NOT LISTED FOR SALE

521 Otto Place Paramus, NJ 07652

Estimated Value: $1,016,433 - $1,051,000

4 Beds
2 Baths
1,936 Sq Ft
$535/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 $6,657/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Detached Garage
  • Paramus High School Rated A-
  • Property is near a park
  • Central Air

About This Home

As of April 2021

Paramus Colonial located in desirable Westside location! This charming Craftsman Colonial features a lemonade porch, chestnut wood trim throughout, approximately 9' ceilings, solid doors, crown moulding, hardwood floors, eat in chef's kitchen w/custom cabinetry, SS appliances, marble counters & island, professional Garland Gas Range Stove, access to back porch w/views to the garden & expansive yard. 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 landscaping, 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 Milazzo

Coldwell Banker, Ridgewood Listed on: 01/04/2021

Coldwell Banker, Ridgewood

Last Buyer's Agent

Nena Colligan

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,274

Lot Details

  • 0.26 Acre Lot
  • Irregular Lot
  • Sprinkler System

Parking

  • Detached Garage

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Central Vacuum
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

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
  • Baseboard Heating
  • Heating System Uses Gas
  • Well

Listing and Financial Details

  • Assessor Parcel Number 024604914 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,274

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Sprinklers, Well, Deck / Patio
  • Views/Exposure: None
  • Year Built: 1900-1939, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Basement: Rec Rm,Laundry,Storage
  • Items Not Included: TBD
  • Items Included: Light Fixtures, Appliances

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Detached

Utilities

  • Heating: Baseboard, Gas, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Midland E.S.
  • Middle School: West Brook M.S.
  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00006
  • Lot Description: Irregular
  • Lot Dimensions: 100XIRR
  • Estimated Lot Sq Ft: 11480

Tax Info

  • Tax: 9274
  • Assessor Parcel Number: 024604914 00006

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 Milazzo
Coldwell Banker, Ridgewood
Buyer's Agent
Nena Colligan
Keller Williams Village Square Realty
List Price
$829,000
Sold Price
$790,000
Premium/Discount to List
-$39,000
-4.7%
Current Estimated Value
$1,035,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,108
Avg. Annual Appreciation
6.53%
Original Mortgage
$671,500
Outstanding Balance
$613,254
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$421,854
Source: Public Records

Range of Values:

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Average Value
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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
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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: 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 $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

  • Suzy Milazzo

    Seller's Agent in 2021

    Suzy Milazzo

    Coldwell Banker, Ridgewood

    (201) 421-1062

    22 in this area

    74 Total Sales

    Suzy Milazzo
    Section Image
  • Nena Colligan

    Buyer's Agent in 2021

    Nena Colligan

    Keller Williams Village Square Realty

    (201) 321-3810

    1 in this area

    232 Total Sales

    Nena Colligan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21000155

New Jersey MLS

APN: 46-04914-0000-00006

New Jersey Bergen County Paramus 07652

521 Otto Place, Paramus, NJ

This home is located at 521 Otto Place, Paramus, NJ 07652 since 04 January 2021 and is currently estimated at $1,035,108, approximately $534 per square foot. 521 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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