NOT LISTED FOR SALE

8 Colonial Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $351,000 - $499,295

3 Beds
2 Baths
793 Sq Ft
$543/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $167,000 $211 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $2,880/month

142 Days on Market

Highlights

  • Above Ground Pool
  • Breakfast Room
  • Patio
  • Ranch Style House
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of October 2016

Comes with washer and dryer, stove, fridge, living room AC, 3 Sheds in backyard, and above ground pool.

Last Buyer's Agent

Pablo Lopez

NEXTHOME ROYAL LION REALTY

NEXTHOME ROYAL LION REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Home Design

  • Ranch Style House
  • Composition Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Breakfast Room
  • Family or Dining Combination
  • Carbon Monoxide Detectors
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 1 Car Garage
  • Parking Garage Space

Outdoor Features

  • Above Ground Pool
  • Patio

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil Below Ground
  • Underground Utilities

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2508-01004-0000-00022-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,837

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1952
  • County Name: Passaic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Dryer
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Laundry Room
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Ground Level Rooms: Bath(s) Other, 2 Bedrooms, Breakfast Room, LivDinRm

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Patio, Metal Fence
  • Pool: Yes
  • Pool Description: Above Ground
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Garage Parking
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Oil Tank Below Ground
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Lot Info

  • Lot Size: 50X102
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 5837
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2508-01004-0000-00022-0000-
  • Tax Rate Amount: 4.108
  • Tax Rate Tax: *
  • Tax Year Tax: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2017
Sold by
Ochoa Luna Nancy
Bought by
Ochoa Luna Nancy and Ochoa Luna Rosemberg
Current Estimated Value
$430,574

Purchase Details

Listed on
Mar 7, 2016
Closed on
Oct 11, 2016
Sold by
Pop Lourdes P
Bought by
Ochoa Luna Nancy
Buyer's Agent
Pablo Lopez
NEXTHOME ROYAL LION REALTY
List Price
$185,000
Sold Price
$167,000
Premium/Discount to List
-$18,000
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$135,938
Outstanding Balance
$109,971
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$320,603

Purchase Details

Closed on
Jun 24, 2002
Sold by
Acevedo Edwin
Bought by
Pop Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.79%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Cardona Dolores
Bought by
Acevedo Edwin and Acevedo Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ochoa Luna Nancy -- Fidelity Natl Title Ins Co
Ochoa Luna Nancy $167,000 Fidelity Nat Title Ins Co
Pop Lourdes $145,000 --
Acevedo Edwin $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Luna Nancy $135,938
Previous Owner Pop Lourdes $137,750
Previous Owner Acevedo Edwin $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $167,000 -9.7% $211 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $185,000 -- $233 / 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
2025 $7,403 $145,300 $69,600 $75,700
2024 $7,124 $145,300 $69,600 $75,700
2022 $6,745 $145,300 $69,600 $75,700
2021 $6,504 $145,300 $69,600 $75,700
2020 $6,066 $145,300 $69,600 $75,700
2019 $5,883 $142,300 $68,300 $74,000
2018 $6,074 $140,400 $67,600 $72,800
2017 $5,745 $138,100 $67,100 $71,000
2016 $6,166 $142,100 $74,500 $67,600
2015 $5,837 $142,100 $74,500 $67,600
2014 $7,755 $267,400 $183,000 $84,400
Source: Public Records

Agents Affiliated with this Home

  • Pablo Lopez

    Buyer's Agent in 2016

    Pablo Lopez

    NEXTHOME ROYAL LION REALTY

    (973) 277-0417

    1 in this area

    17 Total Sales

    Pablo Lopez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3290290

Garden State MLS

APN: 08-01004-0000-00022

New Jersey Passaic County Paterson 07502 Totowa Section

8 Colonial Ave, Paterson, NJ

Not Listed for Sale

Detached

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