NOT LISTED FOR SALE

224 Smith St Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated Value: $612,000 - $877,000

Studio
-- Bath
-- Sq Ft
2,178 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $405,000

Est. 83% increase in value since last sale

Current estimated payment $4,851/month

22 Days on Market

About This Home

As of February 2021

This home is located at 224 Smith St, Newark, NJ 07106 since 02 January 2020 and is currently estimated at $741,314. 224 Smith St 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

Luis Calvache

COLDWELL BANKER LIBERTY Brokerage Phone: 908-527-1711 Listed on: 01/02/2020

COLDWELL BANKER LIBERTY

Last Buyer's Agent

MATTHEW MCALARNEY

LIFESTYLE INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4950130
  • Attribution Contact: 908-527-1711
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X95.6
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 11, 2021
Sold by
Bolos Noel J
Bought by
Garcia James
Seller's Agent
Luis Calvache
COLDWELL BANKER LIBERTY
Buyer's Agent
MATTHEW MCALARNEY
LIFESTYLE INTERNATIONAL REALTY
List Price
$380,000
Sold Price
$405,000
Premium/Discount to List
$25,000
6.58%
Current Estimated Value
$741,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,314
Avg. Annual Appreciation
13.07%
Original Mortgage
$292,500
Outstanding Balance
$261,609
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$479,705

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 1, 2021
Sold by
Bolos Noel J
Bought by
Garcia James
Seller's Agent
Luis Calvache
COLDWELL BANKER LIBERTY
Buyer's Agent
MATTHEW MCALARNEY
LIFESTYLE INTERNATIONAL REALTY
List Price
$380,000
Sold Price
$405,000
Premium/Discount to List
$25,000
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$261,609
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$479,705

Purchase Details

Closed on
Nov 25, 2008
Sold by
Bolos Emmanuel and Bolos Manolita
Bought by
Bolos Noel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,393
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2003
Sold by
Sec Of Housing & Urban Devel
Bought by
Bolos Manolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.27%

Purchase Details

Closed on
Apr 19, 1999
Sold by
City Realty
Bought by
Oyinkolade Julius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,414
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1997
Sold by
Bankers Trust
Bought by
Valhalla Mortgage

Purchase Details

Closed on
Oct 6, 1989
Sold by
Field Nicholas
Bought by
St Hilaire,Arnold & Ivy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Garcia James $390,000 Land Title
Garcia James $390,000 Westcor Land Title Ins Co
Bolos Noel J $325,000 Prodigy Title
Bolos Manolita $205,000 --
Oyinkolade Julius $194,000 --
Valhalla Mortgage $45,100 --
St Hilaire,Arnold & Ivy $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia James $292,500
Closed Garcia James $292,500
Previous Owner Bolos Noel J $280,393
Previous Owner Bolos Manolita $164,000
Previous Owner Oyinkolade Julius $192,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $405,000 +6.6% --
01/24/2020 01/24/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $380,000 -- --
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 $11,702 $285,000 $15,900 $269,100
2024 $11,702 $313,900 $15,900 $298,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Luis Calvache

    COLDWELL BANKER LIBERTY

    (908) 419-2406

    2 in this area

    58 Total Sales

    Luis Calvache
    Section Image

  • M

    Buyer's Agent in 2021

    MATTHEW MCALARNEY

    LIFESTYLE INTERNATIONAL REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3607168

Garden State MLS

APN: 14-04112-0000-00001

New Jersey Essex County Newark 07106 Lower Vailsburg

224 Smith St, Newark, NJ

Not Listed for Sale

MultiFamily

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