Seller's Agent in 2021
Tarek Hassieb
LIBERTY REALTY LLC
(201) 725-4628
1 in this area
135 Total Sales
526 Summer St Paterson, NJ 07501
Eastside NeighborhoodEstimated Value: $585,000 - $774,000
6
Beds
3
Baths
--
Sq Ft
2,483
Sq Ft Lot
Highlights
- Colonial Architecture
- Living Room
- Dining Room
- 3 Car Attached Garage
- Central Air
About This Home
As of January 2021When income producing multifamily's priced "wallet friendly" like 526 Summer street hit the market, it's hard not to consider it an option. Here's what $379k gets you: 2 separate apartments, up to 6 bedrooms, 3 full baths, separate utilities, central air, hardwood and ceramic tiled floors, open layouts, garage and driveway parking, yard, and much more. Get $32,400 gross rents and the home can be delivered vacant. Close to shopping, parks, schools, restaurants, houses of worship, and major highways. Hold on to this one, but you'll have to buy it first. So make that phone call and book your safe and easy showing today!
Last Agent to Sell the Property
LIBERTY REALTY LLC License #1648869 Listed on: 10/02/2020
Last Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,698
Lot Details
- Lot Dimensions are 25 x 100
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Aluminum Siding
Interior Spaces
- Living Room
- Dining Room
- Finished Basement
- 2 Bedrooms in Basement
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- Exclusions: All personal property
- Legal Lot and Block 00026 / 6302
- Assessor Parcel Number 26063
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2020
Closed on
Jan 8, 2021
Sold by
Sutovic Velisa
Bought by
Polanco Giancarlo
Seller's Agent
Tarek Hassieb
LIBERTY REALTY LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$379,000
Sold Price
$395,000
Premium/Discount to List
$16,000
4.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,649
Avg. Annual Appreciation
11.60%
Original Mortgage
$387,845
Outstanding Balance
$345,909
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$312,740
Purchase Details
Closed on
May 19, 2010
Sold by
526 Summer Street Development Llc
Bought by
Sutovic Velisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.75%
Mortgage Type
Balloon
Purchase Details
Closed on
Sep 3, 2009
Sold by
Sutovic Velisa and Sutovic Vesko
Bought by
526 Summer Street Development Llc
Purchase Details
Closed on
Apr 3, 2009
Sold by
Federal National Mortgage Association
Bought by
Sutovic Velisa and Sutovic Vesko
Purchase Details
Closed on
Sep 8, 2008
Sold by
Jerry Speziale Passaic Cnty Sheriff
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 28, 2005
Sold by
Bella Italia Construction Inc
Bought by
Paulino Esperanza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
5.82%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 31, 2005
Sold by
Frandrea Co Llc
Bought by
Bella Italia Construction Inc
Purchase Details
Closed on
Jul 30, 1998
Sold by
Realty Asset Properties Ltd
Bought by
Njbp Inc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Polanco Giancarlo | $395,000 | Residential Com Ttl Agcy Llc | |
| Polanco Giancarlo | $395,000 | Residential Commercial Title | |
| Sutovic Velisa | -- | -- | |
| 526 Summer Street Development Llc | -- | -- | |
| Sutovic Velisa | $236,250 | -- | |
| Federal National Mortgage Association | $293,339 | -- | |
| Paulino Esperanza | $354,000 | -- | |
| Bella Italia Construction Inc | $33,000 | -- | |
| Njbp Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Polanco Giancarlo | $39,847 | |
| Open | Polanco Giancarlo | $387,845 | |
| Closed | Polanco Giancarlo | $387,845 | |
| Previous Owner | Sutovic Velisa | $174,000 | |
| Previous Owner | Paulino Esperanza | $70,800 | |
| Previous Owner | Paulino Esperanza | $283,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2021 01/13/21 | Sold | $395,000 | +4.2% | -- |
| 10/29/2020 10/29/20 | Pending | -- | -- | -- |
| 10/02/2020 10/02/20 | For Sale | $379,000 | -- | -- |
Source: Hudson County MLS
Tax History Compared to Growth
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 | $10,964 | $215,200 | $21,900 | $193,300 |
| 2024 | $10,551 | $215,200 | $21,900 | $193,300 |
| 2022 | $9,990 | $215,200 | $21,900 | $193,300 |
| 2021 | $9,632 | $215,200 | $21,900 | $193,300 |
| 2020 | $8,985 | $215,200 | $21,900 | $193,300 |
| 2019 | $8,698 | $210,400 | $21,600 | $188,800 |
| 2018 | $8,968 | $207,300 | $21,500 | $185,800 |
| 2017 | $8,557 | $205,700 | $21,400 | $184,300 |
| 2016 | $9,424 | $217,200 | $22,500 | $194,700 |
| 2015 | $8,923 | $217,200 | $22,500 | $194,700 |
| 2014 | $9,860 | $340,000 | $92,300 | $247,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tarek Hassieb
-
N
Buyer's Agent in 2021
NON-MEMBER NON-MEMBER
NON-MEMBER
Map
Source: Hudson County MLS
MLS Number: 202022313
APN: 08-06302-0000-00026
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