NOT LISTED FOR SALE

7 Valsumo Ln Newark, NJ 07105

North Ironbound Neighborhood

Estimated Value: $542,000 - $634,899

5 Beds
3 Baths
-- Sq Ft
$110/mo HOA Fee

Last Sold December 01, 2017

Last sale price $280,000

Est. 109% increase in value since last sale

Current estimated payment $3,882/month

40 Days on Market

Highlights

  • Formal Dining Room
  • Eat-In Kitchen
  • 2-minute walk to Riverbank Park
  • 2 Car Detached Garage
  • Central Air

About This Home

As of December 2017

Beautiful Townhouse in the heart of the Ironbound Section of Newark. Close to all major transportation, restaurants, shopping etc. Home has been beautifully repaired with all new carpets, new paint This newer townhouse is located in a gated complex.beattifully repaired with new carpets, freshly painted and so much more. full finished lower level with full bath. This is a FNMA backed property. Pursuant to contractual obligations we must adhere to Fannie Mae /FHLMC guidelines which specify that buyers within the initial 20 days of the listing period be restricted to either owner occupants or non-profit organizations.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Listed on: 09/08/2017

Co-Listed By

RIVKA BERKOWITZ

OPTION 1 REALTY GROUP, LLC

Last Buyer's Agent

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Listed on: 09/08/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,463

Lot Details

  • 626 Sq Ft Lot

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Interior Spaces

  • Formal Dining Room
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 1614-02013-0001-00002-0000-
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,463

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 7
  • Directions: Ferry Street to Valsumo Lane
  • I D: 4744901
  • Modified: 2021-09-23
  • Number Images: 12
  • First Name: RALPH
  • First Name2: RIVKA
  • First Name3: RALPH
  • Last Name: BARONE
  • Last Name2: BERKOWITZ
  • Last Name3: BARONE
  • Office Phone: 973-429-0990
  • Office Phone2: 254156
  • Office Phone3: 973-429-0990
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Number Rooms: 7
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 4: Bedroom
  • Other Room4 Level: Basement
  • Phone: 973-429-0990

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 110
  • Association Maintenance Fee Frequency: Monthly

Lot Info

  • Lot Size: 626 SF
  • Assessed Improvement Value: 132900
  • Assessed Land Value: 55000
  • Assessment: 187900
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 6463
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02013-0001-00002-0000-
  • Tax Rate Amount: 3.440
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 27, 2017
Sold by
Us Bank Na Tr
Bought by
Sousa Jacqueline R
Seller's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
Buyer's Agent
RALPH BARONE
NJ REO ASSET MANAGEMENT & REALTY
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%
Current Estimated Value
$584,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,725
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Apr 3, 2007
Sold by
Sumo Companies Inc
Bought by
Davanzo Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
8.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Sousa Jacqueline R $280,000 --
Davanzo Silvia $417,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davanzo Silvia $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $280,000 +12.0% --
10/18/2017 10/18/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $249,900 -- --
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 $8,064 $216,300 $55,000 $161,300
2024 $8,064 $216,300 $55,000 $161,300
2022 $8,081 $216,300 $55,000 $161,300
2021 $8,077 $216,300 $55,000 $161,300
2020 $8,219 $216,300 $55,000 $161,300
2019 $8,135 $216,300 $55,000 $161,300
2018 $7,988 $216,300 $55,000 $161,300
2017 $7,700 $216,300 $55,000 $161,300
2016 $7,441 $216,300 $55,000 $161,300
2015 $7,157 $216,300 $55,000 $161,300
2014 $6,707 $216,300 $55,000 $161,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    RALPH BARONE

    NJ REO ASSET MANAGEMENT & REALTY

  • R

    Seller Co-Listing Agent in 2017

    RIVKA BERKOWITZ

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3416562

Garden State MLS

APN: 14-02013-01-00004

New Jersey Essex County Newark 07105 North Ironbound

7 Valsumo Ln, Newark, NJ

This home is located at 7 Valsumo Ln, Newark, NJ 07105 since 08 September 2017 and is currently estimated at $584,725. 7 Valsumo 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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