NOT LISTED FOR SALE

228 Sherman St Passaic, NJ 07055

Estimated Value: $566,997 - $637,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 12, 2019

Last sale price $325,000

Est. 84% increase in value since last sale

Current estimated payment $3,846/month

23 Days on Market

About This Home

As of June 2019

This home is located at 228 Sherman St, Passaic, NJ 07055 since 18 February 2019 and is currently estimated at $598,499. 228 Sherman St is a home located in Passaic County with nearby schools including Passaic High School # 12 and Passaic Arts and Science Charter School.

Last Agent to Sell the Property

Othoniel Gomez

REALTY ONE GROUP LEGEND Brokerage Phone: 973-772-0660 Listed on: 02/18/2019

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,493

Lot Details

  • 3,485 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,493

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4871560
  • Attribution Contact: 973-772-0660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X140
  • Total Acres: 0.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Jun 6, 2019
Sold by
Leon Joshua
Bought by
Sanchez Manuel A Jimenez
Seller's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$598,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,499
Avg. Annual Appreciation
9.85%
Original Mortgage
$319,113
Outstanding Balance
$280,691
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$317,808

Purchase Details

Listed on
May 31, 2016
Closed on
Jan 18, 2017
Sold by
Lowe Bernice and Cloud Lynnell
Bought by
Leon Joshua
Seller's Agent
RAYMOND LEOPIZZI
LEOPIZZI REAL ESTATE AGENCY
Buyer's Agent
Othoniel Gomez
REALTY ONE GROUP LEGEND
List Price
$209,900
Sold Price
$225,000
Premium/Discount to List
$15,100
7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$220,924
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2012
Sold by
Mccloud Lenwood
Bought by
Mccloud Lynnell

Purchase Details

Closed on
Nov 28, 2011
Sold by
Stinson Lois and Stinson Dennis Wayne
Bought by
Mccloud Lorine and Lowe Bernice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sanchez Manuel A Jimenez $325,000 All Pro Title Group Llc
Leon Joshua $225,000 Chicago Title Insurance Co
Mccloud Lynnell -- None Available
Mccloud Lorine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Manuel A Jimenez $319,113
Previous Owner Leon Joshua $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2019 06/12/19 Sold $325,000 +8.4% --
03/13/2019 03/13/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $299,900 +33.3% --
01/18/2017 01/18/17 Sold $225,000 +7.2% -- View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $209,900 -- --
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 $8,493 $206,000 $64,100 $141,900
2024 $8,248 $206,000 $64,100 $141,900
2022 $8,001 $206,000 $64,100 $141,900
2021 $7,746 $206,000 $64,100 $141,900
2020 $7,686 $206,000 $64,100 $141,900
2019 $7,575 $206,000 $64,100 $141,900
2018 $7,412 $206,000 $64,100 $141,900
2017 $7,183 $206,000 $64,100 $141,900
2016 $6,938 $206,000 $64,100 $141,900
2015 $9,989 $131,900 $55,600 $76,300
2014 $9,805 $131,900 $55,600 $76,300
Source: Public Records

Agents Affiliated with this Home

  • Othoniel Gomez

    Seller's Agent in 2019

    Othoniel Gomez

    REALTY ONE GROUP LEGEND

    (973) 772-0660

    12 in this area

    72 Total Sales

    Othoniel Gomez
    Section Image

  • R

    Seller's Agent in 2017

    RAYMOND LEOPIZZI

    LEOPIZZI REAL ESTATE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3532724

Garden State MLS

APN: 07-02178-0000-00013

New Jersey Passaic County Passaic 07055

228 Sherman St, Passaic, NJ

Not Listed for Sale

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