NOT LISTED FOR SALE

296 Spring Valley Rd Paramus, NJ 07652

Estimated Value: $1,331,000 - $1,456,000

6 Beds
6 Baths
3,573 Sq Ft
$394/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,165,000 $326 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,080/month

137 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Central Air
  • Paramus High School Rated A-
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of June 2023

Prepare to be surprised at the beauty, scale and utility of this very special home. Fabulous location provides easy access to houses of worship, shopping, schools, major highways and only steps from Van Saun County Park! Everything about this home is unique and adaptable. Chic and sleek w/recent updates, this turn key home has a layout that accommodates a variety of lifestyles. Whether you work from home, run a private business, have regular large scale gatherings, or just expect modern conveniences for every day living, this home performs! Three separate entrances into various scaled spaces! The main area offers hardwood floors, LR, DR, Fam Rm/fpl and easy access to a fully fenced yard. The dream kit w/hi end appliances, 2 sinks, 2 dishwashers, pantry. 5 nicely sized br's upstairs w/3 updated baths inc a LUXE primary suite. 2nd fl laundry w/new W/D! The LL w/2 entrances is fully equipped for many uses w/kit, pr, fam rm and offices. Truly unique and must be seen to appreciate!

Last Agent to Sell the Property

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 01/02/2023

Compass New Jersey, LLC-Ridgewood

Last Buyer's Agent

James Oliver

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,326

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • East Brook Middle School
  • Paramus High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00004 / 03903

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,326

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Corner Lot, Regular
  • View Type:Pond View: West
  • Co List Office Phone: 551-284-0175
  • MLS Status: Sold - Sold
  • Directions: North of Forest Ave at Corner of Spring Valley and Yale Ct
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1960's,2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: full fin, fam rm/bar, 2 offices, kitchen, pr, separate entrance

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Hot Water, Zoned

Schools

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

Lot Info

  • Lot Dimensions: .3 acre
  • Lot Size Sq Ft: 12269.0

Tax Info

  • Tax Annual Amount: 14326.0
  • Tax Block: 03903
  • Tax Lot: 00004

MLS Schools

  • High School Text: Paramus H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jun 16, 2023
Sold by
Chang Heng-Hsi Wang and Chang Chen-Hai
Bought by
Basdeo Reshma and Motiani Jatin
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
James Oliver
EXP Realty, LLC
List Price
$1,199,000
Sold Price
$1,165,000
Premium/Discount to List
-$34,000
-2.84%
Views
410
Current Estimated Value
$1,409,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,408
Avg. Annual Appreciation
10.04%
Original Mortgage
$925,000
Outstanding Balance
$905,770
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$503,638

Purchase Details

Listed on
Sep 3, 2020
Closed on
Dec 22, 2020
Sold by
Peller Robert and Carmeli Judy
Bought by
Chang Heng Hsi Wang
Seller's Agent
Ellen Lacher
Lacher Realty Ltd.
Buyer's Agent
Ellen Lacher
Lacher Realty Ltd.
List Price
$799,000
Sold Price
$670,000
Premium/Discount to List
-$129,000
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.77%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Peller Melvin A
Bought by
Peller Robert and Carmeli Judy

Purchase Details

Closed on
Sep 24, 2014
Sold by
Peller Melvin A and Estate Of Arlene R Peller
Bought by
Peller Melvin A and Peller Robert

Purchase Details

Closed on
Nov 21, 2000
Bought by
Peller Arlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.78%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Peller Arlene
Bought by
Peller Robert and Peller Shoshanah
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
Basdeo Reshma $1,165,000 Westcor Land Title
Chang Heng Hsi Wang $670,000 Old Republic Natl Ttl Ins Co
Peller Robert -- --
Peller Melvin A -- --
Peller Arlene R -- --
Peller Arlene R -- --
Peller Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basdeo Reshma $925,000
Previous Owner Peller Melvin A $300,000
Previous Owner Peller Melvin A $293,000
Previous Owner Peller Arlene R $100,000
Previous Owner Peller Arlene R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,165,000 -2.8% $326 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $1,199,000 +79.0% $336 / Sq Ft
12/28/2020 12/28/20 Sold $670,000 -16.1% $188 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $799,000 -- $224 / 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 $15,105 $1,075,600 $391,000 $684,600
2023 $14,327 $984,700 $371,700 $613,000
2022 $14,327 $923,100 $347,100 $576,000
2021 $12,375 $748,200 $312,800 $435,400
2020 $11,785 $738,900 $308,600 $430,300
2019 $10,394 $560,000 $295,000 $265,000
2018 $10,265 $560,000 $295,000 $265,000
2017 $10,086 $560,000 $295,000 $265,000
2016 $9,811 $560,000 $295,000 $265,000
2015 $9,710 $560,000 $295,000 $265,000
2014 $9,626 $560,000 $295,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23000099

New Jersey MLS

APN: 46-03903-0000-00004