NOT LISTED FOR SALE

523 Summer St Unit 525 Paterson, NJ 07501

Eastside Neighborhood

Estimated Value: $563,580 - $805,000

-- Bed
-- Bath
3,240 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 523 Summer St Unit 525, Paterson, NJ 07501 and is currently estimated at $626,645, approximately $193 per square foot. 523 Summer St Unit 525 is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson Public School No. 3.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Parra Maria and Parra Nelson
Bought by
Ovalle Leslie Marie
Current Estimated Value
$626,645

Purchase Details

Closed on
Jun 9, 2021
Sold by
Naut Chanel
Bought by
Parra Denise and Parra Raymond

Purchase Details

Closed on
Dec 28, 2018
Sold by
Inoa Lissette
Bought by
Parra Maria and Parra Nelson

Purchase Details

Closed on
Jul 23, 2015
Sold by
Parra Porfirio T
Bought by
Inoa Lissette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,694
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2003
Sold by
Parra Domingo
Bought by
Parra Porfirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,212
Interest Rate
6.35%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1999
Sold by
Parra Maria R and Parra Porfirio
Bought by
Parra Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,900
Interest Rate
7.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Ovalle Leslie Marie -- None Listed On Document
Parra Denise $107,000 Fidelity National Ttl Ins Co
Parra Maria -- None Available
Inoa Lissette $148,000 Attorney
Parra Porfirio $275,000 --
Parra Domingo $189,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inoa Lissette $124,694
Previous Owner Parra Poririo T $410,787
Previous Owner Parra Porfirio T $395,850
Previous Owner Parra Porfirio T $369,000
Previous Owner Parra Porfirio $251,212
Previous Owner Parra Domingo $188,900
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 $16,298 $332,400 $33,800 $298,600
2023 $15,430 $332,400 $33,800 $298,600
2022 $15,430 $332,400 $33,800 $298,600
2021 $14,878 $332,400 $33,800 $298,600
2020 $13,878 $332,400 $33,800 $298,600
2019 $13,444 $325,200 $33,500 $291,700
2018 $12,243 $283,000 $33,400 $249,600
2017 $11,685 $280,900 $33,300 $247,600
2016 $12,874 $296,700 $35,000 $261,700
2015 $12,188 $296,700 $35,000 $261,700
2014 $13,537 $466,800 $122,300 $344,500
Source: Public Records

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