NOT LISTED FOR SALE

118 Sheridan Ave Unit 1 Paterson, NJ 07502

Prospect Park Neighborhood

Estimated Value: $640,000

2 Beds
1 Bath
2,258 Sq Ft
$283/Sq Ft Est. Value

About This Home

Welcome to this fully renovated 2 bed apartment, 1 bath. Landlord pays for water. Street parking. Se Habla Espanol.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
118 Sheridan Ave Llc
Bought by
Burgess Nigel T
Current Estimated Value
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Outstanding Balance
$380,260
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$259,740

Purchase Details

Closed on
Feb 22, 2018
Sold by
Hsbc Bank Usa
Bought by
118 Sheridan Ave Llc

Purchase Details

Closed on
Oct 17, 2016
Sold by
Hook David L and Hook Ruth
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 22, 2007
Sold by
Hook Marilyn and Hook David L
Bought by
Hook David L

Purchase Details

Closed on
May 31, 2005
Sold by
Hook David L
Bought by
Hook David L and Hook Marilyn

Purchase Details

Closed on
Feb 15, 2005
Sold by
Hook David L
Bought by
Hook David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 1998
Sold by
Hook David L
Bought by
Hook David L

Purchase Details

Closed on
Aug 27, 1996
Sold by
Deluccia Vincent
Bought by
Hook Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
8.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Burgess Nigel T $430,000 Sunnyside Title
118 Sheridan Ave Llc $168,000 Premium Title Services Inc
Hsbc Bank Usa National Association -- Chicago Title Insurance Co
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook David L -- --
Hook Dave $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Nigel T $422,211
Closed Burgess Nigel T $422,211
Previous Owner 118 Sheridan Ave Llc $301,000
Previous Owner Hook David L $315,000
Previous Owner Hook David L $165,163
Previous Owner Hook Dave $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Rented $1,700 0.0% --
08/30/2023 08/30/23 For Rent $1,700 -- --

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 $10,228 $208,600 $44,400 $164,200
2022 $9,683 $208,600 $44,400 $164,200
2021 $9,337 $208,600 $44,400 $164,200
2020 $8,709 $208,600 $44,400 $164,200
2019 $8,313 $201,100 $41,100 $160,000
2018 $8,492 $196,300 $40,700 $155,600
2017 $8,266 $198,700 $40,400 $158,300
2016 $8,444 $194,600 $42,500 $152,100
2015 $7,994 $194,600 $42,500 $152,100
2014 $8,120 $280,000 $109,300 $170,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Emilio Luque

    Keller Williams Village Square Realty

    (973) 897-6107

    1 in this area

    5 Total Sales

    Emilio Luque
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Map

New Jersey Passaic County Paterson 07502 Prospect Park

118 Sheridan Ave Unit 1, Paterson, NJ

This home is located at 118 Sheridan Ave Unit 1, Paterson, NJ 07502 and is currently estimated at $640,000, approximately $283 per square foot. 118 Sheridan Ave Unit 1 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.

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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