NOT LISTED FOR SALE

545 Otto Place Paramus, NJ 07652

Estimated Value: $1,183,814 - $1,281,000

-- Bed
-- Bath
3,330 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 545 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,224,954, approximately $367 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
$1,224,954

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
Outstanding Balance
$3,085
Interest Rate
9.23%
Estimated Equity
$1,196,005
Source: Public Records

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.

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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.

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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.

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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.

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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
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

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 $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

New Jersey Bergen County Paramus 07652

545 Otto Place, Paramus, NJ

This home is located at 545 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,224,954, approximately $367 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.

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