NOT LISTED FOR SALE

623 E 27th St Unit 625 Paterson, NJ 07504

Eastside Neighborhood

Estimated Value: $545,276 - $699,000

7 Beds
4 Baths
2,058 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $360,000 $175 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,716/month

43 Days on Market

Highlights

  • Property is near a park
  • Attached Garage
  • Baseboard Heating

About This Home

As of September 2017

BEAUTIFUL, FULLY RENOVATED 2 FAMILY HOME LOCATED IN THE EAST SIDE OF PATERSON. GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, WOOD FLOORS... CLOSE TO EVERYTHING INCLUDING MAJOR HIGHWAYS.

Last Listed By

Juaquanna Gaines

Essential Real Estate Listed on: 07/06/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,730

Year Built

  • 1939

Lot Details

  • 3,302 Sq Ft Lot
  • Irregular Lot

Parking

  • Attached Garage

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 160803809 00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,730

Year Built

1939

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: None
  • Year Built (Public Record): 1900-1939
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Full, Unfinished
  • Basement: CAN BE FINISHED, FULL BATH WAS STARTED.
  • Laundry: Hook Ups, In Unit

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: Attached, 2 Car

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: None

Lot Info

  • County Name: PASSAIC
  • Lot: 00017
  • Estimated Lot Sq Ft: 3302
  • Lot Description: Irregular

Tax Info

  • Tax: 8730
  • Assessor Parcel Number: 160803809 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Sep 7, 2017
Sold by
Arwen Deveopment Llc
Bought by
Campos Linares Albelino
Seller's Agent
Juaquanna Gaines
Essential Real Estate
Buyer's Agent
Juaquanna Gaines
Essential Real Estate
List Price
$354,900
Sold Price
$360,000
Premium/Discount to List
$5,100
1.44%
Total Days on Market
43
Current Estimated Value
$627,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,319
Avg. Annual Appreciation
7.49%
Original Mortgage
$252,000
Outstanding Balance
$212,937
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$414,382

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 2, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Areen Development Limited Liability
Seller's Agent
Don Fanelli
Coldwell Banker, Wayne
Buyer's Agent
Juaquanna Gaines
Essential Real Estate
List Price
$164,900
Sold Price
$163,000
Premium/Discount to List
-$1,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
803.39%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Russell Owens Winsome E and Russell Lawrence
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 24, 2005
Sold by
Gayle Lorna V
Bought by
Owens Winsome E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,400
Interest Rate
5.83%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Steinberg Jerome
Bought by
Owens Dave and Owens Winsome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%

Purchase Details

Closed on
Oct 16, 2003
Sold by
Wilson Aubrey
Bought by
Steinberg Jerome and Steinberg Kathie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Linder Jerry
Bought by
Alvarado Then Altagracia and Alvarado Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.7%

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
Campos Linares Albelino $360,000 Foundation Title Llc
Areen Development Limited Liability -- None Available
Federal Home Loan Mortgage Corporation $392,795 None Available
Owens Winsome E $70,000 --
Owens Dave $840,000 --
Steinberg Jerome $200,000 --
Alvarado Then Altagracia $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Linares Albelino $252,000
Previous Owner Owens Winsome E $277,400
Previous Owner Owens Dave $200,000
Previous Owner Steinberg Jerome $160,000
Previous Owner Alvarado Then Altagracia $136,800
Previous Owner Linder Jerry William $108,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2017 09/18/17 Sold $360,000 +1.4% $175 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $354,900 +117.7% $172 / Sq Ft
05/08/2017 05/08/17 Sold $163,000 -1.2% $79 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $164,900 -- $80 / Sq Ft
Source: New Jersey 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 $14,449 $294,700 $53,500 $241,200
2022 $13,680 $294,700 $53,500 $241,200
2021 $13,191 $294,700 $53,500 $241,200
2020 $12,304 $294,700 $53,500 $241,200
2019 $11,910 $288,100 $52,500 $235,600
2018 $12,273 $283,700 $51,900 $231,800
2017 $8,228 $197,800 $51,500 $146,300
2016 $8,730 $201,200 $46,500 $154,700
2015 $8,265 $201,200 $46,500 $154,700
2014 $11,327 $390,600 $159,000 $231,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1727488

New Jersey MLS

APN: 08-03809-0000-00017