NOT LISTED FOR SALE

221-225 7th Ave Paterson, NJ 07514

Riverside Neighborhood

Estimated Value: $569,768 - $715,000

-- Bed
5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold February 02, 2023

Last sale price $545,000

Est. 20% increase in value since last sale

Current estimated payment $4,248/month

60 Days on Market

About This Home

As of February 2023

This home is located at 221-225 7th Ave, Paterson, NJ 07514 since 01 December 2022 and is currently estimated at $653,442. 221-225 7th Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

ROSELYS RAMIREZ

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 12/01/2022

Last Buyer's Agent

ROSELYS RAMIREZ

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 12/01/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,585

Lot Details

  • 4,356 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,585

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 221-225
  • I D: 5192451
  • Modified: 2024-02-03
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 64X67
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 31, 2023
Sold by
Cruz Haydee Carolina Estevez
Bought by
Aristides Debora and Acevedo Debora Keyla
Seller's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
List Price
$539,999
Sold Price
$545,000
Premium/Discount to List
$5,001
0.93%
Views
110
Current Estimated Value
$653,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,442
Avg. Annual Appreciation
9.88%
Original Mortgage
$535,128
Outstanding Balance
$521,081
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$174,501

Purchase Details

Closed on
May 31, 2018
Sold by
Falen Jose
Bought by
Cruz Haydee Estevez and Estevez Dalida

Purchase Details

Closed on
Mar 29, 2017
Sold by
Wanda Bakanaskas Family Trust
Bought by
Falen Jose

Purchase Details

Closed on
Feb 19, 2015
Sold by
Bakanauskas Wanda and Polding Lorraine
Bought by
Wanda Bakanauskas Family Trust
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
Aristides Debora $45,000 Weiss Title
Cruz Haydee Estevez $395,000 Stewart Title Guaranty Co
Falen Jose $80,000 None Available
Wanda Bakanauskas Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aristides Debora $535,128
Previous Owner Cruz Haydee Carolina Estevez $395,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $545,000 +0.9% --
01/30/2023 01/30/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $539,999 -- --
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 $8,585 $168,500 $59,900 $108,600
2024 $8,262 $168,500 $59,900 $108,600
2022 $17,575 $378,600 $59,900 $318,700
2021 $16,946 $378,600 $59,900 $318,700
2020 $15,807 $378,600 $59,900 $318,700
2019 $6,916 $167,300 $58,700 $108,600
2018 $7,138 $165,000 $58,200 $106,800
2017 $6,818 $163,900 $57,900 $106,000
2016 $7,057 $168,400 $56,400 $112,000
2015 $6,668 $168,400 $56,400 $112,000
2014 $6,377 $228,500 $126,200 $102,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROSELYS RAMIREZ

    NICHOLAS REAL ESTATE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3819873

Garden State MLS

APN: 08-02603-0000-00001

New Jersey Passaic County Paterson 07514 Riverside

221-225 7th Ave, Paterson, NJ

This home is located at 221-225 7th Ave, Paterson, NJ 07514 since 01 December 2022 and is currently estimated at $653,442. 221-225 7th Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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