NOT LISTED FOR SALE

38 Oakland Terrace Newark, NJ 07106

Upper Vailsburg Neighborhood

Estimated Value: $621,000 - $846,000

-- Bed
-- Bath
-- Sq Ft
3,572 Sq Ft Lot

Last Sold November 26, 2018

Last sale price $291,998

Est. 145% increase in value since last sale

Current estimated payment $4,592/month

143 Days on Market

About This Home

As of November 2018

This home is located at 38 Oakland Terrace, Newark, NJ 07106 since 30 May 2018 and is currently estimated at $715,507. This property was built in 2006. 38 Oakland Terrace is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

DAVID M. SWEENEY

DAVID M SWEENEY REALTY, LLC Brokerage Phone: 678-201-0475 Listed on: 05/30/2018

Last Buyer's Agent

CHIDI DURUGO

FRONT STREET ESTATES & FINE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,365

Year Built

  • Built in 2006

Lot Details

  • 3,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,365

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Year Built: 2006
  • County Name: Essex
  • Street Number Display: 38
  • I D: 4846876
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 24, 2018
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Anukan Michael O
Seller's Agent
DAVID M. SWEENEY
DAVID M SWEENEY REALTY, LLC
Buyer's Agent
CHIDI DURUGO
FRONT STREET ESTATES & FINE HOMES
List Price
$305,500
Sold Price
$291,998
Premium/Discount to List
-$13,502
-4.42%
Current Estimated Value
$715,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,509
Avg. Annual Appreciation
14.40%
Original Mortgage
$276,251
Outstanding Balance
$240,335
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$489,449

Purchase Details

Closed on
Nov 13, 2006
Sold by
Oak Style Developers Llc
Bought by
Perry Keenon and Lovelace Akinyale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Anukan Michael O $291,998 --
Perry Keenon $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anukan Michael O $276,251
Previous Owner Perry Keenon $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $291,998 -4.4% --
10/20/2018 10/20/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $305,500 -- --
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
2025 $9,365 $251,200 $24,400 $226,800
2024 $9,365 $251,200 $24,400 $226,800
2022 $9,385 $251,200 $24,400 $226,800
2021 $9,380 $251,200 $24,400 $226,800
2020 $9,546 $251,200 $24,400 $226,800
2019 $9,448 $251,200 $24,400 $226,800
2018 $9,277 $251,200 $24,400 $226,800
2017 $8,943 $251,200 $24,400 $226,800
2016 $8,641 $251,200 $24,400 $226,800
2015 $8,312 $251,200 $24,400 $226,800
2014 $7,790 $251,200 $24,400 $226,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    DAVID M. SWEENEY

    DAVID M SWEENEY REALTY, LLC

  • C

    Buyer's Agent in 2018

    CHIDI DURUGO

    FRONT STREET ESTATES & FINE HOMES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3510448

Garden State MLS

APN: 14-04172-0000-00023

New Jersey Essex County Newark 07106 Upper Vailsburg

38 Oakland Terrace, Newark, NJ

This home is located at 38 Oakland Terrace, Newark, NJ 07106 since 30 May 2018 and is currently estimated at $715,507. This property was built in 2006. 38 Oakland Terrace is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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