Seller's Agent in 2019
Jo-Anne Mitchell
PROMINENT PROPERTIES SIR
(973) 493-7160
16 Total Sales
562 Summer St Paterson, NJ 07501
Eastside NeighborhoodEstimated Value: $488,000 - $604,010
Studio
--
Bath
2,016
Sq Ft
$264/Sq Ft
Est. Value
About This Home
As of August 2019This home is located at 562 Summer St, Paterson, NJ 07501 since 29 April 2019 and is currently estimated at $531,670, approximately $263 per square foot. 562 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 Public School No. 3.
Last Agent to Sell the Property
PROMINENT PROPERTIES SIR Brokerage Phone: 973-838-1001 Listed on: 04/29/2019
Last Buyer's Agent
PROMINENT PROPERTIES SIR Brokerage Phone: 973-838-1001 Listed on: 04/29/2019
Property Details
Home Type
- Multi-Family
Lot Details
- 2,614 Sq Ft Lot
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2020
Sold by
Nj Premier Property Llc
Bought by
Premier Property Of Summer Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.65%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 29, 2019
Closed on
Jul 23, 2019
Sold by
Us Bank Trust Na
Bought by
Nj Premier Property Llc
Seller's Agent
Jo-Anne Mitchell
PROMINENT PROPERTIES SIR
Buyer's Agent
Jo-Anne Mitchell
PROMINENT PROPERTIES SIR
List Price
$112,000
Sold Price
$130,000
Premium/Discount to List
$18,000
16.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.45%
Original Mortgage
$238,000
Interest Rate
3.8%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 28, 2017
Sold by
Talledo Alfredo and Talledo Marisol
Bought by
Lsf9 Master Participation Trust and Us Ban Na
Purchase Details
Closed on
Feb 24, 2003
Sold by
Amaud Margarita
Bought by
Talledo Alfredo and Talledo Marisol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Interest Rate
5.98%
Purchase Details
Closed on
Aug 25, 1999
Sold by
Estevez Bartola
Bought by
Arnaud Margarita and Capellan Raul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,763
Interest Rate
7.65%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Premier Property Of Summer Llc | -- | All Pro Title Group Llc | |
| Premier Property Of Summer Llc | -- | None Listed On Document | |
| Nj Premier Property Llc | $130,000 | All Pro Title Group Llc | |
| Lsf9 Master Participation Trust | -- | None Available | |
| Talledo Alfredo | $475,000 | -- | |
| Arnaud Margarita | $145,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Premier Property Of Summer Llc | $280,000 | |
| Previous Owner | Nj Premier Property Llc | $238,000 | |
| Previous Owner | Talledo Alfredo | $168,150 | |
| Previous Owner | Arnaud Margarita | $143,763 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2019 08/14/19 | Sold | $130,000 | +16.1% | $64 / Sq Ft |
| 05/07/2019 05/07/19 | Pending | -- | -- | -- |
| 04/29/2019 04/29/19 | For Sale | $112,000 | -- | $56 / Sq Ft |
Source: Garden State 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 | $6,883 | $135,100 | $17,500 | $117,600 |
| 2024 | $6,624 | $135,100 | $17,500 | $117,600 |
| 2022 | $6,271 | $135,100 | $17,500 | $117,600 |
| 2021 | $6,047 | $135,100 | $17,500 | $117,600 |
| 2020 | $5,640 | $135,100 | $17,500 | $117,600 |
| 2019 | $5,465 | $132,200 | $17,300 | $114,900 |
| 2018 | $5,637 | $130,300 | $17,200 | $113,100 |
| 2017 | $5,375 | $129,200 | $17,100 | $112,100 |
| 2016 | $5,923 | $136,500 | $18,000 | $118,500 |
| 2015 | $5,607 | $136,500 | $18,000 | $118,500 |
| 2014 | $8,393 | $289,400 | $108,500 | $180,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jo-Anne Mitchell
Map
Source: Garden State MLS
MLS Number: 3552081
APN: 08-06301-0000-00025
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