NOT LISTED FOR SALE

Estimated Value: $538,000 - $683,000

6 Beds
3 Baths
2,753 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $395,000 $143 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,140/month

17 Days on Market

Highlights

  • Property is near a park
  • Laundry Facilities
  • Rectangular Lot

About This Home

As of March 2020

Become a landlord and stop paying rent with large two family on a quiet street in Paterson. Whether your looking to live in it, or invest in the area, this property will meet all your needs! Set your showings soon!

Last Agent to Sell the Property

Justin Fallas

EXP Realty, LLC Listed on: 01/25/2020

EXP Realty, LLC

Last Buyer's Agent

Rosalinda Warner

Unicasa Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,256

Lot Details

  • 2,901 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Location

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 160803917 00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,256

Lot Details

0

Listing Details

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

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full, Partial
  • Basement: Full,Partial
  • Laundry: Basement

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: PASSAIC
  • Lot: 00005
  • Estimated Lot Sq Ft: 2901
  • Lot Description: Regular

Tax Info

  • Tax: 9256
  • Assessor Parcel Number: 160803917 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Mar 20, 2020
Sold by
Colon Ynes Balerio Mercado and Garcia Marinely Mercado
Bought by
Villalona Franklin and Villalona Jose S
Seller's Agent
Justin Fallas
EXP Realty, LLC
Buyer's Agent
Rosalinda Warner
Unicasa Union Realty
List Price
$360,000
Sold Price
$395,000
Premium/Discount to List
$35,000
9.72%
Total Days on Market
17
Current Estimated Value
$603,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,850
Avg. Annual Appreciation
8.50%
Original Mortgage
$387,845
Outstanding Balance
$346,372
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$257,478

Purchase Details

Closed on
Jan 31, 2017
Sold by
Galvez Rafael E and Santos Anell M
Bought by
Colon Ynes Balerio Mercado and Garcia Marinely Mercado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,631
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2006
Sold by
Tupete Elvira
Bought by
Rodriguez Vidalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2002
Sold by
Rivers Wl
Bought by
Tupete Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,523
Interest Rate
6.16%
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
Villalona Franklin $395,000 Main Street Title
Colon Ynes Balerio Mercado $186,000 Monument Title Agency Llc
Rodriguez Vidalina $335,000 --
Tupete Elvira $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalona Franklin $387,845
Previous Owner Colon Ynes Balerio Mercado $182,631
Previous Owner Rodriguez Vidalina $268,000
Previous Owner Tupete Elvira $221,523
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $395,000 +9.7% $143 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $360,000 +105.7% $131 / Sq Ft
02/27/2014 02/27/14 Sold $175,000 -- $64 / 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 $11,228 $229,000 $53,600 $175,400
2022 $10,630 $229,000 $53,600 $175,400
2021 $10,250 $229,000 $53,600 $175,400
2020 $9,561 $229,000 $53,600 $175,400
2019 $9,256 $223,900 $52,500 $171,400
2018 $9,539 $220,500 $51,900 $168,600
2017 $9,102 $218,800 $51,500 $167,300
2016 $9,602 $221,300 $44,500 $176,800
2015 $9,091 $221,300 $44,500 $176,800
2014 $12,447 $429,200 $156,800 $272,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20003421

New Jersey MLS

APN: 08-03917-0000-00005