$125,000
SOLD APR 30, 2021

885 S 17th St Unit 887 Newark, NJ 07108

Clinton Hill Neighborhood
6 Beds
3 Baths
-- Sq Ft
5,001 Sq Ft Lot

Recently Sold

37% Below List Price

14 Days on Market

About This Home

As of December 2022

Investor Special!! Needs full renovation!!

Last Agent to Sell the Property

Ingrid Jean-Gilles

EXP Realty, LLC Listed on: 02/18/2021

EXP Realty, LLC

Last Buyer's Agent

Ingrid Jean-Gilles

EXP Realty, LLC Listed on: 02/18/2021

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,423

Year Built

  • 1912

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 071403013 00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,423

Year Built

1912

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 13
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: None
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Other

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas, O/See Remk
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: None

Lot Info

  • County Name: ESSEX
  • Locale: 400
  • Lot: 00025
  • Estimated Lot Sq Ft: 5001
  • Lot Description: Regular

Tax Info

  • Tax: 3423
  • Assessor Parcel Number: 071403013 00025

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
Total Days on Market
14
Views
17
Current Estimated Value
$483,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,373
Avg. Annual Appreciation
14.27%
Original Mortgage
$546,443
Outstanding Balance
$531,767
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$48,394

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 30, 2021
Sold by
Mersaba Properties Llc
Bought by
South 17Th St Llc
Seller's Agent
Ingrid Jean-Gilles
EXP Realty, LLC
Buyer's Agent
Ingrid Jean-Gilles
EXP Realty, LLC
List Price
$199,000
Sold Price
$125,000
Premium/Discount to List
-$74,000
-37.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.25%
Original Mortgage
$271,135
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 29, 2015
Closed on
May 27, 2016
Sold by
885 South 17Th Street Llc
Bought by
Mersaba Properties Llc
Seller's Agent
PAMELA FERGUSON
BROOKMAN REALTY
Buyer's Agent
PAMELA FERGUSON
BROOKMAN REALTY
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.46%
Original Mortgage
$80,000
Interest Rate
3.48%

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:

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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 Type Sale Price Title Company
Deed $367,000 Nu World Title
Deed $125,000 Accura Title Inc
Quit Claim Deed -- Chicago Title Insurance Co
Bargain Sale Deed $35,000 Title Consulting Service Llc
Deed $280,000 --
Bargain Sale Deed $280,000 Crosstate Title Agency Inc
Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,443 New Conventional
Previous Owner $271,135 Construction
Previous Owner $30,000 Unknown
Previous Owner $80,000 No Value Available
Previous Owner $60,000 Unknown
Previous Owner $60,000 Unknown
Previous Owner -- No Value Available
Previous Owner $220,800 Unknown
Previous Owner $130,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 +180.0% --
04/30/2021 04/30/21 Sold $125,000 -37.2% --
03/04/2021 03/04/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $199,000 +468.6% --
05/27/2016 05/27/16 Sold $35,000 0.0% $19 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $35,000 -- $19 / Sq Ft
Source: New Jersey 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
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

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Map

Source: New Jersey MLS

MLS Number: 21005718

New Jersey MLS

APN: 14-03013-0000-00025