NOT LISTED FOR SALE

240 Madison Ave Unit 244 Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $518,000 - $649,000

3 Beds
1 Bath
1,303 Sq Ft
$448/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2018

Last sale price $250,000 $192 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,076 / mo

13 Days on Market

Highlights

  • Chalet
  • Formal Dining Room
  • 2 Car Detached Garage

About This Home

As of January 2018

BEAUTIFUL HOME WITH FRESHLY RENOVATED HARDWOOD FLOORS AND KITCHEN. SPACIOUS WITH PLENTY OF ROOM FOR NICE FURNITURE. BONUS ROOM IN THE TOP LEVEL WITH PLENTY OF STORAGE.

Last Agent to Sell the Property

HERNAN CASTRO

THE REAL ESTATE COMPANY Listed on: 08/08/2017

Last Buyer's Agent

Guido Barrantes

PROMISE LAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,957

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Chalet
  • Cottage
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Mock Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 2508-02401-0000-00022-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,957

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Style: Chalet, Cottage
  • Primary Style: Chalet
  • Subproperty Type: Single Family
  • Year Built Description: Unknown
  • County Name: Passaic
  • Directions: TAKE 5TH AVENUE TO MADISON AVENUE.
  • I D: 4737652
  • First Name: HERNAN
  • First Name3: GUIDO
  • Last Name: CASTRO
  • Last Name3: BARRANTES
  • Office Phone: 908-686-7800
  • Office Phone3: 973-253-7330
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Imitation, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Formal Dining Room
  • Kitchen Area: Not Eat-In Kitchen, Separate Dining Area
  • Phone: 908-233-9292

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Heating: Radiators - Hot Water, Radiators - Steam
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 75X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7957
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-02401-0000-00022-0000-
  • Tax Rate Amount: 4.339
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Nov 21, 2017
Sold by
Carrington Mortgage Servicxes Llc
Bought by
Ferreira Maria and Bernard Belinda
Seller's Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY
Buyer's Agent
Guido Barrantes
PROMISE LAND REALTY
List Price
$219,900
Sold Price
$250,000
Premium/Discount to List
$30,100
13.69%
Current Estimated Value
$583,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,336
Avg. Annual Appreciation
10.75%
Original Mortgage
$241,656
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2007
Sold by
Solano Erick D
Bought by
Garcia Eric A Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Higgins William
Bought by
Solano Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ferreira Maria $250,000 Altor Abstract Co Inc
Garcia Eric A Flores $515,000 --
Solano Erick $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferreira Maria $241,656
Previous Owner Garcia Eric A Flores $463,500
Previous Owner Solano Erick $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $250,000 +13.7% $192 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $219,900 -- $169 / Sq Ft
Source: Garden State MLS

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 $11,795 $231,500 $60,900 $170,600
2024 $11,350 $231,500 $60,900 $170,600
2022 $10,746 $231,500 $60,900 $170,600
2021 $10,362 $231,500 $60,900 $170,600
2020 $9,665 $231,500 $60,900 $170,600
2019 $9,364 $226,500 $59,900 $166,600
2018 $7,722 $178,500 $59,500 $119,000
2017 $7,372 $177,200 $59,200 $118,000
2016 $7,958 $183,400 $58,700 $124,700
2015 $7,534 $183,400 $58,700 $124,700
2014 $9,025 $311,200 $179,900 $131,300
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    HERNAN CASTRO

    THE REAL ESTATE COMPANY

  • Guido Barrantes

    Buyer's Agent in 2018

    Guido Barrantes

    PROMISE LAND REALTY

    (973) 767-4157

    5 in this area

    17 Total Sales

    Guido Barrantes
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Map

Source: Garden State MLS

MLS Number: 3409911

Garden State MLS

APN: 08-02401-0000-00022

New Jersey Passaic County Paterson 07514 Riverside

240 Madison Ave Unit 244, Paterson, NJ

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