545 Otto Place Paramus, NJ 07652
Estimated Value: $1,272,000 - $1,474,000
--
Bed
--
Bath
3,480
Sq Ft
$393/Sq Ft
Est. Value
About This Home
This home is located at 545 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,366,338, approximately $392 per square foot. 545 Otto Place is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Paramus Catholic High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 1994
Sold by
Bakhash Jamil and Bakhash Ann
Bought by
Tekian Sevan and Tekian Vehanoush
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
$190,000
Interest Rate
9.23%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tekian Sevan | $380,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Tekian Sevan | $190,000 |
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 | $14,955 | $1,080,300 | $447,500 | $632,800 |
| 2024 | $13,341 | $987,800 | $386,700 | $601,100 |
| 2023 | $12,650 | $869,700 | $368,700 | $501,000 |
| 2022 | $12,650 | $815,100 | $344,400 | $470,700 |
| 2021 | $12,334 | $745,700 | $313,500 | $432,200 |
| 2020 | $11,865 | $743,900 | $318,500 | $425,400 |
| 2019 | $12,368 | $666,400 | $312,900 | $353,500 |
| 2018 | $12,215 | $666,400 | $312,900 | $353,500 |
| 2017 | $12,002 | $666,400 | $312,900 | $353,500 |
| 2016 | $11,675 | $666,400 | $312,900 | $353,500 |
| 2015 | $11,555 | $666,400 | $312,900 | $353,500 |
| 2014 | $11,455 | $666,400 | $312,900 | $353,500 |
Source: Public Records
Map
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