$670,000
SOLD JUN 11, 2021

331 Franklin Place Paramus, NJ 07652

3 Beds
1.5 Baths
1,482 Sq Ft
9,374 Sq Ft Lot

Recently Sold

$452 Per Sq Ft

9% Above List Price

12 Days on Market

Highlights

  • Deck
  • Property is near a park
  • En-Suite Primary Bedroom
  • Paramus High School Rated A-
  • Attached Garage
  • 5-minute walk to Reid Park

About This Home

As of November 2022

A picture perfect home on a picture perfect street! One lucky buyer will get to call this lovely 3 br 1.5 updated bath home their own. Pride of ownership is evident inside & out. Entrance foyer welcomes you to the formal Living rm & Dining rm w/crown molding. Sliding glass doors to a paver patio & fire pit area. A beautiful, fenced-in yard is perfect for entertaining, including a flat screen tv (negotiable). Hardwood floors throughout. MEIK w/ss appliances. MBR w/crown molding & a powder rm. All bedrooms have double door closets. Bonus stairs leading to attic from hallway for extra storage. Family rm w/laundry, outside entrance to patio & access to garage. C/A/C. Large, open finished basement offers work-from-home area, additional family room & guest BR. Nest thermostat & ring doorbell. Raised panel doors. Vinyl siding. Updated windows. Double driveway in "as-is" condition. Close to Reid Park, schools, garden state parkway, NYC bus park & ride, houses of worship & shopping

Last Agent to Sell the Property

Jeana Cowie

RE/MAX Properties-Saddle River Listed on: 03/24/2021

RE/MAX Properties-Saddle River

Last Buyer's Agent

Yolanda Bogosian

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,750

Lot Details

  • 9,374 Sq Ft Lot
  • Rectangular Lot

Home Design

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 024607111 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,750

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Split Level
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • 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: 8
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.10
  • Primary Bathroom: Y
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Finished
  • Basement: FINISHED, FAMILY RM, UTILITIES
  • Items Not Included: WNDW TREATMENTS IN MBR. *REF, W&D NEGOTIABLE*
  • Items Included: BLINDS,RING DOORBELL & NEST THERMOSTAT

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener

Utilities

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

Condo/Co-op/Association

  • Association: None

Schools

  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00007
  • Lot Description: Regular
  • Lot Dimensions: 75X125
  • Estimated Lot Sq Ft: 9374

Tax Info

  • Tax: 7750
  • Assessor Parcel Number: 024607111 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 26, 2022
Sold by
At Home Developers Llc
Bought by
Katarya Ritu and Kochhar Kunal
Seller's Agent
Nekije Rizvani
Keller Williams Village Square Realty - Wyckoff
Buyer's Agent
Helen Martino
Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
List Price
$1,799,000
Sold Price
$1,675,000
Premium/Discount to List
-$124,000
-6.89%
Views
4
Current Estimated Value
$2,094,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,773
Avg. Annual Appreciation
8.77%
Original Mortgage
$1,340,000
Outstanding Balance
$1,292,585
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$802,188

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 4, 2021
Sold by
Ruso E Brian E and Ruso Diana J
Bought by
Wanat Agnes
Seller's Agent
Jeana Cowie
RE/MAX Properties-Saddle River
Buyer's Agent
Yolanda Bogosian
Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
List Price
$615,000
Sold Price
$670,000
Premium/Discount to List
$55,000
8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.79%

Purchase Details

Closed on
Mar 12, 1998
Sold by
Wegner Susan I and Wegner Steven P
Bought by
Ruso E Brian and Ruso Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.37%
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 Type Sale Price Title Company
Bargain Sale Deed $1,675,000 Chicago Title
Bargain Sale Deed -- Centurion Title Services
Deed $670,000 First American Title
Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,340,000 New Conventional
Previous Owner $220,000 Future Advance Clause Open End Mortgage
Previous Owner $45,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $197,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $1,675,000 -1.4% $1,130 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $1,699,000 -5.6% $1,146 / Sq Ft
07/13/2022 07/13/22 For Sale $1,799,000 +168.5% $1,214 / Sq Ft
06/11/2021 06/11/21 Sold $670,000 +8.9% $452 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $615,000 -- $415 / 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 $22,823 $1,550,300 $342,700 $1,207,600
2023 $21,646 $1,487,800 $328,000 $1,159,800
2022 $8,713 $561,400 $307,300 $254,100
2021 $8,164 $493,600 $283,000 $210,600
2020 $7,750 $485,900 $278,000 $207,900
2019 $7,407 $399,100 $253,000 $146,100
2018 $7,316 $399,100 $253,000 $146,100
2017 $7,188 $399,100 $253,000 $146,100
2016 $6,992 $399,100 $253,000 $146,100
2015 $6,920 $399,100 $253,000 $146,100
2014 $6,861 $399,100 $253,000 $146,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21010580

New Jersey MLS

APN: 46-07111-0000-00007