NOT LISTED FOR SALE

162 Sherman Ave Unit 164 Paterson, NJ 07502

Prospect Park Neighborhood

Estimated Value: $446,730 - $582,000

-- Bed
-- Bath
1,827 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 162 Sherman Ave Unit 164, Paterson, NJ 07502 and is currently estimated at $517,183, approximately $283 per square foot. 162 Sherman Ave Unit 164 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2011
Sold by
Mostacero Luis Aletandro and Mostacero Elio
Bought by
Wise Arleshia
Current Estimated Value
$517,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,767
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2009
Sold by
Mostacero Cynthia
Bought by
Mostacero Teresa and Mostacero Anselmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,913
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2005
Sold by
Valladares Ever
Bought by
Mostacero Teresa and Mostacero Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.14%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hornes Jose
Bought by
Valladares Ever and Guardado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2003
Sold by
Morel Julio
Bought by
Hornes Jose and Valladares Ever

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,480
Interest Rate
6.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Wise Arleshia $168,000 --
Mostacero Teresa -- --
Mostacero Teresa $395,000 --
Valladares Ever -- --
Hornes Jose $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Arleshia $185,000
Closed Wise Arleshia $165,000
Closed Wise Arleshia $48,657
Closed Wise Arleshia $165,767
Previous Owner Mostacero Teresa $403,913
Previous Owner Mostacero Teresa $316,000
Previous Owner Valladares Ever $270,000
Previous Owner Hornes Jose $235,480
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
2024 $8,600 $175,400 $45,000 $130,400
2022 $8,142 $175,400 $45,000 $130,400
2021 $7,851 $175,400 $45,000 $130,400
2020 $7,323 $175,400 $45,000 $130,400
2019 $7,015 $169,700 $42,400 $127,300
2018 $7,237 $167,300 $42,000 $125,300
2017 $6,868 $165,100 $41,800 $123,300
2016 $7,563 $174,300 $44,000 $130,300
2015 $7,160 $174,300 $44,000 $130,300
2014 $8,816 $304,000 $158,800 $145,200
Source: Public Records

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