NOT LISTED FOR SALE

745 S 12th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $709,015 - $795,000

-- Bed
-- Bath
-- Sq Ft
3,751 Sq Ft Lot

Last Sold June 24, 2019

Last sale price $143,850

Est. 424% increase in value since last sale

Current estimated payment $5,115/month

182 Days on Market

About This Home

As of June 2019

This home is located at 745 S 12th St, Newark, NJ 07103 since 20 November 2018 and is currently estimated at $754,254. This property was built in 2005. 745 S 12th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Buyer's Agent

Maria Schmidt

NEXTHOME CHOICE GROUP

NEXTHOME CHOICE GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,589

Year Built

  • Built in 2005

Lot Details

  • 3,751 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,589

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • I D: 4853608
  • Attribution Contact: 678-201-0475
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 3751 SF
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Ogunkola Akinlolu O and Asemota Roland A
Bought by
Ogunkola Akinlolu O
Current Estimated Value
$754,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,120
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2020
Sold by
745 Sur 12Th Llc
Bought by
Ogunkola Akinlolu O and Asemota Roland A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,475
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2020
Sold by
745 Sur 12Th Llc
Bought by
Ogunkola Akinlolu O and Asemota Roland A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,475
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2007
Sold by
Adebayo Henry and Abayomi Brenda B
Bought by
Burugu Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
9.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Crest Community Development Co
Bought by
Adebayo Henry and Abayomi Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.87%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Crest Community Development Co
Bought by
Diallo Alima and Konta Marmadou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.87%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Crest Community Development Co
Bought by
Crest Community Development Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ogunkola Akinlolu O -- None Listed On Document
Ogunkola Akinlolu O $409,900 None Listed On Document
Ogunkola Akinlolu O $409,900 None Available
Burugu Rachel $450,000 First American Title Ins Co
Adebayo Henry $245,000 --
Diallo Alima $260,000 --
Crest Community Development Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ogunkola Akinlolu O $472,120
Previous Owner Ogunkola Akinlolu O $402,475
Previous Owner Ogunkola Akinlolu O $402,475
Previous Owner Burugu Rachel $405,000
Previous Owner Adebayo Henry $220,500
Previous Owner Diallo Alima $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $143,850 +60.7% --
05/21/2019 05/21/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $89,500 -- --
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 $13,589 $364,500 $31,200 $333,300
2024 $13,589 $364,500 $31,200 $333,300
2022 $13,618 $364,500 $31,200 $333,300
2021 $13,610 $364,500 $31,200 $333,300
2020 $2,846 $74,900 $31,200 $43,700
2019 $2,817 $74,900 $31,200 $43,700
2018 $8,819 $238,800 $31,200 $207,600
2017 $8,501 $238,800 $31,200 $207,600
2016 $8,215 $238,800 $31,200 $207,600
2015 $7,902 $238,800 $31,200 $207,600
2014 $7,405 $238,800 $31,200 $207,600
Source: Public Records

Agents Affiliated with this Home

  • Maria Schmidt

    Buyer's Agent in 2019

    Maria Schmidt

    NEXTHOME CHOICE GROUP

    (908) 662-5050

    1 in this area

    36 Total Sales

    Maria Schmidt
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Map

Source: Garden State MLS

MLS Number: 3516704

Garden State MLS

APN: 14-02632-0000-00019-02

New Jersey Essex County Newark 07103 West Side

745 S 12th St, Newark, NJ

Not Listed for Sale

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