NOT LISTED FOR SALE

9 Park Place Paterson, NJ 07524

Riverside Neighborhood

Estimated Value: $444,000 - $620,000

-- Bed
-- Bath
1,830 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $250,000 $137 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,542/month

146 Days on Market

About This Home

As of March 2020

This home is located at 9 Park Place, Paterson, NJ 07524 since 04 October 2019 and is currently estimated at $530,873, approximately $290 per square foot. 9 Park Place is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

Last Agent to Sell the Property

Nicholas Tselepis

NICHOLAS REAL ESTATE AGENCY Brokerage Phone: 973-340-1202 Listed on: 10/04/2019

Last Buyer's Agent

EDIS THEN

REALTY ONE GROUP LEGEND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,728

Lot Details

  • 1,742 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,728

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 9
  • I D: 4936096
  • Modified: 2021-03-27
  • Number Images: 1
  • Attribution Contact: 973-340-1202
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 23X80
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Mar 26, 2020
Sold by
Pena Porfirlo
Bought by
Sosa Luis
Seller's Agent
Nicholas Tselepis
NICHOLAS REAL ESTATE AGENCY
Buyer's Agent
EDIS THEN
REALTY ONE GROUP LEGEND
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$530,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,873
Avg. Annual Appreciation
13.94%
Original Mortgage
$245,471
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2008
Sold by
Pena Porfirio
Bought by
Pena Porfirio and Pena Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,766
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Obeji Loretta
Bought by
Pena Porfirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.01%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Sosa Luis $250,000 Chicago Title Insurance Co
Pena Porfirio -- --
Pena Porfirio $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sosa Luis $245,471
Previous Owner Pena Porfirio $271,766
Previous Owner Pena Porfirio $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $250,000 -3.8% $137 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $260,000 -- $142 / 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 $8,728 $171,300 $25,700 $145,600
2024 $8,399 $171,300 $25,700 $145,600
2022 $7,952 $171,300 $25,700 $145,600
2021 $7,667 $171,300 $25,700 $145,600
2020 $7,152 $171,300 $25,700 $145,600
2019 $6,929 $167,600 $25,400 $142,200
2018 $6,498 $150,200 $25,300 $124,900
2017 $6,203 $149,100 $25,200 $123,900
2016 $6,734 $155,200 $24,200 $131,000
2015 $6,376 $155,200 $24,200 $131,000
2014 $9,364 $322,900 $150,500 $172,400
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Tselepis

    Seller's Agent in 2020

    Nicholas Tselepis

    NICHOLAS REAL ESTATE AGENCY

    (973) 340-1202

    17 in this area

    161 Total Sales

    Nicholas Tselepis
    Section Image

  • E

    Buyer's Agent in 2020

    EDIS THEN

    REALTY ONE GROUP LEGEND

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Map

Source: Garden State MLS

MLS Number: 3592552

Garden State MLS

APN: 08-02915-0000-00005

New Jersey Passaic County Paterson 07524 Riverside

9 Park Place, Paterson, NJ

This home is located at 9 Park Place, Paterson, NJ 07524 since 04 October 2019 and is currently estimated at $530,873, approximately $290 per square foot. 9 Park Place is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Dr. Frank Napier, Jr. School of Technology.

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