NOT LISTED FOR SALE

40 17th Ave Unit 2 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $563,000 - $642,000

-- Bed
3 Baths
2,052 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $400,000 $195 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,366/month

126 Days on Market

About This Home

As of August 2020

This home is located at 40 17th Ave Unit 2, Paterson, NJ 07501 since 16 March 2020 and is currently estimated at $618,913, approximately $301 per square foot. 40 17th Ave Unit 2 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

Last Agent to Sell the Property

Jorge Ventura

PRESTIGE PROPERTY GROUP MONTCLAIR Brokerage Phone: 201-592-8900 Listed on: 03/16/2020

Last Buyer's Agent

NAEEM BOUCHER

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,994

Lot Details

  • 2,178 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,994

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 40
  • I D: 4971621
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 201-592-8900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X90
  • Total Acres: 0.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Aug 31, 2020
Sold by
40 17Th Ave Llc
Bought by
Graham Latoya
Seller's Agent
Jorge Ventura
PRESTIGE PROPERTY GROUP MONTCLAIR
Buyer's Agent
NAEEM BOUCHER
EXP REALTY, LLC
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$618,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,913
Avg. Annual Appreciation
7.96%
Original Mortgage
$392,755
Outstanding Balance
$352,478
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$234,089

Purchase Details

Closed on
Dec 30, 2019
Sold by
Garcia Witin and Garcia Niurka
Bought by
40 17Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,300
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2008
Sold by
Montesino Marino D and Montesino Ana
Bought by
Garcia Witin and Garcia Niurka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,250
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
Montesino Marino
Bought by
Montesino Marino and Montesino Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,801
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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
Graham Latoya $400,000 Title Guarantee Inc
40 17Th Ave Llc $252,000 Madison Title Agency Llc
Garcia Witin $455,000 --
Montesino Marino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Latoya $392,755
Previous Owner 40 17Th Ave Llc $242,300
Previous Owner Garcia Witin $432,250
Previous Owner Montesino Marino $218,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $400,000 -3.6% $195 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $415,000 0.0% $202 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $415,000 -- $202 / 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 $11,994 $235,400 $16,500 $218,900
2024 $11,542 $235,400 $16,500 $218,900
2022 $10,927 $235,400 $16,500 $218,900
2021 $10,537 $235,400 $16,500 $218,900
2020 $9,828 $235,400 $16,500 $218,900
2019 $9,512 $230,100 $16,300 $213,800
2018 $9,803 $226,600 $16,200 $210,400
2017 $9,356 $224,900 $16,100 $208,800
2016 $10,309 $237,600 $17,000 $220,600
2015 $9,761 $237,600 $17,000 $220,600
2014 $13,137 $453,000 $13,000 $440,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jorge Ventura

    PRESTIGE PROPERTY GROUP MONTCLAIR

    (201) 682-0242

    2 in this area

    14 Total Sales

    Jorge Ventura
    Section Image

  • N

    Buyer's Agent in 2020

    NAEEM BOUCHER

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3623989

Garden State MLS

APN: 08-04107-0000-00002

New Jersey Passaic County Paterson 07501 Eastside

40 17th Ave Unit 2, Paterson, NJ

This home is located at 40 17th Ave Unit 2, Paterson, NJ 07501 since 16 March 2020 and is currently estimated at $618,913, approximately $301 per square foot. 40 17th Ave Unit 2 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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