408 Totowa Ave Paterson, NJ 07502
Totowa Section NeighborhoodEstimated 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
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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