NOT LISTED FOR SALE

Estimated Value: $623,000 - $756,000

8 Beds
5 Baths
-- Sq Ft
3,500 Sq Ft Lot

Last Sold October 06, 2023

Last sale price $605,000

Est. 15% increase in value since last sale

Current estimated payment $4,529/month

28 Days on Market

About This Home

As of October 2023

This home is located at 261 S 11th St, Newark, NJ 07107 since 14 June 2023 and is currently estimated at $707,972. This property was built in 2005. 261 S 11th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Lincoln Elementary School.

Last Agent to Sell the Property

ALMA BILLINGS

WEICHERT REALTORS Brokerage Phone: 973-779-1900 Listed on: 06/14/2023

Last Buyer's Agent

HERNAN CASTRO

THE REAL ESTATE COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,835

Year Built

  • Built in 2005

Lot Details

  • 3,500 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,835

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 261
  • I D: 5227299
  • Modified: 2024-10-07
  • Number Images: 1
  • Attribution Contact: 973-779-1900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3500 SF
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 6, 2023
Sold by
Wolff David
Bought by
Joseph Stephen
Seller's Agent
ALMA BILLINGS
WEICHERT REALTORS
Buyer's Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%
Views
651
Current Estimated Value
$695,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,985
Avg. Annual Appreciation
8.77%
Original Mortgage
$523,249
Outstanding Balance
$514,017
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$193,955

Purchase Details

Closed on
Nov 27, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.4%

Purchase Details

Closed on
Nov 21, 2006
Sold by
Stahl Rafael
Bought by
Rosa Odete Valencio and Rosa Jose Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.4%
Source: Public Records

Range of Values:

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
Joseph Stephen $605,000 Stewart Title
-- -- --
Rosa Odete Valencio $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Stephen $523,249
Previous Owner Rosa Odete Valencio $364,000
Previous Owner Freitas Taciane $279,200
Previous Owner Freitas Taciane $69,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $605,000 -2.4% --
07/12/2023 07/12/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $620,000 -- --
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 $8,835 $237,000 $31,800 $205,200
2024 $8,835 $237,000 $31,800 $205,200
2022 $8,854 $237,000 $31,800 $205,200
2021 $8,850 $237,000 $31,800 $205,200
2020 $9,006 $237,000 $31,800 $205,200
2019 $8,914 $237,000 $31,800 $205,200
2018 $8,752 $237,000 $31,800 $205,200
2017 $8,437 $237,000 $31,800 $205,200
2016 $8,153 $237,000 $31,800 $205,200
2015 $7,842 $237,000 $31,800 $205,200
2014 $7,349 $237,000 $31,800 $205,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3849257

Garden State MLS

APN: 14-01815-0000-00025-02