NOT LISTED FOR SALE

191 Fairmount Ave Newark, NJ 07103

Fairmount Neighborhood

Estimated Value: $586,000 - $673,769

-- Bed
2 Baths
1,200 Sq Ft
$524/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $189,000 $158 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $4,017/month

About This Home

As of February 2012

This home is located at 191 Fairmount Ave, Newark, NJ 07103 since 24 February 2012 and is currently estimated at $628,942, approximately $524 per square foot. 191 Fairmount Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

ROBERTA WOISKY

OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-741-3000 Listed on: 02/24/2012

Co-Listed By

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-741-3000

Last Buyer's Agent

JOSE FERREIRA

EXIT REALTY LUCKY ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,993

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,993

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 191
  • I D: 4130224
  • Modified: 2013-02-25
  • Number Images: 1
  • Attribution Contact: 973-741-3000
  • 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

Listed on
Feb 24, 2012
Closed on
Feb 24, 2012
Sold by
191 Fairmount Ave Limited Liability Comp
Bought by
Soumahoro Ismaila
Seller's Agent
ROBERTA WOISKY
OPTION 1 REALTY GROUP, LLC
Buyer's Agent
JOSE FERREIRA
EXIT REALTY LUCKY ASSOCIATES
Sold Price
$189,000
Current Estimated Value
$628,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,942
Avg. Annual Appreciation
9.38%
Original Mortgage
$10,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 22, 2011
Sold by
Tasci Norman David
Bought by
191 Fairmount Ave Llc

Purchase Details

Closed on
Jan 7, 2011
Sold by
U S Bank National Association
Bought by
Tasci Norman David

Purchase Details

Closed on
Jul 12, 2010
Sold by
Richardson Thomas and Richardson Rosalie
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 7, 2006
Sold by
Sbf Development Llc
Bought by
Richardson Thomas and Richardson Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
King Brodus
Bought by
Johnson Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
6.81%
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
Soumahoro Ismaila $189,000 Stewart Title Guaranty Co
191 Fairmount Ave Llc -- Stewart Title Guaranty Co
Tasci Norman David $146,500 Stewart Title Guaranty Co
Us Bank National Association -- None Available
Richardson Thomas $410,000 --
Johnson Marcus $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soumahoro Isamaila $8,061
Closed Soumahoro Ismaila $10,000
Open Soumahoro Ismaila $173,800
Previous Owner Richardson Thomas $328,000
Previous Owner Boykin Said $237,000
Previous Owner Johnson Marcus $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $189,000 -- $158 / Sq Ft
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 $7,993 $214,400 $26,300 $188,100
2024 $7,993 $214,400 $26,300 $188,100
2022 $8,010 $214,400 $26,300 $188,100
2021 $8,006 $214,400 $26,300 $188,100
2020 $8,147 $214,400 $26,300 $188,100
2019 $8,064 $214,400 $26,300 $188,100
2018 $7,918 $214,400 $26,300 $188,100
2017 $7,633 $214,400 $26,300 $188,100
2016 $7,375 $214,400 $26,300 $188,100
2015 $7,095 $214,400 $26,300 $188,100
2014 $6,649 $214,400 $26,300 $188,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    ROBERTA WOISKY

    OPTION 1 REALTY GROUP, LLC

  • Nicholas Verdi

    Seller Co-Listing Agent in 2012

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    2 in this area

    169 Total Sales

    Nicholas Verdi
    Section Image

  • J

    Buyer's Agent in 2012

    JOSE FERREIRA

    EXIT REALTY LUCKY ASSOCIATES

See All Agents

Map

Source: Garden State MLS

MLS Number: 2845289

Garden State MLS

APN: 14-00263-0000-00043

New Jersey Essex County Newark 07103 Fairmount

191 Fairmount Ave, Newark, NJ

This home is located at 191 Fairmount Ave, Newark, NJ 07103 since 24 February 2012 and is currently estimated at $628,942, approximately $524 per square foot. 191 Fairmount Ave is a home located in Essex County with nearby schools including Camden Street Elementary School, Sir Isaac Newton Elementary School, and Cleveland Elementary School.

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