NOT LISTED FOR SALE

198 Norman Way Paramus, NJ 07652

Estimated Value: $987,000 - $1,168,000

4 Beds
3 Baths
2,675 Sq Ft
$411/Sq Ft Est. Value

About This Home

This home is located at 198 Norman Way, Paramus, NJ 07652 and is currently estimated at $1,100,234, approximately $411 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2017
Sold by
Lee Thomas H and Lee Hwa S
Bought by
Mira Faragalla Fouad and Mira Riad
Current Estimated Value
$1,100,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$496,080
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$604,154

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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 Mira Faragalla Fouad $598,500
Previous Owner Lee Thomas Hee $200,000
Previous Owner Katsnelson Vladimir $150,000
Source: Public Records

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 $10,273 $721,400 $367,000 $354,400
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

Map

New Jersey Bergen County Paramus 07652

198 Norman Way, Paramus, NJ

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