NOT LISTED FOR SALE

1245 Madison Ave Unit 1247 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $624,000 - $785,000

-- Bed
-- Bath
4,159 Sq Ft
$164/Sq Ft Est. Value

About This Home

This home is located at 1245 Madison Ave Unit 1247, Paterson, NJ 07503 and is currently estimated at $683,520, approximately $164 per square foot. 1245 Madison Ave Unit 1247 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2013
Sold by
Ortega Mergedes
Bought by
Ted And Angela Llc
Current Estimated Value
$683,520

Purchase Details

Closed on
Nov 14, 2007
Sold by
Vidal Jacqueline
Bought by
Ortega Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,100
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Vidal Santiago
Bought by
Vidal Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,750
Interest Rate
5.63%

Purchase Details

Closed on
Aug 30, 1999
Sold by
Vidal Jose and Nunez Maria C
Bought by
Vidal Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,383
Interest Rate
7.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ted And Angela Llc $210,000 Stewart Title Guaranty Co
Ortega Mercedes $518,000 --
Vidal Jacqueline $455,000 --
Vidal Santiago $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Mercedes $492,100
Previous Owner Vidal Jacqueline $386,750
Previous Owner Vidal Santiago $192,383
Source: Public Records

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 $16,829 $330,300 $33,600 $296,700
2024 $16,195 $330,300 $33,600 $296,700
2022 $15,333 $330,300 $33,600 $296,700
2021 $14,784 $330,300 $33,600 $296,700
2020 $13,790 $330,300 $33,600 $296,700
2019 $13,340 $322,700 $32,900 $289,800
2018 $12,424 $287,200 $32,600 $254,600
2017 $11,856 $285,000 $32,400 $252,600
2016 $13,065 $301,100 $34,100 $267,000
2015 $12,369 $301,100 $34,100 $267,000
2014 $14,172 $488,700 $185,500 $303,200
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

1245 Madison Ave Unit 1247, Paterson, NJ

Not Listed for Sale

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