NOT LISTED FOR SALE

224 Edmund Ave Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $534,000 - $671,000

-- Bed
-- Bath
2,233 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $510,000 $228 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,987/month

85 Days on Market

About This Home

As of December 2022

This home is located at 224 Edmund Ave, Paterson, NJ 07502 since 26 September 2022 and is currently estimated at $595,125, approximately $266 per square foot. 224 Edmund Ave 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.

Last Agent to Sell the Property

Ruben Serrano

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 09/26/2022

REALTY ONE GROUP LEGEND

Last Buyer's Agent

Ruben Serrano

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 09/26/2022

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,296

Lot Details

  • 25 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,296

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 224
  • I D: 5180050
  • Modified: 2023-12-23
  • Number Images: 1
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25 X 100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 19, 2022
Sold by
Rani Partners Ii Llc
Bought by
Dela Cruz Marco
Seller's Agent
Ruben Serrano
REALTY ONE GROUP LEGEND
Buyer's Agent
Ruben Serrano
REALTY ONE GROUP LEGEND
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Views
18
Current Estimated Value
$595,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,125
Avg. Annual Appreciation
6.17%
Original Mortgage
$310,000
Outstanding Balance
$301,994
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$293,131

Purchase Details

Closed on
Apr 28, 2017
Sold by
Karmaker Banani R
Bought by
Rani Partners Ii Llc

Purchase Details

Closed on
May 28, 2013
Sold by
Gonzales Elarsi and Santana Maria
Bought by
Rms Mortgage Asset Trust 2012-1

Purchase Details

Closed on
Feb 24, 2006
Sold by
Alvarez Josefina A
Bought by
Santana Maria and Gonzales Elarsi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 1999
Sold by
Lantigua David Alexander
Bought by
Alvarez Josefina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,820
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 1999
Sold by
Wood Daniel and Wood Debra A
Bought by
Lantigua David Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.04%
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
Dela Cruz Marco $510,000 Catic Title
Rani Partners Ii Llc -- None Available
Rms Mortgage Asset Trust 2012-1 $455,053 None Available
Santana Maria $420,000 --
Alvarez Josefina A $143,000 Chicago Title Insurance Co
Lantigua David Alexander $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Marco $310,000
Previous Owner Santana Maria $336,000
Previous Owner Alvarez Josefina A $141,820
Previous Owner Lantigua David Alexander $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $510,000 +2.0% $228 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $499,900 +244.8% $224 / Sq Ft
03/03/2014 03/03/14 Sold $145,000 -- $65 / 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
2024 $8,296 $169,200 $44,400 $124,800
2022 $7,854 $169,200 $44,400 $124,800
2021 $7,573 $169,200 $44,400 $124,800
2020 $7,064 $169,200 $44,400 $124,800
2019 $6,738 $163,000 $41,100 $121,900
2018 $6,948 $160,600 $40,700 $119,900
2017 $6,631 $159,400 $40,400 $119,000
2016 $7,298 $168,200 $42,500 $125,700
2015 $6,910 $168,200 $42,500 $125,700
2014 $11,464 $395,300 $174,300 $221,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ruben Serrano

    REALTY ONE GROUP LEGEND

    (973) 464-1379

    6 in this area

    35 Total Sales

    Ruben Serrano
    Section Image

  • D

    Seller's Agent in 2014

    Don Fanelli

    COLDWELL BANKER REALTY

    (973) 632-1449

    43 Total Sales

    Don Fanelli
    Section Image

  • F

    Buyer's Agent in 2014

    FAISAL AHMED

    REALTY ONE GROUP SUNRISE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3809400

Garden State MLS

APN: 08-01305-0000-00026

New Jersey Passaic County Paterson 07502 Hillcrest

224 Edmund Ave, Paterson, NJ

This home is located at 224 Edmund Ave, Paterson, NJ 07502 since 26 September 2022 and is currently estimated at $595,125, approximately $266 per square foot. 224 Edmund Ave 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.

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