NOT LISTED FOR SALE

531 Spring Valley Rd Paramus, NJ 07652

Estimated Value: $768,000 - $881,000

3 Beds
1.5 Baths
1,118 Sq Ft
$738/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $539,000 $482 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,173/month

51 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Fireplace
  • Paramus High School Rated A-
  • Detached Garage
  • Central Air

About This Home

As of March 2021

Charming and Cozy move in ready RANCH in PARAMUS! This home has been well-maintained over the years and is ready for a new owner. 3 bedrooms and 1.5 bathrooms, with gleaming hardwood floors and a kitchen that has been updated with lot of cabinets and stainless appliances. The living room / dining room combo is spacious and bright with a huge bay window. Basement is partially finished and features a bar and fireplace which would be ideal for entertaining.. plus a bonus workshop space. This is a quiet street and the home sits on a large corner lot! There is also a single car detached garage. Also features central air... Don't miss this one!

Last Agent to Sell the Property

Taylor Lucyk

Christie's International Real Estate Group-Paramus Listed on: 12/07/2020

Last Buyer's Agent

Adrena Aiazian

Christie's International Real Estate Group-Franklin Lakes

Christie's International Real Estate Group-Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,367

Lot Details

  • 10,001 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024606614 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,367

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Ranch
  • Additional Sub Style: None
  • Lifestyle: None
  • Miscellaneous: Hdwd As In
  • Views/Exposure: None
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Number of Rooms: 9
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: family room, half bathroom

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Detached

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00011
  • Lot Description: Corner Lot, Regular
  • Estimated Lot Sq Ft: 10001

Tax Info

  • Tax: 6367
  • Assessor Parcel Number: 024606614 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Hovsepian and Lara
Bought by
Hovsepian Edgar and Hovsepian Lara
Current Estimated Value
$825,612

Purchase Details

Listed on
Dec 7, 2020
Closed on
Mar 19, 2021
Sold by
Sewall Erin and Sadlon Richard
Bought by
Hovsepian Edgar and Hovsepian Lara
Seller's Agent
Taylor Lucyk
Christie's International Real Estate Group-Paramus
Buyer's Agent
Adrena Aiazian
Christie's International Real Estate Group-Franklin Lakes
List Price
$559,000
Sold Price
$539,000
Premium/Discount to List
-$20,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Jul 30, 2016
Sold by
Sadlon James and Sadlon Edward
Bought by
Sadlon Edward

Purchase Details

Closed on
Jun 8, 2011
Sold by
Patel Pinakin S and Patel Parul Z
Bought by
Sadlon Edward and Sadlon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 530 Salem St, Paramus, NJ 07652

    $849,000

    • 5 Beds
    • 2 Baths
    • 530 Salem St
    • Paramus, NJ

    Welcome to your dream home in the heart of Paramus, New Jersey! This beautifully maintained 5-bedroom, 2-bathroom residence offers the perfect blend of comfort, functionality, and outdoor livinga€”ideal for growing families or anyone looking for extra space in one of Bergen County's most sought-after communities. The main floor includes a bright living room that flows into a formal dining

    Susan LeConte Le Conte Realty, LLC

    Section Image
  • 515 Salem St, Paramus, NJ 07652

    $850,000

    • 3 Beds
    • 2 Baths
    • 515 Salem St
    • Paramus, NJ

    Amazing opportunity in the heart of Paramus! This charming 3-bedroom, 2-bathroom ranch on peaceful Salem Street is just minutes from Van Saun County Park. Enjoy one-floor living with a bright living room, formal dining area, functional kitchen, cozy family room, and all bedrooms and baths on the main level. A finished basement offers extra space for a rec room, office, or guest suite. Outside,

    Aylin Erik Christie's International Real Estate Group-Paramus

    Section Image
  • 207 Morris St, Oradell, NJ 07649

    $749,000

    • 2 Beds
    • 2 Baths
    • 207 Morris St
    • Oradell, NJ

    THIS WELL MAINTAINED RANCH ON A QUIET STREET IS JUST WHAT YOU'VE BEEN WAITING FOR! ATTRACTIVE LANDSCAPING ADDS TO THE OVERALL CURB APPEAL OF THIS HOME. MANY RECENT UPDATES INCLUDE NEW VINYL SIDING, ROOF, AND DRIVEWAY WITH BELGIAN BLOCK EDGE IN 2021. BRAND NEW WHITE KITCHEN OFFERS QUARTZ COUNTERS AND SUBWAY TILE BACKSPLASH. NEWLY REFINISHED HARDWOOD FLOORS ARE FOUND IN SPACIOUS LIVING ROOM, DINING

