NOT LISTED FOR SALE

557 Norwood St East Orange, NJ 07018

Estimated Value: $631,000 - $793,000

-- Bed
-- Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $210,000

Est. 231% increase in value since last sale

Current estimated payment $4,883/month

20 Days on Market

About This Home

As of September 2020

This home is located at 557 Norwood St, East Orange, NJ 07018 since 31 July 2020 and is currently estimated at $695,699. This property was built in 1930. 557 Norwood St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

Last Agent to Sell the Property

Marcia Macedo

REDFIN CORPORATION Brokerage Phone: 201-603-3498 Listed on: 07/31/2020

REDFIN CORPORATION

Last Buyer's Agent

KELVIN SHAH

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,458

Year Built

  • Built in 1930

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,458

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Essex
  • Street Number Display: 557
  • I D: 5003896
  • Modified: 2021-09-12
  • Number Images: 0
  • Attribution Contact: 201-603-3498
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 33X163
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Kelvin K Shah Holdings Llc
Bought by
Nelson Andrea Malcolm and Henry Prince Lamar
Current Estimated Value
$695,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2020
Closed on
Sep 15, 2020
Sold by
Federal Natl Mtg Assn Fnma and Fannie Mae
Bought by
Kelvin K Shah Holdings Llc
Seller's Agent
Marcia Macedo
REDFIN CORPORATION
Buyer's Agent
KELVIN SHAH
EXP REALTY, LLC
List Price
$185,000
Sold Price
$210,000
Premium/Discount to List
$25,000
13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.07%
Original Mortgage
$264,000
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Nelson Andrea Malcolm $495,000 Fidelity National Title
Kelvin K Shah Holdings Llc $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Andrea Malcolm $486,034
Previous Owner Kelvin K Shah Holdings Llc $264,000
Previous Owner Harris Velma $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $210,000 +13.5% --
08/20/2020 08/20/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $185,000 -- --
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 $13,458 $424,800 $82,900 $341,900
2024 $13,458 $424,800 $82,900 $341,900
2022 $12,345 $424,800 $82,900 $341,900
2021 $11,160 $201,400 $45,400 $156,000
2020 $11,017 $201,400 $45,400 $156,000
2019 $10,876 $201,400 $45,400 $156,000
2018 $10,741 $201,400 $45,400 $156,000
2017 $10,441 $201,400 $45,400 $156,000
2016 $10,277 $201,400 $45,400 $156,000
2015 $10,026 $201,400 $45,400 $156,000
2014 $9,885 $201,400 $45,400 $156,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2020

    KELVIN SHAH

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3652799

Garden State MLS

APN: 05-00463-0000-00024

New Jersey Essex County East Orange 07018

557 Norwood St, East Orange, NJ

This home is located at 557 Norwood St, East Orange, NJ 07018 since 31 July 2020 and is currently estimated at $695,699. This property was built in 1930. 557 Norwood St is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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