NOT LISTED FOR SALE

57 Fairmount Place Paramus, NJ 07652

Estimated Value: $1,653,000 - $1,862,587

5 Beds
7 Baths
5,964 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,460,000 $245 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,682/month

12 Days on Market

Highlights

  • Views to the North
  • Cul-De-Sac
  • Central Air
  • Paramus High School Rated A-
  • En-Suite Primary Bedroom
  • 4-minute walk to Buehler Park

About This Home

As of June 2024

Nestled on a tranquil cul-de-sac street this stunning home epitomizes luxury living. Boasting 5 ensuite bedrooms, 2 guest baths and a 3 car garage. The centerpiece of the main level is the magnificent two-story great room that is bathed in natural light from expansive windows which creates an inviting space for gatherings. The adjacent kitchen features high-end appliances and elegant finishes. The dining room offers a refined setting for formal meals and holiday gatherings. A formal greeting room and full ensuite bedroom round up the main level. Front and rear staircases offer convenient access throughout the home. Upstairs, the spacious principle suite is complete with a spa-like ensuite bath and spacious walk-in closet. An office and 4 additional ensuite bedrooms provide comfort and privacy. Descending to the walkout basement you'll find a media room and large finished recreation area. Outside, a serene backyard oasis awaits, perfect for outdoor gatherings and relaxation.

Last Agent to Sell the Property

Christian Di Stasio

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 04/04/2024

Prominent Properties Sotheby's International Realty-Tenafly

Last Buyer's Agent

Christine Shin

2Win Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,916

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac

Parking

  • 3 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Midland Elementary School
  • East Brook Middle School
  • Paramus High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00001 / 00512

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,916

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: North, South
  • Co List Office Phone: (201) 568-5668
  • MLS Status: Sold - Sold
  • Directions: Google Maps / GPSgle Maps / GPSs
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 2000's
  • PropertySubTypeAdditional: 2story
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: Walk out, HB, Media Rm, Recreation Rm, 2 Storage Rms, Utility Rm

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Stone Faced, Vinyl Siding

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned

Schools

  • Elementary School: Midland E.S.
  • High School: Paramus H.S.
  • Middle Or Junior School: East Brook M.S.
  • Elementary: Midland E.S.

Lot Info

  • Lot Size Sq Ft: 18550.0

Tax Info

  • Tax Annual Amount: 24916.0
  • Tax Block: 00512
  • Tax Lot: 00001

MLS Schools

  • High School Text: Paramus H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 25, 2024
Sold by
Burke Thomas E and Burke Susan
Bought by
Kim Kilwon and Chun Junga
Seller's Agent
Christian Di Stasio
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Christine Shin
2Win Realty LLC
List Price
$1,375,888
Sold Price
$1,460,000
Premium/Discount to List
$84,112
6.11%
Views
125
Current Estimated Value
$1,709,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,012
Avg. Annual Appreciation
15.24%
Original Mortgage
$1,070,000
Outstanding Balance
$1,061,825
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$647,187

Purchase Details

Closed on
Nov 7, 2003
Sold by
Burke John
Bought by
Burke Thomas and Burke Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%
Source: Public Records

Range of Values:

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Average Value
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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
Kim Kilwon $1,460,000 Mundus Title Agency
Burke Thomas $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Kilwon $1,070,000
Previous Owner Burke Thomas E $500,000
Previous Owner Burke Thomas $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,460,000 +6.1% $245 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $1,375,888 -- $231 / 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
2025 $26,923 $1,695,300 $400,000 $1,295,300
2024 $26,204 $1,778,300 $370,800 $1,407,500
2023 $24,916 $1,708,200 $351,900 $1,356,300
2022 $24,916 $1,605,400 $329,400 $1,276,000
2021 $24,413 $1,476,000 $302,600 $1,173,400
2020 $23,194 $1,454,200 $297,600 $1,156,600
2019 $22,714 $1,223,800 $309,300 $914,500
2018 $22,432 $1,223,800 $309,300 $914,500
2017 $22,041 $1,223,800 $309,300 $914,500
2016 $21,441 $1,223,800 $309,300 $914,500
2015 $21,221 $1,223,800 $309,300 $914,500
2014 $21,037 $1,223,800 $309,300 $914,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24009899

New Jersey MLS

APN: 46-00512-0000-00001