NOT LISTED FOR SALE

564 Otto Place Paramus, NJ 07652

Estimated Value: $1,283,855 - $1,328,000

Studio
-- Bath
2,770 Sq Ft
$470/Sq Ft Est. Value

About This Home

This home is located at 564 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,302,214, approximately $470 per square foot. 564 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
May 4, 2007
Sold by
Gecht Elise
Bought by
Marrabello Carmelo and Marrabello Alba
Current Estimated Value
$1,302,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$377,949
Interest Rate
6.21%
Estimated Equity
$924,265

Purchase Details

Closed on
Mar 15, 2007
Sold by
Gecht Gary
Bought by
Gecht Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$377,949
Interest Rate
6.21%
Estimated Equity
$924,265

Purchase Details

Closed on
Aug 18, 1997
Sold by
Gecht Gary
Bought by
Gecht Elise

Purchase Details

Closed on
Dec 20, 1995
Sold by
Hill Bruce
Bought by
Gecht Gary and Gecht Elise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Marrabello Carmelo $775,000 --
Gecht Elise -- --
Gecht Elise -- First American Title Ins Co
Gecht Gary $378,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrabello Carmelo $620,000
Previous Owner Gecht Gary $284,000
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
2025 $15,129 $1,092,700 $454,000 $638,700
2024 $14,694 $999,300 $392,700 $606,600
2023 $13,931 $957,900 $374,400 $583,500
2022 $13,931 $897,600 $349,600 $548,000
2021 $13,151 $795,100 $318,300 $476,800
2020 $12,642 $792,600 $323,300 $469,300
2019 $12,784 $688,800 $317,900 $370,900
2018 $12,626 $688,800 $317,900 $370,900
2017 $12,405 $688,800 $317,900 $370,900
2016 $12,068 $688,800 $317,900 $370,900
2015 $11,944 $688,800 $317,900 $370,900
2014 $11,840 $688,800 $317,900 $370,900
Source: Public Records

Map

New Jersey Bergen County Paramus 07652

564 Otto Place, Paramus, NJ

Not Listed for Sale

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