NOT LISTED FOR SALE

221 7th Ave Unit 225 Paterson, NJ 07514

Riverside Neighborhood

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

4 Beds
1 Bath
1,190 Sq Ft
$549/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $80,000 $67 Per Sq Ft

Est. 717% increase in value since last sale

Current estimated payment $4,269/month

122 Days on Market

Highlights

  • Colonial Architecture
  • Formal Dining Room
  • Living Room
  • Main Floor Bedroom

About This Home

As of March 2017

AKA 275 E. 25TH ST -- ONE FAMILY HOME OFFERING LIVING RM, DINING RM, KITCHEN, 2 BEDROOMS AND BATH. ADDITIONAL 3 ROOMS ON 2ND LEVEL. FULL BASEMENT. DRIVEWAY. - See attached proposal to possibly convert to 2 family.

Last Agent to Sell the Property

Nicholas Tselepis

NICHOLAS REAL ESTATE AGENCY Listed on: 10/03/2016

Last Buyer's Agent

Herbert Melo

REALTY ONE GROUP LEGEND

REALTY ONE GROUP LEGEND

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil Below Ground

Listing and Financial Details

  • Assessor Parcel Number 2508-02603-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 221
  • Directions: CORNER OF EAST 25TH & 7TH AVE
  • I D: 4657971
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: NICHOLAS
  • First Name3: HERBERT
  • Last Name: TSELEPIS
  • Last Name3: MELO
  • Office Phone: 973-340-1202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Level 1 Rooms: Kitchen, 3 Bedrooms, Dining Room, Living Room, Bath Main
  • Phone: 973-340-1202

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 64X67
  • Assessed Improvement Value: 112000
  • Assessed Land Value: 56400
  • Assessment: 168400
  • Easement: Unknown
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6667
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-02603-0000-00001-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2023
Sold by
Cruz Haydee Carolina Estevez
Bought by
Aristides Debora and Acevedo Debora Keyla
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.
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

Listed on
Oct 3, 2016
Closed on
Mar 29, 2017
Sold by
Wanda Bakanaskas Family Trust
Bought by
Falen Jose
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Herbert Melo
REALTY ONE GROUP LEGEND
List Price
$124,900
Sold Price
$80,000
Premium/Discount to List
-$44,900
-35.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.21%

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:

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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
03/29/2017 03/29/17 Sold $80,000 -35.9% $67 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $124,900 -- $105 / 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 $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

  • Nicholas Tselepis

    Seller's Agent in 2017

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    17 in this area

    161 Total Sales

    Nicholas Tselepis
    Section Image

  • H

    Buyer's Agent in 2017

    Herbert Melo

    REALTY ONE GROUP LEGEND

    (973) 390-1002

    3 in this area

    43 Total Sales

    Herbert Melo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3340552

Garden State MLS

APN: 08-02603-0000-00001

New Jersey Passaic County Paterson 07514 Riverside

221 7th Ave Unit 225, Paterson, NJ

This home is located at 221 7th Ave Unit 225, Paterson, NJ 07514 since 03 October 2016 and is currently estimated at $653,442, approximately $549 per square foot. This property was built in 1940. 221 7th Ave Unit 225 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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