NOT LISTED FOR SALE

18 Michigan Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $461,000 - $661,000

-- Bed
-- Bath
2,016 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $315,000 $156 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,149/month

363 Days on Market

About This Home

As of April 2018

This home is located at 18 Michigan Ave, Paterson, NJ 07503 since 20 January 2017 and is currently estimated at $574,140, approximately $284 per square foot. 18 Michigan Ave 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.

Last Agent to Sell the Property

Linda Iriarte

UNICASA UNION REALTY INC Brokerage Phone: 973-942-4300 Listed on: 01/20/2017

Last Buyer's Agent

David Vanegas

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,507

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,507

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4682706
  • Attribution Contact: 973-942-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 9, 2018
Sold by
Gutierrez Antonio and Gutierrez Eloisa
Bought by
Bickkci Zuleyha and Bickkci Burak
Seller's Agent
Linda Iriarte
UNICASA UNION REALTY INC
Buyer's Agent
David Vanegas
EXP REALTY, LLC
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
Current Estimated Value
$574,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,140
Avg. Annual Appreciation
8.16%
Original Mortgage
$309,294
Outstanding Balance
$268,588
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$305,552

Purchase Details

Closed on
Apr 20, 1993
Bought by
Gutierrez Antonio and Gutierrez Eloisa
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
Bickkci Zuleyha $315,000 Legend Title Llc
Gutierrez Antonio $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bickkci Zuleyha $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2018 04/09/18 Sold $315,000 -7.1% $156 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
01/20/2017 01/20/17 For Sale $339,000 -- $168 / Sq Ft
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 $13,507 $265,100 $41,500 $223,600
2024 $12,998 $265,100 $41,500 $223,600
2022 $12,306 $265,100 $41,500 $223,600
2021 $11,866 $265,100 $41,500 $223,600
2020 $11,068 $265,100 $41,500 $223,600
2019 $10,703 $258,900 $40,500 $218,400
2018 $7,289 $168,500 $40,100 $128,400
2017 $6,960 $167,300 $39,900 $127,400
2016 $7,663 $176,600 $42,000 $134,600
2015 $7,255 $176,600 $42,000 $134,600
2014 $11,348 $391,300 $208,500 $182,800
Source: Public Records

Agents Affiliated with this Home

  • Linda Iriarte

    Seller's Agent in 2018

    Linda Iriarte

    UNICASA UNION REALTY INC

    (973) 519-2875

    4 in this area

    117 Total Sales

    Linda Iriarte
    Section Image
  • David Vanegas

    Buyer's Agent in 2018

    David Vanegas

    EXP REALTY, LLC

    (201) 572-5552

    107 Total Sales

    David Vanegas
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3359118

Garden State MLS

APN: 08-07012-0000-00023

New Jersey Passaic County Paterson 07503 South Paterson

18 Michigan Ave, Paterson, NJ

Not Listed for Sale

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