NOT LISTED FOR SALE

216 Cumberland Ave Unit 218 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $486,000 - $529,733

3 Beds
3 Baths
1,300 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 216 Cumberland Ave Unit 218, Paterson, NJ 07502 and is currently estimated at $506,433, approximately $389 per square foot. 216 Cumberland Ave Unit 218 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 13, 2020
Sold by
Royal Estates Investments Llc
Bought by
Pou Edwin
Current Estimated Value
$499,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,959
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$322,634

Purchase Details

Closed on
May 28, 2019
Sold by
Currie Tami T and Bank Of America
Bought by
Royal Estates Investments

Purchase Details

Closed on
Dec 20, 2006
Sold by
Reyes Jorge L
Bought by
Currie Tami T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,250
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Reyes Jeanette
Bought by
Reyes Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,700
Interest Rate
5.78%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Pou Edwin $300,000 Sage Title & Setmnt Svcs Llc
Royal Estates Investments $206,000 None Available
Currie Tami T $369,000 --
Reyes Jorge L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pou Edwin $200,000
Previous Owner Currie Tami T $363,250
Previous Owner Reyes Jorger L $24,385
Previous Owner Reyes Jorge L $206,700
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 $11,012 $224,600 $83,800 $140,800
2022 $10,426 $224,600 $83,800 $140,800
2021 $10,053 $224,600 $83,800 $140,800
2020 $9,377 $224,600 $83,800 $140,800
2019 $9,078 $219,600 $82,100 $137,500
2018 $9,370 $216,600 $81,300 $135,300
2017 $8,944 $215,000 $80,800 $134,200
2016 $9,311 $214,600 $85,000 $129,600
2015 $8,816 $214,600 $85,000 $129,600
2014 $7,920 $273,100 $148,800 $124,300
Source: Public Records

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