NOT LISTED FOR SALE

227 Elm St Newark, NJ 07105

South Ironbound Neighborhood

Estimated Value: $719,423 - $862,000

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold January 05, 2022

Last sale price $575,000

Est. 33% increase in value since last sale

Current estimated payment $4,907/month

52 Days on Market

About This Home

As of January 2022

This home is located at 227 Elm St, Newark, NJ 07105 since 28 September 2021 and is currently estimated at $763,856. 227 Elm St is a home located in Essex County with nearby schools including Lafayette Street Elementary School, Oliver Street School, and Hawkins Street Elementary School.

Last Agent to Sell the Property

Augusto Verissimo

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 09/28/2021

WEICHERT REALTORS - HOME CITY

Co-Listed By

JUAN PEREZ-NUNEZ

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000

Last Buyer's Agent

Nelson Mota

VERIFIED HOMES

VERIFIED HOMES

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5106137
  • 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
Sep 28, 2021
Closed on
Jan 5, 2022
Sold by
Paul Ferreira
Bought by
Gutierrez Kelvin and Gutierrez Emeline
Seller's Agent
Augusto Verissimo
WEICHERT REALTORS - HOME CITY
Buyer's Agent
Nelson Mota
VERIFIED HOMES
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Current Estimated Value
$763,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,856
Avg. Annual Appreciation
7.51%
Original Mortgage
$467,500
Outstanding Balance
$430,916
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$332,940

Purchase Details

Closed on
Aug 27, 2013
Sold by
Ferreira Carlos
Bought by
Ferreira Carlos and Ferreira Paul

Purchase Details

Closed on
Jul 31, 2013
Sold by
Ferreira Carlos
Bought by
Ferreira Carlos and Ferreira Paul

Purchase Details

Closed on
Dec 23, 2004
Sold by
Costanzao Catherine
Bought by
Ferreira Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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

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ICE

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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
Gutierrez Kelvin $575,000 Dasilva Paul M
Ferreira Carlos -- None Available
Ferreira Carlos -- None Available
Ferreira Paul $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Kelvin $467,500
Previous Owner Ferreira Paul $252,000
Closed Ferreira Carlos --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $575,000 -4.2% --
11/19/2021 11/19/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $599,900 0.0% --
10/19/2021 10/19/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $599,900 -- --
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 $10,666 $286,100 $75,000 $211,100
2024 $10,666 $286,100 $75,000 $211,100
2023 $7,935 $286,100 $75,000 $211,100
2022 $7,935 $212,400 $75,000 $137,400
2021 $7,931 $212,400 $75,000 $137,400
2020 $8,071 $212,400 $75,000 $137,400
2019 $7,988 $212,400 $75,000 $137,400
2018 $7,844 $212,400 $75,000 $137,400
2017 $7,561 $212,400 $75,000 $137,400
2016 $7,307 $212,400 $75,000 $137,400
2015 $7,028 $212,400 $75,000 $137,400
2014 $6,587 $212,400 $75,000 $137,400
Source: Public Records

Agents Affiliated with this Home

  • Augusto Verissimo

    Seller's Agent in 2022

    Augusto Verissimo

    WEICHERT REALTORS - HOME CITY

    (201) 293-6333

    60 in this area

    214 Total Sales

    Augusto Verissimo
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    JUAN PEREZ-NUNEZ

    WEICHERT REALTORS - HOME CITY

  • Nelson Mota

    Buyer's Agent in 2022

    Nelson Mota

    VERIFIED HOMES

    (973) 277-1646

    9 in this area

    30 Total Sales

    Nelson Mota
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3743409

Garden State MLS

APN: 14-01977-0000-00022

New Jersey Essex County Newark 07105 South Ironbound

227 Elm St, Newark, NJ

Not Listed for Sale

MultiFamily

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