NOT LISTED FOR SALE

247 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $371,473 - $399,000

3 Beds
2 Baths
1,726 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $49,000 $28 Per Sq Ft

Est. 685% increase in value since last sale

Current estimated payment $2,401/month

About This Home

As of December 2012

This home is located at 247 Summer Ave, Newark, NJ 07104 since 19 December 2012 and is currently estimated at $384,618, approximately $222 per square foot. 247 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 12/19/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,657

Lot Details

  • 1,742 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,657

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 247
  • I D: 4265347
  • Modified: 2013-12-20
  • Number Images: 1
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 16.8X100
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2012
Closed on
Nov 29, 2012
Sold by
Assets Recovery Center Investments Llc
Bought by
Carrion Luis and Cabrerea Maria
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Sold Price
$49,000
Current Estimated Value
$384,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,618
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Banco Popular North America
Bought by
Assets Recovery Center Investments Llc

Purchase Details

Closed on
Oct 22, 2010
Sold by
Alves Silva Joao G
Bought by
Banco Popular North America

Purchase Details

Closed on
Apr 12, 2007
Sold by
Dasilva Welbert Alves
Bought by
Silva Joao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
9.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2005
Sold by
Gomes Antonio
Bought by
Dasilva Welbert Alves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2003
Sold by
Martinez Mel
Bought by
Gomes Antonio

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
5.96%

Purchase Details

Closed on
Dec 23, 1998
Sold by
Cw Inc
Bought by
Nieves Nickoa and Torres Yesenia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,738
Interest Rate
6.84%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cvv Inc

Purchase Details

Closed on
Nov 3, 1988
Sold by
Valenntin Hermes and Valenntin Elena
Bought by
Aldas Guido and Aldas Marlene
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
Carrion Luis $45,000 None Available
Assets Recovery Center Investments Llc $34,559 None Available
Banco Popular North America -- None Available
Silva Joao $270,000 --
Dasilva Welbert Alves $170,000 --
Gomes Antonio $70,100 --
Nieves Nickoa $79,000 --
Cvv Inc $28,500 --
Aldas Guido $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Joao $256,500
Previous Owner Dasilva Welbert Alves $136,000
Previous Owner Gomes Antonio $70,000
Previous Owner Nieves Nickoa $76,738
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $49,000 -- $28 / 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 $3,657 $98,100 $31,800 $66,300
2024 $3,657 $98,100 $31,800 $66,300
2022 $3,665 $98,100 $31,800 $66,300
2021 $3,667 $98,200 $31,800 $66,400
2020 $3,732 $98,200 $31,800 $66,400
2019 $3,693 $98,200 $31,800 $66,400
2018 $3,627 $98,200 $31,800 $66,400
2017 $3,496 $98,200 $31,800 $66,400
2016 $3,378 $98,200 $31,800 $66,400
2015 $3,249 $98,200 $31,800 $66,400
2014 $3,045 $98,200 $31,800 $66,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2970310

Garden State MLS

APN: 14-00561-0000-00009

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

247 Summer Ave, Newark, NJ

This home is located at 247 Summer Ave, Newark, NJ 07104 since 19 December 2012 and is currently estimated at $384,618, approximately $222 per square foot. 247 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and First Avenue Elementary School.

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