NOT LISTED FOR SALE

511 Otto Place Paramus, NJ 07652

Estimated Value: $816,395 - $974,000

4 Beds
3 Baths
2,121 Sq Ft
$425/Sq Ft Est. Value

About This Home

Open Leased

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Odusola Ayodele
Bought by
Odusola Ayodele and Odusola Oluwakemi
Current Estimated Value
$902,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$372,500
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$529,849

Purchase Details

Closed on
Jun 15, 2011
Sold by
Ludwig Edward J and Ludwig Juanita A
Bought by
Odusola Ayodelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Odusola Ayodele -- None Available
Odusola Ayodelle $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odusola Ayodele $420,000
Closed Odusola Ayodelle $392,000
Previous Owner Ludwig 3Rd Edward J $167,900
Previous Owner Ludwig Edward J $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Rented $3,600 0.0% --
05/19/2021 05/19/21 For Rent $3,600 -- --

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 $9,554 $650,400 $338,800 $311,600
2023 $9,051 $622,800 $322,400 $300,400
2022 $9,051 $583,200 $300,400 $282,800
2021 $8,813 $532,800 $272,600 $260,200
2020 $8,361 $524,200 $267,600 $256,600
2019 $8,265 $445,300 $223,300 $222,000
2018 $8,162 $445,300 $223,300 $222,000
2017 $8,020 $445,300 $223,300 $222,000
2016 $7,802 $445,300 $223,300 $222,000
2015 $7,722 $445,300 $223,300 $222,000
2014 $7,655 $445,300 $223,300 $222,000
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2021

    Open Listing-Sold

    OPEN LISTING-SOLD

  • Y

    Buyer's Agent in 2021

    Yuliya Shinkorenko

    The Chen Agency

    2 in this area

    37 Total Sales

    Yuliya Shinkorenko
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Map

New Jersey Bergen County Paramus 07652

511 Otto Place, Paramus, NJ

Homes for Sale in Paramus, NJ

This home is located at 511 Otto Place, Paramus, NJ 07652 and is currently estimated at $902,349, approximately $425 per square foot. 511 Otto Place is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Paramus Catholic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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