victor Oshoma and Oshoffa-Ojekhide Olufunmilayo Gladys
Seller's Agent
AKEEM SODIQ
ASANTE REALTY GROUP LLC
Buyer's Agent
ADEYINKA FADEHAN
ALADEX BUSINESS & IT CONS., LLC
List Price
$539,000
Sold Price
$480,000
Premium/Discount to List
-$59,000
-10.95%
Views
276
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,883
Avg. Annual Appreciation
8.36%
Original Mortgage
$486,034
Outstanding Balance
$478,204
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$78,679
Purchase Details
Listed on
Oct 27, 2023
Closed on
Nov 16, 2023
Sold by
16 Fairmount Ag Llc
Bought by
Tunnad Property Llc
Seller's Agent
Jessica Camino
RE/MAX SELECT
Buyer's Agent
Jessica Camino
RE/MAX SELECT
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.02%
Original Mortgage
$302,250
Interest Rate
7.03%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 11, 2022
Sold by
Essex County Sheriff
Bought by
Lsf9 Master Participation Trust and Us Bank Trust National Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.33%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 19, 2007
Sold by
Hiciano Franqueliz
Bought by
Tavarez Zoila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2006
Sold by
16 Fairmount Realty Inc
Bought by
Hiciano Franqueliz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ojekhide Victor Oshoma | $495,000 | Old Republic National Title | |
| Tunnad Property Llc | $330,000 | Land Quest Title | |
| Lsf9 Master Participation Trust | $250,000 | Noble Title | |
| Tavarez Zoila | $370,000 | None Available | |
| Hiciano Franqueliz | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ojekhide Victor Oshoma | $486,034 | |
| Previous Owner | Tunnad Property Llc | $302,250 | |
| Previous Owner | Lsf9 Master Participation Trust | $265,000 | |
| Previous Owner | Tavarez Zoila | $370,000 | |
| Previous Owner | Hiciano Franqueliz | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2024 05/11/24 | Sold | $480,000 | -7.5% | -- | |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- | |
| 02/04/2024 02/04/24 | Price Changed | $519,000 | -3.7% | -- | |
| 01/19/2024 01/19/24 | For Sale | $539,000 | +63.3% | -- | |
| 12/05/2023 12/05/23 | Sold | $330,000 | -2.7% | -- | View Prior Sale |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- | |
| 10/27/2023 10/27/23 | For Sale | $339,000 | -- | -- |
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 | $5,831 | $156,400 | $19,800 | $136,600 |
| 2024 | $5,831 | $156,400 | $19,800 | $136,600 |
| 2022 | $5,843 | $156,400 | $19,800 | $136,600 |
| 2021 | $5,840 | $156,400 | $19,800 | $136,600 |
| 2020 | $5,943 | $156,400 | $19,800 | $136,600 |
| 2019 | $5,882 | $156,400 | $19,800 | $136,600 |
| 2018 | $5,776 | $156,400 | $19,800 | $136,600 |
| 2017 | $5,568 | $156,400 | $19,800 | $136,600 |
| 2016 | $5,380 | $156,400 | $19,800 | $136,600 |
| 2015 | $5,175 | $156,400 | $19,800 | $136,600 |
| 2014 | $4,850 | $156,400 | $19,800 | $136,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2024
ADEYINKA FADEHAN
ALADEX BUSINESS & IT CONS., LLC
-
Jessica Camino
Seller's Agent in 2023
Jessica Camino
RE/MAX
(908) 224-3057
1 in this area
33 Total Sales
Map
Source: Garden State MLS
MLS Number: 3882295
APN: 14-01842-0000-00028
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