NOT LISTED FOR SALE

Estimated Value: $545,307 - $675,000

-- Bed
-- Bath
-- Sq Ft
25 Sq Ft Lot

Last Sold November 20, 2017

Last sale price $305,000

Est. 97% increase in value since last sale

Current estimated payment $3,720/month

42 Days on Market

About This Home

As of November 2017

This home is located at 78 Oraton St, Newark, NJ 07104 since 25 August 2017 and is currently estimated at $602,077. This property was built in 1996. 78 Oraton St is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

Last Agent to Sell the Property

Elvin Ames

SMART REALTY, LLC. Brokerage Phone: 973-241-3003 Listed on: 08/25/2017

Last Buyer's Agent

MARWAN ABBASI

RE/MAX SIGNATURE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,177

Year Built

  • Built in 1996

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,177

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Essex
  • Street Number Display: 78
  • I D: 4741723
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-241-3003
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25.10X110.04
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 20, 2017
Sold by
Phillips Ken C and Phillips Jacqueline J
Bought by
Harris Floyd
Seller's Agent
Elvin Ames
SMART REALTY, LLC.
Buyer's Agent
MARWAN ABBASI
RE/MAX SIGNATURE HOMES
List Price
$297,000
Sold Price
$305,000
Premium/Discount to List
$8,000
2.69%
Current Estimated Value
$602,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,077
Avg. Annual Appreciation
9.00%
Original Mortgage
$299,475
Outstanding Balance
$249,305
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$352,772

Purchase Details

Listed on
May 30, 2014
Closed on
May 20, 2014
Sold by
Fannie Mae
Bought by
Phillips Ken and Phillips Jacqueline
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
Angel Suarez
DIAS & ASSOCIATES REALTY
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Original Mortgage
$189,445
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2012
Sold by
Lobo Mario and Lobo Saida
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2002
Sold by
Perez Jorge
Bought by
Lobo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,322
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 1995
Sold by
Paradise
Bought by
Perez Jorge and Perez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.31%
Mortgage Type
FHA
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
Harris Floyd $305,000 --
Phillips Ken $182,000 --
Phillips Ken $182,000 --
Federal National Mortgage Association -- None Available
Lobo Mario $238,000 --
Perez Jorge $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Floyd $299,475
Previous Owner Phillips Ken $189,445
Previous Owner Lobo Mario $234,322
Previous Owner Perez Jorge $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2017 11/20/17 Sold $305,000 +2.7% --
10/06/2017 10/06/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $297,000 +63.2% --
05/30/2014 05/30/14 Sold $182,000 -- -- View Prior Sale
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 $6,177 $165,700 $23,400 $142,300
2024 $6,177 $165,700 $23,400 $142,300
2022 $6,191 $165,700 $23,400 $142,300
2021 $6,187 $165,700 $23,400 $142,300
2020 $6,297 $165,700 $23,400 $142,300
2019 $6,232 $165,700 $23,400 $142,300
2018 $6,119 $165,700 $23,400 $142,300
2017 $5,899 $165,700 $23,400 $142,300
2016 $5,700 $165,700 $23,400 $142,300
2015 $5,483 $165,700 $23,400 $142,300
2014 $5,138 $165,700 $23,400 $142,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3413730

Garden State MLS

APN: 14-00678-0000-00053-01