Seller's Agent in 2023
Pinal Shah
Keller Williams City Views Realty
(201) 952-7387
4 in this area
84 Total Sales
72 Lotus Ln Paramus, NJ 07652
Estimated Value: $1,815,698
6
Beds
5.5
Baths
1,305
Sq Ft
$1,391/Sq Ft
Est. Value
Highlights
- Views to the North
- En-Suite Primary Bedroom
- Rectangular Lot
- Paramus High School Rated A-
- Central Air
About This Home
As of July 2023Young colonial built 5 1/2 years ago and over 6,000 sq ft seamlessly blends traditional and modern with 6 bedrooms nestled on a professionally landscaped setting on a very private street in the highly sought after Paramus town in Bergen County. The first floor features double story family room, hardwood floors throughout its multiple gathering areas designed for hosting large parties along with intimate gatherings. The EIK features high end appliances and a big center island with pot filler on gas rnge, pantry etc. In addition to the expansive en-suite master bathroom retreat with double sinks, dual head shower and separate Jacuzzi tub, this home also features 3 additional bedrooms with 2 baths on sec floor. The fully finished basement has its own charm with one more bedroom and full bath.This amazing home has a well landscaped front curb appeal and side yard for outdoor entertaining .Lower taxes and blue ribbon schools at walking distance ,close to NYC makes this home a must
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,244
Year Built
- 1950
Lot Details
- 0.25 Acre Lot
- Rectangular Lot
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Utilities
- Central Air
- 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 00009 / 02102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jul 17, 2023
Sold by
Gudapakkam Lakshmi N and Gudapakkam Sumitha N
Bought by
Payne Charles V and Payne Yvonne
Seller's Agent
Pinal Shah
Keller Williams City Views Realty
Buyer's Agent
Carla Ribeiro
Keller Williams Village Square Realty
List Price
$1,750,000
Sold Price
$1,505,000
Premium/Discount to List
-$245,000
-14%
Total Days on Market
63
Views
129
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
$310,698
Avg. Annual Appreciation
11.05%
Purchase Details
Listed on
Sep 8, 2017
Closed on
Dec 7, 2017
Sold by
72 Lotus Lane Llc
Bought by
Gudapakkam Lakshmi N
Seller's Agent
Keren Abraham
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
Zohar Zamir
KELLER WILLIAMS VILLAGE SQUARE
List Price
$1,249,000
Sold Price
$1,180,000
Premium/Discount to List
-$69,000
-5.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$944,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2016
Sold by
Chang Hui Ming and Chang Jiahuan
Bought by
72 Lotus Lane Llc
Purchase Details
Closed on
Jan 23, 1998
Sold by
Lotus Lane Ltd Partnership and Wolcott Richard C
Bought by
Chang Hui Ming and Chang Jiahuan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.02%
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 |
|---|---|---|---|
| Payne Charles V | $1,505,000 | Carnegie Title | |
| Gudapakkam Lakshmi N | $1,180,000 | -- | |
| 72 Lotus Lane Llc | $415,000 | -- | |
| Chang Hui Ming | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gudapakkam Lakshmi N | $789,000 | |
| Previous Owner | Gudapakkam Lakshmi N | $108,000 | |
| Previous Owner | Gudapakkam Lakshmi N | $944,000 | |
| Previous Owner | Chang Hui M | $210,000 | |
| Previous Owner | Chang Hui Ming | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2023 07/20/23 | Sold | $1,505,000 | -7.4% | $1,153 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | Price Changed | $1,625,000 | -7.1% | $1,245 / Sq Ft |
| 04/17/2023 04/17/23 | For Sale | $1,750,000 | +48.3% | $1,341 / Sq Ft |
| 12/11/2017 12/11/17 | Sold | $1,180,000 | -5.5% | $197 / Sq Ft |
| 11/03/2017 11/03/17 | Pending | -- | -- | -- |
| 09/08/2017 09/08/17 | For Sale | $1,249,000 | -- | $208 / 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 | $20,875 | $1,415,100 | $373,800 | $1,041,300 |
| 2023 | $19,844 | $1,360,800 | $356,400 | $1,004,400 |
| 2022 | $19,844 | $1,278,600 | $332,800 | $945,800 |
| 2021 | $19,244 | $1,163,500 | $293,000 | $870,500 |
| 2020 | $18,291 | $1,146,800 | $288,000 | $858,800 |
| 2019 | $16,103 | $867,600 | $242,000 | $625,600 |
| 2018 | $15,903 | $867,600 | $242,000 | $625,600 |
| 2017 | $6,221 | $345,400 | $242,000 | $103,400 |
| 2016 | $6,051 | $345,400 | $242,000 | $103,400 |
| 2015 | $5,989 | $345,400 | $242,000 | $103,400 |
| 2014 | $5,937 | $345,400 | $242,000 | $103,400 |
Source: Public Records
Agents Affiliated with this Home
-
Pinal Shah
-
Carla Ribeiro
Buyer's Agent in 2023
Carla Ribeiro
Keller Williams Village Square Realty
(201) 390-3980
11 in this area
87 Total Sales
-
Keren Abraham
Seller's Agent in 2017
Keren Abraham
KELLER WILLIAMS VILLAGE SQUARE
(201) 913-7283
38 in this area
74 Total Sales
-
Zohar Zamir
Buyer's Agent in 2017
Zohar Zamir
KELLER WILLIAMS VILLAGE SQUARE
(201) 780-7884
18 in this area
949 Total Sales
Map
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Source: New Jersey MLS
MLS Number: 23011040
APN: 46-02102-0000-00009
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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