NOT LISTED FOR SALE

72 Lotus Ln Paramus, NJ 07652

Estimated Value: $1,703,000 - $1,912,000

6 Beds
5.5 Baths
1,305 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $1,505,000 $1,153 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,734/month

63 Days on Market

Highlights

  • Views to the North
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Paramus High School Rated A-
  • Central Air

About This Home

As of July 2023

Young 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

Last Agent to Sell the Property

Pinal Shah

Keller Williams City Views Realty Listed on: 04/17/2023

Keller Williams City Views Realty

Last Buyer's Agent

Carla Ribeiro

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,244

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,244

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North
  • Co List Office Phone: 201-592-8900
  • MLS Status: Sold - Sold
  • Directions: Spring valley to kennedy to lotus
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 2010's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: FULLY FINISHED,BDRM,FULL BTH

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 11024.0

Tax Info

  • Tax Annual Amount: 19244.0
  • Tax Block: 02102
  • Tax Lot: 00009

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
$1,800,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,987
Avg. Annual Appreciation
9.64%

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%
Source: Public Records

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Range of Values:

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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
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

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
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

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Map

Source: New Jersey MLS

MLS Number: 23011040

New Jersey MLS

APN: 46-02102-0000-00009