NOT LISTED FOR SALE

220 Spring St Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $270,000 - $463,000

Studio
-- Bath
1,768 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 220 Spring St, Paterson, NJ 07503 and is currently estimated at $366,500, approximately $207 per square foot. 220 Spring 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2021
Sold by
216-224 Spring Street Holdings Llc
Bought by
216-224 Spring Street Cv2020 Llc
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,100,000
Outstanding Balance
$8,079,210
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
-$7,712,710

Purchase Details

Closed on
May 1, 2019
Sold by
220 Spring Holdings Llc
Bought by
216 224 Spring Street Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2018
Sold by
Tina Estates Llc
Bought by
220 Spring Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2017
Sold by
Velez Margaret and Estate Of Eugenio Gonzalez
Bought by
Tina Estates Llc

Purchase Details

Closed on
Aug 27, 1980
Bought by
Gonzalez Eugenio
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
216-224 Spring Street Cv2020 Llc -- Fidelity National Title
216 224 Spring Street Holdings Llc $3,500,000 Multiple
220 Spring Holdings Llc $120,000 Sunrise Title Services Inc
Tina Estates Llc $90,000 Passaic Valley Title Service
Gonzalez Eugenio $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 216-224 Spring Street Cv2020 Llc $9,100,000
Previous Owner 216 224 Spring Street Holdings Llc $1,000,000
Previous Owner 216 224 Spring Street Holdings Llc $5,000,000
Previous Owner 220 Spring Holdings Llc $312,000
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 $1,875 $36,800 $36,800 --
2024 $1,804 $36,800 $36,800 --
2022 $6,011 $36,800 $36,800 $0
2021 $6,011 $134,300 $36,800 $97,500
2020 $5,607 $134,300 $36,800 $97,500
2019 $5,436 $131,500 $36,300 $95,200
2018 $5,611 $129,700 $36,000 $93,700
2017 $5,167 $124,200 $35,800 $88,400
2016 $5,693 $131,200 $37,700 $93,500
2015 $5,390 $131,200 $37,700 $93,500
2014 $7,218 $248,900 $133,700 $115,200
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

220 Spring St, Paterson, NJ

Not Listed for Sale

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