NOT LISTED FOR SALE

266 Osborne Terrace Unit 3 Newark, NJ 07112

Weequahic Neighborhood

Estimated Value: $478,000 - $676,000

-- Bed
3 Baths
-- Sq Ft
43 Sq Ft Lot

Last Sold July 24, 2018

Last sale price $225,000

Est. 159% increase in value since last sale

Current estimated payment $3,936/month

9 Days on Market

About This Home

As of July 2018

This home is located at 266 Osborne Terrace Unit 3, Newark, NJ 07112 since 24 April 2018 and is currently estimated at $583,586. This property was built in 1922. 266 Osborne Terrace Unit 3 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Peshine Avenue Elementary School, and Belmont Runyon School.

Last Listed By

Danna Steck

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 973-376-9090 Listed on: 04/24/2018

ELITE REALTORS OF NEW JERSEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,407

Year Built

  • Built in 1922

Lot Details

  • 43 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,407

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Essex
  • Street Number Display: 266
  • I D: 4797401
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 973-376-9090
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 43.4X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jul 24, 2018
Sold by
Rankin Lionel and Rankin Beverly
Bought by
Lewis Raeburn and Lewis Phylis
Seller's Agent
Danna Steck
ELITE REALTORS OF NEW JERSEY
List Price
$224,500
Sold Price
$225,000
Premium/Discount to List
$500
0.22%
Total Days on Market
9
Current Estimated Value
$583,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,586
Avg. Annual Appreciation
15.55%
Original Mortgage
$218,762
Outstanding Balance
$192,344
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$409,617

Purchase Details

Closed on
Nov 11, 1993
Sold by
Hatcher O J
Bought by
Rankin Lionel and Rankin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.03%

Purchase Details

Closed on
Mar 6, 1990
Sold by
Hatcher Jr Owens J
Bought by
Core Mercy

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
Rankin Lionel $95,000 --
Core Mercy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Raeburn $218,762
Previous Owner Rankin Lionel $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $225,000 +0.2% --
05/03/2018 05/03/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $224,500 -- --
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
2024 $8,407 $225,500 $29,800 $195,700
2022 $8,425 $225,500 $29,800 $195,700
2021 $8,420 $225,500 $29,800 $195,700
2020 $8,569 $225,500 $29,800 $195,700
2019 $8,481 $225,500 $29,800 $195,700
2018 $8,328 $225,500 $29,800 $195,700
2017 $8,028 $225,500 $29,800 $195,700
2016 $7,757 $225,500 $29,800 $195,700
2015 $7,462 $225,500 $29,800 $195,700
2014 $6,993 $225,500 $29,800 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3464387

Garden State MLS

APN: 14-03603-0000-00038