NOT LISTED FOR SALE

198 Norman Way Paramus, NJ 07652

Estimated Value: $911,000 - $1,124,000

4 Beds
3 Baths
2,488 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $630,000 $253 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,599/month

160 Days on Market

Highlights

  • Views to the North
  • Deck
  • Skylights
  • Paramus High School Rated A-
  • Property is near a park
  • Fireplace

About This Home

As of October 2017

Enjoy the peaceful convenience of living in this 4-bedroom, 3-bath tri-level located on a private street only a two block walk to Van Saun County Park or the NYC Bus. A recent addition added the large family room with skylight and fireplace, 4th bedroom, and 3rd bath. Kitchen with Granite countertops, maple cabinets & stainless steel appliances. Formal dining room with sliders to deck with hot tub. Gleaming Hardwood floors on 1st floor. 3-Zone heat and Central A.C. Fully fenced private yard, Very low tax. Walk to Park and NYC Bus, close to schools, shopping. Easy access to major highways.

Last Agent to Sell the Property

Ming Tilley

Exclusive Properties Realty, LLC Listed on: 04/28/2017

Last Buyer's Agent

Jackeline Perna

Corcoran Infinity Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,089

Lot Details

  • 9,374 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1950s
  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Skylights
  • Fireplace
  • Views to the North
  • Storm Screens

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Location

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Stairway
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 024602709 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,089

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Split Level
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In, Skylights, Strms/Scrns, WW/Carpet As In, Deck / Patio
  • Views/Exposure: North
  • Year Built: 1950's, 2000's, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: 1 Fireplace
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Basement: Grd Lv Acces
  • Items Included: Appliances

Exterior Features

  • Exterior: Aluminum, Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car, Park Space

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Middle School: East Brook M.S.
  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00003
  • Lot Description: Regular
  • Lot Dimensions: 75 x 125
  • Estimated Lot Frontage: 75
  • Estimated Lot Sq Ft: 9374

Tax Info

  • Tax: 8089
  • Assessor Parcel Number: 024602709 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Oct 26, 2017
Sold by
Lee Thomas H and Lee Hwa S
Bought by
Mira Faragalla Fouad and Mira Riad
Seller's Agent
Ming Tilley
Exclusive Properties Realty, LLC
Buyer's Agent
Jackeline Perna
Corcoran Infinity Properties
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%
Current Estimated Value
$1,039,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,317
Avg. Annual Appreciation
6.76%
Original Mortgage
$598,500
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2005
Sold by
Katsnelson Vladimir
Bought by
Lee Thomas Hee and Lee Hwa Suk

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
5.84%

Purchase Details

Closed on
May 31, 1996
Sold by
Lee Sung Ho
Bought by
Katsnelson Vladimir and Katsnelson Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.97%
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
Mira Faragalla Fouad $630,000 --
Lee Thomas Hee $645,000 --
Katsnelson Vladimir $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faragalla Fouad $584,300
Closed Faragalla Fouad $583,500
Closed Mira Faragalla Fouad $598,500
Previous Owner Lee Thomas Hee $200,000
Previous Owner Katsnelson Vladimir $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $630,000 -4.4% $253 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $659,000 -- $265 / 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 $9,971 $678,500 $340,200 $338,300
2023 $9,481 $650,000 $323,000 $327,000
2022 $9,481 $610,900 $302,300 $308,600
2021 $9,307 $562,700 $278,000 $284,700
2020 $8,605 $539,500 $258,000 $281,500
2019 $8,569 $461,700 $220,000 $241,700
2018 $8,463 $461,700 $220,000 $241,700
2017 $8,315 $461,700 $220,000 $241,700
2016 $8,089 $461,700 $220,000 $241,700
2015 $8,006 $461,700 $220,000 $241,700
2014 $7,937 $461,700 $220,000 $241,700
Source: Public Records

Agents Affiliated with this Home

  • Ming Tilley

    Seller's Agent in 2017

    Ming Tilley

    Exclusive Properties Realty, LLC

    (201) 543-4633

    56 in this area

    80 Total Sales

    Ming Tilley
    Section Image
  • Jackeline Perna

    Buyer's Agent in 2017

    Jackeline Perna

    Corcoran Infinity Properties

    (201) 310-5858

    3 in this area

    7 Total Sales

    Jackeline Perna
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 1716660

New Jersey MLS

APN: 46-02709-0000-00003

New Jersey Bergen County Paramus 07652

198 Norman Way, Paramus, NJ

This home is located at 198 Norman Way, Paramus, NJ 07652 since 28 April 2017 and is currently estimated at $1,039,317, approximately $417 per square foot. 198 Norman Way is a home located in Bergen County with nearby schools including Paramus High School, Ben Porat Yosef, and St. Peter Academy.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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