NOT LISTED FOR SALE

Estimated Value: $534,000 - $710,000

6 Beds
5 Baths
2,530 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 408 Totowa Ave, Paterson, NJ 07502 and is currently estimated at $595,792, approximately $235 per square foot. 408 Totowa 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Mohammed Razzak
Bought by
Hussain Mohammed I and Ahmed Sufi
Current Estimated Value
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,406
Outstanding Balance
$319,743
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$234,542

Purchase Details

Closed on
Oct 22, 2003
Sold by
Gastello Lucy
Bought by
Hussain Akhtar and Razzak Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,200
Interest Rate
6.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hussain Mohammed I $375,000 Old Republic Title
Hussain Akhtar $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Mohammed I $343,406
Previous Owner Razzak Mohammed $182,500
Previous Owner Hussain Akhtar $184,900
Previous Owner Hussain Akhtar $182,200
Previous Owner Gastelo Lucy Alzate $66,700
Source: Public Records

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 $11,743 $239,500 $35,900 $203,600
2022 $11,118 $239,500 $35,900 $203,600
2021 $10,720 $239,500 $35,900 $203,600
2020 $9,999 $239,500 $35,900 $203,600
2019 $9,599 $232,200 $33,300 $198,900
2018 $8,985 $207,700 $32,900 $174,800
2017 $8,570 $206,000 $32,700 $173,300
2016 $9,442 $217,600 $34,400 $183,200
2015 $8,939 $217,600 $34,400 $183,200
2014 $7,166 $247,100 $122,300 $124,800
Source: Public Records

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