NOT LISTED FOR SALE

157 Paramus Rd Paramus, NJ 07652

Estimated Value: $1,090,000 - $1,760,000

5 Beds
3 Baths
4,061 Sq Ft
$359/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $600,000 $148 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $9,481/month

About This Home

As of March 2017

Impressive, elegant newer home in fabulous neighborhood with fantastic schools and easy access to everything. Spacious rooms, high ceilings, high-end custom details such as crown molding and an abundance of space ideal for entertaining. The master suite is a haven of privacy with a connected nursery/home office, massive walk in closet and spacious master bath. The backyard is seemingly endless and leads to the much-loved Saddle River walking and bike trail. A beautiful place to call home. Well behaved pets welcome, shorter term lease and furnished rental considered. Credit check and interview required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 15, 2017
Sold by
Mohammad Olfat S
Bought by
Mazhar Alikhan Mohammad and Mazhar Samina
Seller's Agent
Sharif Elatab
Coldwell Banker, Ridgewood
Buyer's Agent
Sharif Elatab
Coldwell Banker, Ridgewood
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Current Estimated Value
$1,458,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,862
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Dec 1, 2006
Sold by
Brian Mccann Esq Atty In Fact
Bought by
Mohammad Olfat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Triple B Builders Llc
Bought by
Mohammad Sharif S and Mohammad Olfat S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.83%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mazhar Alikhan Mohammad $600,000 First American Title Ins Co
Mohammad Olfat -- --
Mohammad Sharif S $835,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohammad Olfat S $100,000
Previous Owner Mohammad Olfat $50,232
Previous Owner Mohammad Olaf $830,000
Previous Owner Mohammad Olfat $50,000
Previous Owner Mohammad Sharif S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Rented $4,995 0.0% --
03/24/2019 03/24/19 For Rent $4,995 0.0% --
03/16/2017 03/16/17 Sold $600,000 -14.2% $148 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $699,000 -- $172 / Sq Ft

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 $16,710 $1,131,600 $373,400 $758,200
2023 $15,860 $1,089,300 $355,500 $733,800
2022 $15,860 $1,021,900 $332,400 $689,500
2021 $15,604 $943,400 $306,900 $636,500
2020 $15,302 $942,800 $315,000 $627,800
2019 $13,456 $725,000 $294,300 $430,700
2018 $13,289 $725,000 $294,300 $430,700
2017 $14,919 $828,400 $294,300 $534,100
2016 $14,514 $828,400 $294,300 $534,100
2015 $14,364 $828,400 $294,300 $534,100
2014 $14,240 $828,400 $294,300 $534,100
Source: Public Records

Agents Affiliated with this Home

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