NOT LISTED FOR SALE

488 E 24th St Paterson, NJ 07514

Eastside Neighborhood

Estimated Value: $606,068 - $728,000

Studio
-- Bath
1,760 Sq Ft
$374/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2017

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

Est. 218% increase in value since last sale

Current estimated payment $4,380 / mo

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 $657,767, approximately $373 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

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Nov 30, 2017
Sold by
Bought by
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
$657,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,767
Avg. Annual Appreciation
14.42%
Original Mortgage
$155,250
Outstanding Balance
$130,707
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$527,060

Purchase Details

Closed on
May 4, 2015
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 30, 2005
Sold by
Bought by

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
Bought by

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

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ICE

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$207,000 Title Agency Of New Jersey I
$215,000 Gold Crest Abstract Llc
$85,000 --
$309,000 --
$227,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $155,250
Previous Owner $1,400,000
Previous Owner $247,200
Previous Owner $218,884
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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