NOT LISTED FOR SALE

88 Peabody Place Unit 2 Newark, NJ 07104

North Broadway Neighborhood

Estimated Value: $622,000 - $685,000

-- Bed
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 20, 2017

Last sale price $365,000

Est. 78% increase in value since last sale

Current estimated payment $4,168/month

90 Days on Market

About This Home

As of December 2017

This home is located at 88 Peabody Place Unit 2, Newark, NJ 07104 since 14 September 2017 and is currently estimated at $649,730. This property was built in 2005. 88 Peabody Place Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

Last Agent to Sell the Property

ESTHER LEE

UNITED REAL ESTATE Brokerage Phone: 973-623-1001 Listed on: 09/14/2017

Last Buyer's Agent

CLAUDIA MOLINA

PRO REALTY LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,515

Year Built

  • Built in 2005

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,515

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Year Built: 2005
  • County Name: Essex
  • Street Number Display: 88
  • I D: 4746433
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-623-1001
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 4, 2017
Sold by
88 Peabody Llc
Bought by
Cruz Luis R
Seller's Agent
ESTHER LEE
UNITED REAL ESTATE
Buyer's Agent
CLAUDIA MOLINA
PRO REALTY LLC.
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Current Estimated Value
$649,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,730
Avg. Annual Appreciation
7.66%
Original Mortgage
$358,388
Outstanding Balance
$299,793
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$349,937

Purchase Details

Closed on
Jul 20, 2005
Sold by
Sol Mar Development Llc
Bought by
Valera Katia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 1999
Sold by
Douglas Evelyn
Bought by
Wright Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,430
Interest Rate
8.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Cruz Luis R $365,000 --
Valera Katia $420,000 --
Wright Thomas $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Luis R $358,388
Previous Owner Valera Katia $336,000
Previous Owner Wright Thomas $110,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $365,000 -2.6% --
12/13/2017 12/13/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $374,900 -- --
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 $8,515 $228,400 $22,500 $205,900
2024 $8,515 $228,400 $22,500 $205,900
2022 $8,533 $228,400 $22,500 $205,900
2021 $8,528 $228,400 $22,500 $205,900
2020 $8,679 $228,400 $22,500 $205,900
2019 $8,590 $228,400 $22,500 $205,900
2018 $8,435 $228,400 $22,500 $205,900
2017 $8,131 $228,400 $22,500 $205,900
2016 $7,857 $228,400 $22,500 $205,900
2015 $7,558 $228,400 $22,500 $205,900
2014 $7,083 $228,400 $22,500 $205,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    ESTHER LEE

    UNITED REAL ESTATE

  • C

    Buyer's Agent in 2017

    CLAUDIA MOLINA

    PRO REALTY LLC.

See All Agents

Map

Source: Garden State MLS

MLS Number: 3417990

Garden State MLS

APN: 14-00677-0000-00023

New Jersey Essex County Newark 07104 North Broadway

88 Peabody Place Unit 2, Newark, NJ

This home is located at 88 Peabody Place Unit 2, Newark, NJ 07104 since 14 September 2017 and is currently estimated at $649,730. This property was built in 2005. 88 Peabody Place Unit 2 is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Ridge Street Elementary School.

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