NOT LISTED FOR SALE

164 Hope Ave Unit 2 Passaic, NJ 07055

Estimated Value: $540,000 - $710,000

Studio
6 Baths
3,200 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $165,000 $52 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $3,953/month

135 Days on Market

About This Home

As of April 2017

This home is located at 164 Hope Ave Unit 2, Passaic, NJ 07055 since 28 March 2016 and is currently estimated at $609,708, approximately $190 per square foot. 164 Hope Ave Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12, St Nicholas Ukrainian Catholic School, and Passaic Catholic Regional School.

Last Agent to Sell the Property

Fausto Codio

A 2ND CHANCE GROUP REALTY Brokerage Phone: 973-270-0303 Listed on: 03/28/2016

Last Buyer's Agent

Fausto Codio

A 2ND CHANCE GROUP REALTY Brokerage Phone: 973-270-0303 Listed on: 03/28/2016

Property Details

Home Type

Multi-Family

Lot Details

3,223 Sq Ft Lot

Listing Details

  • County Name: Passaic
  • I D: 4628838
  • Attribution Contact: 973-270-0303
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2018
Sold by
Ledesma Eduardo J
Bought by
Ortiz Jose
Current Estimated Value
$609,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,567
Outstanding Balance
$225,129
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$384,579

Purchase Details

Listed on
Mar 28, 2016
Closed on
Apr 28, 2017
Sold by
Santana Eliel
Bought by
Ledesma Eduardo J
Seller's Agent
Fausto Codio
A 2ND CHANCE GROUP REALTY
Buyer's Agent
Fausto Codio
A 2ND CHANCE GROUP REALTY
List Price
$155,000
Sold Price
$165,000
Premium/Discount to List
$10,000
6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Original Mortgage
$162,011
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2007
Sold by
Santana Hector A
Bought by
Santana Eliel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2005
Sold by
Montano Ana
Bought by
Santana Hector A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
5.72%

Purchase Details

Closed on
Oct 19, 2001
Sold by
Rosario Felix
Bought by
Montano Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.84%

Purchase Details

Closed on
Mar 24, 2000
Sold by
Deleon Johanna
Bought by
Rosario Felix and Concepcion Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.26%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Santiago Antonio
Bought by
Deleon Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,843
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

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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
Ortiz Jose $290,000 Advent Title Agency Llc
Ledesma Eduardo J $165,000 New Horizon Abstarct Inc
Santana Eliel $460,000 --
Santana Hector A $370,000 --
Montano Ana $190,000 --
Rosario Felix $134,000 --
Deleon Johanna $118,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jose $265,567
Previous Owner Ledesma Eduardo J $162,011
Previous Owner Santana Eliel $368,000
Previous Owner Santana Hector A $351,500
Previous Owner Montano Ana $180,500
Previous Owner Rosario Felix $120,000
Previous Owner Deleon Johanna $117,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $165,000 +6.5% $52 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $155,000 -- $48 / Sq Ft
Source: Garden State MLS

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 $9,367 $227,200 $66,200 $161,000
2024 $9,097 $227,200 $66,200 $161,000
2022 $8,824 $227,200 $66,200 $161,000
2021 $8,543 $227,200 $66,200 $161,000
2020 $8,477 $227,200 $66,200 $161,000
2019 $8,354 $227,200 $66,200 $161,000
2018 $8,175 $227,200 $66,200 $161,000
2017 $7,922 $227,200 $66,200 $161,000
2016 $7,652 $227,200 $66,200 $161,000
2015 $9,792 $129,300 $49,200 $80,100
2014 $9,612 $129,300 $49,200 $80,100
Source: Public Records

Agents Affiliated with this Home

  • Fausto Codio

    Seller's Agent in 2017

    Fausto Codio

    A 2ND CHANCE GROUP REALTY

    (973) 270-0307

    1 in this area

    22 Total Sales

    Fausto Codio
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Map

Source: Garden State MLS

MLS Number: 3309572

Garden State MLS

APN: 07-04069-0000-00032

New Jersey Passaic County Passaic 07055

164 Hope Ave Unit 2, Passaic, NJ

Not Listed for Sale

MultiFamily

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