NOT LISTED FOR SALE

523 Spring Valley Rd Paramus, NJ 07652

Estimated Value: $628,535 - $735,000

3 Beds
1 Bath
864 Sq Ft
$792/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $424,900 $492 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,341/month

41 Days on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • Baseboard Heating
  • Paramus High School Rated A-
  • Attached Garage
  • Rectangular Lot

About This Home

As of April 2020

Immaculate, Move-In-Ready Starter home in desirable Paramus! 3 BRs including large master BR, 1 updated bathroom, nice size backyard, large basement could be finished for more living space (and basement has plumbing in place for additional powder room!) Attached oversized 1 car garage - deep for extra storage, and nice backyard! All this and incredibly low taxes !!! Rare Mint Condition home at this price in Paramus!! DO NOT MISS THIS ONE !! Move Right In!

Last Listed By

Sheldon Neal

RE/MAX Real Estate Limited Listed on: 01/09/2020

RE/MAX Real Estate Limited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,085

Year Built

  • 1958

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built in the 1950s
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Garage Door Opener

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024606615 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,085

Year Built

1958

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Ranch
  • Additional Sub Style: None
  • Lifestyle: Close/School, Close/Shopg, Close/Trans
  • Miscellaneous: Hdwd As In
  • Views/Exposure: None
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 5
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: Full, Prt Finished
  • Basement: FULL, PART FINISHED, LAUNDRY RM, GARAGE
  • Items Not Included: Seller's Personal Items
  • Items Included: Kitchen Appliances (all as-is)

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener, 1 Car

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Parkway E.S.
  • Middle School: East Brook M.S.
  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00002
  • Lot Description: Regular
  • Lot Dimensions: 50 x 100
  • Estimated Lot Sq Ft: 5001

Tax Info

  • Tax: 5085
  • Assessor Parcel Number: 024606615 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 17, 2020
Sold by
Infantino Ronald J
Bought by
Pallotto Michael A
Seller's Agent
Sheldon Neal
RE/MAX Real Estate Limited
Buyer's Agent
Colin Somerville
RE/MAX Properties-Saddle River
List Price
$450,000
Sold Price
$424,900
Premium/Discount to List
-$25,100
-5.58%
Total Days on Market
41
Current Estimated Value
$683,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,984
Avg. Annual Appreciation
9.80%
Original Mortgage
$339,920
Outstanding Balance
$303,186
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$380,698

Purchase Details

Closed on
Jul 13, 2017
Sold by
Lbl Realty Llc
Bought by
Infantino Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.03%

Purchase Details

Closed on
May 21, 2007
Sold by
Lbl Realty Llc
Bought by
Sposato Frank J

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
Pallotto Michael A $424,900 Chicago Title Insurance Co
Infantino Ronald $415,000 --
Sposato Frank J $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallotto Michael A $339,920
Previous Owner Infantino Ronald $415,000
Previous Owner Infantino Ronald --
Previous Owner Infantino Ronald J $415,000
Previous Owner Sposato Marion A $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $424,900 0.0% $492 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $424,900 -1.2% $492 / Sq Ft
01/30/2020 01/30/20 Price Changed $429,900 -2.3% $498 / Sq Ft
01/24/2020 01/24/20 Price Changed $439,900 -2.2% $509 / Sq Ft
01/09/2020 01/09/20 For Sale $450,000 -- $521 / 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 $6,599 $450,300 $283,200 $167,100
2023 $6,239 $430,200 $269,500 $160,700
2022 $6,239 $402,000 $251,000 $151,000
2021 $6,201 $374,900 $236,300 $138,600
2020 $5,799 $363,600 $232,100 $131,500
2019 $5,085 $274,000 $198,000 $76,000
2018 $5,022 $274,000 $198,000 $76,000
2017 $4,935 $274,000 $198,000 $76,000
2016 $4,800 $274,000 $198,000 $76,000
2015 $4,751 $274,000 $198,000 $76,000
2014 $4,710 $274,000 $198,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20001214

New Jersey MLS

APN: 46-06615-0000-00002