NOT LISTED FOR SALE

490 Summer Ave Unit 492 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $700,000 - $860,000

-- Bed
-- Bath
2,942 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 490 Summer Ave Unit 492, Newark, NJ 07104 and is currently estimated at $750,228, approximately $255 per square foot. 490 Summer Ave Unit 492 is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Paulino Jose M and Paulino Tommy E
Bought by
Castillo Jaime Lizardo Sequencia
Current Estimated Value
$731,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2006
Sold by
Fermin Luis
Bought by
Paulino Jose and Paulino Tommy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
7.34%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2005
Sold by
Guzhnay Galo
Bought by
Fermin Luis and Fermin Gina

Purchase Details

Closed on
May 21, 2003
Sold by
Munoz Carlos
Bought by
Guzhnay Galo and Sanchez Manuela

Purchase Details

Closed on
Dec 22, 2000
Sold by
Martinez Leonardo
Bought by
Munoz Carlos A

Purchase Details

Closed on
Apr 5, 1989
Sold by
Egea Eduardo M and Egea Nieves
Bought by
Martinez Leonardo Rafael and Martinez Felicia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Castillo Jaime Lizardo Sequencia $400,000 Advanced Ttl & Abstract Llc
Paulino Jose $430,000 --
Fermin Luis $390,000 --
Guzhnay Galo $285,000 --
Munoz Carlos A $119,000 --
Martinez Leonardo Rafael $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Jaime Lizardo-Sequ $388,990
Closed Castillo Jaime Lizardo Szquencia $388,990
Closed Castillo Jaime Lizardo Sequencia $392,755
Previous Owner Paulino Jose M $344,000
Previous Owner Paulino Jose M $86,000
Previous Owner Fermin Luis $312,000
Previous Owner Fermin Luis $312,000
Previous Owner Fermin Luis $39,000
Previous Owner Guzhnay Galo $282,765
Previous Owner Munoz Carlos A $117,996
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 $12,150 $325,900 $35,600 $290,300
2024 $12,150 $325,900 $35,600 $290,300
2022 $12,176 $325,900 $35,600 $290,300
2021 $12,169 $325,900 $35,600 $290,300
2020 $7,566 $199,100 $35,200 $163,900
2019 $7,488 $199,100 $35,200 $163,900
2018 $7,353 $199,100 $35,200 $163,900
2017 $7,088 $199,100 $35,200 $163,900
2016 $6,849 $199,100 $35,200 $163,900
2015 $6,588 $199,100 $35,200 $163,900
2014 $6,174 $199,100 $35,200 $163,900
Source: Public Records

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