NOT LISTED FOR SALE

Estimated Value: $462,093 - $525,000

7 Beds
2 Baths
2,052 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $390,000 $190 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,291/month

49 Days on Market

About This Home

As of March 2022

This home is located at 59 Sheridan Ave, Paterson, NJ 07502 since 01 December 2021 and is currently estimated at $486,273, approximately $236 per square foot. This property was built in 1940. 59 Sheridan Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

Judith Duncan-Christie

UNITED REAL ESTATE Brokerage Phone: 866-201-6210 Listed on: 12/01/2021

UNITED REAL ESTATE

Last Buyer's Agent

FAISAL AHMED

REALTY ONE GROUP SUNRISE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,531

Year Built

  • Built in 1940

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,531

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • County Name: Passaic
  • Street Number Display: 59
  • I D: 5118084
  • Modified: 2023-03-17
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • 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 1, 2021
Closed on
Mar 16, 2022
Sold by
Ferguson Donna May C and Ferguson Segundo
Bought by
Rahman Masudur and Rahman Shayla
Seller's Agent
Judith Duncan-Christie
UNITED REAL ESTATE
Buyer's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Total Days on Market
49
Current Estimated Value
$486,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,273
Avg. Annual Appreciation
7.09%
Original Mortgage
$376,983
Outstanding Balance
$355,105
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$131,168

Purchase Details

Closed on
May 10, 1999
Sold by
Belito Olga
Bought by
Ferguson Donna May C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,855
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Rahman Masudur $390,000 Old Republic Title
Ferguson Donna May C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Masudur $376,983
Previous Owner Rodriguez Donna May C $33,478
Previous Owner Ferguson Donna May C $138,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $390,000 -2.5% $190 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $400,000 -- $195 / 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 $8,531 $174,000 $44,400 $129,600
2022 $8,077 $174,000 $44,400 $129,600
2021 $7,788 $174,000 $44,400 $129,600
2020 $7,265 $174,000 $44,400 $129,600
2019 $6,933 $167,700 $41,100 $126,600
2018 $7,151 $165,300 $40,700 $124,600
2017 $6,822 $164,000 $40,400 $123,600
2016 $7,133 $164,400 $42,500 $121,900
2015 $6,754 $164,400 $42,500 $121,900
2014 $10,484 $361,500 $169,300 $192,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3754219

Garden State MLS

APN: 08-00920-0000-00009