NOT LISTED FOR SALE

203 Addison Place Paramus, NJ 07652

Estimated Value: $1,470,000 - $2,047,000

3 Beds
1 Bath
1,094 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $565,000 $516 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $10,481/month

76 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Ranch Style House
  • Paramus High School Rated A-

About This Home

As of September 2021

EXCELLENT ONE FLOOR LIVING IN PARAMUS...EXCELLENT LOCATION...MOVE IN CONDITION...FIRST FLOOR FEATURES A LIVING ROOM, MODERN EAT IN KITCHEN, DINING AREA, MASTER BEDROOM, 2 ADDITIONAL BEDROOMS AND AN UPDATED FULL BATHROOM. ACCESS TO FULLY FENCED IN YARD WITH A SHED, NEWER PAVER WALKWAY, NEWER PAVED DRIVEWAY WHICH EASILY FITS 6 CARS. GREAT OPPORTUNITY TO GET INTO A GREAT TOWN WITH LOW TAXES! ***SELLER IS IN THE PROCESS OF REMOVING OIL TANK***

Last Listed By

Fortunato Campesi

Fortune Realty Group, LLC Listed on: 05/14/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,191

Year Built

  • 1950

Lot Details

  • 0.25 Acre Lot
  • Irregular Lot

Home Design

  • Built in the 1950s
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

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

Additional Features

  • Deck
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 024603805 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,191

Year Built

1950

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Ranch
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm, One Floor Living
  • Miscellaneous: Hdwd As In, Deck / Patio
  • Views/Exposure: None
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 5
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: None

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: None

Utilities

  • Heating: Oil
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00018
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 11097

Tax Info

  • Tax: 6191
  • Assessor Parcel Number: 024603805 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Sep 2, 2021
Sold by
Samouhos Stephen and Samouhos Effie
Bought by
Fakhoury Ehab F and Fakhoury Erini
Seller's Agent
Fortunato Campesi
Fortune Realty Group, LLC
Buyer's Agent
Garima Verma
NEW JERSEY MLS
List Price
$549,000
Sold Price
$565,000
Premium/Discount to List
$16,000
2.91%
Total Days on Market
76
Current Estimated Value
$1,723,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,053
Avg. Annual Appreciation
36.19%
Original Mortgage
$452,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2008
Sold by
Pastore Teresa
Bought by
Samouhos Stephen and Samouhos Effie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Range of Values:

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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
Fakhoury Ehab F $565,000 Foundation Title Llc
Samouhos Stephen $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhoury Ehab F $450,000
Closed Fakhoury Ehab F $452,000
Previous Owner Samouhos Stephen $206,500
Previous Owner Samouhos Stephen $218,375
Previous Owner Samouhos Stephen $220,000
Previous Owner Detara Carmen $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $565,000 +2.9% $516 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $549,000 0.0% $502 / Sq Ft
05/18/2019 05/18/19 Rented $2,500 0.0% --
05/13/2019 05/13/19 Price Changed $2,500 -7.4% $2 / Sq Ft
04/17/2019 04/17/19 For Rent $2,700 -- --
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 $10,580 $1,545,300 $354,500 $1,190,800
2023 $6,919 $689,700 $339,700 $350,000
2022 $6,919 $445,800 $318,700 $127,100
2021 $6,523 $394,400 $286,400 $108,000
2020 $6,192 $388,200 $281,400 $106,800
2019 $6,644 $358,000 $288,500 $69,500
2018 $6,562 $358,000 $288,500 $69,500
2017 $6,448 $358,000 $288,500 $69,500
2016 $6,272 $358,000 $288,500 $69,500
2015 $6,208 $358,000 $288,500 $69,500
2014 $6,154 $358,000 $288,500 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21018773

New Jersey MLS

APN: 46-03805-0000-00018