NOT LISTED FOR SALE

116 Elmwood Dr Parsippany, NJ 07054

Estimated Value: $502,000 - $559,143

3 Beds
1.5 Baths
1,188 Sq Ft
$456/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $340,000 $286 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,593/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Loft
  • Lake Parsippany Elementary School Rated A
  • Attic
  • 5-minute walk to Lake Parsippany Park

About This Home

As of December 2016

Prop is two lots approx 40x216! Beautiful japanese type gardens,spacious yard and large deck!MUST SEE! Impeccable interior hdwd floors..2007-2009-new heat & a/c,windows,roof,.Paver stone dbl drivew Living room bay window brings in natural sunlight! Kitchen stainless refig and stove. Looking out your kit window you will feel like you are in your own park! You have to see this yard! should be showcased! Extra parking also at the end of the property. Exceptional curb appeal from the double paved driveway, newer front steps and landscaping. Enter into this lovely home and you will feel at home instantly. Warmly decorated, hardwood floors, carpeting and ceramic tiles are accented by soft paint colors & updated appliances. third level has additional loft and attic You must visit this home!!!

Last Agent to Sell the Property

Linda LoCastro

RE/MAX SELECT Listed on: 10/08/2016

RE/MAX SELECT

Last Buyer's Agent

MICHELLE PEREIRA

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Living Room
  • Loft
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Crawl Space

Home Security

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

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Lkparspny Elementary School
  • Brooklawn Middle School
  • Par-Hills High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2329-00309-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,138

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 116
  • Directions: Halsey Road to Elmwood-or- Allentown to Elmwood
  • I D: 4663073
  • Modified: 2021-09-23
  • Number Images: 19
  • Section Subdiv Development: Lake Parsippany
  • First Name: LINDA M.
  • First Name3: MICHELLE
  • Last Name: LICASTRO
  • Last Name3: PEREIRA
  • Office Phone: 973-575-6006
  • Office Phone3: 294394
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Ceramic Tile, Wood
  • Appliances: Carbon Monoxide Detector, Washer, Dishwasher, Self Cleaning Oven, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space, Walkout, Partial, Finished-Partially
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x11
  • Kitchen Level: First
  • Living Room Dim: 18x14
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Level: Third
  • Other Room 2: Laundry Room
  • Other Room2 Level: Ground
  • Level 1 Rooms: Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Loft, Attic
  • Ground Level Rooms: Powder Room, Laundry Room, Utility Room, Walkout
  • Phone: 973-575-6005

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Storage Shed, Thermal Windows/Doors, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Finished Garage, Garage Door Opener, Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Wall A/C Unit(s), Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LKParspny
  • Middle School: BrookLawn
  • High School: Par-Hills
  • High School: Par-Hills
  • Middle Jr High School: BrookLawn

Lot Info

  • Lot Size: .18
  • Assessed Improvement Value: 99100
  • Assessed Land Value: 123800
  • Assessment: 222900
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 16,9
  • Lot I D Tax: *
  • Total Acres: 0.18
  • Zoning: RES

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6138
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00309-0000-00016-0000-
  • Tax Rate Amount: 2.699
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LKParspny

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2016
Closed on
Dec 1, 2016
Sold by
Parrllo Joseph and Basarab Larlssa
Bought by
Franklin Mark Steven and Franklin Sarah Danlelle
Seller's Agent
Linda LoCastro
RE/MAX SELECT
Buyer's Agent
MICHELLE PEREIRA
WEICHERT REALTORS
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Current Estimated Value
$541,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,286
Avg. Annual Appreciation
5.44%
Original Mortgage
$272,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Olsen Scott M and Olsen Stephanie
Bought by
Parrillo Joseph and Basarab Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,582
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2003
Sold by
Weidmann Robert
Bought by
Olsen Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.28%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin Mark Steven $340,000 Zwiren Title Agency Inc
Parrillo Joseph $359,000 Fidelity Natl Title Ins Co
Olsen Scott $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Marks Steven $262,600
Closed Franklin Mark S $262,600
Closed Franklin Mark Steven $272,000
Previous Owner Parrillo Joseph $336,184
Previous Owner Parrillo Joseph $352,582
Previous Owner Olsen Scott $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $340,000 -2.6% $286 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/08/2016 10/08/16 For Sale $349,000 -- $294 / 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
2025 $8,516 $245,900 $146,800 $99,100
2024 $8,353 $245,900 $146,800 $99,100
2023 $8,353 $245,900 $146,800 $99,100
2022 $7,064 $222,900 $123,800 $99,100
2021 $7,064 $222,900 $123,800 $99,100
2020 $6,897 $222,900 $123,800 $99,100
2019 $6,712 $222,900 $123,800 $99,100
2018 $6,564 $222,900 $123,800 $99,100
2017 $6,417 $222,900 $123,800 $99,100
2016 $6,306 $222,900 $123,800 $99,100
2015 $6,139 $222,900 $123,800 $99,100
2014 $6,058 $222,900 $123,800 $99,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3341586

Garden State MLS

APN: 29-00309-0000-00016