NOT LISTED FOR SALE

226 12th Ave Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $556,000 - $807,000

-- Bed
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 29, 2024

Last sale price $620,000

Est. 8% increase in value since last sale

Current estimated payment $4,617/month

13 Days on Market

About This Home

As of February 2024

This home is located at 226 12th Ave, Newark, NJ 07107 since 11 November 2023 and is currently estimated at $670,134. 226 12th Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Last Agent to Sell the Property

ETINWA-OKON EDEM

KYM REALTY GROUP LLC Brokerage Phone: 908-991-3912 Listed on: 11/11/2023

Co-Listed By

MIRIAM RAIDE

KYM REALTY GROUP LLC Brokerage Phone: 908-991-3912

Last Buyer's Agent

ETINWA-OKON EDEM

KYM REALTY GROUP LLC Brokerage Phone: 908-991-3912 Listed on: 11/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,052

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,052

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5251184
  • Attribution Contact: 908-991-3912
  • 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
Nov 11, 2023
Closed on
Feb 27, 2024
Sold by
Drayton Sadiki
Bought by
Vaughn Christopher
Seller's Agent
ETINWA-OKON EDEM
KYM REALTY GROUP LLC
Buyer's Agent
ETINWA-OKON EDEM
KYM REALTY GROUP LLC
List Price
$700,000
Sold Price
$620,000
Premium/Discount to List
-$80,000
-11.43%
Views
132
Current Estimated Value
$670,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,134
Avg. Annual Appreciation
4.60%
Original Mortgage
$612,000
Outstanding Balance
$601,821
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$68,313

Purchase Details

Closed on
Apr 9, 2020
Sold by
Santiago Marcos
Bought by
Brayton Sadiki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,436
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Oct 21, 2016
Closed on
Feb 22, 2017
Sold by
Harris Saxon
Bought by
Santiago Marcos
Seller's Agent
CECILIA QUELOPANA
C-21 SEMIAO & ASSOCIATES
Buyer's Agent
ANGELA R. JENKINS
ERA SUBURB REALTY
List Price
$425,000
Sold Price
$235,000
Premium/Discount to List
-$190,000
-44.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$230,743
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2007
Sold by
Euro Development Group Llc
Bought by
Harris Saxon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1992
Sold by
Rosenthal & Rosenthal N J Inc
Bought by
Cuttino Wyolene H and Cuttino Armstron,Willie

Purchase Details

Closed on
Jul 27, 1992
Sold by
Fontoura Armando B Sheriff
Bought by
Rosenthal & Rosenthal Nj Inc

Purchase Details

Closed on
Jun 14, 1988
Sold by
Rosario Jose
Bought by
Cantera Corp

Purchase Details

Closed on
Mar 29, 1988
Sold by
Madna Corp
Bought by
Rosario Jose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Vaughn Christopher $620,000 Old Republic National Title
Brayton Sadiki $475,500 New Horizon Abstract Inc
Santiago Marcos $235,000 First American Title
Harris Saxon $425,000 None Available
Cuttino Wyolene H $65,800 --
Rosenthal & Rosenthal Nj Inc $100 --
Cantera Corp -- --
Cantera Corp -- --
Rosario Jose $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Christopher $612,000
Previous Owner Brayton Sadiki $486,436
Previous Owner Santiago Marcos $230,743
Previous Owner Harris Saxon $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $620,000 -11.4% --
11/24/2023 11/24/23 Pending -- -- --
11/11/2023 11/11/23 For Sale $700,000 +197.9% --
02/23/2017 02/23/17 Sold $235,000 -44.7% -- View Prior Sale
12/09/2016 12/09/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $425,000 -- --
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 $13,052 $138,100 $13,100 $125,000
2024 $13,052 $276,300 $26,300 $250,000
2022 $13,080 $356,800 $26,300 $330,500
2021 $13,073 $356,800 $26,300 $330,500
2020 $8,622 $226,900 $26,300 $200,600
2019 $8,534 $226,900 $26,300 $200,600
2018 $8,379 $226,900 $26,300 $200,600
2017 $8,078 $226,900 $26,300 $200,600
2016 $7,805 $226,900 $26,300 $200,600
2015 $7,508 $226,900 $26,300 $200,600
2014 $7,036 $226,900 $26,300 $200,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    ETINWA-OKON EDEM

    KYM REALTY GROUP LLC

  • M

    Seller Co-Listing Agent in 2024

    MIRIAM RAIDE

    KYM REALTY GROUP LLC

  • C

    Seller's Agent in 2017

    CECILIA QUELOPANA

    C-21 SEMIAO & ASSOCIATES

  • A

    Buyer's Agent in 2017

    ANGELA R. JENKINS

    ERA SUBURB REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3874239

Garden State MLS

APN: 14-01797-0000-00001

New Jersey Essex County Newark 07103 Fairmount

226 12th Ave, Newark, NJ

Not Listed for Sale

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