NOT LISTED FOR SALE

248 Governor St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $308,000 - $548,000

-- Bed
-- Bath
1,640 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $150,000 $91 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,194/month

54 Days on Market

About This Home

As of December 2018

This home is located at 248 Governor St, Paterson, NJ 07501 since 18 October 2018 and is currently estimated at $463,371, approximately $282 per square foot. 248 Governor St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

FRED SPOELSTRA

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 10/18/2018

Last Buyer's Agent

Trina Olivo

KELLER WILLIAMS TOWN LIFE

KELLER WILLIAMS TOWN LIFE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 248
  • I D: 4846444
  • Modified: 2019-12-13
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X110
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2019
Sold by
Silk City Development Ii Llc
Bought by
Scdh Ii Cv Ii Llc
Total Days on Market
54
Current Estimated Value
$463,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,240,000
Outstanding Balance
$2,888,744
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
-$2,425,373

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 11, 2018
Sold by
83 Auburn Street Llc
Bought by
Silk City Development Llc
Seller's Agent
FRED SPOELSTRA
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Trina Olivo
KELLER WILLIAMS TOWN LIFE
List Price
$157,500
Sold Price
$150,000
Premium/Discount to List
-$7,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%
Original Mortgage
$152,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2011
Sold by
Mitchell Jasmine
Bought by
Patmorc Charys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Mitchell Jasmine
Bought by
Patmore Charys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Mitchell Ann M
Bought by
Mitchell Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
9.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2004
Sold by
Powell Shelle
Bought by
Mitchell Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.32%

Purchase Details

Closed on
Feb 21, 2003
Sold by
Barna Norman
Bought by
Powell Shelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.95%

Purchase Details

Closed on
Jan 14, 2003
Sold by
Hud
Bought by
Mitchell George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.95%

Purchase Details

Closed on
Mar 8, 2001
Sold by
Roseland 2000
Bought by
Rodriguez Alexis and Acosta Corpuis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,050
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2000
Sold by
Bankers Trust
Bought by
Ros Ma Llc

Purchase Details

Closed on
Feb 22, 2000
Sold by
Bogev Blazo and Taylor Lori
Bought by
Bankers Trust

Purchase Details

Closed on
Jan 31, 1997
Sold by
Demircan Suzan
Bought by
Bogev Blazo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.57%

Purchase Details

Closed on
Mar 1, 1996
Sold by
Candelario Maria
Bought by
Demircan Suzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Scdh Ii Cv Ii Llc -- None Available
Silk City Development Llc $150,000 None Available
Patmorc Charys $50,500 Chicagi Title Ins Co
83 Auburn Street Llc $61,000 --
Patmore Charys $355,000 --
Mitchell Jasmine $375,000 --
Mitchell Ann $290,000 --
Powell Shelle $250,000 --
Mitchell George $99,101 --
Rodriguez Alexis $115,000 --
Ros Ma Llc $45,000 Chicago Title Insurance Co
Bankers Trust -- --
Bogev Blazo $164,900 --
Demircan Suzan $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 179 Burgess Llc $307,500
Closed Scdh Ii Cv Ii Llc $300,000
Open Scdh Ii Cv Ii Llc $3,240,000
Previous Owner Scdh Ii Cv Ii Llc $3,363,000
Previous Owner Silk City Development Llc $152,000
Previous Owner 83 Auburn Street Llc $75,000
Previous Owner Patmore Charys $319,500
Previous Owner Mitchell Jasmine $375,000
Previous Owner Mitchell Ann $261,000
Previous Owner Powell Shelle $212,500
Previous Owner Rodriguez Alexis $114,050
Previous Owner Bogev Blazo $124,000
Previous Owner Demircan Suzan $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $150,000 -4.8% $91 / Sq Ft
10/18/2018 10/18/18 For Sale $157,500 -- $96 / 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
2024 $7,217 $147,200 $23,100 $124,100
2022 $6,833 $147,200 $23,100 $124,100
2021 $6,589 $147,200 $23,100 $124,100
2020 $6,146 $147,200 $23,100 $124,100
2019 $5,953 $144,000 $22,800 $121,200
2018 $6,143 $142,000 $22,700 $119,300
2017 $5,861 $140,900 $22,600 $118,300
2016 $6,461 $148,900 $23,800 $125,100
2015 $6,117 $148,900 $23,800 $125,100
2014 $6,696 $230,900 $122,600 $108,300
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    FRED SPOELSTRA

    NICHOLAS REAL ESTATE AGENCY

  • Trina Olivo

    Buyer's Agent in 2018

    Trina Olivo

    KELLER WILLIAMS TOWN LIFE

    (201) 723-3926

    17 in this area

    63 Total Sales

    Trina Olivo
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3510020

Garden State MLS

APN: 08-03502-0000-00003

New Jersey Passaic County Paterson 07501 Eastside

248 Governor St, Paterson, NJ

This home is located at 248 Governor St, Paterson, NJ 07501 since 18 October 2018 and is currently estimated at $463,371, approximately $282 per square foot. 248 Governor St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

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