NOT LISTED FOR SALE

118 Sheridan Ave Unit 3 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $654,000

-- Bed
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $420,000

Est. 56% increase in value since last sale

Current estimated payment $4,323/month

175 Days on Market

About This Home

As of December 2020

This home is located at 118 Sheridan Ave Unit 3, Paterson, NJ 07502 since 08 July 2020 and is currently estimated at $654,000. 118 Sheridan Ave Unit 3 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

Yanet Iturralde-Santana

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 07/08/2020

REALTY ONE GROUP LEGEND

Co-Listed By

JENNIFER PINA

EXP REALTY, LLC Brokerage Phone: 973-772-0660

Last Buyer's Agent

Othoniel Gomez

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4996132
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 26X100 IRRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Dec 7, 2020
Sold by
118 Sheridan Ave
Bought by
Burgess Nigel T
Seller's Agent
Yanet Iturralde-Santana
REALTY ONE GROUP LEGEND
Buyer's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
List Price
$395,000
Sold Price
$420,000
Premium/Discount to List
$25,000
6.33%
Current Estimated Value
$654,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,000
Avg. Annual Appreciation
9.30%
Original Mortgage
$422,211
Outstanding Balance
$375,095
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$278,905

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

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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 Catic 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
Previous Owner Hook Dave $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $420,000 0.0% --
12/30/2020 12/30/20 Pending -- -- --
09/12/2020 09/12/20 Off Market $420,000 -- --
08/27/2020 08/27/20 For Sale $395,000 0.0% --
08/12/2020 08/12/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $395,000 -- --
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
2025 $10,628 $208,600 $44,400 $164,200
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

  • Yanet Iturralde-Santana

    Seller's Agent in 2020

    Yanet Iturralde-Santana

    REALTY ONE GROUP LEGEND

    (973) 517-6483

    8 in this area

    26 Total Sales

    Yanet Iturralde-Santana
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    JENNIFER PINA

    EXP REALTY, LLC

  • Othoniel Gomez

    Buyer's Agent in 2020

    Othoniel Gomez

    REALTY ONE GROUP LEGEND

    (973) 772-0660

    5 in this area

    68 Total Sales

    Othoniel Gomez
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3646767

Garden State MLS

APN: 08-00907-0000-00037

New Jersey Passaic County Paterson 07502 Totowa Section

118 Sheridan Ave Unit 3, Paterson, NJ

Not Listed for Sale

MultiFamily

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