NOT LISTED FOR SALE

Estimated Value: $758,923 - $852,000

8 Beds
5 Baths
2,638 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 278 Summer Ave, Newark, NJ 07104 and is currently estimated at $798,231, approximately $302 per square foot. 278 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Franklin School, and Elliott Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2017
Sold by
Lopez Susana
Bought by
Rodiles-Muniz Lynn and Muniz-Cayetano Octaviano
Current Estimated Value
$798,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2002
Sold by
Rodrigues Jose
Bought by
Lopez Susana

Purchase Details

Closed on
Dec 18, 2000
Sold by
College Properties Inc
Bought by
Rodrigues Jose and Trujillo Edelberto

Purchase Details

Closed on
Nov 10, 1997
Sold by
Citywide Realty
Bought by
Fernandez Orosifilis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.23%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Texas Commerce Bank
Bought by
Citywide Realty

Purchase Details

Closed on
Jan 3, 1994
Sold by
Teixeira Armindo
Bought by
Sousa Rui and Sousa Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7%

Purchase Details

Closed on
Apr 16, 1990
Sold by
Walsh William
Bought by
Teixeira Armindo J and Teixeira Modesto M

Purchase Details

Closed on
Dec 13, 1989
Sold by
Federal National Mortgage Assoc
Bought by
Walsh William

Purchase Details

Closed on
Nov 20, 1989
Sold by
Fund America Corp
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Aug 5, 1987
Sold by
Dalessio Thomas J Sheriff
Bought by
Criterion Financial Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rodiles-Muniz Lynn $365,000 --
Lopez Susana $302,500 --
-- $220,000 --
Rodrigues Jose $25,000 --
Rodrigues Jose $25,000 --
Fernandez Orosifilis $130,000 --
Citywide Realty $48,000 --
Sousa Rui $159,000 --
Teixeira Armindo J $92,500 --
Walsh William $49,500 --
Federal National Mortgage Assoc $100 --
Criterion Financial Corp $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz-Cayetanooctaviano $346,026
Closed Rodiles $346,026
Previous Owner Rodiles-Muniz Lynn $358,388
Previous Owner Lopez Susana E $232,541
Previous Owner Fernandez Orosifilis $91,000
Previous Owner Sousa Rui $143,000
Source: Public Records

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 $9,436 $253,100 $37,100 $216,000
2024 $9,436 $253,100 $37,100 $216,000
2022 $9,456 $253,100 $37,100 $216,000
2021 $9,451 $253,100 $37,100 $216,000
2020 $9,618 $253,100 $37,100 $216,000
2019 $9,519 $253,100 $37,100 $216,000
2018 $9,347 $253,100 $37,100 $216,000
2017 $9,010 $253,100 $37,100 $216,000
2016 $8,707 $253,100 $37,100 $216,000
2015 $8,375 $253,100 $37,100 $216,000
2014 $7,849 $253,100 $37,100 $216,000
Source: Public Records

Map