NOT LISTED FOR SALE

531 Spring Valley Rd Paramus, NJ 07652

Estimated Value: $737,993 - $850,000

3 Beds
1.5 Baths
1,118 Sq Ft
$710/Sq Ft Est. Value

Last Sold March 19, 2021

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

Est. 47% increase in value since last sale

Current estimated payment $5,038/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 Listed By

Taylor Lucyk

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,367

Year Built

  • 1958

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

Year Built

1958

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
Total Days on Market
51
Current Estimated Value
$794,248

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
9.77%

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

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
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

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Map

Source: New Jersey MLS

MLS Number: 20050535

New Jersey MLS

APN: 46-06614-0000-00011