NOT LISTED FOR SALE

296 Dixon Ave Paterson, NJ 07501

Old Great Falls Neighborhood

Estimated Value: $415,000 - $432,790

4 Beds
3 Baths
851 Sq Ft
$499/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $300,000 $353 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,740/month

24 Days on Market

About This Home

As of May 2023

This home is located at 296 Dixon Ave, Paterson, NJ 07501 since 10 January 2023 and is currently estimated at $424,698, approximately $499 per square foot. 296 Dixon Ave 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.

Last Agent to Sell the Property

FRED SPOELSTRA

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 01/10/2023

Last Buyer's Agent

TREVOR MUNROE

FATHOM REALTY NJ

Home Details

Home Type

  • Single Family

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5197746
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Apr 14, 2023
Sold by
Dandis Abdel Karim N
Bought by
296 Dixon Ave Llc
Seller's Agent
FRED SPOELSTRA
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
TREVOR MUNROE
FATHOM REALTY NJ
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
202
Current Estimated Value
$424,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,698
Avg. Annual Appreciation
13.69%
Original Mortgage
$241,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 22, 2018
Sold by
Mtlgq Invesores Lp
Bought by
Dandis Abdel Karim N
Seller's Agent
FRANCISCO SANCHEZ
REALTY ONE GROUP SUNRISE
List Price
$84,999
Sold Price
$80,850
Premium/Discount to List
-$4,149
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.19%

Purchase Details

Closed on
Jul 24, 2017
Sold by
Allen Mohammad and Allen M
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
May 21, 2002
Sold by
Hud
Bought by
Allen Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%

Purchase Details

Closed on
May 9, 1996
Sold by
Tompkins Lucy
Bought by
Harlos Leonard and Harlos Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
296 Dixon Ave Llc $300,000 Two Rivers Title
296 Dixon Ave Llc $300,000 Two Rivers Title
Dandis Abdel Karim N $80,850 Nuco Title Ins Agency Inc
Mtglq Investors Lp -- None Available
Allen Mohammad $75,309 --
Harlos Leonard $78,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 296 Dixon Ave Llc $241,000
Previous Owner Allen Mohammad $60,000
Previous Owner Harlos Leonard $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2023 05/09/23 Sold $300,000 +1.7% $353 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $295,000 +264.9% $347 / Sq Ft
03/29/2018 03/29/18 Sold $80,850 -4.9% $67 / Sq Ft View Prior Sale
02/21/2018 02/21/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $84,999 -- $70 / 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 $6,496 $127,500 $41,900 $85,600
2024 $6,251 $127,500 $41,900 $85,600
2022 $5,919 $127,500 $41,900 $85,600
2021 $5,707 $127,500 $41,900 $85,600
2020 $5,323 $127,500 $41,900 $85,600
2019 $5,155 $124,700 $41,100 $83,600
2018 $5,373 $124,200 $40,700 $83,500
2017 $5,075 $122,000 $40,400 $81,600
2016 $5,584 $128,700 $42,500 $86,200
2015 $5,287 $128,700 $42,500 $86,200
2014 $7,311 $252,100 $164,500 $87,600
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    FRED SPOELSTRA

    NICHOLAS REAL ESTATE AGENCY

  • T

    Buyer's Agent in 2023

    TREVOR MUNROE

    FATHOM REALTY NJ

  • F

    Seller's Agent in 2018

    FRANCISCO SANCHEZ

    REALTY ONE GROUP SUNRISE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3823823

Garden State MLS

APN: 08-05303-0000-00002

New Jersey Passaic County Paterson 07501 Old Great Falls

296 Dixon Ave, Paterson, NJ

Not Listed for Sale

Detached

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