NOT LISTED FOR SALE

482 Summer St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $596,000 - $608,015

5 Beds
3 Baths
1,620 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $440,000 $272 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,415/month

60 Days on Market

About This Home

As of December 2021

This home is located at 482 Summer St, Paterson, NJ 07501 since 06 October 2021 and is currently estimated at $602,008, approximately $371 per square foot. 482 Summer St 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

Vinnell Josephs

EXP Realty, LLC Listed on: 10/06/2021

EXP Realty, LLC

Last Buyer's Agent

Michael Wilches

Real

Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,192

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00015 / 06303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,192

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 866-201-6210
  • MLS Status: Sold - Sold
  • Directions: turn onto summer
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: Unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 5192.0
  • Tax Block: 06303
  • Tax Lot: 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 16, 2021
Sold by
482 Summer Llc
Bought by
Joseph Reuben A
Seller's Agent
Vinnell Josephs
EXP Realty, LLC
Buyer's Agent
Michael Wilches
Real
List Price
$410,000
Sold Price
$440,000
Premium/Discount to List
$30,000
7.32%
Current Estimated Value
$602,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,008
Avg. Annual Appreciation
7.33%
Original Mortgage
$432,030
Interest Rate
3.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2019
Sold by
Vasquez Carlos I
Bought by
482 Summer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2010
Sold by
Deutsche Bank National Trust Co
Bought by
Vasquez Carlos I

Purchase Details

Closed on
Feb 22, 2010
Sold by
Passaic County Sheriff
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Sep 29, 2005
Sold by
Rojas Rosario
Bought by
Fonseca Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.84%
Source: Public Records

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
Joseph Reuben A $440,000 New Title Company Name
482 Summer Llc $55,000 Clear Skies Title Agency
Vasquez Carlos I $32,500 --
Deutsche Bank National Trust Co $241,437 --
Fonseca Juan A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Reuben A $432,030
Previous Owner 482 Summer Llc $255,000
Previous Owner Inserra West Milford Ii Llc $25,000,000
Previous Owner Fonseca Juan A $216,000
Previous Owner Fonseca Juan A $40,500
Previous Owner Fonseca Juan A $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $440,000 +7.3% $272 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $410,000 -- $253 / Sq Ft
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 $1,074 $21,900 $21,900 $0
2022 $1,017 $21,900 $21,900 $0
2021 $980 $21,900 $21,900 $0
2020 $914 $21,900 $21,900 $0
2019 $5,192 $125,600 $21,600 $104,000
2018 $5,360 $123,900 $21,500 $102,400
2017 $5,113 $122,900 $21,400 $101,500
2016 $5,632 $129,800 $22,500 $107,300
2015 $5,332 $129,800 $22,500 $107,300
2014 $6,099 $210,300 $108,500 $101,800
Source: Public Records

Agents Affiliated with this Home

  • Vinnell Josephs

    Seller's Agent in 2021

    Vinnell Josephs

    EXP Realty, LLC

    (347) 988-8291

    2 in this area

    179 Total Sales

    Section Image
  • Michael Wilches

    Buyer's Agent in 2021

    Michael Wilches

    Real

    (201) 887-1723

    1 in this area

    75 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21040144

New Jersey MLS

APN: 08-06303-0000-00015

New Jersey Passaic County Paterson 07501 Eastside

482 Summer St, Paterson, NJ

This home is located at 482 Summer St, Paterson, NJ 07501 since 06 October 2021 and is currently estimated at $602,008, approximately $371 per square foot. 482 Summer St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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