NOT LISTED FOR SALE

244 Cumberland Ave Unit 246 Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $449,000 - $574,000

-- Bed
-- Bath
1,080 Sq Ft
$454/Sq Ft Est. Value

About This Home

This home is located at 244 Cumberland Ave Unit 246, Paterson, NJ 07502 and is currently estimated at $490,500, approximately $454 per square foot. 244 Cumberland Ave Unit 246 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
Jul 22, 2020
Sold by
Bazo Dorian N and Bazo Carmen I
Bought by
Vargas Arturo
Current Estimated Value
$490,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,765
Outstanding Balance
$252,184
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$238,316

Purchase Details

Closed on
Jan 13, 2015
Sold by
Fannie Mae
Bought by
Bazo Dorian N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,660
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2004
Sold by
Trovato Theresa
Bought by
Zambrano Manuel and Zambrano Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Vargas Arturo $289,000 Main Street Title
Bazo Dorian N $160,000 Reo America Abstract Inc
Zambrano Manuel $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Arturo $283,765
Previous Owner Bazo Dorian N $191,290
Previous Owner Bazo Dorian N $154,660
Previous Owner Zambrano Manuel $252,000
Previous Owner Zambrano Manuel $208,000
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 $9,451 $185,500 $83,800 $101,700
2024 $9,095 $185,500 $83,800 $101,700
2022 $8,611 $185,500 $83,800 $101,700
2021 $8,303 $185,500 $83,800 $101,700
2020 $7,745 $185,500 $83,800 $101,700
2019 $7,503 $181,500 $82,100 $99,400
2018 $7,748 $179,100 $81,300 $97,800
2017 $7,396 $177,800 $80,800 $97,000
2016 $8,136 $187,500 $85,000 $102,500
2015 $7,703 $187,500 $85,000 $102,500
2014 $9,509 $327,900 $198,800 $129,100
Source: Public Records

Map

New Jersey Passaic County Paterson 07502 Hillcrest

244 Cumberland Ave Unit 246, Paterson, NJ

This home is located at 244 Cumberland Ave Unit 246, Paterson, NJ 07502 and is currently estimated at $490,500, approximately $454 per square foot. 244 Cumberland Ave Unit 246 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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