NOT LISTED FOR SALE

97 Sumo Village Ct Unit 2 Newark, NJ 07114

Estimated Value: $775,306 - $1,022,000

-- Bed
5 Baths
4,200 Sq Ft
$225/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $445,000 $106 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,261/month

29 Days on Market

About This Home

As of November 2016

This home is located at 97 Sumo Village Ct Unit 2, Newark, NJ 07114 since 29 August 2016 and is currently estimated at $944,327, approximately $224 per square foot. This property was built in 2004. 97 Sumo Village Ct Unit 2 is a home located in Essex County with nearby schools including Oliver Street School, Lafayette Street Elementary School, and Cleveland Elementary School.

Last Listed By

JULIO C. FREIRE

EXIT REALTY LUCKY ASSOCIATES Brokerage Phone: 973-817-7700 Listed on: 08/29/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,695

Year Built

  • 2004

Lot Details

  • 2,866 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,695

Year Built

2004

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 97
  • I D: 4653273
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-817-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Lot Info

  • Lot Size: 2866 SF
  • Total Acres: 0.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Nov 14, 2016
Sold by
Oliveira Nibael
Bought by
Nascimento Andre
Seller's Agent
JULIO C. FREIRE
EXIT REALTY LUCKY ASSOCIATES
Buyer's Agent
VANUSA DELIMA
RE/MAX IN ACTION
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Total Days on Market
29
Current Estimated Value
$944,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,327
Avg. Annual Appreciation
9.22%
Original Mortgage
$430,148
Interest Rate
4.03%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Carvalho Marcos O and Lopez Afonso
Bought by
Oliveira Nibael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,355
Interest Rate
4.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Gasques Elma
Bought by
Marim Jacelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2001
Sold by
Sumo Urban Renewal Corp
Bought by
Gasques Elma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
7.13%

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
Nascimento Andre $445,000 Westcor Land Title Insurance
Oliveira Nibael $340,000 None Available
Marim Jacelio $565,000 --
Gasques Elma $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nascimento Andre $394,020
Closed Nascimento Andre $430,148
Previous Owner Oliveira Nibael $311,355
Previous Owner Marim Jacelio $553,400
Previous Owner Marim Jacelio $452,000
Previous Owner Gasques Elma $259,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $445,000 -0.9% $106 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $449,000 -- $107 / 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
2024 $11,695 $313,700 $65,600 $248,100
2022 $11,720 $313,700 $65,600 $248,100
2021 $11,714 $313,700 $65,600 $248,100
2020 $11,921 $313,700 $65,600 $248,100
2019 $11,798 $313,700 $65,600 $248,100
2018 $11,585 $313,700 $65,600 $248,100
2017 $11,168 $313,700 $65,600 $248,100
2016 $10,791 $313,700 $65,600 $248,100
2015 $10,380 $313,700 $65,600 $248,100
2014 $9,728 $313,700 $65,600 $248,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    JULIO C. FREIRE

    EXIT REALTY LUCKY ASSOCIATES

  • V

    Buyer's Agent in 2016

    VANUSA DELIMA

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3332232

Garden State MLS

APN: 14-01183-01-00011-49

New Jersey Essex County Newark 07114

97 Sumo Village Ct Unit 2, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 97 Sumo Village Ct Unit 2, Newark, NJ 07114 since 29 August 2016 and is currently estimated at $944,327, approximately $224 per square foot. This property was built in 2004. 97 Sumo Village Ct Unit 2 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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