NOT LISTED FOR SALE

Estimated Value: $544,000 - $690,000

8 Beds
3 Baths
-- Sq Ft
2,252 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $400,000

Est. 47% increase in value since last sale

Current estimated payment $4,245/month

125 Days on Market

About This Home

As of August 2020

Come See this is Amazing multi-family rental Property! Built in 2007, this offers 2 Units along with a finished basement. For investors and movers alike, its great Rent Roll! Built in 2007, this offers 2 Units along with a finished basement. For investors, it's a great Rent Roll! For Movers looking to make it their residence, pay a reduced mortgage payment with the rental income you receive! Come see this beautiful home as soon as you can! Second Floor already rented and rent rolling!

Last Listed By

Jorge Ventura

Prestige Property Group - Montclair Listed on: 03/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,513

Lot Details

  • 2,252 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 2000s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 160804107 00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,513

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: None
  • Views/Exposure: None
  • Year Built: 2000's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Finished
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Heat
  • Cooling: Central Air, Multi-Zone

Lot Info

  • County Name: PASSAIC
  • Lot: 00002
  • Estimated Lot Sq Ft: 2252
  • Lot Description: Regular

Tax Info

  • Tax: 9513
  • Assessor Parcel Number: 160804107 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 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%
Total Days on Market
125
Current Estimated Value
$586,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,567
Avg. Annual Appreciation
8.41%
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

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
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% --
07/20/2020 07/20/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $415,000 0.0% --
06/12/2020 06/12/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $415,000 -- --
Source: New Jersey 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 $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

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Map

Source: New Jersey MLS

MLS Number: 20011514

New Jersey MLS

APN: 08-04107-0000-00002