    Janine Fraser Coldwell Banker, Allendale/Saddle River Valley

    Section Image
  • 505 Salem St, Paramus, NJ 07652

    $959,000

    • 4 Beds
    • 2.5 Baths
    • 505 Salem St
    • Paramus, NJ

    Situated in one of Paramus' most sought-after locations, this unique "Atrium Style" Bi-Level home is not a traditional Bi Level. This home features an expansive main level that includes a bright and airy living room, a spacious dining area, and an eat-in kitchen with granite counters and stainless steel appliances with an access to a deck overlooking the private backyard. You'll also find an

    Keren Abraham Keller Williams Village Square Realty

    Section Image
  • 536 Fordham Place, Paramus, NJ 07652

    $859,000

    • 4 Beds
    • 3.5 Baths
    • 536 Fordham Place
    • Paramus, NJ

    Welcome to this beautifully maintained Sugar Maple Split-Level home in the heart of desirable Paramus, a town celebrated for its vibrant community, top-rated schools, scenic parks, world-class shopping and dining, low taxes, and an easy NYC commute. This inviting home begins on the ground level with a welcoming entry foyer that leads to a cozy bedroom, a spacious family room featuring a

    Zohar Zamir Keller Williams Village Square Realty

    Section Image
  • 500 Fordham Place, Paramus, NJ 07652

    $999,900

    • 4 Beds
    • 3.5 Baths
    • 500 Fordham Place
    • Paramus, NJ

    Situated on an extremely private lot, almost half an acre. In-ground pool. Perfect for extended family. Ground floor has two car garage, office, waiting room, powder room, bedroom, full bath, family room, recreation room. First floor has a living room with fireplace, dining room, kitchen, family room, laundry, full bath, two bedrooms, and a primary suite with a full bath. Sold as is.

    Avner Zvulun RE/MAX SELECT - Franklin Lakes

    Section Image
  • 239 Homestead Rd, Paramus, NJ 07652

    $950,000

    • 4 Beds
    • 2.5 Baths
    • 239 Homestead Rd
    • Paramus, NJ

    Paramus awaits! Come experience this beautiful 4 bedroom, 2.5 bath bi-level, corner lot home in a quiet part of town. The home features a primary suite, hardwood floors, central air, a two car garage with driveway parking for an additional four cars and an outdoor patio. Close to parks, schools, houses of worship, shopping, restaurants and transportation to NYC.

    Steve Angeli CHRISTIE'S INT. REAL ESTATE GROUP

    Section Image
  • 408 Terhune Ave, Paramus, NJ 07652

    $679,000

    • 3 Beds
    • 1 Bath
    • 408 Terhune Ave
    • Paramus, NJ

    Discover an exciting opportunity to own a charming 3-bedroom, 1-bath Colonial in one of Bergen Countya€TMs most desirable towns. Whether you're looking to downsize, expand, or personalize your dream home, this property offers endless potential. Step inside to find an updated open-concept kitchen with dining area, complete with sliding glass doors that lead to an oversized deck. Additional

    David Conte Coldwell Banker, Allendale/Saddle River Valley

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hovsepian Edgar -- Chicago Title
Hovsepian Edgar $539,000 Chicago Title Insurance Co
Sadlon Edward -- Fidelity National Title Insu
Sadlon Edward $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadlon Edward $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $539,000 0.0% $482 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 Price Changed $539,000 -3.6% $482 / Sq Ft
12/30/2020 12/30/20 For Sale $559,000 0.0% $500 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $559,000 -- $500 / 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 $7,618 $518,800 $307,100 $211,700
2023 $7,214 $496,600 $292,400 $204,200
2022 $7,214 $464,800 $272,500 $192,300
2021 $7,025 $424,700 $255,900 $168,800
2020 $6,672 $418,300 $251,600 $166,700
2019 $6,368 $343,100 $242,600 $100,500
2018 $6,289 $343,100 $242,600 $100,500
2017 $6,179 $343,100 $242,600 $100,500
2016 $6,011 $343,100 $242,600 $100,500
2015 $5,949 $343,100 $242,600 $100,500
2014 $5,898 $343,100 $242,600 $100,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 20050535

New Jersey MLS

APN: 46-06614-0000-00011