NOT LISTED FOR SALE

83 Sumo Village Ct Newark, NJ 07114

South Ironbound Neighborhood

Estimated Value: $754,000 - $1,039,000

-- Bed
-- Bath
-- Sq Ft
2,877 Sq Ft Lot

Last Sold November 13, 2018

Last sale price $499,000

Est. 80% increase in value since last sale

Current estimated payment $5,774/month

8 Days on Market

About This Home

As of November 2018

This home is located at 83 Sumo Village Ct, Newark, NJ 07114 since 02 September 2018 and is currently estimated at $899,769. This property was built in 2002. 83 Sumo Village Ct is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

Last Agent to Sell the Property

LEONEL BEXIGA

TOP CHOICE REALTY NETWORK Brokerage Phone: 908-353-8277 Listed on: 09/02/2018

Last Buyer's Agent

MIGUEL MANATA

TOP CHOICE REALTY NETWORK

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,045

Year Built

  • Built in 2002

Lot Details

  • 2,877 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,045

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • County Name: Essex
  • Street Number Display: 83
  • I D: 4833119
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-353-8277
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 2877 SF
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2018
Closed on
Nov 27, 2018
Sold by
Fonseca Jose
Bought by
Manata Isabel
Seller's Agent
LEONEL BEXIGA
TOP CHOICE REALTY NETWORK
Buyer's Agent
MIGUEL MANATA
TOP CHOICE REALTY NETWORK
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$899,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,769
Avg. Annual Appreciation
8.89%
Original Mortgage
$399,200
Outstanding Balance
$348,599
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$551,170

Purchase Details

Closed on
Aug 15, 2008
Sold by
Cordeiro Marcelo
Bought by
Fonseca Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2006
Sold by
Setti Alcides
Bought by
Cordeiro Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Silva Diorgiton
Bought by
Setti Alcides

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.62%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Sumo Urban Renewal Corp
Bought by
Silva Diorgiton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,850
Interest Rate
7.15%
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
Manata Isabel $499,000 Old Republic Title
Fonseca Jose $375,000 None Available
Cordeiro Marcelo $615,000 --
Setti Alcides $490,000 --
Silva Diorgiton $303,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manata Isabel $399,200
Previous Owner Fonseca Jose $300,000
Previous Owner Cordeiro Marcelo $492,000
Previous Owner Setti Alcides $465,000
Previous Owner Silva Diorgiton $287,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2018 11/13/18 Sold $499,000 0.0% --
09/10/2018 09/10/18 Pending -- -- --
09/02/2018 09/02/18 For Sale $499,000 -- --
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 $12,045 $323,100 $69,000 $254,100
2024 $12,045 $323,100 $69,000 $254,100
2022 $12,071 $323,100 $69,000 $254,100
2021 $12,065 $323,100 $69,000 $254,100
2020 $12,278 $323,100 $69,000 $254,100
2019 $12,152 $323,100 $69,000 $254,100
2018 $11,932 $323,100 $69,000 $254,100
2017 $11,502 $323,100 $69,000 $254,100
2016 $11,115 $323,100 $69,000 $254,100
2015 $10,691 $323,100 $69,000 $254,100
2014 $10,019 $323,100 $69,000 $254,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    LEONEL BEXIGA

    TOP CHOICE REALTY NETWORK

  • M

    Buyer's Agent in 2018

    MIGUEL MANATA

    TOP CHOICE REALTY NETWORK

See All Agents

Map

Source: Garden State MLS

MLS Number: 3498890

Garden State MLS

APN: 14-01183-01-00011-44

New Jersey Essex County Newark 07114 South Ironbound

83 Sumo Village Ct, Newark, NJ

This home is located at 83 Sumo Village Ct, Newark, NJ 07114 since 02 September 2018 and is currently estimated at $899,769. This property was built in 2002. 83 Sumo Village Ct is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

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