BEST WESTSIDE LOCATION WITH PROXIMITY TO NY TRANSPORTATION, SCHOOLS AND TOWN POOL. THE SPACIOUS 3,600+ SQUARE FT EXPANDED BI-LEVEL IS SET ON .36 ACRE. THE 5 BR 3BATH HOME HAS AN OPEN AND FLEXIBLE FLOOR PLAN. GROUND LEVEL IS COMPLETE WITH LIVING AREA, OFFICE, EAT IN AREA, FULL BATH AND LARGE BED ROOM. HOME HAS MULTI ZONED HEAT, CENTRAL AC, ALL IN THE HIGHLY DESIRABLE TOWN WITH LOW TAX AND GREAT SCHOOLS.
RE/MAX SELECT - Franklin LakesListed on: 04/25/2020
Home Details
Home Type
Single Family
Est. Annual Taxes
$10,672
Year Built
1975
Lot Details
0.36 Acre Lot
Rectangular Lot
Parking
Attached Garage
Home Design
Built in the 1970s
Bi-Level Home
Vinyl Construction Material
Interior Spaces
Fireplace
Views to the East
Bedrooms and Bathrooms
5 Bedrooms
En-Suite Primary Bedroom
3 Full Bathrooms
Location
Property is near a park
Property is near public transit
Property is near schools
Utilities
Central Air
Baseboard Heating
Heating System Uses Gas
Additional Features
Stairway
Deck
Listing and Financial Details
Assessor Parcel Number 024604914 00016
Home Details
Home Type
Single Family
Est. Annual Taxes
$10,672
Year Built
1975
Lot Details
0
Listing Details
Property Short: RES
Property Type: RES
Sub-Style: Bi-Level
Additional Sub Style: Expanded
Lifestyle: Close/Parks, Close/School, Close/Trans, Extended Family
Miscellaneous: Hdwd As In, Deck / Patio
Views/Exposure: East
Year Built: 1970's
Special Features: None
Property Sub Type: Detached
Interior Features
Number of Rooms: 12
Fireplace: 1 Fireplace
Bedrooms: 5
Total Bathrooms: 3.00
Primary Bathroom: Y
Full Bathrooms: 3
Basement: Grd Lv Acces
Exterior Features
Exterior: Vinyl
Waterfront: None
Garage/Parking
Garage: Attached, 2 Car
Utilities
Heating: Baseboard, Gas, Hot Water
Sewer: Municipal
Water Source: Municipal
Cooling: Central Air
Condo/Co-op/Association
Association: None
Lot Info
County Name: BERGEN
Locale: 400
Lot: 00016
Lot Description: Regular
Estimated Lot Sq Ft: 15531
Tax Info
Tax: 10672
Assessor Parcel Number: 024604914 00016
Ownership History
DateNameOwned ForOwner Type
Apr 2024 - PresentOluwo Joseph1 Year and 1 Month
Private Individual
Purchase Details
Closed on
Apr 5, 2024
Sold by
Collazo-Oluwo Yomaira and Oluwo Joseph
Bought by
Oluwo Joseph
Total Days on Market
86
Current Estimated Value
$910,466
Sep 2020 - Apr 2024Oluwo Joseph and Collazo Oluwo Yomaira3 Years and 7 Months
Private Individual
Purchase Details
Listed on
Apr 25, 2020
Closed on
Sep 17, 2020
Sold by
Sui Ke and Ye James
Bought by
Oluwo Joseph and Collazo Oluwo Yomaira
Seller's Agent
Elice Hong Shikama
RE/MAX SELECT - Franklin Lakes
Buyer's Agent
Luis Miranda
Coldwell Banker, Summit
List Price
$698,000
Sold Price
$670,000
Premium/Discount to List
-$28,000
-4.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$740,093
Interest Rate
2.9%
Mortgage Type
New Conventional
Apr 1996 - Sep 2020Ke Sui24 Years and 5 Months
Private Individual
Purchase Details
Closed on
Apr 29, 1996
Sold by
Purificacion Rodolfo and Purificacion Ignacio
Bought by
Ke Sui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.82%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax 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.
This home is located at 565 Otto Place, Paramus, NJ 07652 since 25 April 2020 and is currently estimated at $910,466, approximately $250 per square foot. This property was built in 1975. 565 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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