NOT LISTED FOR SALE

103 Madison St Unit 105 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $461,000 - $638,000

5 Beds
2 Baths
3,532 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $375,000 $106 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,691/month

29 Days on Market

About This Home

As of July 2022

2 Family house fully renovated with hardwood floors. Fl 1 2 bedrooms FL 2, 3 bedroom. Off street parking.

Last Agent to Sell the Property

Vanalys Ruiz-Garcia

United Real Estate Listed on: 11/02/2021

United Real Estate

Last Buyer's Agent

Lisa Taormina

Werner Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Lot Details

  • 2,500

Parking

  • 4 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00029 / 06110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Lot Details

0

Parking

4

Listing Details

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

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 7473.0
  • Tax Block: 06110
  • Tax Lot: 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Jul 13, 2022
Sold by
First International Investors Holding Ll
Bought by
Flores Franklin R
Seller's Agent
Vanalys Ruiz-Garcia
United Real Estate
Buyer's Agent
Lisa Taormina
Werner Realty
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Total Days on Market
29
Current Estimated Value
$527,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,217
Avg. Annual Appreciation
12.56%
Original Mortgage
$368,207
Outstanding Balance
$353,197
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$174,020

Purchase Details

Closed on
May 22, 2019
Sold by
U S Bank National Association
Bought by
First International Investors Hldg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,230
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 9, 2018
Sold by
Gonell Miguel A and Gonnell Miguel
Bought by
U S Bank National Association

Purchase Details

Closed on
May 16, 2003
Sold by
Pagan Carlos
Bought by
Gonell Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,580
Interest Rate
5.86%
Source: Public Records

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Range of Values:

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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
Flores Franklin R $375,000 New Title Company Name
First International Investors Hldg Llc $117,500 Premium Title Services Inc
U S Bank National Association -- Terra Abstract Inc
Gonell Miguel $173,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Franklin R $368,207
Previous Owner First International Investors Hldg Llc $194,230
Previous Owner Gonell Miguel $304,200
Previous Owner Gonell Miguel A $250,000
Previous Owner Gonell Miguel $163,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $375,000 +7.1% $106 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $350,000 -- $99 / 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 $8,776 $179,000 $19,700 $159,300
2023 $8,309 $179,000 $19,700 $159,300
2022 $8,309 $179,000 $19,700 $159,300
2021 $8,012 $179,000 $19,700 $159,300
2020 $7,473 $179,000 $19,700 $159,300
2019 $7,235 $175,000 $19,400 $155,600
2018 $6,753 $156,100 $19,300 $136,800
2017 $6,444 $154,900 $19,200 $135,700
2016 $7,103 $163,700 $20,300 $143,400
2015 $6,725 $163,700 $20,300 $143,400
2014 $8,166 $281,600 $132,000 $149,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21047490

New Jersey MLS

APN: 08-06110-0000-00029