NOT LISTED FOR SALE

225 Paterson Ave Unit 227 Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $523,000 - $674,897

-- Bed
-- Bath
1,457 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $625,000 $429 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,037/month

8 Days on Market

About This Home

As of March 2023

This home is located at 225 Paterson Ave Unit 227, Paterson, NJ 07502 since 27 February 2023 and is currently estimated at $607,974, approximately $417 per square foot. 225 Paterson Ave Unit 227 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

Maria Fazliu

C-21 CREST REAL ESTATE, INC. Brokerage Phone: 973-686-1500 Listed on: 02/27/2023

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,687

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,687

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 225
  • I D: 5205890
  • Modified: 2024-03-23
  • Number Images: 1
  • Attribution Contact: 973-686-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 24, 2023
Sold by
Scarnaty Domenica
Bought by
Medinas Sunrise Properties Llc
Seller's Agent
Maria Fazliu
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Views
25
Current Estimated Value
$607,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,026
Avg. Annual Appreciation
-1.13%
Original Mortgage
$393,750
Outstanding Balance
$381,810
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$226,164

Purchase Details

Closed on
Oct 7, 2013
Sold by
Sandu Josephina and Sandu Dimitri
Bought by
Scarnaty Domenica
Source: Public Records

Range of Values:

Collateral Analytics

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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
Medinas Sunrise Properties Llc $625,000 Fidelity National Title
Scarnaty Domenica -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medinas Sunrise Properties Llc $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $625,000 +4.3% $429 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $599,000 -- $411 / 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 $8,687 $170,500 $44,400 $126,100
2024 $8,360 $170,500 $44,400 $126,100
2022 $7,915 $170,500 $44,400 $126,100
2021 $7,632 $170,500 $44,400 $126,100
2020 $7,118 $170,500 $44,400 $126,100
2019 $6,788 $164,200 $41,100 $123,100
2018 $7,004 $161,900 $40,700 $121,200
2017 $6,681 $160,600 $40,400 $120,200
2016 $7,359 $169,600 $42,500 $127,100
2015 $6,967 $169,600 $42,500 $127,100
2014 $8,575 $295,700 $161,300 $134,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maria Fazliu

    C-21 CREST REAL ESTATE, INC.

    (862) 226-8704

    2 in this area

    23 Total Sales

    Maria Fazliu
    Section Image
  • Michael Martinetti

    Buyer's Agent in 2023

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    1 in this area

    1,189 Total Sales

    Michael Martinetti
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3830581

Garden State MLS

APN: 08-01307-0000-00004

New Jersey Passaic County Paterson 07502 Totowa Section

225 Paterson Ave Unit 227, Paterson, NJ

This home is located at 225 Paterson Ave Unit 227, Paterson, NJ 07502 since 27 February 2023 and is currently estimated at $607,974, approximately $417 per square foot. 225 Paterson Ave Unit 227 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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