NOT LISTED FOR SALE

408 Summer Ave Unit 1 Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated Value: $548,000 - $859,000

3 Beds
1 Bath
2,948 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 408 Summer Ave Unit 1, Newark, NJ 07104 and is currently estimated at $678,746, approximately $230 per square foot. 408 Summer Ave Unit 1 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Kensington Property Investment Group Llc
Bought by
Gordon Dionne
Current Estimated Value
$670,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$291,790
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$386,956

Purchase Details

Closed on
Mar 4, 2016
Sold by
Bank Of America Na
Bought by
Kenningston Property Investment Group Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2015
Sold by
Sheriff Of The County Of Essex
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 21, 2010
Sold by
Moya Maria Valdez
Bought by
Velocity Group Investments Llc

Purchase Details

Closed on
Aug 14, 2006
Sold by
Rosario Leyda
Bought by
Moya Maria Valdez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,300
Interest Rate
6.48%

Purchase Details

Closed on
Mar 29, 2004
Sold by
Amoros Peter
Bought by
Rosario Leyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.99%

Purchase Details

Closed on
Nov 1, 2000
Sold by
Montalvo Bievenido
Bought by
Amoros Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.83%

Purchase Details

Closed on
Mar 27, 2000
Sold by
Tree House
Bought by
Padilla Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.4%

Purchase Details

Closed on
Mar 24, 1993
Sold by
Fortanez Maria C
Bought by
Mantalvo Bienvenido

Purchase Details

Closed on
Jan 2, 1991
Sold by
Montalvao Montalvao B and Montalvao J
Bought by
Fontanez M C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Gordon Dionne $365,000 First American Title Insuran
Kenningston Property Investment Group Ll $87,000 Westcor Land Title
Bank Of America Na $588,530 None Listed On Document
Velocity Group Investments Llc -- None Available
Moya Maria Valdez $490,000 --
Rosario Leyda $375,000 --
Amoros Peter A $210,000 --
Padilla Aida $165,000 --
Mantalvo Bienvenido $100 --
Fontanez M C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Dionne $358,388
Previous Owner Kenningston Property Investment Group Ll $141,000
Previous Owner Kensington Property Investment Group Llc $141,000
Previous Owner Moya Maria Valdez $475,300
Previous Owner Rosario Leyda $40,000
Previous Owner Rosario Leyda $356,250
Previous Owner Amoros Peter A $199,500
Previous Owner Padilla Aida $148,500
Source: Public Records

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 $6,572 $176,300 $21,400 $154,900
2024 $6,572 $176,300 $21,400 $154,900
2022 $6,587 $176,300 $21,400 $154,900
2021 $6,583 $176,300 $21,400 $154,900
2020 $6,699 $176,300 $21,400 $154,900
2019 $6,631 $176,300 $21,400 $154,900
2018 $6,511 $176,300 $21,400 $154,900
2017 $6,276 $176,300 $21,400 $154,900
2016 $6,065 $176,300 $21,400 $154,900
2015 $5,834 $176,300 $21,400 $154,900
2014 $5,467 $176,300 $21,400 $154,900
Source: Public Records

Map

New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

408 Summer Ave Unit 1, Newark, NJ

This home is located at 408 Summer Ave Unit 1, Newark, NJ 07104 and is currently estimated at $678,746, approximately $230 per square foot. 408 Summer Ave Unit 1 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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