531 Orchard Ave Unit B Palisades Park, NJ 07650
Estimated Value: $851,063 - $897,000
3
Beds
4
Baths
1,800
Sq Ft
$488/Sq Ft
Est. Value
About This Home
This home is located at 531 Orchard Ave Unit B, Palisades Park, NJ 07650 and is currently estimated at $878,766, approximately $488 per square foot. 531 Orchard Ave Unit B is a home located in Bergen County with nearby schools including Lindbergh Elementary School, Palisades Park Jr Sr High School, and Notre Dame Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2016
Sold by
Chang Dongsoo and Chang Hee
Bought by
Yoon Soon Bum and Yoon Kyung Hee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$220,021
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$659,674
Purchase Details
Closed on
Dec 5, 2013
Sold by
Cleary David
Bought by
Chang Dongsoo and Chang Hee
Purchase Details
Closed on
Jul 19, 2013
Sold by
Kim Young Hye
Bought by
Cleary David
Purchase Details
Closed on
Oct 7, 2008
Sold by
Kim Young Hye and Kwon Young Chul
Bought by
Kim Young Hye
Purchase Details
Closed on
May 1, 2006
Sold by
Kim Min
Bought by
Kim Young Hye
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.53%
Purchase Details
Closed on
Jun 27, 2000
Sold by
Hyun Eyung and Young Eun
Bought by
Kim Hye Yeon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Yoon Soon Bum | $545,000 | Attorney | |
Chang Dongsoo | $540,000 | -- | |
Cleary David | $290,000 | -- | |
Kim Young Hye | -- | -- | |
Kim Young Hye | $565,000 | -- | |
Kim Hye Yeon | $250,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Yoon Soon Bum | $345,000 | |
Previous Owner | Kim Young Hye | $452,000 | |
Previous Owner | Kim Hye Yeon | $187,500 | |
Previous Owner | Hyun Eyung | $160,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,083 | $726,500 | $365,000 | $361,500 |
2024 | $9,880 | $693,000 | $346,300 | $346,700 |
2023 | $9,819 | $668,000 | $335,000 | $333,000 |
2022 | $9,819 | $638,000 | $318,800 | $319,200 |
2021 | $9,512 | $600,500 | $305,000 | $295,500 |
2020 | $9,548 | $618,800 | $300,000 | $318,800 |
2019 | $9,737 | $479,200 | $220,000 | $259,200 |
2018 | $9,483 | $479,200 | $220,000 | $259,200 |
2017 | $9,388 | $479,200 | $220,000 | $259,200 |
2016 | $9,110 | $479,200 | $220,000 | $259,200 |
2015 | $8,918 | $479,200 | $220,000 | $259,200 |
2014 | $8,515 | $479,200 | $220,000 | $259,200 |
Source: Public Records
Map
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