NOT LISTED FOR SALE

27 Leo Place Unit 2 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $388,000 - $699,000

-- Bed
2 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold May 29, 2024

Last sale price $368,561

Est. 45% increase in value since last sale

Current estimated payment $3,770/month

2 Days on Market

About This Home

As of May 2024

This home is located at 27 Leo Place Unit 2, Newark, NJ 07108 since 10 March 2024 and is currently estimated at $533,349. This property was built in 1907. 27 Leo Place Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Listed By

QUEENELLA GIBSON-DELPHIN

WEICHERT REALTORS Brokerage Phone: 973-378-8300 Listed on: 03/10/2024

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,760

Year Built

  • Built in 1907

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,760

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • Street Number Display: 27
  • I D: 5274388
  • Modified: 2024-05-30
  • Number Images: 1
  • Attribution Contact: 973-378-8300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X90
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Leo Investment Holding Llc
Bought by
Casey James Paul
Total Days on Market
2
Current Estimated Value
$533,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,955
Outstanding Balance
$652,414
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$119,065

Purchase Details

Listed on
Mar 10, 2024
Closed on
May 28, 2024
Sold by
Alleyne Korri L
Bought by
Leo Investment Holding Llc
Seller's Agent
QUEENELLA GIBSON-DELPHIN
WEICHERT REALTORS
Buyer's Agent
Celeste Moore
REALTY OF AMERICA
List Price
$390,000
Sold Price
$368,561
Premium/Discount to List
-$21,439
-5.5%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.79%
Original Mortgage
$455,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2021
Sold by
27 Leo Place Llc
Bought by
Alleyne Korri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2019
Sold by
Thompson Fred and Thompson Pandora
Bought by
27 Leo Place Llc

Purchase Details

Closed on
Nov 12, 1999
Sold by
Neighborhood Properties
Bought by
Thompson Fred and Thompson Pandora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1999
Sold by
Universal American Mtg
Bought by
Neighborhood Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 1993
Sold by
City Of Newark
Bought by
Stevenson Martin and Stevenson K

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
Casey James Paul $667,500 Nu World Title
Leo Investment Holding Llc $368,561 None Listed On Document
Alleyne Korri L $500,000 Stewart
27 Leo Place Llc $190,000 None Available
Thompson Fred $145,000 --
Neighborhood Properties $77,000 --
Stevenson Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey James Paul $652,955
Previous Owner Leo Investment Holding Llc $455,000
Previous Owner Alleyne Korri L $490,943
Previous Owner Thompson Fred $263,176
Previous Owner Thompson Fred $50,000
Previous Owner Thompson Fred $183,739
Previous Owner Thompson Fred $10,000
Previous Owner Thompson Fred $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $368,561 -5.5% --
03/12/2024 03/12/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $390,000 0.0% --
08/04/2020 08/04/20 Rented $1,550 +3.3% --
06/10/2020 06/10/20 Price Changed $1,500 -8.5% --
06/10/2020 06/10/20 For Rent $1,640 0.0% --
05/08/2020 05/08/20 Off Market $1,640 -- --
01/27/2020 01/27/20 For Rent $1,640 -- --
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 $9,760 $261,800 $31,500 $230,300
2023 $9,781 $261,800 $31,500 $230,300
2022 $9,781 $261,800 $31,500 $230,300
2021 $6,848 $183,400 $31,800 $151,600
2020 $6,969 $183,400 $31,800 $151,600
2019 $6,898 $183,400 $31,800 $151,600
2018 $6,773 $183,400 $31,800 $151,600
2017 $6,529 $183,400 $31,800 $151,600
2016 $6,309 $183,400 $31,800 $151,600
2015 $6,069 $183,400 $31,800 $151,600
2014 $5,687 $183,400 $31,800 $151,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2024

    Celeste Moore

    REALTY OF AMERICA

    (833) 256-4244

    2 in this area

    53 Total Sales

    Celeste Moore
    Section Image
  • Keishonda McClendon

    Seller's Agent in 2020

    Keishonda McClendon

    Coldwell Banker, Alpine/Closter

    (201) 390-6878

    4 in this area

    46 Total Sales

    Keishonda McClendon
    Section Image
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Map

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Source: Garden State MLS

MLS Number: 3890018

Garden State MLS

APN: 14-03040-0000-00027

New Jersey Essex County Newark 07108 Clinton Hill

27 Leo Place Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 27 Leo Place Unit 2, Newark, NJ 07108 since 10 March 2024 and is currently estimated at $533,349. This property was built in 1907. 27 Leo Place Unit 2 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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