NOT LISTED FOR SALE

242 Sherwood Ave Unit 244 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $523,000 - $553,000

2 Beds
2 Baths
1,340 Sq Ft
$401/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $345,000 $257 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,728/month

29 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Den
  • Wood Flooring
  • Attic
  • Beamed Ceilings

About This Home

As of January 2021

First time on the market for this custom home! Lovingly maintained by the original builder/owners, this expanded Cape has plenty of character and charm; arched entries, beamed ceilings,hardwood floors and a country kitchen. The spacious second floor bedroom offers a sitting area , built in cabinetry and enough sunlight to spare. Main bedroom, full bath and office/third bedroom are featured on the first floor along with your formal dining room and an eat-in kitchen. Hoping for a wood burning fireplace? Settle down in your living room and enjoy. The partially finished basement with a full bath, freshly painted and carpeted, provides a great space for entertaining and get togethers. Truly move in ready and not to be missed.

Last Agent to Sell the Property

ELISSA LA BAGNARA

COLDWELL BANKER REALTY Listed on: 11/10/2020

Last Buyer's Agent

Christopher Sapienza

KELLER WILLIAMS TOWN LIFE

KELLER WILLIAMS TOWN LIFE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,270

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Beamed Ceilings
  • Wood Burning Fireplace
  • Shades
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Number 27 Elementary School
  • Jfk High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2508-01213-0000-00020-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,270

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1953
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: Chamberlain Avenue/Crosby Avenue to Sherwood Avenue
  • I D: 5030919
  • Section Subdiv Development: Hillcrest
  • First Name: ELISSA
  • First Name3: CHRISTOPHER
  • Last Name: LA BAGNARA
  • Last Name3: SAPIENZA
  • Office Phone: 973 415-1064
  • Office Phone3: 201-391-2500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Beam Ceilings, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Walkout
  • Basement Level Rooms: Bath(s) Other, Family Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Kitchen Area: Country Kitchen, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Den, Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 1 Bedroom, Attic
  • Phone: 973-233-2300

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: JFK

Lot Info

  • Lot Size: 50X100
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8270
  • Assessor Parcel Number: 2508-01213-0000-00020-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.134
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: NUMBER 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 13, 2021
Sold by
Peterson Peter J and Estate Of Louise Peterson
Bought by
Terry Charlotte L
Seller's Agent
ELISSA LA BAGNARA
COLDWELL BANKER REALTY
Buyer's Agent
Christopher Sapienza
KELLER WILLIAMS TOWN LIFE
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Current Estimated Value
$537,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,477
Avg. Annual Appreciation
9.61%
Original Mortgage
$293,250
Outstanding Balance
$261,218
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$276,259
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
Terry Charlotte L $345,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Charlotte L $293,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $345,000 0.0% $257 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/28/2020 11/28/20 Price Changed $345,000 -4.1% $257 / Sq Ft
11/10/2020 11/10/20 For Sale $359,900 -- $269 / 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 $10,740 $210,800 $83,800 $127,000
2024 $10,336 $210,800 $83,800 $127,000
2022 $9,785 $210,800 $83,800 $127,000
2021 $9,435 $210,800 $83,800 $127,000
2020 $8,801 $210,800 $83,800 $127,000
2019 $8,520 $206,100 $82,100 $124,000
2018 $8,799 $203,400 $81,300 $122,100
2017 $8,399 $201,900 $80,800 $121,100
2016 $8,480 $201,200 $85,000 $116,200
2015 $8,015 $201,200 $85,000 $116,200
2014 $9,349 $331,000 $198,800 $132,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    ELISSA LA BAGNARA

    COLDWELL BANKER REALTY

  • Christopher Sapienza

    Buyer's Agent in 2021

    Christopher Sapienza

    KELLER WILLIAMS TOWN LIFE

    (973) 664-7678

    1 in this area

    131 Total Sales

    Christopher Sapienza
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Map

Source: Garden State MLS

MLS Number: 3677556

Garden State MLS

APN: 08-01213-0000-00020

New Jersey Passaic County Paterson 07502 Hillcrest

242 Sherwood Ave Unit 244, Paterson, NJ

Not Listed for Sale

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