NOT LISTED FOR SALE

490 Union Ave Paterson, NJ 07522

Prospect Park Neighborhood

Estimated Value: $585,000 - $781,000

2 Beds
1 Bath
2,943 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 490 Union Ave, Paterson, NJ 07522 and is currently estimated at $649,863, approximately $220 per square foot. 490 Union 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
May 19, 2015
Sold by
Miah Rakib
Bought by
Subhan Raihan and Ahmed Shumon
Current Estimated Value
$649,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,370
Outstanding Balance
$191,873
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$457,990

Purchase Details

Closed on
Aug 31, 2010
Sold by
Ahmed Shamim
Bought by
Miah Rakib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,940
Interest Rate
4.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2006
Sold by
Mercede Mercedes Aspillaga Nka
Bought by
Ahmed Shamim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,900
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 1996
Sold by
Paissides Costa Joann
Bought by
Aspillaga Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.48%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Subhan Raihan $249,900 Agent For Fidelity Natl Titl
Miah Rakib $155,000 --
Ahmed Shamim $370,000 --
Aspillaga Mercedes $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subhan Raihan $75,000
Closed Ahmed Shumon $71,517
Open Subhan Raihan $245,370
Previous Owner Miah Rakib $152,940
Previous Owner Ahmed Shamim $377,958
Previous Owner Ahmed Shamim $294,900
Previous Owner Aspillaga Mercedes $124,029
Previous Owner Aspillaga Mercedes $126,000
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 $13,380 $272,900 $32,000 $240,900
2022 $12,668 $272,900 $32,000 $240,900
2021 $12,215 $272,900 $32,000 $240,900
2020 $11,394 $272,900 $32,000 $240,900
2019 $10,951 $264,900 $29,600 $235,300
2018 $10,214 $236,100 $29,300 $206,800
2017 $9,743 $234,200 $29,100 $205,100
2016 $10,735 $247,400 $30,600 $216,800
2015 $10,163 $247,400 $30,600 $216,800
2014 $10,240 $353,100 $127,300 $225,800
Source: Public Records

Map

New Jersey Passaic County Paterson 07522 Prospect Park

490 Union Ave, Paterson, NJ

This home is located at 490 Union Ave, Paterson, NJ 07522 and is currently estimated at $649,863, approximately $220 per square foot. 490 Union 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.

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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