NOT LISTED FOR SALE

16 Leonardo Rd Parsippany, NJ 07054

Estimated Value: $740,714 - $788,000

4 Beds
3 Baths
946 Sq Ft
$807/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $525,000 $555 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,006/month

Highlights

  • Raised Ranch Architecture
  • Formal Dining Room
  • Eat-In Kitchen
  • Lake Parsippany Elementary School Rated A
  • 1 Car Attached Garage
  • Living Room

About This Home

As of November 2018

New Construction built with high quality materials and craftsmanship! Standard features include a first floor bedroom and full bath, Eat-In Kitchen and baths with granite, Spacious Family Room, Formal Living and Dining rooms, oak and tile flooring, forced hot and central air, built in Garage, and much more!

Last Agent to Sell the Property

Andrea Martone

REALTY EXECUTIVES PLATINUM Listed on: 11/01/2018

REALTY EXECUTIVES PLATINUM

Last Buyer's Agent

Rusi Gandhi

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,974

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2329-00258-0000-00012-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,974

Lot Details

0

Parking

1

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • County Name: Morris
  • Street Number Display: 16
  • Directions: Beechwood to Leonardo
  • I D: 4849440
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: ANDREA
  • First Name3: RUSI D
  • Last Name: MARTONE
  • Last Name3: GANDHI
  • Office Phone: 973-887-0095
  • Office Phone3: 236574
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Dishwasher, Microwave Oven
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Level: Second
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Level: First
  • Level 1 Rooms: 1 Bedroom, Laundry Room, Foyer, Bath Main, Family Room
  • Level 2 Rooms: 3 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Phone: 973-335-4600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: 1 Unit, 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

Lot Info

  • Lot Size: .092 AC
  • Assessed Land Value: 123000
  • Assessment: 123000
  • Easement: Unknown
  • Lot Identifier: 12
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4974
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00258-0000-00012-0000-
  • Tax Rate Amount: 2.818
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Patel Ashwinkumar S and Patel Ila A
Bought by
Patel Ila A and Patel Ashwinkumar S
Current Estimated Value
$763,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$218,416
Interest Rate
3.55%
Mortgage Type
Balloon
Estimated Equity
$545,013

Purchase Details

Closed on
Dec 25, 2019
Sold by
Patel Ashwinkumar and Patel Ila A
Bought by
Patel Ashwinkumar and Patel Ila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2019
Sold by
Patel Ashwinkumar S and Patel Ila A
Bought by
Patel Ashwinkumar S and Patel Ila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 16, 2018
Sold by
Paul Powers Construction Inc
Bought by
Patel Ashwinkumar and Patel Keyur A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Sold by
Arbeasset Llc
Bought by
Paul Powers Construction Inc

Purchase Details

Closed on
Jun 10, 2016
Sold by
Birgo Muniocipal Finacial Fung Lp
Bought by
Arbe Assets Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 Ila A -- Savas Madeline Rizzo
Patel Ila A -- None Listed On Document
Patel Ashwinkumar -- None Available
Patel Ashwinkumar S -- None Available
Patel Ashwinkumar $525,000 Core Title
Paul Powers Construction Inc $125,000 None Available
Arbe Assets Llc $75,000 Ctl Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ila A $240,000
Closed Patel Ila A $240,000
Previous Owner Patel Keyur A $241,000
Previous Owner Patel Ashwinkumar $250,000
Previous Owner Patel Ashwinkumar S $241,000
Previous Owner Patel Ashwinkumar $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $525,000 0.0% $555 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $525,000 -- $555 / 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 $11,698 $337,800 $123,000 $214,800
2024 $11,475 $337,800 $123,000 $214,800
2023 $11,475 $337,800 $123,000 $214,800
2022 $10,705 $337,800 $123,000 $214,800
2021 $10,705 $337,800 $123,000 $214,800
2020 $10,452 $337,800 $123,000 $214,800
2019 $10,171 $337,800 $123,000 $214,800
2018 $3,622 $123,000 $123,000 $0
2017 $4,975 $172,800 $123,000 $49,800
2016 $4,889 $172,800 $123,000 $49,800
2015 $4,759 $172,800 $123,000 $49,800
2014 $4,697 $172,800 $123,000 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3513197

Garden State MLS

APN: 29-00258-0000-00012