NOT LISTED FOR SALE

38 Manchester Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $551,000 - $646,000

Studio
-- Bath
1,564 Sq Ft
$388/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2023

Last sale price $500,000 $320 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,082 / mo

26 Days on Market

About This Home

As of January 2023

This home is located at 38 Manchester Ave, Paterson, NJ 07502 since 10 September 2022 and is currently estimated at $607,229, approximately $388 per square foot. This property was built in 1940. 38 Manchester Ave 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.

Last Agent to Sell the Property

Guido Barrantes

PROMISE LAND REALTY Brokerage Phone: 973-253-7330 Listed on: 09/10/2022

Last Buyer's Agent

DAHIANA E PAYANO

REAL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • I D: 5178096
  • Attribution Contact: 973-253-7330
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Jan 13, 2023
Sold by
Bought by
Seller's Agent
Guido Barrantes
PROMISE LAND REALTY
Buyer's Agent
DAHIANA E PAYANO
REAL
List Price
$480,000
Sold Price
$500,000
Premium/Discount to List
$20,000
4.17%
Views
7
Current Estimated Value
$607,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,229
Avg. Annual Appreciation
5.81%
Original Mortgage
$483,312
Outstanding Balance
$468,063
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$139,166

Purchase Details

Closed on
Feb 23, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,461
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
9.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,225
Interest Rate
6.3%

Purchase Details

Closed on
May 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.34%

Purchase Details

Closed on
Mar 19, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

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

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Passaic Valley Title Service
-- --
$71,000 --
$315,000 --
$429,662 --
$400,000 --
$202,500 --
$170,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $483,312
Previous Owner $288,461
Previous Owner $400,000
Previous Owner $180,225
Previous Owner $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $500,000 0.0% $320 / Sq Ft
12/11/2022 12/11/22 Price Changed $500,000 +4.2% $320 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/10/2022 09/10/22 For Sale $480,000 -- $307 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,701 $190,400 $44,400 $146,000
2024 $9,335 $190,400 $44,400 $146,000
2022 $8,838 $190,400 $44,400 $146,000
2021 $8,522 $190,400 $44,400 $146,000
2020 $7,949 $190,400 $44,400 $146,000
2019 $7,594 $183,700 $41,100 $142,600
2018 $7,834 $181,100 $40,700 $140,400
2017 $7,471 $179,600 $40,400 $139,200
2016 $7,745 $178,500 $42,500 $136,000
2015 $7,333 $178,500 $42,500 $136,000
2014 $10,008 $345,100 $169,300 $175,800
Source: Public Records

Agents Affiliated with this Home

  • Guido Barrantes

    Seller's Agent in 2023

    Guido Barrantes

    PROMISE LAND REALTY

    (973) 767-4157

    2 in this area

    16 Total Sales

    Guido Barrantes
    Section Image

  • D

    Buyer's Agent in 2023

    DAHIANA E PAYANO

    REAL

See All Agents

Map

Source: Garden State MLS

MLS Number: 3806725

Garden State MLS

APN: 08-00923-0000-00045

New Jersey Passaic County Paterson 07502 Totowa Section

38 Manchester Ave, Paterson, NJ

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