NOT LISTED FOR SALE

314 Sherwood Dr Paramus, NJ 07652

Estimated Value: $1,627,000 - $2,053,000

5 Beds
7 Baths
1,400 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $1,750,000 $1,250 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,467/month

10 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Central Air
  • Paramus High School Rated A-

About This Home

As of April 2024

Welcome to a stunning brand new construction on existing foundation in Paramus! This remarkable 5-bedroom, 5-bathroom,2 half bathroom home, built on an existing foundation, boasts quality craftsmanship and premium materials. A 2-story foyer welcomes you, leading to a formal living room and dining room, ideal for entertaining. The 2-story family room is filled with natural light, featuring a gas fireplace and access to a tranquil backyard. The first level also includes a large guest suite and a gourmet kitchen equipped with top-of-the-line appliances. Upstairs, discover a primary suite complete with a spa-like bathroom fireplace, and two walk-in closets, alongside two junior suites, another bedroom, a full bath, and a laundry room. The finished basement offers a rec room, theater-ready room, and a half bath. Located close to amenities, this home combines luxury with convenience. Owner has RE License

Last Agent to Sell the Property

David Michael

Coldwell Banker, Alpine/Closter Listed on: 01/09/2024

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Levi Tewel

New and Modern Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,682

Lot Details

  • 10,105 Sq Ft Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00010 / 03607

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,682

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: West
  • Co List Office Phone: (201) 767-0550
  • MLS Status: Sold - Sold
  • Directions: Fairview to Circle Dr to Sherwood
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: New Const-Existing Fdn,New Const-New Fdn,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Theater, Recreational Room, Utility Room. Half Bath

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Cement Siding, Stone Faced

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Lot Info

  • Lot Dimensions: 75XIRR
  • Lot Size Sq Ft: 10105.0

Tax Info

  • Tax Annual Amount: 8682.0
  • Tax Block: 03607
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 15, 2024
Sold by
Quality Home Developers Llc
Bought by
Giaccio Bruno
Seller's Agent
David Michael
Coldwell Banker, Alpine/Closter
Buyer's Agent
Levi Tewel
New and Modern Group
List Price
$1,774,999
Sold Price
$1,750,000
Premium/Discount to List
-$24,999
-1.41%
Views
72
Current Estimated Value
$1,909,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,589
Avg. Annual Appreciation
6.34%
Original Mortgage
$950,000
Outstanding Balance
$935,966
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$973,623

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 17, 2023
Sold by
Obeidallah Dean
Bought by
Quality Home Developers Llc
Seller's Agent
Jeana Cowie
RE/MAX Properties-Saddle River
Buyer's Agent
Jeana Cowie
RE/MAX Properties-Saddle River
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.82%
Original Mortgage
$1,120,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2023
Sold by
Obeidallah Camille Musa
Bought by
Obeidallah Camille B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
6.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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
Giaccio Bruno $1,775,000 Main Street Title
Quality Home Developers Llc $750,000 None Listed On Document
Obeidallah Camille B -- Coast-To-Coast Title And Escro
Obeidallah Camille B -- Coast-To-Coast Title And Escro
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giaccio Bruno $950,000
Previous Owner Quality Home Developers Llc $1,120,000
Previous Owner Obeidallah Camille B $1,012,500
Previous Owner Obeidallah Camille B $1,012,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $1,750,000 -1.4% $1,250 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $1,774,999 +136.7% $1,268 / Sq Ft
07/24/2023 07/24/23 Sold $750,000 +3.4% $536 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $725,000 -- $518 / 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
2025 $25,715 $1,815,900 $411,500 $1,404,400
2024 $8,682 $1,698,500 $374,500 $1,324,000
2023 $8,216 $566,000 $357,200 $208,800
2022 $8,216 $529,400 $333,700 $195,700
2021 $7,981 $482,800 $301,400 $181,400
2020 $7,602 $476,600 $296,400 $180,200
2019 $7,387 $398,000 $281,600 $116,400
2018 $7,295 $398,000 $281,600 $116,400
2017 $7,168 $398,000 $281,600 $116,400
2016 $6,973 $398,000 $281,600 $116,400
2015 $6,901 $398,000 $281,600 $116,400
2014 $6,842 $398,000 $281,600 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24000830

New Jersey MLS

APN: 46-03607-0000-00010