NOT LISTED FOR SALE

588 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $432,000 - $779,000

-- Bed
-- Bath
-- Sq Ft
26 Sq Ft Lot

Last Sold January 26, 2017

Last sale price $245,000

Est. 148% increase in value since last sale

Current estimated payment $3,793/month

303 Days on Market

About This Home

As of January 2017

This home is located at 588 S 12th St, Newark, NJ 07103 since 19 October 2015 and is currently estimated at $608,008. This property was built in 1900. 588 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Last Agent to Sell the Property

Otis Johnson

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 10/19/2015

Last Buyer's Agent

MARLENE BERGHAMMER

ASANTE REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1900

Lot Details

  • 26 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,822

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Essex
  • Street Number Display: 588
  • I D: 4576335
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26.6X111
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 12, 2016
Sold by
Antunes Jose A and Antunes Judite C
Bought by
Bowers Kellius and Bowers Renee T
Seller's Agent
Otis Johnson
ROSA AGENCY
Buyer's Agent
MARLENE BERGHAMMER
ASANTE REALTY GROUP LLC
List Price
$285,000
Sold Price
$245,000
Premium/Discount to List
-$40,000
-14.04%
Current Estimated Value
$608,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,008
Avg. Annual Appreciation
11.03%
Original Mortgage
$240,562
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2001

Purchase Details

Closed on
Aug 15, 1994
Sold by
Lucas Fate
Bought by
Perez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
8.8%

Purchase Details

Closed on
Mar 31, 1994
Sold by
Nu Way Realty
Bought by
Perez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.4%

Purchase Details

Closed on
Nov 7, 1989
Sold by
Ramcharan Deonaraine
Bought by
Nu Way Realty Inc
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
Bowers Kellius $245,000 None Available
-- $72,000 --
Perez Guadalupe $20,000 --
Perez Guadalupe $35,000 --
Nu Way Realty Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowers Kellius $240,562
Previous Owner Perez Guadalupe $5,000
Previous Owner Perez Guadalupe $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $245,000 -14.0% --
08/17/2016 08/17/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $285,000 -- --
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 $6,822 $183,000 $31,000 $152,000
2024 $6,822 $183,000 $31,000 $152,000
2022 $6,837 $183,000 $31,000 $152,000
2021 $6,833 $183,000 $31,000 $152,000
2020 $6,954 $183,000 $31,000 $152,000
2019 $6,883 $183,000 $31,000 $152,000
2018 $6,758 $183,000 $31,000 $152,000
2017 $6,515 $183,000 $31,000 $152,000
2016 $6,295 $183,000 $31,000 $152,000
2015 $6,055 $183,000 $31,000 $152,000
2014 $5,675 $183,000 $31,000 $152,000
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2017

    Otis Johnson

    ROSA AGENCY

    (973) 632-0215

    1 in this area

    17 Total Sales

    Otis Johnson
    Section Image

  • M

    Buyer's Agent in 2017

    MARLENE BERGHAMMER

    ASANTE REALTY GROUP LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3261318

Garden State MLS

APN: 14-00312-0000-00043

New Jersey Essex County Newark 07103 West Side

588 S 12th St, Newark, NJ

This home is located at 588 S 12th St, Newark, NJ 07103 since 19 October 2015 and is currently estimated at $608,008. This property was built in 1900. 588 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

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