NOT LISTED FOR SALE

Estimated Value: $410,000 - $503,000

-- Bed
-- Bath
1,716 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $205,000 $119 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,829/month

283 Days on Market

About This Home

As of November 2019

This home is located at 567 Summer St, Paterson, NJ 07501 since 08 December 2018 and is currently estimated at $461,322, approximately $268 per square foot. This property was built in 1950. 567 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

Debra Flower

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 201-796-5263 Listed on: 12/08/2018

REALTY EXECUTIVES EXCEPTIONAL

Last Buyer's Agent

Rosa Ayala

A W VANWINKLE & CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,629

Year Built

  • Built in 1950

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,629

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Passaic
  • Street Number Display: 567
  • I D: 4856883
  • Modified: 2020-11-28
  • Number Images: 1
  • Attribution Contact: 201-796-5263
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2018
Closed on
Nov 27, 2019
Sold by
Re Invest 5675 Llc
Bought by
Ayala Gerardo and Ayala Magda E
Seller's Agent
Debra Flower
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Rosa Ayala
A W VANWINKLE & CO.
List Price
$239,000
Sold Price
$205,000
Premium/Discount to List
-$34,000
-14.23%
Current Estimated Value
$418,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,018
Avg. Annual Appreciation
13.24%
Original Mortgage
$153,750
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2016
Closed on
Oct 14, 2016
Sold by
567 Summer Llc
Bought by
Re Invest 567S Llc
Seller's Agent
ROSELYS RAMIREZ
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
Debra Flower
REALTY EXECUTIVES EXCEPTIONAL
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$140,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jan 13, 2015
Sold by
Barone Thomas and Barone Joseph
Bought by
567 Summer Llc
Seller's Agent
PHILIP BARONE
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
PHILIP BARONE
REALTY EXECUTIVES EXCEPTIONAL
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%
Original Mortgage
$24,788
Interest Rate
3.84%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ayala Gerardo $205,000 Title Resources Guaranty Co
Ayala Gerardo $240,000 Hudson United Services Llc
Re Invest 567S Llc $175,000 Multiple
567 Summer Llc $60,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Gerardo $157,500
Previous Owner Ayala Gerardo $153,750
Previous Owner Re Invest 567S Llc $140,000
Previous Owner 567 Summer Llc $24,788
Previous Owner 567 Summer Llc $24,788
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $205,000 -14.2% $119 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
12/08/2018 12/08/18 For Sale $239,000 +36.6% $139 / Sq Ft
10/14/2016 10/14/16 Sold $175,000 -12.1% $102 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $199,000 +65.8% $116 / Sq Ft
01/20/2015 01/20/15 Sold $120,000 -- $70 / 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 $6,629 $135,200 $19,700 $115,500
2022 $6,276 $135,200 $19,700 $115,500
2021 $6,052 $135,200 $19,700 $115,500
2020 $5,645 $135,200 $19,700 $115,500
2019 $5,465 $132,200 $19,400 $112,800
2018 $5,637 $130,300 $19,300 $111,000
2017 $3,228 $77,600 $17,100 $60,500
2016 $3,558 $82,000 $18,000 $64,000
2015 $3,369 $82,000 $18,000 $64,000
2014 $6,383 $220,100 $108,500 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3519737

Garden State MLS

APN: 08-06317-0000-00003