NOT LISTED FOR SALE

230 Michigan Ave Unit 232 Paterson, NJ 07503

South Paterson Neighborhood

Estimated Value: $543,922 - $613,000

-- Bed
-- Bath
1,640 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 230 Michigan Ave Unit 232, Paterson, NJ 07503 and is currently estimated at $566,981, approximately $345 per square foot. 230 Michigan Ave Unit 232 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2014
Sold by
Fermin Gilberto and Fermin Ramon G
Bought by
Fermin Ramon G
Current Estimated Value
$566,981

Purchase Details

Closed on
Dec 6, 2005
Sold by
Pagan Nancy
Bought by
Fermin Gilberto and Fermin Ramon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$191,023
Interest Rate
6.36%
Estimated Equity
$375,958

Purchase Details

Closed on
Jun 2, 2004
Sold by
Acevedo Damaris
Bought by
Castillo Cedar and Pagan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,523
Interest Rate
5.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Fermin Ramon G -- None Available
Fermin Gilberto $425,000 --
Castillo Cedar $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fermin Gilberto $340,000
Previous Owner Castillo Cedar $336,523
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 $11,005 $216,000 $83,000 $133,000
2024 $10,590 $216,000 $83,000 $133,000
2022 $10,027 $216,000 $83,000 $133,000
2021 $9,668 $216,000 $83,000 $133,000
2020 $9,018 $216,000 $83,000 $133,000
2019 $8,731 $211,200 $81,300 $129,900
2018 $9,011 $208,300 $80,500 $127,800
2017 $8,603 $206,800 $80,000 $126,800
2016 $9,069 $209,000 $75,000 $134,000
2015 $8,586 $209,000 $75,000 $134,000
2014 $10,542 $363,500 $218,800 $144,700
Source: Public Records

Map

New Jersey Passaic County Paterson 07503 South Paterson

230 Michigan Ave Unit 232, Paterson, NJ

Not Listed for Sale

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