Seller's Agent in 2023
Rich Kim
Real
(201) 500-4886
4 in this area
181 Total Sales
66 Knollwood Dr Paramus, NJ 07652
Estimated Value: $1,776,000 - $1,976,000
6
Beds
5.5
Baths
1,965
Sq Ft
$949/Sq Ft
Est. Value
Highlights
- New Construction
- En-Suite Primary Bedroom
- Central Air
- Paramus High School Rated A-
About This Home
As of October 2023On NEW FOUNDATION. Indulge in the epitome of luxury living with this exquisite modern masterpiece, boasting 6 bedrooms, 5.5 bathrooms, and a generous 5500 square feet of living space. Step into the dramatic 2-story foyer, it's clear that no detail has been overlooked, with custom woodwork throughout and designer cabinetry and luxury appliances in the kitchen, complete with a grand island for entertaining. Upstairs, the primary suite is a tranquil oasis, featuring custom closets and a spa-like bathroom with a soaking tub, double vanities, and rainfall shower. Fully finished basement includes a movie rm, rec rm, and full bath, creating a haven of relaxation and entertainment. You'll enjoy year-round comfort with high-reflex double insulation, Hardie plank fiber cement siding and a full house generator, providing peace of mind in any weather. Situated in the highly sought-after Paramus area, minutes from Van Sun Park, malls, dining, and major highways, this location is simply gold.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,101
Year Built
- 1950
Lot Details
- 9,776 Sq Ft Lot
- Irregular Lot
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
Schools
- Memorial Elementary School
- East Brook Middle School
- Paramus High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00002 / 01308
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2023
Closed on
Sep 28, 2023
Sold by
Choi Kyong Ho
Bought by
Gkouveris Georgios and Stefanitsis Eliana G
Seller's Agent
Rich Kim
Real
Buyer's Agent
Merna Testino
Keller Williams Town Life
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Total Days on Market
82
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,071
Avg. Annual Appreciation
8.41%
Original Mortgage
$825,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 17, 2021
Closed on
May 24, 2021
Sold by
Chi Jeffrey and Chen Chiming Liu
Bought by
Choi Kyong Ho
Seller's Agent
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Buyer's Agent
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
List Price
$599,000
Sold Price
$613,000
Premium/Discount to List
$14,000
2.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.05%
Purchase Details
Closed on
Jun 28, 1996
Sold by
Swan Henry and Thomas Annie
Bought by
Chen Jeffrey Chi Chao and Chen Chiming Liu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.05%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gkouveris Georgios | $1,650,000 | Fidelity National Title | |
| Choi Kyong Ho | $613,000 | Westcor Land Title Ins Co | |
| Chen Jeffrey Chi Chao | $227,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gkouveris Georgios | $825,000 | |
| Previous Owner | Chen Jeffrey Chi Chao | $182,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $1,650,000 | -8.3% | $840 / Sq Ft |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | For Sale | $1,799,000 | +193.5% | $916 / Sq Ft |
| 05/24/2021 05/24/21 | Sold | $613,000 | +2.3% | $312 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $599,000 | -- | $305 / Sq Ft |
Source: New Jersey MLS
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 |
|---|---|---|---|---|
| 2024 | $10,101 | $1,664,600 | $376,000 | $1,288,600 |
| 2023 | $5,196 | $658,500 | $358,500 | $300,000 |
| 2022 | $5,196 | $334,800 | $334,800 | $0 |
| 2021 | $7,843 | $474,200 | $294,800 | $179,400 |
| 2020 | $7,453 | $467,300 | $289,800 | $177,500 |
| 2019 | $7,392 | $398,300 | $250,600 | $147,700 |
| 2018 | $7,301 | $398,300 | $250,600 | $147,700 |
| 2017 | $7,173 | $398,300 | $250,600 | $147,700 |
| 2016 | $6,978 | $398,300 | $250,600 | $147,700 |
| 2015 | $6,907 | $398,300 | $250,600 | $147,700 |
| 2014 | $6,847 | $398,300 | $250,600 | $147,700 |
Source: Public Records
Agents Affiliated with this Home
-
Rich Kim
-
Merna Testino
Buyer's Agent in 2023
Merna Testino
Keller Williams Town Life
8 in this area
150 Total Sales
-
Hongjuan An
Seller's Agent in 2021
Hongjuan An
Prominent Properties Sotheby's International Realty-Englewood Cliffs
(551) 574-3228
1 in this area
66 Total Sales
Map
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Source: New Jersey MLS
MLS Number: 23020061
APN: 46-01308-0000-00002
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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