NOT LISTED FOR SALE

Estimated Value: $438,245 - $575,000

6 Beds
3 Baths
1,740 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $225,000 $129 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,749/month

105 Days on Market

Highlights

  • Views to the East
  • Property is near public transit
  • Rectangular Lot

About This Home

As of November 2017

Unique opportunity. Two houses on the same lot. Two unit house in the front and a one unit 3 room house in the back. Both have been completely remodeled. Pick your own tenants. Large lot New windows, roofs, kitchens bathrooms, hot air heating systems, siding, etc.
Waiting on the final CO from the City of Paterson

Last Listed By

Fred Spoelstra

Nicholas Real Estate Agency Listed on: 05/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,339

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 1940s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Views to the East
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 160800407 00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,339

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/School, Close/Trans
  • Views/Exposure: East
  • Year Built: 1940's
  • Miscellaneous: Strms/Scrns
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full, Partial
  • Laundry: Hook Ups

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Heat
  • Cooling: None

Lot Info

  • County Name: PASSAIC
  • Lot: 00004
  • Lot Dimensions: 50x100
  • Estimated Lot Sq Ft: 5001
  • Lot Description: Regular

Tax Info

  • Tax: 6339
  • Assessor Parcel Number: 160800407 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Nov 29, 2017
Sold by
Khan Sohail
Bought by
Vasquez Elin
Seller's Agent
Fred Spoelstra
Nicholas Real Estate Agency
Buyer's Agent
Sam Toloui
Oakside Realty, LLC
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Total Days on Market
105
Current Estimated Value
$507,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,561
Avg. Annual Appreciation
11.49%
Original Mortgage
$220,924
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2016
Sold by
Capital One Na
Bought by
Khan Sohail

Purchase Details

Closed on
Jan 20, 2015
Sold by
Lawson Willis and Lawson James
Bought by
Capital One Na

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
Vasquez Elin $225,000 First American Title Ins Co
Khan Sohail $31,649 None Available
Capital One Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Elin $322,500
Closed Vasquez Elin $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $225,000 -1.7% $129 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $229,000 -- $132 / 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 $10,894 $222,200 $39,400 $182,800
2022 $10,315 $222,200 $39,400 $182,800
2021 $9,946 $222,200 $39,400 $182,800
2020 $9,277 $222,200 $39,400 $182,800
2019 $8,991 $217,500 $38,900 $178,600
2018 $5,979 $138,200 $38,700 $99,500
2017 $5,708 $137,200 $38,500 $98,700
2016 $6,339 $146,100 $40,500 $105,600
2015 $6,002 $146,100 $40,500 $105,600
2014 $8,651 $298,300 $168,800 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1719605

New Jersey MLS

APN: 08-00407-0000-00004