NOT LISTED FOR SALE

521 Otto Place Paramus, NJ 07652

Estimated Value: $953,000 - $1,117,000

4 Beds
2 Baths
1,936 Sq Ft
$534/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $790,000 $408 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,434/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Paramus High School Rated A-
  • High Ceiling
  • 3 Car Detached Garage

About This Home

As of April 2021

Colonial in desirable Westside location! This home features high ceilings, crown moulding, HW flrs., Chef's Kitchen w/custom cabinetry, SS appliances, island & professional Garland Gas Range Stove. First floor bedroom and full bath, living room, office/study room, formal dining room complete the main level. A gorgeous wood staircase leads to the 2nd floor w/walk in closets in all the bedrooms including two in the master bedroom. A hallway full bath featuring a claw foot tub! A finished basement w/laundry, recreation area & storage. The charm extends to the outside w/professional landscaped yard, three car garage with an above loft and extended driveway for multiple cars. A stone's throw away from the town pool, library, schools & NYC Transportation. Make this house your home!

Last Agent to Sell the Property

SUZY L. MILAZZO

COLDWELL BANKER REALTY RDG Listed on: 01/04/2021

Last Buyer's Agent

NENA COLLIGAN

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,274

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof
  • Vinyl Siding

Interior Spaces

  • High Ceiling
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 1146-04914-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,274

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate, Renovated
  • County Name: Bergen
  • Renovated Year: 2010
  • Street Number Display: 521
  • Directions: Midland Ave. to Otto Pl.
  • I D: 5039865
  • Modified: 2022-04-10
  • Number Images: 25
  • First Name: SUZY L.
  • First Name3: NENA
  • Last Name: MILAZZO
  • Last Name3: COLLIGAN
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Drapes, Fire Extinguisher, High Ceilings, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 4
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Phone: 201-445-9400

Exterior Features

  • Exterior Description: Brick, CedarSid, Vinyl Siding, Wood Shingle
  • Exterior Features: Open Porch(es), Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Loft Storage, Oversize Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width, Hard Surface, Off-Street Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Storage

Lot Info

  • Lot Size: 100XIRR 4.7LT
  • Assessed Improvement Value: 267300
  • Assessed Land Value: 314200
  • Assessment: 581500
  • Easement: Unknown
  • Lot Description: Irregular Lot, Level Lot
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9274
  • Assessor Parcel Number: 1146-04914-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.856
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 8, 2021
Sold by
Sullivan Stephen and Sullivan Donna
Bought by
Cook Andrew and Lin Cook Wendy
Seller's Agent
SUZY L. MILAZZO
COLDWELL BANKER REALTY RDG
Buyer's Agent
NENA COLLIGAN
KELLER WILLIAMS VILLAGE SQUARE
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%
Current Estimated Value
$1,034,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,568
Avg. Annual Appreciation
6.25%
Original Mortgage
$671,500
Outstanding Balance
$606,768
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$427,800
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
Cook Andrew $790,000 Stewart Title Guaranty Co
Cook Andrew $790,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Andrew $671,500
Closed Cook Andrew $671,500
Previous Owner Sullivan Stephen $469,000
Previous Owner Sullivan Stephen $100,000
Previous Owner Sullivan Stephen $55,000
Previous Owner Sullivan Donna $481,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $790,000 -4.7% $408 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $829,000 -- $428 / Sq Ft
Source: Garden State 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 $11,655 $851,800 $441,800 $410,000
2024 $11,296 $769,800 $381,400 $388,400
2023 $10,690 $736,400 $363,700 $372,700
2022 $10,690 $688,800 $339,600 $349,200
2021 $9,618 $581,500 $309,200 $272,300
2020 $9,275 $581,500 $314,200 $267,300
2019 $8,604 $463,600 $276,100 $187,500
2018 $8,498 $463,600 $276,100 $187,500
2017 $8,349 $463,600 $276,100 $187,500
2016 $8,122 $463,600 $276,100 $187,500
2015 $8,039 $463,600 $276,100 $187,500
2014 $7,969 $463,600 $276,100 $187,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3685130

Garden State MLS

APN: 46-04914-0000-00006