NOT LISTED FOR SALE

53 Val Sumo Ln Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $525,000 - $590,000

3 Beds
3 Baths
-- Sq Ft
660 Sq Ft Lot

Last Sold April 17, 2023

Last sale price $395,000

Est. 42% increase in value since last sale

Current estimated payment $3,621/month

8 Days on Market

About This Home

As of April 2023

This home is located at 53 Val Sumo Ln, Newark, NJ 07105 since 09 February 2023 and is currently estimated at $561,066. This property was built in 2004. 53 Val Sumo Ln is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

Last Agent to Sell the Property

SCOTT T. BIXLER

THE BIXLER GROUP LLC Listed on: 02/09/2023

Last Buyer's Agent

SCOTT T. BIXLER

THE BIXLER GROUP LLC Listed on: 02/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,765

Year Built

  • Built in 2004

Lot Details

  • 660 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,765

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Year Built: 2004
  • County Name: Essex
  • Street Number Display: 53
  • I D: 5202846
  • Modified: 2024-04-18
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 660 SF
  • Total Acres: 0.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 6, 2023
Sold by
Bianco Barbara V
Bought by
An Sung Shad
Seller's Agent
SCOTT T. BIXLER
THE BIXLER GROUP LLC
Buyer's Agent
SCOTT T. BIXLER
THE BIXLER GROUP LLC
List Price
$349,900
Sold Price
$395,000
Premium/Discount to List
$45,100
12.89%
Current Estimated Value
$561,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,066
Avg. Annual Appreciation
16.05%
Original Mortgage
$296,000
Outstanding Balance
$288,564
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$280,221

Purchase Details

Closed on
Jun 26, 2009
Sold by
Garcia Maria and Garcia Mike
Bought by
Garcia Maria and Garcia Mike

Purchase Details

Closed on
Nov 3, 2004
Sold by
Sumo Companies Inc
Bought by
Garcia Marcia and Garcia Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.68%
Source: Public Records

Range of Values:

Collateral Analytics

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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
An Sung Shad $395,000 Ats Title
Garcia Maria -- None Available
Garcia Marcia $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Sung Shad $296,000
Previous Owner Garcia Marcia $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $395,000 0.0% --
02/17/2023 02/17/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $394,900 +12.9% --
02/09/2023 02/09/23 For Sale $349,900 -- --
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 $7,765 $208,300 $55,000 $153,300
2024 $7,765 $208,300 $55,000 $153,300
2022 $7,782 $208,300 $55,000 $153,300
2021 $7,778 $208,300 $55,000 $153,300
2020 $7,915 $208,300 $55,000 $153,300
2019 $7,834 $208,300 $55,000 $153,300
2018 $7,693 $208,300 $55,000 $153,300
2017 $7,415 $208,300 $55,000 $153,300
2016 $7,166 $208,300 $55,000 $153,300
2015 $6,893 $208,300 $55,000 $153,300
2014 $6,209 $208,300 $55,000 $153,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SCOTT T. BIXLER

    THE BIXLER GROUP LLC

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Map

Source: Garden State MLS

MLS Number: 3828079

Garden State MLS

APN: 14-02013-03-00007

New Jersey Essex County Newark 07105 North Ironbound

53 Val Sumo Ln, Newark, NJ

This home is located at 53 Val Sumo Ln, Newark, NJ 07105 since 09 February 2023 and is currently estimated at $561,066. This property was built in 2004. 53 Val Sumo Ln is a home located in Essex County with nearby schools including Hawkins Street Elementary School, Lafayette Street Elementary School, and Oliver Street School.

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