NOT LISTED FOR SALE

197 Pacific St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $522,000 - $621,000

-- Bed
-- Bath
1,828 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $445,000 $243 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,553/month

102 Days on Market

About This Home

As of June 2021

This home is located at 197 Pacific St, Paterson, NJ 07503 since 01 March 2021 and is currently estimated at $552,603, approximately $302 per square foot. 197 Pacific St 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

Maileny Vidal

HOMESMART FIRST ADVANTAGE Brokerage Phone: 888-501-6953 Listed on: 03/01/2021

HOMESMART FIRST ADVANTAGE

Last Buyer's Agent

Maileny Vidal

HOMESMART FIRST ADVANTAGE Brokerage Phone: 888-501-6953 Listed on: 03/01/2021

HOMESMART FIRST ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,933

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,933

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5051480
  • Attribution Contact: 888-501-6953
  • 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
Mar 1, 2021
Closed on
Jun 7, 2021
Sold by
Maldonado Luis G
Bought by
Castaneda Ronald Quinones
Seller's Agent
Maileny Vidal
HOMESMART FIRST ADVANTAGE
Buyer's Agent
Maileny Vidal
HOMESMART FIRST ADVANTAGE
List Price
$420,000
Sold Price
$445,000
Premium/Discount to List
$25,000
5.95%
Current Estimated Value
$552,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,603
Avg. Annual Appreciation
5.08%
Original Mortgage
$422,211
Outstanding Balance
$381,426
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$171,177

Purchase Details

Listed on
Jul 9, 2020
Closed on
Dec 15, 2020
Sold by
Rojas Jineth
Bought by
Maldonado Luis G
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.62%
Original Mortgage
$217,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 1999
Sold by
Duran Blanca and Charry Judith
Bought by
Rojas Jineth
Source: Public Records

Range of Values:

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
Castaneda Ronald Quinones $430,000 None Listed On Document
Maldonado Luis G $290,000 New Title Company Name
Rojas Jineth $30,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Ronald Quinones $422,211
Previous Owner Maldonado Luis G $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $445,000 +6.0% $243 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $420,000 +44.8% $230 / Sq Ft
12/16/2020 12/16/20 Sold $290,000 -3.3% $159 / Sq Ft View Prior Sale
08/04/2020 08/04/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $299,900 -- $164 / 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 $7,933 $155,700 $31,900 $123,800
2024 $7,634 $155,700 $31,900 $123,800
2022 $7,228 $155,700 $31,900 $123,800
2021 $6,969 $155,700 $31,900 $123,800
2020 $6,500 $155,700 $31,900 $123,800
2019 $6,296 $152,300 $31,400 $120,900
2018 $6,493 $150,100 $31,100 $119,000
2017 $6,956 $167,200 $30,900 $136,300
2016 $7,658 $176,500 $32,500 $144,000
2015 $7,251 $176,500 $32,500 $144,000
2014 $7,050 $243,100 $127,100 $116,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maileny Vidal

    HOMESMART FIRST ADVANTAGE

    (201) 283-4586

    2 in this area

    63 Total Sales

    Maileny Vidal
    Section Image
  • Nicholas Tselepis

    Seller's Agent in 2020

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    14 in this area

    160 Total Sales

    Nicholas Tselepis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3694860

Garden State MLS

APN: 08-05403-0000-00013

New Jersey Passaic County Paterson 07503 South Paterson

197 Pacific St, Paterson, NJ

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