NOT LISTED FOR SALE

491 Summer St Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $186,000 - $611,000

0.06 Acre
$6,572,217 Price per Acre
2,614 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $110,000 $63 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $2,239/month

35 Days on Market

About This Lot

As of April 2021

This home is located at 491 Summer St, Paterson, NJ 07501 since 25 March 2021 and is currently estimated at $394,333, approximately $224 per square foot. 491 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

ERIC GUEVARA

EREALTY Listed on: 03/25/2021

Last Buyer's Agent

Nancy Pavic

CASA REAL PROPERTY GROUP LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,074

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,074

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5058149
  • Modified: 2022-05-01
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 30, 2021
Sold by
Nunez Camilo
Bought by
Cordova Jose and Pavic Nancy
Seller's Agent
ERIC GUEVARA
EREALTY
Buyer's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
List Price
$84,900
Sold Price
$110,000
Premium/Discount to List
$25,100
29.56%
Current Estimated Value
$394,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,333
Avg. Annual Appreciation
30.20%

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 23, 2018
Sold by
Huanca Ygnacia
Bought by
Nunez Camilo
Seller's Agent
ERIC GUEVARA
EREALTY
Buyer's Agent
ERIC GUEVARA
EREALTY
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Robinson Dorothy
Bought by
Huanca Ygnacia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2002
Sold by
Barna Norman
Bought by
Robinson Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.55%

Purchase Details

Closed on
Feb 28, 2000
Sold by
Serna Luz
Bought by
Rodriguez Manuel

Purchase Details

Closed on
Feb 22, 2000
Sold by
Amaro Miguel and Amaro Maria
Bought by
Associates Home Equity Services Inc and Ford Consumer Finance Company Inc
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Cordova Jose $110,000 Chancellor Title Agency Inc
Nunez Camilo $99,000 None Available
Huanca Ygnacia $329,000 --
Robinson Dorothy $290,000 --
Rodriguez Manuel $114,000 --
Associates Home Equity Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ec Properties Holdings Limited $360,000
Previous Owner Huanca Ygnacia $349,818
Previous Owner Huanca Ygnacia $263,200
Previous Owner Robinson Dorothy $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $110,000 +29.6% $63 / Sq Ft
03/25/2021 03/25/21 For Sale $84,900 -14.2% $48 / Sq Ft
07/23/2018 07/23/18 Sold $99,000 0.0% $56 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
06/12/2017 06/12/17 For Sale $99,000 -- $56 / 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
2024 $1,074 $21,900 $21,900 $0
2022 $1,017 $21,900 $21,900 $0
2021 $6,736 $150,500 $21,900 $128,600
2020 $6,283 $150,500 $21,900 $128,600
2019 $6,085 $147,200 $21,600 $125,600
2018 $6,277 $145,100 $21,500 $123,600
2017 $5,995 $144,100 $21,400 $122,700
2016 $6,600 $152,100 $22,500 $129,600
2015 $6,248 $152,100 $22,500 $129,600
2014 $8,149 $281,000 $108,500 $172,500
Source: Public Records

Agents Affiliated with this Home

  • ERIC GUEVARA

    Seller's Agent in 2021

    ERIC GUEVARA

    EREALTY

    (973) 216-9270

    2 in this area

    52 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Nancy Pavic

    CASA REAL PROPERTY GROUP LLC

    (973) 684-1110

    52 in this area

    220 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3700542

Garden State MLS

APN: 08-06315-0000-00005

New Jersey Passaic County Paterson 07501 Eastside

491 Summer St, Paterson, NJ

This home is located at 491 Summer St, Paterson, NJ 07501 since 25 March 2021 and is currently estimated at $394,333, approximately $224 per square foot. 491 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.

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