NOT LISTED FOR SALE

Estimated Value: $676,976 - $789,000

-- Bed
-- Bath
-- Sq Ft
4,356 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $536,000

Est. 38% increase in value since last sale

Current estimated payment $4,868/month

13 Days on Market

About This Home

As of December 2022

This home is located at 387 N 13th St Unit 389, Newark, NJ 07107 since 21 October 2022 and is currently estimated at $739,494. This property was built in 1927. 387 N 13th St Unit 389 is a home located in Essex County with nearby schools including Dr. William H. Horton Elementary School, First Avenue Elementary School, and Franklin School.

Last Listed By

Danielle Green

NJ REALTY PROS Brokerage Phone: 732-234-7020 Listed on: 10/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,742

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,742

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Year Built: 1927
  • County Name: Essex
  • Street Number Display: 387
  • I D: 5185965
  • Modified: 2023-12-17
  • Number Images: 1
  • Attribution Contact: 732-234-7020
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 44X100
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 15, 2022
Sold by
Colabelli Frank
Bought by
Lopez Sandro Solano and Quezada Luz E
Seller's Agent
Danielle Green
NJ REALTY PROS
Buyer's Agent
VANESA CABRERA
PREMIER HOMES
List Price
$520,000
Sold Price
$536,000
Premium/Discount to List
$16,000
3.08%
Total Days on Market
13
Views
34
Current Estimated Value
$739,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,494
Avg. Annual Appreciation
11.09%
Original Mortgage
$474,155
Outstanding Balance
$462,545
Interest Rate
7.08%
Mortgage Type
Construction
Estimated Equity
$230,195

Purchase Details

Closed on
Jul 9, 1999
Sold by
Memoli Michael
Bought by
Dorassami Narendranauth and Dorassami Nieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.54%

Purchase Details

Closed on
Dec 5, 1986
Bought by
Colabelli Frank and Colabelli Phyllis

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
Lopez Sandro Solano $536,000 Simplicity Title
Dorassami Narendranauth $178,000 --
Colabelli Frank $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Sandro Solano $474,155
Previous Owner Colabelli Frank $151,736
Previous Owner Colabelli Phyllis $150,000
Previous Owner Colabell Phyllis $101,000
Previous Owner Dorassami Narendranauth $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $536,000 +3.1% --
11/03/2022 11/03/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $520,000 -- --
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
2024 $8,742 $289,500 $49,800 $239,700
2022 $8,761 $234,500 $49,800 $184,700
2021 $8,756 $234,500 $49,800 $184,700
2020 $8,911 $234,500 $49,800 $184,700
2019 $8,820 $234,500 $49,800 $184,700
2018 $8,660 $234,500 $49,800 $184,700
2017 $8,348 $234,500 $49,800 $184,700
2016 $8,067 $234,500 $49,800 $184,700
2015 $7,760 $234,500 $49,800 $184,700
2014 $7,272 $234,500 $49,800 $184,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3813851

Garden State MLS

APN: 14-01962-0000-00047