NOT LISTED FOR SALE

356 Sherman St Unit 2 Passaic, NJ 07055

Estimated Value: $557,932 - $707,000

-- Bed
3 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold August 21, 2018

Last sale price $380,000

Est. 69% increase in value since last sale

Current estimated payment $4,417/month

5 Days on Market

About This Home

As of August 2018

This home is located at 356 Sherman St Unit 2, Passaic, NJ 07055 since 13 April 2018 and is currently estimated at $641,733. 356 Sherman St Unit 2 is a home located in Passaic County with nearby schools including Passaic High School # 12, Passaic Arts and Science Charter School, and St Nicholas Ukrainian Catholic School.

Last Agent to Sell the Property

Fausto Codio

A 2ND CHANCE GROUP REALTY Brokerage Phone: 973-270-0303 Listed on: 04/13/2018

Last Buyer's Agent

Peter Tlatelpa

REAL

REAL

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,456

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4794027
  • Attribution Contact: 973-270-0303
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 27, 2018
Sold by
Mm Home Construction Llc
Bought by
Nunez Cespedes Jose Antonio and Cespedes Lourdes Sureya
Seller's Agent
Fausto Codio
A 2ND CHANCE GROUP REALTY
Buyer's Agent
Peter Tlatelpa
REAL
List Price
$435,000
Sold Price
$380,000
Premium/Discount to List
-$55,000
-12.64%
Current Estimated Value
$641,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,733
Avg. Annual Appreciation
7.46%
Original Mortgage
$372,939
Outstanding Balance
$330,630
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$311,103

Purchase Details

Closed on
Oct 24, 2017
Sold by
Us Bank Na
Bought by
Mm Home Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2017
Sold by
Williams Sheila
Bought by
U S Bank N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2008
Sold by
Williams Jeffrey L and Williams Sheila
Bought by
Williams Shelia and Williams Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,390
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1999
Sold by
Green Dorothy P
Bought by
Williams Jeffrey L and Williams Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,886
Interest Rate
7.04%
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
Nunez Cespedes Jose Antonio $380,000 Foundation Title Llc
Mm Home Construction Llc $130,100 Main Street Title
U S Bank N A -- Terra Abstract Inc
Williams Shelia -- --
Williams Jeffrey L $129,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Cespedes Jose Antonio $372,939
Previous Owner Mm Home Construction Llc $163,000
Previous Owner Williams Shelia $229,390
Previous Owner Williams Jeffrey L $128,886
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2018 08/21/18 Sold $380,000 -12.6% --
04/18/2018 04/18/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $435,000 -- --
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 $12,456 $302,100 $78,200 $223,900
2024 $12,096 $302,100 $78,200 $223,900
2022 $11,734 $302,100 $78,200 $223,900
2021 $8,178 $217,500 $78,200 $139,300
2020 $8,115 $217,500 $78,200 $139,300
2019 $7,997 $217,500 $78,200 $139,300
2018 $8,509 $236,500 $78,200 $158,300
2017 $8,247 $236,500 $78,200 $158,300
2016 $7,965 $236,500 $78,200 $158,300
2015 $9,088 $120,000 $57,600 $62,400
2014 $8,921 $120,000 $57,600 $62,400
Source: Public Records

Agents Affiliated with this Home

  • Fausto Codio

    Seller's Agent in 2018

    Fausto Codio

    A 2ND CHANCE GROUP REALTY

    (973) 270-0307

    1 in this area

    23 Total Sales

    Fausto Codio
    Section Image
  • Peter Tlatelpa

    Buyer's Agent in 2018

    Peter Tlatelpa

    REAL

    (201) 286-7613

    6 in this area

    128 Total Sales

    Peter Tlatelpa
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3461282

Garden State MLS

APN: 07-02175-02-00107

New Jersey Passaic County Passaic 07055

356 Sherman St Unit 2, Passaic, NJ

Not Listed for Sale

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