NOT LISTED FOR SALE

369 Summer Ave Unit 3 Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $572,000 - $778,000

Studio
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold March 30, 2017

Last sale price $260,000

Est. 159% increase in value since last sale

Current estimated payment $4,057/month

49 Days on Market

About This Home

As of March 2017

This home is located at 369 Summer Ave Unit 3, Newark, NJ 07104 since 05 October 2016 and is currently estimated at $673,652. 369 Summer Ave Unit 3 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

Last Agent to Sell the Property

Dina Padilla

WEICHERT REALTORS - HOME CITY Brokerage Phone: 973-741-3000 Listed on: 10/05/2016

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4663055
  • Attribution Contact: 973-741-3000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26X117.6
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Penubolu Sriharsha and Yadala Venkata S
Bought by
Redacted Upon Request
Current Estimated Value
$673,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,644
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 5, 2016
Closed on
Mar 29, 2017
Sold by
Rajo Jose G and Rajo Milda
Bought by
Penubolu Sriharsha and Yadala Venkata S
Seller's Agent
Dina Padilla
WEICHERT REALTORS - HOME CITY
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$156,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1995
Sold by
Vasquez Maximino
Bought by
Rajo Jose and Nunez Federico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Redacted Upon Request $625,000 Sunnyside Title
Penubolu Sriharsha $260,000 None Available
Rajo Jose $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redacted Upon Request $611,644
Previous Owner Penubolu Sriharsha $156,000
Previous Owner Rajo Jose $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $260,000 -5.5% --
11/23/2016 11/23/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $275,000 -- --
Source: Garden State MLS

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 $5,786 $155,200 $27,700 $127,500
2024 $5,786 $155,200 $27,700 $127,500
2022 $5,798 $155,200 $27,700 $127,500
2021 $5,795 $155,200 $27,700 $127,500
2020 $5,898 $155,200 $27,700 $127,500
2019 $5,837 $155,200 $27,700 $127,500
2018 $5,732 $155,200 $27,700 $127,500
2017 $5,525 $155,200 $27,700 $127,500
2016 $5,339 $155,200 $27,700 $127,500
2015 $5,136 $155,200 $27,700 $127,500
2014 $4,813 $155,200 $27,700 $127,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dina Padilla

    WEICHERT REALTORS - HOME CITY

    (973) 704-3430

    1 in this area

    8 Total Sales

    Dina Padilla
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Map

Source: Garden State MLS

MLS Number: 3341107

Garden State MLS

APN: 14-00612-0000-00026

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

369 Summer Ave Unit 3, Newark, NJ

Not Listed for Sale

MultiFamily

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