NOT LISTED FOR SALE

22 Michigan Ave Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $520,000 - $685,000

-- Bed
-- Bath
2,016 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $137,000 $68 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $4,437/month

About This Home

As of August 2012

This home is located at 22 Michigan Ave, Paterson, NJ 07503 since 30 August 2012 and is currently estimated at $600,312, approximately $297 per square foot. 22 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.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,310

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,310

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4235232
  • 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

Closed on
Jan 23, 2019
Sold by
Shoukri Ihab
Bought by
Majzoub Anas S
Current Estimated Value
$600,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$293,048
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$307,264

Purchase Details

Closed on
Oct 31, 2016
Sold by
North Jersey Holdngs Vi Llc
Bought by
Shoukri Ihab

Purchase Details

Closed on
Nov 28, 2012
Sold by
North Jersey Holdings Llc
Bought by
North Jersey Holdings Vi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,018,800
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 30, 2012
Closed on
Aug 7, 2012
Sold by
Fannie Mae
Bought by
North Jersey Holdings Llc
Sold Price
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%

Purchase Details

Closed on
Oct 31, 2011
Sold by
Passaic County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 2005
Sold by
Espinal Porfirio
Bought by
Espaillat Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,400
Interest Rate
5.78%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Krulan Robert and Krulan Arlene
Bought by
Espinal Porfirio and Espinal Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.19%
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
Majzoub Anas S $340,000 Associated Title
Shoukri Ihab $160,000 None Available
North Jersey Holdings Vi Llc -- None Available
North Jersey Holdings Llc $137,000 None Available
Federal National Mortgage Association $460,319 --
Espaillat Rosa $400,000 --
Espinal Porfirio $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majzoub Anas S $333,841
Previous Owner North Jersey Holdings Vi Llc $2,018,800
Previous Owner Espaillat Rosa $376,400
Previous Owner Espinal Porfirio $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $137,000 -- $68 / 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 $15,310 $300,500 $36,300 $264,200
2024 $14,734 $300,500 $36,300 $264,200
2022 $13,949 $300,500 $36,300 $264,200
2021 $14,158 $316,300 $36,300 $280,000
2020 $13,206 $316,300 $36,300 $280,000
2019 $6,470 $156,500 $35,500 $121,000
2018 $6,666 $154,100 $35,100 $119,000
2017 $5,861 $140,900 $34,900 $106,000
2016 $6,456 $148,800 $36,800 $112,000
2015 $6,113 $148,800 $36,800 $112,000
2014 $8,880 $306,200 $128,500 $177,700
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 2942781

Garden State MLS

APN: 08-07012-0000-00025

New Jersey Passaic County Paterson 07503 South Paterson

22 Michigan Ave, Paterson, NJ

Not Listed for Sale

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