T
Seller's Agent in 2024
TAKISHA GRESHAM
REALTY ONE GROUP LEGEND
424 S 16th St Newark, NJ 07103
West Side Neighborhood
4
Beds
2
Baths
--
Sq Ft
1,999
Sq Ft Lot
About This Home
As of February 20242 Family home. First Level offers living room, bedroom Kitchen and Bathroom. Second Level offers living room, Kitchen, Bathroom, bedroom and 2 extra bedrooms on the third level. Home is being Sold AS IS. Buyer is responsible to obtain CO and Fire Certificate.
Last Agent to Sell the Property
Crystal Pomales
Keller Williams Team Realty Listed on: 10/21/2022
Last Buyer's Agent
Crystal Pomales
Keller Williams Team Realty Listed on: 10/21/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,389
Lot Details
- 1,999 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 00013 / 00319
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Feb 15, 2024
Sold by
424 South 16Th Llc
Bought by
Bakhit Mohamed
Seller's Agent
TAKISHA GRESHAM
REALTY ONE GROUP LEGEND
Buyer's Agent
TAKISHA GRESHAM
REALTY ONE GROUP LEGEND
List Price
$499,500
Sold Price
$440,000
Premium/Discount to List
-$59,500
-11.91%
Views
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,014
Avg. Annual Appreciation
-4.58%
Original Mortgage
$330,000
Outstanding Balance
$324,480
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$84,506
Purchase Details
Listed on
Oct 21, 2022
Closed on
Jan 20, 2023
Sold by
Investher Llc
Bought by
424 South 16Th Llc
Seller's Agent
Crystal Pomales
Keller Williams Team Realty
Buyer's Agent
Crystal Pomales
Keller Williams Team Realty
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%
Views
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
101.52%
Original Mortgage
$281,250
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2021
Sold by
Sukhavasi Venkata
Bought by
Investher Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
3.1%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 7, 2018
Sold by
Hall Ethel Mae Est
Bought by
Hall Edwina and Hall Phyllis
Purchase Details
Closed on
Jan 29, 2015
Bought by
City Of Newark
Purchase Details
Closed on
Oct 17, 1997
Sold by
Newark
Bought by
Sukhavasi Veukata
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $440,000 | Acres Land Title | |
| Deed | $205,000 | Nexus Title | |
| Deed | $165,000 | All Ahead Title | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $6,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $330,000 | New Conventional | |
| Previous Owner | $281,250 | New Conventional | |
| Previous Owner | $172,250 | Construction | |
| Previous Owner | $172,250 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $440,000 | -1.1% | -- |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 12/11/2023 12/11/23 | Price Changed | $444,999 | -6.3% | -- |
| 11/14/2023 11/14/23 | Price Changed | $475,000 | -4.9% | -- |
| 10/17/2023 10/17/23 | For Sale | $499,500 | +143.7% | -- |
| 01/23/2023 01/23/23 | Sold | $205,000 | -10.5% | -- |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 10/21/2022 10/21/22 | For Sale | $229,000 | -- | -- |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $4,306 | $214,100 | $30,000 | $184,100 |
| 2024 | $4,306 | $115,500 | $30,000 | $85,500 |
| 2022 | $4,315 | $115,500 | $30,000 | $85,500 |
| 2021 | $4,313 | $115,500 | $30,000 | $85,500 |
| 2020 | $4,389 | $115,500 | $30,000 | $85,500 |
| 2019 | $4,344 | $115,500 | $30,000 | $85,500 |
| 2018 | $4,265 | $115,500 | $30,000 | $85,500 |
| 2017 | $4,058 | $114,000 | $30,000 | $84,000 |
| 2016 | $3,922 | $114,000 | $30,000 | $84,000 |
| 2015 | $3,772 | $114,000 | $30,000 | $84,000 |
| 2014 | $3,535 | $114,000 | $30,000 | $84,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Seller's Agent in 2023
Crystal Pomales
Keller Williams Team Realty
Map
Source: New Jersey MLS
MLS Number: 22038444
APN: 14-00319-0000-00013
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