NOT LISTED FOR SALE

571 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $500,089 - $572,000

Studio
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: December 30, 2013

Last sale price $120,000

Est. 349% increase in value since last sale

Current estimated payment $3,454 / mo

About This Home

As of December 2013

This home is located at 571 Summer Ave, Newark, NJ 07104 since 30 December 2013 and is currently estimated at $538,772. 571 Summer Ave is a home located in Essex County with nearby schools including Elliott Street Elementary School, Ridge Street Elementary School, and Rafael Hernandez School.

Last Agent to Sell the Property

SANDRA BOLCAR

COMPASS NEW JERSEY LLC Brokerage Phone: 973-783-7400 Listed on: 12/30/2013

Last Buyer's Agent

SANDRA BOLCAR

COMPASS NEW JERSEY LLC Brokerage Phone: 973-783-7400 Listed on: 12/30/2013

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,049 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

3,049 Sq Ft Lot

Listing Details

  • County Name: Essex
  • I D: 4356083
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X125
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Dec 23, 2013
Sold by
Cabezas Alis B
Bought by
Baez Raymond
Seller's Agent
SANDRA BOLCAR
COMPASS NEW JERSEY LLC
Buyer's Agent
SANDRA BOLCAR
COMPASS NEW JERSEY LLC
Sold Price
$120,000
Current Estimated Value
$538,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,772
Avg. Annual Appreciation
13.04%
Original Mortgage
$72,000
Outstanding Balance
$53,879
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$484,893

Purchase Details

Closed on
Feb 8, 1996
Sold by
Oaks Bristol
Bought by
Cabezas Alis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Baez Raymond -- None Available
Cabezas Alis $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baez Raymond $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $120,000 -- --
Source: Garden State MLS

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 $6,629 $174,300 $27,400 $146,900
2024 $6,498 $174,300 $27,400 $146,900
2022 $6,512 $174,300 $27,400 $146,900
2021 $6,508 $174,300 $27,400 $146,900
2020 $6,623 $174,300 $27,400 $146,900
2019 $6,555 $174,300 $27,400 $146,900
2018 $6,437 $174,300 $27,400 $146,900
2017 $6,205 $174,300 $27,400 $146,900
2016 $5,996 $174,300 $27,400 $146,900
2015 $5,768 $174,300 $27,400 $146,900
2014 $5,405 $174,300 $27,300 $147,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    SANDRA BOLCAR

    COMPASS NEW JERSEY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3056599

Garden State MLS

APN: 14-00719-0000-00040

New Jersey Essex County Newark 07104 North Broadway

571 Summer Ave, Newark, NJ

Not Listed for Sale

MultiFamily

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