NOT LISTED FOR SALE

402 S 15th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $608,000 - $652,000

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $370,000

Est. 72% increase in value since last sale

Current estimated payment $4,263/month

90 Days on Market

About This Home

As of May 2020

This home is located at 402 S 15th St, Newark, NJ 07103 since 11 January 2020 and is currently estimated at $635,579. This property was built in 1910. 402 S 15th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Rickey Cooper

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-575-6700 Listed on: 01/11/2020

REALTY EXECUTIVES EXCEPTIONAL

Last Buyer's Agent

Maileny Vidal

HOMESMART FIRST ADVANTAGE

HOMESMART FIRST ADVANTAGE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Essex
  • I D: 4955944
  • Attribution Contact: 973-575-6700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
May 21, 2020
Sold by
Hanney Ronald M
Bought by
Lora Elinson Mejia
Seller's Agent
Rickey Cooper
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Maileny Vidal
HOMESMART FIRST ADVANTAGE
List Price
$347,000
Sold Price
$370,000
Premium/Discount to List
$23,000
6.63%
Current Estimated Value
$635,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,579
Avg. Annual Appreciation
10.12%
Original Mortgage
$363,298
Outstanding Balance
$321,323
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$314,256

Purchase Details

Closed on
Dec 11, 2007
Sold by
Nj Rehab Vii Llc
Bought by
Hanney Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,360
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2005
Sold by
Deutsche Bank National Trust
Bought by
Nuj Rehab Vii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2001
Sold by
Greenfield Asset
Bought by
Ellington Aundra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
6.54%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Hud
Bought by
Homes Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Lora Elinson Mejia $370,000 Sunnyside Title Agency
Hanney Ronald M $320,000 Chicago Title Insurance Co
Nuj Rehab Vii Llc $179,000 --
Ellington Aundra $185,000 --
Homes Realty $12,003 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lora Elinson Mejia $363,298
Previous Owner Hanney Ronald M $315,360
Previous Owner Nuj Rehab Vii Llc $225,000
Previous Owner Ellington Aundra $175,750
Previous Owner Homes Realty $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $370,000 +6.6% --
04/10/2020 04/10/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $347,000 -- --
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 $11,285 $302,700 $29,700 $273,000
2024 $11,285 $302,700 $29,700 $273,000
2022 $11,309 $302,700 $29,700 $273,000
2021 $11,303 $302,700 $29,700 $273,000
2020 $5,312 $139,800 $29,700 $110,100
2019 $5,258 $139,800 $29,700 $110,100
2018 $5,163 $139,800 $29,700 $110,100
2017 $4,977 $139,800 $29,700 $110,100
2016 $4,809 $139,800 $29,700 $110,100
2015 $4,626 $139,800 $29,700 $110,100
2014 $4,335 $139,800 $29,700 $110,100
Source: Public Records

Agents Affiliated with this Home

  • Rickey Cooper

    Seller's Agent in 2020

    Rickey Cooper

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 493-7347

    16 Total Sales

    Rickey Cooper
    Section Image

  • M

    Buyer's Agent in 2020

    Maileny Vidal

    HOMESMART FIRST ADVANTAGE

    (201) 283-4586

    1 in this area

    63 Total Sales

    Maileny Vidal
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3610422

Garden State MLS

APN: 14-00318-0000-00047

New Jersey Essex County Newark 07103 West Side

402 S 15th St, Newark, NJ

Not Listed for Sale

MultiFamily

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