NOT LISTED FOR SALE

227 Parsippany Rd Whippany, NJ 07981

Estimated Value: $821,000 - $1,368,000

5 Beds
5 Baths
4,000 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $467,000 $117 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,610/month

45 Days on Market

Highlights

  • Custom Home
  • 4 Car Attached Garage
  • Home Under Construction
  • Whippany Park High School Rated A-
  • Patio
  • Open Lot

About This Home

As of June 2019

Opportunity for a builder or for a buyer looking to design their dream home. Ready-to-finish custom home foot print allows endless possibilities for the new owner to use the shell and finish inside. This home can be 5-6 bedrooms, 3 full bathrooms plus 2 half bathrooms, huge kitchen and great room, foyer, office, 75" tandem garage, large basement, mother-daughter set up possibility...all sitting on almost an acre of sought-after Whippany property. Create the home of your dreams in a town known for its low taxes, great schools,and excellent municipal and recreational services. Near restaurants, shopping, and NYC transportation including the Mid-Town Direct train stations. The asking price is for the property as is...the house needs to be completed and completion is not included in the asking price.

Last Agent to Sell the Property

Lois DeCaro

FATHOM REALTY NJ Listed on: 10/14/2018

FATHOM REALTY NJ

Co-Listed By

CHRISTOPHER R. MARTINO

FATHOM REALTY NJ

Last Buyer's Agent

Lois DeCaro

FATHOM REALTY NJ Listed on: 10/14/2018

FATHOM REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,693

Year Renovated

  • 2018

Lot Details

  • 0.92 Acre Lot
  • Open Lot

Parking

  • 4 Car Attached Garage
  • Tandem Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Home Under Construction
  • Custom Home
  • Flat Roof Shape
  • Composition Shingle Roof
  • Stone Siding
  • Siding
  • Composite Building Materials

Interior Spaces

  • 4,000 Sq Ft Home
  • Great Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Beemeadow Elementary School
  • Memorialjr Middle School
  • Whippany High School

Additional Features

  • Patio
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2312-09304-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,693

Year Renovated

2018

Lot Details

0

Parking

4

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built Description: Under Construction
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Renovated Year: 2018
  • Street Number Display: 227
  • Directions: Route 10 to North Jefferson Road to Parsippany Road to #227
  • I D: 4844483
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Whippany
  • First Name: LOIS
  • First Name2: CHRISTOPHER R.
  • First Name3: LOIS
  • First Name4: CHRISTOPHER R.
  • Last Name: DECARO
  • Last Name2: MARTINO
  • Last Name3: DECARO
  • Last Name4: MARTINO
  • Office Phone: 888-455-6040
  • Office Phone2: 973-224-0661
  • Office Phone3: 888-455-6040
  • Office Phone4: 973-224-0661
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Number Rooms: 10
  • Bedrooms: 5
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Estimated Sq Ft: 4000
  • Phone: 888-455-6040

Exterior Features

  • Exterior Description: Composition Siding, Stone
  • Exterior Features: Patio
  • Roof Description: Composition Shingle, Flat

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Oversize Garage, Tandem
  • Number Garage Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: BeeMeadow
  • Middle School: MemorialJr
  • High School: Whippany
  • High School: Whippany
  • Middle Jr High School: MemorialJr

Lot Info

  • Lot Size: .921 AC
  • Assessed Improvement Value: 110700
  • Assessed Land Value: 204900
  • Assessment: 315600
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5693
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2312-09304-0000-00004-0000-
  • Tax Rate Amount: 1.757
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: BeeMeadow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2018
Closed on
Jun 21, 2019
Sold by
Bianchi Carmelo A and Bianchi Thomas J
Bought by
Shah Tejash and Vachhani Roshani
Seller's Agent
Lois DeCaro
FATHOM REALTY NJ
Buyer's Agent
Lois DeCaro
FATHOM REALTY NJ
List Price
$575,000
Sold Price
$467,000
Premium/Discount to List
-$108,000
-18.78%
Current Estimated Value
$1,059,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,956
Avg. Annual Appreciation
13.92%
Original Mortgage
$722,500
Outstanding Balance
$631,615
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$428,341

Purchase Details

Closed on
Oct 15, 2014
Sold by
Marino Maryanne and Marino Denise
Bought by
Bianchi Carmelo A and Bianchi Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2012
Sold by
Morino Maryanne
Bought by
Marino Maryanne and Marino Denise

Purchase Details

Closed on
Jun 20, 1997
Sold by
Duh Frank and Duh Lydia
Bought by
Marino Michael
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
Shah Tejash $467,000 None Available
Bianchi Carmelo A $360,000 Colonial Title & Abstract Sv
Marino Maryanne -- None Available
Marino Michael $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Tejash $722,500
Previous Owner Bianchi Carmelo A $353,479
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $467,000 0.0% $117 / Sq Ft
04/13/2019 04/13/19 Off Market $467,000 -- --
01/21/2019 01/21/19 Price Changed $525,000 -8.7% $131 / Sq Ft
12/31/2018 12/31/18 For Sale $575,000 -11.5% $144 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
10/14/2018 10/14/18 For Sale $650,000 -- $163 / 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 $12,081 $573,100 $204,900 $368,200
2024 $12,029 $573,100 $204,900 $368,200
2023 $12,029 $573,100 $204,900 $368,200
2022 $11,004 $573,100 $204,900 $368,200
2021 $11,004 $573,100 $204,900 $368,200
2020 $5,952 $315,600 $204,900 $110,700
2019 $5,971 $315,600 $204,900 $110,700
2018 $5,867 $315,600 $204,900 $110,700
2017 $5,693 $315,600 $204,900 $110,700
2016 $5,611 $315,600 $204,900 $110,700
2015 $5,387 $315,600 $204,900 $110,700
2014 $5,271 $315,600 $204,900 $110,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lois DeCaro

    FATHOM REALTY NJ

    (888) 455-6040

    27 in this area

    57 Total Sales

    Lois DeCaro
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    CHRISTOPHER R. MARTINO

    FATHOM REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3508914

Garden State MLS

APN: 12-09304-0000-00004

New Jersey Morris County Whippany 07981

227 Parsippany Rd, Whippany, NJ

This home is located at 227 Parsippany Rd, Whippany, NJ 07981 since 14 October 2018 and is currently estimated at $1,059,956, approximately $264 per square foot. 227 Parsippany Rd is a home located in Morris County with nearby schools including Whippany Park High School, Arrow Academy, and The Morristown-Beard School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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