NOT LISTED FOR SALE

38 Val Sumo Ln Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $553,000 - $590,000

4 Beds
2.5 Baths
-- Sq Ft
$170/mo HOA Fee

Last Sold January 31, 2023

Last sale price $420,000

Est. 35% increase in value since last sale

Current estimated payment $3,755/month

112 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • En-Suite Primary Bedroom
  • Formal Dining Room
  • Laundry Room
  • Utility Room

About This Home

As of January 2023

Excellent location, heart of Ironbound, Private community of beautiful townhouse style homes. Large 4 level home, partially finished basement, finished 3rd floor. Excellent layout with open concept. Excellent condition, 2 parking spaces immediately in front of unit. Newer hot water tank, 2 heating units (forced hot air), A/c for 1st, 2nd, 3rd floor levels

Last Agent to Sell the Property

Michael Rosa

ROSA AGENCY Brokerage Phone: 9084321100 Listed on: 08/18/2022

Last Buyer's Agent

JOSE DACOSTA

ROSA AGENCY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,068

Year Built

  • Built in 2004

Lot Details

  • 871

HOA Fees

  • $170 Monthly HOA Fees

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1614-02013-0004-00001-0000-
  • Tax Block *

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,068

Year Built

Built in 2004

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2004
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 38
  • Directions: Ferry St to Val Sumo Ln.
  • I D: 5173688
  • Modified: 2024-02-01
  • Number Images: 24
  • First Name: MICHAEL
  • First Name3: JOSE
  • Last Name: ROSA
  • Last Name3: DACOSTA
  • Office Phone: 9735897550
  • Office Phone3: 9735897550
  • Attribution Contact: 9084321100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, SeeRem, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 973-589-7550

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 170
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: 660 SF
  • Assessed Improvement Value: 134300
  • Assessed Land Value: 55000
  • Assessment: 189300
  • Easement: Unknown
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.02

Rental Info

  • Pets Allowed: Call

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7068
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02013-0004-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.734
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jan 26, 2023
Sold by
Moran John and Moran Marinalva F
Bought by
Sanchez Victor R
Seller's Agent
Michael Rosa
ROSA AGENCY
Buyer's Agent
JOSE DACOSTA
ROSA AGENCY
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
129
Current Estimated Value
$565,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,263
Avg. Annual Appreciation
12.71%
Original Mortgage
$399,000
Outstanding Balance
$386,786
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$189,870

Purchase Details

Closed on
Jul 15, 2009
Sold by
Carlos Antonio Ambrosio
Bought by
Moran John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Dasilva Milton
Bought by
Carlos Antonio Ambrosio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Sumo Companies Inc
Bought by
Dasilva Milton and Dasilva Emilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Interest Rate
5.74%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
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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
Sanchez Victor R $420,000 Cross County Title
Moran John $122,500 None Available
Carlos Antonio Ambrosio $422,500 --
Dasilva Milton $314,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Victor R $399,000
Previous Owner Moran John $184,000
Previous Owner Carlos Antonio Ambrosio $338,000
Previous Owner Dasilva Milton $251,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $420,000 -6.5% --
12/13/2022 12/13/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $449,000 -- --
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 $7,057 $189,300 $55,000 $134,300
2024 $7,057 $189,300 $55,000 $134,300
2022 $7,072 $189,300 $55,000 $134,300
2021 $7,068 $189,300 $55,000 $134,300
2020 $7,193 $189,300 $55,000 $134,300
2019 $7,120 $189,300 $55,000 $134,300
2018 $6,991 $189,300 $55,000 $134,300
2017 $6,739 $189,300 $55,000 $134,300
2016 $6,512 $189,300 $55,000 $134,300
2015 $6,264 $189,300 $55,000 $134,300
2014 $5,870 $189,300 $55,000 $134,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Rosa

    Seller's Agent in 2023

    Michael Rosa

    ROSA AGENCY

    (908) 289-5200

    12 in this area

    128 Total Sales

    Michael Rosa
    Section Image

  • J

    Buyer's Agent in 2023

    JOSE DACOSTA

    ROSA AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3802847

Garden State MLS

APN: 14-02013-04-00001

New Jersey Essex County Newark 07105 North Ironbound

38 Val Sumo Ln, Newark, NJ

This home is located at 38 Val Sumo Ln, Newark, NJ 07105 since 18 August 2022 and is currently estimated at $565,263. This property was built in 2004. 38 Val Sumo Ln is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

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