NOT LISTED FOR SALE

Estimated Value: $475,877 - $763,000

-- Bed
-- Bath
1,460 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $50,000 $34 Per Sq Ft

Est. 1,037% increase in value since last sale

Current estimated payment $3,483/month

200 Days on Market

About This Home

As of June 2017

This home is located at 421 S 16th St, Newark, NJ 07103 since 08 September 2016 and is currently estimated at $568,469, approximately $389 per square foot. 421 S 16th St is a home located in Essex County with nearby schools including Lincoln Elementary School, Hawthorne Avenue Elementary School, and Louise A. Spencer School.

Last Agent to Sell the Property

Kara Staniszewski

EXP REALTY, LLC Brokerage Phone: 732-382-0200 Listed on: 09/08/2016

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,622

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,622

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 421-S
  • I D: 4656125
  • Modified: 2018-06-02
  • Number Images: 1
  • Attribution Contact: 732-382-0200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 20X100
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Thomas Latoya B and Barbour Latisha
Bought by
Thomas Latoya B
Current Estimated Value
$568,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$180,478
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$387,991

Purchase Details

Listed on
Sep 8, 2016
Closed on
Jul 13, 2017
Sold by
Patch Of Land Lending Llc
Bought by
421 S 16Th Llc
Seller's Agent
Kara Staniszewski
EXP REALTY, LLC
List Price
$130,000
Sold Price
$50,000
Premium/Discount to List
-$80,000
-61.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.84%
Original Mortgage
$80,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
421 1 2 S 16Th St Ll
Bought by
Srb Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2014
Sold by
Sheriff Arnando Fontoura
Bought by
421 S 16Th St Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2010
Sold by
Miwi Properties Llc
Bought by
Shamlin Wilford S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,123
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
The Cit Group/Consumer Finance Inc
Bought by
Miwi Llc

Purchase Details

Closed on
Sep 30, 2008
Sold by
Sylvester Janel and Blackwell Nathaniel
Bought by
The Cit Group/Consumer Finance Inc

Purchase Details

Closed on
Jan 17, 2007
Sold by
Saget Marc
Bought by
Sylvester Janel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
421 S 16Th Street Llc
Bought by
Saget Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2001
Sold by
Tidwell Wayne
Bought by
Amico Leen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thomas Latoya B -- Guardian Title Services Llc
421 S 16Th Llc $80,000 None Available
Srb Group Llc $135,000 --
421 S 16Th St Ll $27,100 --
Shamlin Wilford S $214,000 Quality Title & Abstract Age
Miwi Llc $51,700 None Available
The Cit Group/Consumer Finance Inc -- None Available
Sylvester Janel $330,000 --
Saget Marc $250,000 --
Amico Leen $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Latoya B $206,000
Closed 421 S 16Th Llc $80,000
Previous Owner Srb Group Llc $165,000
Previous Owner Shamlin Wilford S $210,123
Previous Owner Sylvester Janel $330,000
Previous Owner Saget Marc $200,000
Previous Owner Amico Leen $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $50,000 -61.5% $34 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $130,000 +362.6% $89 / Sq Ft
09/14/2015 09/14/15 Sold $28,101 -- $19 / Sq Ft
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 $5,622 $150,800 $30,000 $120,800
2024 $5,622 $150,800 $30,000 $120,800
2022 $5,634 $150,800 $30,000 $120,800
2021 $5,631 $150,800 $30,000 $120,800
2020 $5,730 $150,800 $30,000 $120,800
2019 $5,672 $150,800 $30,000 $120,800
2018 $5,569 $150,800 $30,000 $120,800
2017 $5,368 $150,800 $30,000 $120,800
2016 $5,188 $150,800 $30,000 $120,800
2015 $4,990 $150,800 $30,000 $120,800
2014 $4,676 $150,800 $30,000 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3334553

Garden State MLS

APN: 14-00320-0000-00016