NOT LISTED FOR SALE

227 Preakness Ave Unit 2 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $572,000 - $887,000

3 Beds
3 Baths
1,802 Sq Ft
$391/Sq Ft Est. Value

About This Home

This home is located at 227 Preakness Ave Unit 2, Paterson, NJ 07502 and is currently estimated at $704,341, approximately $390 per square foot. 227 Preakness Ave Unit 2 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Pichardo Felix M and Ortiz Leyda D
Bought by
Sen Anik Chandra
Current Estimated Value
$704,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
1.6%

Purchase Details

Closed on
Nov 13, 2019
Sold by
Paragon Asset Holdings Pl Llc
Bought by
Pichardo Felix M and Ortiz Leyda D Montan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2018
Sold by
Gonzalez Luis and Gonzalez Isabel
Bought by
Paragon Asset Holdings Pl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2006
Sold by
Suarez Elmo
Bought by
Gonzalez Luis and Gonzalez Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.42%

Purchase Details

Closed on
Sep 30, 2002
Sold by
Kochar Ergut
Bought by
Kochar Ermine

Purchase Details

Closed on
May 24, 1999
Sold by
Leggieri Alberto and Leggieri Fabiola
Bought by
Suarez Elmo and Suarez Flor
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sen Anik Chandra $687,000 Main Street Title
Pichardo Felix M $385,000 Elite Title Group Llc
Paragon Asset Holdings Pl Llc $162,380 Stewart Title
Gonzalez Luis $415,000 --
Kochar Ermine -- --
Suarez Elmo $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sen Anik Chandra $22,000
Open Sen Anik Chandra $652,650
Previous Owner Pichardo Felix M $378,026
Previous Owner Paragon Asset Holdings Pl Llc $235,000
Previous Owner Gonzalez Luis $332,000
Source: Public Records

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 $9,405 $184,600 $50,600 $134,000
2024 $9,051 $184,600 $50,600 $134,000
2022 $8,569 $184,600 $50,600 $134,000
2021 $8,263 $184,600 $50,600 $134,000
2020 $7,707 $184,600 $50,600 $134,000
2019 $7,383 $178,600 $47,700 $130,900
2018 $8,280 $191,400 $47,300 $144,100
2017 $7,900 $189,900 $47,000 $142,900
2016 $8,704 $200,600 $49,500 $151,100
2015 $8,241 $200,600 $49,500 $151,100
2014 $9,437 $325,400 $169,900 $155,500
Source: Public Records

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