NOT LISTED FOR SALE

1 Ann Place Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $642,000 - $734,000

12 Beds
4 Baths
-- Sq Ft
4,251 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $510,000

Est. 33% increase in value since last sale

Current estimated payment $4,722/month

32 Days on Market

About This Home

As of March 2022

Great Investment Opportunity, Great income with lots of potential to increase cash flow

Last Agent to Sell the Property

Runner Borges

United Real Estate Listed on: 01/22/2022

United Real Estate

Last Buyer's Agent

Runner Borges

United Real Estate Listed on: 01/22/2022

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,073

Lot Details

  • 4,251 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00010 / 02914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,073

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: GPS to 1 ANN pl Paterson NJ
  • Architectural Style: 4 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 12

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 4251.0

Tax Info

  • Tax Annual Amount: 11073.0
  • Tax Block: 02914
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 27, 2022
Sold by
Yonah Lefkowitz
Bought by
1-3 Ann Place Llc
Seller's Agent
Runner Borges
United Real Estate
Buyer's Agent
Runner Borges
United Real Estate
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$679,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,080
Avg. Annual Appreciation
8.63%
Original Mortgage
$375,000
Outstanding Balance
$350,098
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$328,982

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 21, 2022
Sold by
Paragon Nj Investments Llc
Bought by
Lefkowitz Yonah
Seller's Agent
Runner Borges
United Real Estate
Buyer's Agent
Runner Borges
United Real Estate
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$350,098
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$328,982

Purchase Details

Closed on
Feb 16, 2017
Sold by
Paragon Asset Management Llc
Bought by
Paragon Nj Investments Llc

Purchase Details

Listed on
Jul 18, 2015
Closed on
May 19, 2016
Sold by
Bartlett Ronald A
Bought by
Paragon Asset Management Llc
Seller's Agent
Rickey DiMaria
JK REALTY
Buyer's Agent
Rickey DiMaria
JK REALTY
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$164,000
Interest Rate
3.66%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 10, 2006
Sold by
Wachovia Bank Na
Bought by
Bartlett Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,504
Interest Rate
6.31%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Perez Alex
Bought by
Gelman Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.84%

Purchase Details

Closed on
Dec 2, 2004
Sold by
Tirri Carlo
Bought by
Perez Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.63%
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 Buyer Sale Price Title Company
1-3 Ann Place Llc -- None Listed On Document
Lefkowitz Yonah $500,000 Stewart Title Guaranty Company
Lefkowitz Yonah $500,000 Stewart Title Guaranty Company
Paragon Nj Investments Llc -- None Available
Paragon Asset Management Llc $170,000 Chicago Title Insurance Comp
Bartlett Ronald A $423,894 --
Gelman Janet $455,000 --
Perez Alex $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefkowitz Yonah $375,000
Closed Lefkowitz Yonah $375,000
Previous Owner Paragon Asset Management Llc $164,000
Previous Owner Bartlett Ronald A $381,504
Previous Owner Gelman Janet $360,000
Previous Owner Perez Alex $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $510,000 +2.2% --
02/23/2022 02/23/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $499,000 +193.5% --
05/19/2016 05/19/16 Sold $170,000 -14.6% --
09/04/2015 09/04/15 Pending -- -- --
07/18/2015 07/18/15 For Sale $199,000 -- --
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
2025 $12,605 $247,400 $24,200 $223,200
2024 $12,130 $247,400 $24,200 $223,200
2022 $11,484 $247,400 $24,200 $223,200
2021 $11,074 $247,400 $24,200 $223,200
2020 $10,329 $247,400 $24,200 $223,200
2019 $10,000 $241,900 $23,900 $218,000
2018 $9,098 $210,300 $23,800 $186,500
2017 $8,686 $208,800 $23,800 $185,000
2016 $9,485 $218,600 $23,000 $195,600
2015 $8,980 $218,600 $23,000 $195,600
2014 $10,698 $368,900 $124,500 $244,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Runner Borges

    United Real Estate

    (201) 989-2331

    7 in this area

    28 Total Sales

    Runner Borges
    Section Image
  • Rickey DiMaria

    Seller's Agent in 2016

    Rickey DiMaria

    JK REALTY

    (973) 714-9606

    30 Total Sales

    Rickey DiMaria
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22002305

New Jersey MLS

APN: 08-02914-0000-00010

New Jersey Passaic County Paterson 07524 Riverside

1 Ann Place, Paterson, NJ

This home is located at 1 Ann Place, Paterson, NJ 07524 since 22 January 2022 and is currently estimated at $679,080. 1 Ann Place is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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