NOT LISTED FOR SALE

488 E 24th St Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $571,182 - $702,000

-- Bed
-- Bath
1,760 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 08, 2017

Last sale price $207,000 $118 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,196/month

135 Days on Market

About This Home

As of December 2017

This home is located at 488 E 24th St, Paterson, NJ 07514 since 07 June 2017 and is currently estimated at $634,046, approximately $360 per square foot. 488 E 24th St is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

LINTON GAINES

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 06/07/2017

Last Buyer's Agent

ROSMIRA HINCAPIE

STAY HOME REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,180

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,180

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4721377
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Nov 30, 2017
Sold by
488 East 24Th Zlt Llc
Bought by
Grullon Guerrero Kelvin A and Grullon Kelvin A
Seller's Agent
LINTON GAINES
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
ROSMIRA HINCAPIE
STAY HOME REALTY LLC
List Price
$229,900
Sold Price
$207,000
Premium/Discount to List
-$22,900
-9.96%
Current Estimated Value
$634,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,046
Avg. Annual Appreciation
15.10%
Original Mortgage
$155,250
Outstanding Balance
$130,707
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$503,339

Purchase Details

Closed on
May 4, 2015
Sold by
919 E 24Th Llc
Bought by
488 E 24Th Zlt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2009
Sold by
Wells Fargo Bank Na
Bought by
919 E 24Th Street Llc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Lupkiewich Kirk
Bought by
Duran Octavia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2004
Sold by
Singh Bibi
Bought by
Irizarry Raquel and Lupkiewiech Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,884
Interest Rate
5.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grullon Guerrero Kelvin A $207,000 Title Agency Of New Jersey I
488 E 24Th Zlt Llc $215,000 Gold Crest Abstract Llc
919 E 24Th Street Llc $85,000 --
Duran Octavia $309,000 --
Irizarry Raquel $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grullon Guerrero Kelvin A $155,250
Previous Owner 488 E 24Th Zlt Llc $1,400,000
Previous Owner Duran Octavia $247,200
Previous Owner Irizarry Raquel $218,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $207,000 -10.0% $118 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $229,900 -- $131 / 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 $10,180 $199,800 $29,300 $170,500
2024 $9,796 $199,800 $29,300 $170,500
2022 $9,275 $199,800 $29,300 $170,500
2021 $8,943 $199,800 $29,300 $170,500
2020 $8,342 $199,800 $29,300 $170,500
2019 $8,078 $195,400 $28,800 $166,600
2018 $7,817 $180,700 $28,500 $152,200
2017 $7,459 $179,300 $28,300 $151,000
2016 $8,218 $189,400 $29,800 $159,600
2015 $7,781 $189,400 $29,800 $159,600
2014 $7,270 $250,700 $124,300 $126,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    LINTON GAINES

    NICHOLAS REAL ESTATE AGENCY

  • R

    Buyer's Agent in 2017

    ROSMIRA HINCAPIE

    STAY HOME REALTY LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3394755

Garden State MLS

APN: 08-03314-0000-00006

New Jersey Passaic County Paterson 07514 Eastside

488 E 24th St, Paterson, NJ

Not Listed for Sale

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes