NOT LISTED FOR SALE

197 Lake St Newark, NJ 07104

Seventh Avenue Neighborhood

Estimated Value: $426,000 - $651,000

-- Bed
-- Bath
1,968 Sq Ft
$276/Sq Ft Est. Value

About This Home

This home is located at 197 Lake St, Newark, NJ 07104 and is currently estimated at $543,875, approximately $276 per square foot. 197 Lake St is a home located in Essex County with nearby schools including First Avenue Elementary School, Franklin School, and Rafael Hernandez School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2014
Sold by
Don Pedro Development Corporation
Bought by
Mercado Josephine
Current Estimated Value
$562,022

Purchase Details

Closed on
Aug 31, 2011
Sold by
Federal National Mortgage Association
Bought by
Don Pedro Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2010
Sold by
Limpias Eduardo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2007
Sold by
Limpias Eduardo
Bought by
Limpias Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 2005
Sold by
Aguayo Silvano
Bought by
Limpias Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2004
Sold by
Rivas Juan
Bought by
Aguayo Silvano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,925
Interest Rate
5.82%

Purchase Details

Closed on
Sep 6, 2001
Sold by
Uno Realty
Bought by
Rivas Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.91%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Ocwen Financial Svc Inc
Bought by
Uno Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 10, 1996
Sold by
Reilly David
Bought by
Charron Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mercado Josephine $164,900 --
Mercado Josephine $164,900 --
Don Pedro Development Corporation $97,900 Multiple
Federal National Mortgage Association -- None Available
Limpias Eduardo -- Asap Title Agency
Limpias Eduardo $270,000 --
Aguayo Silvano $199,000 --
Rivas Juan $129,000 --
Uno Realty Corp $75,000 --
Charron Alexander $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Don Pedro Development Corporation $1,000,000
Previous Owner Limpias Eduardo $116,000
Previous Owner Limpias Eduardo $280,000
Previous Owner Limpias Eduardo $216,000
Previous Owner Aguayo Silvano $195,925
Previous Owner Rivas Juan $122,500
Previous Owner Uno Realty Corp $70,000
Previous Owner Charron Alexander $58,000
Source: Public Records

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 $6,353 $170,400 $20,200 $150,200
2024 $6,353 $170,400 $20,200 $150,200
2022 $6,366 $170,400 $20,200 $150,200
2021 $6,090 $163,100 $20,200 $142,900
2020 $6,198 $163,100 $20,200 $142,900
2019 $6,134 $163,100 $20,200 $142,900
2018 $6,023 $163,100 $20,200 $142,900
2017 $5,806 $163,100 $20,200 $142,900
2016 $4,586 $133,300 $20,200 $113,100
2015 $4,411 $133,300 $20,200 $113,100
2014 $4,134 $133,300 $20,200 $113,100
Source: Public Records

Map

New Jersey Essex County Newark 07104 Seventh Avenue

197 Lake St, Newark, NJ

This home is located at 197 Lake St, Newark, NJ 07104 and is currently estimated at $543,875, approximately $276 per square foot. 197 Lake St is a home located in Essex County with nearby schools including First Avenue Elementary School, Franklin School, and Rafael Hernandez School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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