NOT LISTED FOR SALE

118 Redwood Ave Paterson, NJ 07522

Totowa Section Neighborhood

Estimated Value: $563,000 - $747,624

-- Bed
-- Bath
1,728 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 07, 2017

Last sale price $60,000 $35 Per Sq Ft

Est. 1,002% increase in value since last sale

Current estimated payment $4,158/month

55 Days on Market

About This Home

As of February 2017

This home is located at 118 Redwood Ave, Paterson, NJ 07522 since 17 November 2016 and is currently estimated at $661,156, approximately $382 per square foot. 118 Redwood Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 973-340-1202 Listed on: 11/17/2016

EXP REALTY, LLC

Last Buyer's Agent

Hugo Meza

EXP REALTY, LLC Brokerage Phone: 973-340-1202 Listed on: 11/17/2016

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,668

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,668

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 118
  • I D: 4672730
  • Modified: 2018-02-08
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Quispe Jesennia Trejo and Coello Elias N
Bought by
Kej Property Llc
Current Estimated Value
$661,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$485,104
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$134,306

Purchase Details

Closed on
Nov 27, 2020
Sold by
Paragon Property Holdings Llc
Bought by
Quispe Jesennia Trejo and Coello Elias N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2018
Sold by
Paragonasset Holdings P1 Llc
Bought by
Paragon Property Holdings Llc

Purchase Details

Listed on
Nov 17, 2016
Closed on
Feb 3, 2017
Sold by
Us Bank N A
Bought by
Pargon Asset Holding Pl Llc
Seller's Agent
Hugo Meza
EXP REALTY, LLC
Buyer's Agent
Hugo Meza
EXP REALTY, LLC
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%
Original Mortgage
$120,375
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2016
Sold by
Neil Vanessa
Bought by
U S Bank Na

Purchase Details

Closed on
Jul 12, 2007
Sold by
Boucher Sharon and Neil Vanessa Boucher
Bought by
Neil Vanessa Boucher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,082
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2006
Sold by
Boucher Sharon
Bought by
Boucher Sharon and Nil Vanessa Boucher

Purchase Details

Closed on
May 18, 2006
Sold by
Bouch Vanessa Neil Nka Vanessa
Bought by
Boucher Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.62%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Neil George W
Bought by
Neil Vanessa and Neil Vanessa Boucher

Purchase Details

Closed on
Aug 28, 2001
Sold by
Coke Wesley
Bought by
Neil George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.7%
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
Kej Property Llc -- Westcor Land Title
Kej Property Llc -- Westcor Land Title
Quispe Jesennia Trejo $475,000 Elite Title Group Llc
Paragon Property Holdings Llc -- Title Agency Of New Jersey
Pargon Asset Holding Pl Llc $60,000 None Available
U S Bank Na -- None Available
Neil Vanessa Boucher -- --
Boucher Sharon -- --
Boucher Sharon $400,000 --
Neil Vanessa -- --
Neil George $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kej Property Llc $487,500
Closed Kej Property Llc $487,500
Previous Owner Quispe Jesennia Trejo $356,250
Previous Owner Paragon Asset Holding P1 Llc $185,000
Previous Owner Pargon Asset Holding Pl Llc $120,375
Previous Owner Neil Vanessa Boucher $307,082
Previous Owner Boucher Sharon $280,000
Previous Owner Neil George $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2017 02/07/17 Sold $60,000 -14.2% $35 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $69,900 -- $40 / 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 $6,668 $136,000 $42,200 $93,800
2022 $6,313 $136,000 $42,200 $93,800
2021 $6,087 $136,000 $42,200 $93,800
2020 $5,678 $136,000 $42,200 $93,800
2019 $5,234 $126,600 $39,000 $87,600
2018 $11,957 $276,400 $38,600 $237,800
2017 $6,153 $147,900 $38,400 $109,500
2016 $6,339 $146,100 $40,400 $105,700
2015 $6,002 $146,100 $40,400 $105,700
2014 $9,744 $336,000 $152,300 $183,700
Source: Public Records

Agents Affiliated with this Home

  • Hugo Meza

    Seller's Agent in 2017

    Hugo Meza

    EXP REALTY, LLC

    (973) 771-5995

    3 in this area

    95 Total Sales

    Hugo Meza
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3350184

Garden State MLS

APN: 08-00909-0000-00040

New Jersey Passaic County Paterson 07502 Totowa Section

118 Redwood Ave, Paterson, NJ

This home is located at 118 Redwood Ave, Paterson, NJ 07522 since 17 November 2016 and is currently estimated at $661,156, approximately $382 per square foot. 118 Redwood Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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