NOT LISTED FOR SALE

885 S 17th St Unit 887 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $412,702 - $533,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $350,000

Est. 37% increase in value since last sale

Current estimated payment $2,811/month

4 Days on Market

About This Home

As of December 2022

This home is located at 885 S 17th St Unit 887, Newark, NJ 07108 since 04 December 2022 and is currently estimated at $479,676. This property was built in 1912. 885 S 17th St Unit 887 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Last Agent to Sell the Property

Ingrid Jean-Gilles

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 12/04/2022

EXP REALTY, LLC

Last Buyer's Agent

Rosa Casacci

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • County Name: Essex
  • I D: 5193003
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2022
Closed on
Nov 30, 2022
Sold by
South L7th Street Llc
Bought by
Mcroy Arvel
Seller's Agent
Ingrid Jean-Gilles
EXP REALTY, LLC
Buyer's Agent
Rosa Casacci
RE/MAX SELECT
List Price
$350,000
Sold Price
$350,000
Views
17
Current Estimated Value
$479,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,676
Avg. Annual Appreciation
11.52%
Original Mortgage
$546,443
Outstanding Balance
$528,319
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$48,643

Purchase Details

Closed on
Apr 30, 2021
Sold by
Mersaba Properties Llc
Bought by
South 17Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,135
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2016
Sold by
Teasley Richard and Maio Manuel L
Bought by
885 South 17Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2009
Sold by
Eley Barbara
Bought by
Teasley Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.03%

Purchase Details

Closed on
Oct 29, 2007
Sold by
Eley Barbara
Bought by
Teasley Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 1999
Sold by
Avery Melissa
Bought by
Eley Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mcroy Arvel $367,000 Nu World Title
South 17Th St Llc $125,000 Accura Title Inc
885 South 17Th Street Llc $35,000 Title Consulting Service Llc
Teasley Richard $280,000 --
Teasley Richard $280,000 Fidelity National Title
Teasley Richard $280,000 Crosstate Title Agency Inc
Eley Barbara $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcroy Arvel $546,443
Previous Owner South 17Th St Llc $271,135
Previous Owner 885 South 17Th Street Llc $60,000
Previous Owner 885 South 17Th Street Llc $60,000
Previous Owner Teasley Richard --
Previous Owner Teasley Richard $220,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $350,000 0.0% --
12/08/2022 12/08/22 Pending -- -- --
12/04/2022 12/04/22 For Sale $350,000 +900.0% --
05/27/2016 05/27/16 Sold $35,000 0.0% $19 / Sq Ft View Prior Sale
11/04/2015 11/04/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $35,000 -- $19 / Sq Ft
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 $3,392 $189,300 $14,400 $174,900
2024 $3,392 $189,300 $14,400 $174,900
2023 $3,400 $91,000 $14,400 $76,600
2022 $3,400 $91,000 $14,400 $76,600
2021 $3,398 $91,000 $14,400 $76,600
2020 $3,458 $91,000 $14,400 $76,600
2019 $3,423 $91,000 $14,400 $76,600
2018 $3,361 $91,000 $14,400 $76,600
2017 $3,240 $91,000 $14,400 $76,600
2016 $3,130 $91,000 $14,400 $76,600
2015 $3,011 $91,000 $14,400 $76,600
2014 $2,822 $91,000 $14,400 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Ingrid Jean-Gilles

    Seller's Agent in 2022

    Ingrid Jean-Gilles

    EXP REALTY, LLC

    (201) 993-2290

    4 in this area

    62 Total Sales

    Ingrid Jean-Gilles
    Section Image
  • Rosa Casacci

    Buyer's Agent in 2022

    Rosa Casacci

    RE/MAX

    (716) 913-2521

    1 in this area

    62 Total Sales

    Rosa Casacci
    Section Image

  • P

    Seller's Agent in 2016

    PAMELA FERGUSON

    BROOKMAN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3820149

Garden State MLS

APN: 14-03013-0000-00025

New Jersey Essex County Newark 07108 Clinton Hill

885 S 17th St Unit 887, Newark, NJ

Not Listed for Sale

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