NOT LISTED FOR SALE

11 Reaville Ct Parsippany, NJ 07054

Estimated Value: $580,652 - $713,000

3 Beds
2 Baths
1,788 Sq Ft
$358/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $500,000 $280 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,348/month

10 Days on Market

Highlights

  • Above Ground Pool
  • Lake Privileges
  • Main Floor Bedroom
  • Lake Parsippany Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Lake Parsippany Park

About This Home

As of July 2021

Great Location!!! Spacious 3 Br, 2 Full Bath and with an Office/Den In Lake Parsippany. Eat In Kitchen With SS Appliances, Granite Counters, Pantry, Built in Granite Table w/ Seating. Large Living Room w/ Lots of light, Adjacent Formal Dining, Spacious Master Bedroom and Two Additional Bedrooms, HW Floors through out first floor, Large Open Family room w/Full Wet Bar in Lower Level, Full Bath, Office Room, Attached 1 Car Garage, Large Back Yard w/ Above Ground Pool, Patio, Storage Shed Walking Distane to LK Parsippany Park/Picnic/Sports/Recreation Area. Optional Lake Privileges. Award winning lake Parsippany School System. Close to Shopping, Transportation and Highways.

Last Agent to Sell the Property

MAHALAKSHMI GULLAPALLI

WEICHERT REALTORS Listed on: 05/25/2021

Last Buyer's Agent

NEIL DEEPAK MURJANI

WEICHERT REALTORS CORP HQ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,818

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Privacy Fence

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Shingle Roof
  • Tile

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Garage Access

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Lake Privileges
  • Patio
  • Storage Shed

Schools

  • Lkparspny Elementary School
  • Brooklawn Middle School
  • Parsippany High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00312-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,818

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$16 per month

Parking

1

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1970
  • Year Built Description: Renovated
  • County Name: Morris
  • Street Number Display: 11
  • Directions: Rt 202 To Halsey to Reaville
  • I D: 5074669
  • Modified: 2022-07-08
  • Number Images: 24
  • Section Subdiv Development: Lake Parsippany
  • First Name: MAHALAKSHMI
  • First Name3: NEIL DEEPAK
  • Last Name: GULLAPALLI
  • Last Name3: MURJANI
  • Office Phone: 973-334-9400
  • Office Phone3: 305098
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, OvnWElec
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Number Rooms: 9
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Ground
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 15x13
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
  • Ground Level Rooms: Bath(s) Other, Den, Family Room, GameRoom, GarEnter, Utility Room, Walkout
  • Phone: 973-334-9400

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Patio, Privacy Fence, Storage Shed, Storm Door(s)
  • Pool: Yes
  • Pool Description: Above Ground
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Lake Privileges
  • Association Maintenance Fee: 195
  • Association Maintenance Fee Frequency: Annually

Schools

  • Elementary School: LKParspny
  • Middle School: BrookLawn
  • High School: Parsippany
  • High School: Parsippany
  • Middle Jr High School: BrookLawn

Lot Info

  • Lot Size: .124 AC
  • Assessed Improvement Value: 121700
  • Assessed Land Value: 131000
  • Assessment: 252700
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7818
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00312-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LKParspny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 30, 2021
Sold by
Manoharan Srinivasan and Srinivasan Kalaivani
Bought by
Patel Boney and Patel Ayesha
Seller's Agent
MAHALAKSHMI GULLAPALLI
WEICHERT REALTORS
Buyer's Agent
NEIL DEEPAK MURJANI
WEICHERT REALTORS CORP HQ
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Total Days on Market
10
Current Estimated Value
$640,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,163
Avg. Annual Appreciation
6.46%
Original Mortgage
$380,000
Outstanding Balance
$348,982
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$291,181

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 10, 2017
Sold by
Stefel Ruthann
Bought by
Stefel Srinivasan
Seller's Agent
KATHRYN MASTERS
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
MAHALAKSHMI GULLAPALLI
WEICHERT REALTORS
List Price
$369,900
Sold Price
$369,000
Premium/Discount to List
-$900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$343,170
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1997
Sold by
Quirke Thomas E and Quirke Michelle Kruczek
Bought by
Stefel James J and Stefel Ruthann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
11.75%
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
Patel Boney $500,000 Fidelity National Ttl Ins Co
Stefel Srinivasan $369,000 Fidelity National Title Ins
Stefel James J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Boney $380,000
Previous Owner Manoharan Srinivasan $323,620
Previous Owner Stefel Srinivasan $343,170
Previous Owner Stefel James J $168,800
Previous Owner Stefel James J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $500,000 +11.1% $280 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $449,900 +21.9% $252 / Sq Ft
05/19/2017 05/19/17 Sold $369,000 -0.2% $206 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $369,900 -- $207 / Sq Ft
Source: Garden State 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 $9,070 $267,000 $131,000 $136,000
2023 $9,070 $267,000 $131,000 $136,000
2022 $8,008 $267,000 $131,000 $136,000
2021 $8,008 $252,700 $131,000 $121,700
2020 $7,819 $252,700 $131,000 $121,700
2019 $7,609 $252,700 $131,000 $121,700
2018 $7,442 $252,700 $131,000 $121,700
2017 $7,275 $252,700 $131,000 $121,700
2016 $7,149 $252,700 $131,000 $121,700
2015 $6,959 $252,700 $131,000 $121,700
2014 $6,868 $252,700 $131,000 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3715086

Garden State MLS

APN: 29-00312-0000-00003