NOT LISTED FOR SALE

223 Sherwood Ave Unit 225 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $513,000 - $618,000

3 Beds
2 Baths
1,408 Sq Ft
$403/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $540,000 $384 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,014/month

37 Days on Market

Highlights

  • Above Ground Pool
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of June 2024

YOUR SEARCH ENDS HERE! Welcome to your charming Cape Cod retreat! This 3-bedroom, 2-bathroom home boasts hardwood floors, abundant natural light, and a cozy living space. The kitchen features stainless steel appliances and a breakfast bar that opens up to the living room and leads to the dining room. Master bedrooms on the main floor with a full bath and walk-in closet. Make your way upstairs to 2 very spacious bedrooms. The basement is fully finished with a full bath, bonus room that can be used as a 4th bedroom or office, laundry room and rec room with movie theatre. Outside, enjoy the landscaped backyard with patio and pool. Detached garage is partially finished with surround sound. Conveniently located near shopping, dining, parks, and schools, this home offers comfort and convenience in a tranquil neighborhood

Last Agent to Sell the Property

Socrates Olivero

Coldwell Banker, Clifton Listed on: 02/13/2024

Coldwell Banker, Clifton

Last Buyer's Agent

KHAMELY RODRIGUEZ

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Prominent Properties Sotheby's International Realty-Englewood Cliffs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,866

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Above Ground Pool
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 01216

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,866

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 778-4500
  • MLS Status: Sold - Sold
  • Directions: Chamberlain Ave to Sherwood
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • Power Production Type: Photovoltaics
  • PropertySubTypeAdditional: Other
  • Power Production Ownership: Seller Owned
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: Bath(s) Other, Laundry Room, Office, Rec Room

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 10866.0
  • Tax Block: 01216
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 24, 2024
Sold by
Diaz Siomara and Diaz Gilbert
Bought by
Pelaez Erika
Seller's Agent
Socrates Olivero
Coldwell Banker, Clifton
Buyer's Agent
KHAMELY RODRIGUEZ
Prominent Properties Sotheby's International Realty-Englewood Cliffs
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%
Views
170
Current Estimated Value
$566,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,900
Avg. Annual Appreciation
4.20%
Original Mortgage
$386,650
Outstanding Balance
$381,782
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$187,198

Purchase Details

Closed on
Aug 14, 2022
Sold by
Cameron Samuel A and Cameron Sandra M
Bought by
Diaz Siomara and Diaz Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,784
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 26, 2016
Closed on
Apr 3, 2017
Sold by
Royal Estates Investments Llc
Bought by
Cameron Samuel A and Cameron Sandra M
Seller's Agent
ROBIN STEPENEY
UNITED REAL ESTATE
Buyer's Agent
WILFREDO ALFARO
COLDWELL BANKER REALTY
List Price
$269,000
Sold Price
$286,000
Premium/Discount to List
$17,000
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$280,819
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2016
Sold by
Victor Garces Aleyda Garces
Bought by
Royal Estates Investments

Purchase Details

Closed on
May 3, 2006
Sold by
Garces Aleida
Bought by
Garces Victor and Garces Aleida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2001
Sold by
Donado Jorge
Bought by
Garces Aleida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.08%
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
Pelaez Erika $540,000 Weiss Title Group
Pelaez Erika $540,000 Weiss Title Group
Diaz Siomara $380,000 --
Cameron Samuel A $286,000 Stewart Title Guaranty Co
Royal Estates Investments $130,000 None Available
Garces Victor -- --
Garces Aleida $170,000 --
Garces Aleida $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelaez Erika $115,464
Open Pelaez Erika $386,650
Closed Pelaez Erika $386,650
Previous Owner Diaz Siomara $451,784
Previous Owner Cameron Samuel A $280,819
Previous Owner Garces Victor $250,800
Previous Owner Garces Aleida $198,000
Previous Owner Garces Aleida $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $540,000 +8.0% $384 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $500,000 +74.8% $355 / Sq Ft
04/04/2017 04/04/17 Sold $286,000 +6.3% $203 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $269,000 -- $191 / Sq Ft
Source: New Jersey 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 $11,927 $234,100 $83,800 $150,300
2024 $11,478 $234,100 $83,800 $150,300
2023 $10,867 $234,100 $83,800 $150,300
2022 $10,867 $234,100 $83,800 $150,300
2021 $10,478 $234,100 $83,800 $150,300
2020 $9,774 $234,100 $83,800 $150,300
2019 $9,463 $228,900 $82,100 $146,800
2018 $9,768 $225,800 $81,300 $144,500
2017 $8,395 $201,800 $80,800 $121,000
2016 $8,821 $203,300 $85,000 $118,300
2015 $8,352 $203,300 $85,000 $118,300
2014 $7,169 $247,200 $158,800 $88,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Socrates Olivero

    Coldwell Banker, Clifton

    (973) 778-4500

    1 in this area

    25 Total Sales

    Socrates Olivero
    Section Image

  • K

    Buyer's Agent in 2024

    KHAMELY RODRIGUEZ

    Prominent Properties Sotheby's International Realty-Englewood Cliffs

    (201) 906-2754

    1 in this area

    52 Total Sales

    KHAMELY RODRIGUEZ
    Section Image

  • R

    Seller's Agent in 2017

    ROBIN STEPENEY

    UNITED REAL ESTATE

  • W

    Buyer's Agent in 2017

    WILFREDO ALFARO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24004403

New Jersey MLS

APN: 08-01216-0000-00012

New Jersey Passaic County Paterson 07502 Hillcrest

223 Sherwood Ave Unit 225, Paterson, NJ

This home is located at 223 Sherwood Ave Unit 225, Paterson, NJ 07502 since 13 February 2024 and is currently estimated at $566,900, approximately $402 per square foot. 223 Sherwood 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 Public School No. 5.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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