NOT LISTED FOR SALE

480 Forest Ave Paramus, NJ 07652

Estimated Value: $673,000 - $916,000

2 Beds
1.5 Baths
772 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold January 02, 2021

Last sale price $550,000 $712 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,053/month

6 Days on Market

Highlights

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

About This Home

As of January 2021

LOCATION! LOCATION! What a fantastic 1 family RANCH HOUSE! located in a great section of town. Featuring 2 bedrooms, 1 1/2 bathrooms, living-room, dinning-room, kitchen, Core counter-top, stainless steel appliances, back-splash, new siding, new roof, hardwood floors throughout, massive backyard for family gatherings, round driveway with plenty of parking. Close to main transportation, main highways, shopping centers, parkway. PRICE TO SELL! A MUST SEE!

Last Listed By

Wilmer Intriago

Elite Intriago Realty LLC Listed on: 10/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,607

Year Built

  • 1948

Lot Details

  • 0.55 Acre Lot
  • Rectangular Lot

Home Design

  • Ranch Style House
  • Shingle Siding
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 024605705 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,607

Year Built

1948

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Ranch
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp
  • Miscellaneous: Deck / Patio
  • Views/Exposure: Sunset
  • Year Built: Renovated, 2020's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 6
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Finished, Full

Exterior Features

  • Exterior: Shingles, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: 1 Car Garage

Utilities

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

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00019
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 24002

Tax Info

  • Tax: 7607
  • Assessor Parcel Number: 024605705 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 29, 2020
Sold by
Ghichlian Bonifacia and Ghichlian Harry
Bought by
Barrenechea Katherine and Barrenechea Bryant
Seller's Agent
Wilmer Intriago
Elite Intriago Realty LLC
Buyer's Agent
Keith Ambrose
Terrie O'Connor Realtors-Saddle River
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Total Days on Market
6
Current Estimated Value
$795,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,356
Avg. Annual Appreciation
8.83%
Original Mortgage
$440,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2018
Sold by
Ghichlian Harry and Ghichlian Bonifacia
Bought by
Ghichlian Bonificia

Purchase Details

Closed on
Dec 30, 2003
Sold by
Frankland Suzanne
Bought by
Ghichlian Harry and Ghichlian Bonificia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.82%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Alford Harry and Alford Rose Marie
Bought by
Livermore Rose Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.03%

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
Barrenechea Katherine $550,000 First Jersey Title Svcs Inc
Ghichlian Bonificia -- --
Ghichlian Harry $360,000 --
Livermore Rose Mary $194,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrenechea Katherine $440,000
Previous Owner Ghichlian Bonifaciia $135,000
Previous Owner Ghichlian Bonifacia $70,000
Previous Owner Ghichlian Harry $270,000
Previous Owner Ghichlian Harry $288,000
Previous Owner Livermore Rose Mary $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2021 01/02/21 Sold $550,000 +2.0% $712 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $539,000 -- $698 / 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 $7,731 $528,500 $385,000 $143,500
2023 $7,209 $504,000 $366,300 $137,700
2022 $7,209 $464,500 $342,100 $122,400
2021 $6,884 $416,200 $305,600 $110,600
2020 $6,538 $409,900 $301,300 $108,600
2019 $6,893 $371,400 $294,000 $77,400
2018 $6,808 $371,400 $294,000 $77,400
2017 $6,689 $371,400 $294,000 $77,400
2016 $6,507 $371,400 $294,000 $77,400
2015 $6,440 $371,400 $294,000 $77,400
2014 $6,384 $371,400 $294,000 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20045617

New Jersey MLS

APN: 46-05705-0000-00019