NOT LISTED FOR SALE

406 Valley View Ave Paramus, NJ 07652

Estimated Value: $2,286,987 - $2,501,000

7 Beds
8 Baths
1,810 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $1,900,000 $1,050 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,840/month

69 Days on Market

Highlights

  • New Construction
  • Multiple Fireplaces
  • Central Air
  • Paramus High School Rated A-
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of November 2022

Stunning brand New Construction built on 16,875 SF lot located on a desirable street in Paramus. Home features 7 bedrooms with 5F/3H bathrooms constructed with quality craftsmanship and premium materials. The 2-story foyer opens to an amazing interior with tall ceilings, gorgeous hardwood floors, custom trim work throughout, a formal living room and dining room, breathtaking 2-story family room with abundance of windows with a gas fireplace and SGD, large guest suite and office. The Gourmet kitchen features a large island, quality appliances, breakfast area, pantry and mudroom plus two powder rooms. The second floor boasts a primary suite with spa-like bathroom with double vanities and two walk-in closets, two Jr suites, three bedrooms, a full bath and laundry room. Full finished basement presents a 9' tall ceiling with a second FR, rec room, gym, theater ready room, bar and a half bath. Estimated completion is late Fall. Close proximity to everything! *PHOTOS ARE RENDERINGS.

Last Agent to Sell the Property

Christina Kwon

Coldwell Banker, Alpine/Closter Listed on: 06/15/2022

Coldwell Banker, Alpine/Closter

Last Buyer's Agent

Christina Kwon

Coldwell Banker, Alpine/Closter Listed on: 06/15/2022

Coldwell Banker, Alpine/Closter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,289

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 75x225
  • Rectangular Lot

Home Design

  • New Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Contact District Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00010 / 04411

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,289

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-767-0550
  • MLS Status: Sold - Sold
  • Directions: Midland Ave to Valley View Ave
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Primary Bathroom: Yes
  • Basement Remarks: FULL FINISHED 2ND FR, REC RM, BAR, THEATER READY RM, GYM, HALF BTH

Exterior Features

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

Utilities

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

Schools

  • Elementary School: Contact District
  • Elementary: Contact District

Lot Info

  • Lot Dimensions: 75x225
  • Lot Size Sq Ft: 16875.0

Tax Info

  • Tax Block: 04411
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Nov 21, 2022
Sold by
Quality Home Developers Llc
Bought by
Avdic Elijan and Avdic Minela
Seller's Agent
Christina Kwon
Coldwell Banker, Alpine/Closter
Buyer's Agent
Christina Kwon
Coldwell Banker, Alpine/Closter
List Price
$1,899,999
Sold Price
$1,900,000
Premium/Discount to List
$1
0.0%
Views
2
Current Estimated Value
$2,414,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,497
Avg. Annual Appreciation
9.73%
Original Mortgage
$1,500,000
Outstanding Balance
$1,459,936
Interest Rate
6.61%
Estimated Equity
$954,561

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 24, 2021
Sold by
Yon Katherine S and Yon Yoon Suk
Bought by
Quality Home Developers Llc
Seller's Agent
Christina Kwon
Coldwell Banker, Alpine/Closter
Buyer's Agent
Christina Kwon
Coldwell Banker, Alpine/Closter
List Price
$640,000
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.04%
Original Mortgage
$864,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2021
Sold by
Yon Yoon Suk
Bought by
Yon Katherine S and Yon Yoon Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1998
Sold by
Dietel Fritz J
Bought by
Yon Yoon Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.8%
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
Avdic Elijan $1,900,000 Land Title
Quality Home Developers Llc $640,000 Realsafe Title
Yon Katherine S -- Terra Title & Escrow Inc
Yon Yoon Suk $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avdic Elijan $1,500,000
Previous Owner Quality Home Developers Llc $1,125,000
Previous Owner Quality Home Developers Llc $864,000
Previous Owner Yon Katherine S $363,000
Previous Owner Yoon Katherine S $15,000
Previous Owner Yon Yoon Suk $385,000
Previous Owner Yon Yoon Suk $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $1,900,000 0.0% $1,050 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,899,999 +196.9% $1,050 / Sq Ft
07/30/2021 07/30/21 Sold $640,000 0.0% $354 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $640,000 -- $354 / 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 $29,289 $1,991,000 $395,200 $1,595,800
2023 $8,615 $1,909,300 $376,700 $1,532,600
2022 $8,615 $555,100 $351,900 $203,200
2021 $8,348 $504,700 $318,700 $186,000
2020 $7,916 $496,300 $313,700 $182,600
2019 $8,211 $442,400 $293,200 $149,200
2018 $8,109 $442,400 $293,200 $149,200
2017 $7,968 $442,400 $293,200 $149,200
2016 $7,751 $442,400 $293,200 $149,200
2015 $7,671 $442,400 $293,200 $149,200
2014 $7,605 $442,400 $293,200 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22022054

New Jersey MLS

APN: 46-04411-0000-00010