NOT LISTED FOR SALE

248 Elmwood Dr Parsippany, NJ 07054

Estimated Value: $496,847 - $589,000

-- Bed
-- Bath
1,892 Sq Ft
$291/Sq Ft Est. Value

About This Home

This home is located at 248 Elmwood Dr, Parsippany, NJ 07054 and is currently estimated at $549,712, approximately $290 per square foot. 248 Elmwood Dr is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2013
Sold by
Patel Haribhai N and Patel Anandiben H
Bought by
Patel Kamlesh H and Patel H
Current Estimated Value
$549,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$40,507
Interest Rate
2.66%
Mortgage Type
New Conventional
Estimated Equity
$509,205

Purchase Details

Closed on
Sep 27, 2010
Sold by
Patel Haribhai N and Patel Anandiben
Bought by
Patel Haribhai N and Patel Kamlesh H

Purchase Details

Closed on
Dec 13, 1996
Sold by
Schwartz Abby and Schwartz Sylvia
Bought by
Rizk Wahid and Rizk Zainab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
7.5%
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.

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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.

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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.

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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.

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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 Kamlesh H -- Agent For First American Tit
Patel Haribhai N -- None Available
Rizk Wahid $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kamlesh H $165,000
Previous Owner Patel Haribhai N $189,500
Previous Owner Rizk Wahid $138,600
Source: Public Records

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 $7,704 $226,800 $134,500 $92,300
2023 $7,704 $226,800 $134,500 $92,300
2022 $7,187 $226,800 $134,500 $92,300
2021 $7,187 $226,800 $134,500 $92,300
2020 $7,017 $226,800 $134,500 $92,300
2019 $6,829 $226,800 $134,500 $92,300
2018 $6,679 $226,800 $134,500 $92,300
2017 $6,530 $226,800 $134,500 $92,300
2016 $6,416 $226,800 $134,500 $92,300
2015 $6,246 $226,800 $134,500 $92,300
2014 $6,164 $226,800 $134,500 $92,300
Source: Public Records

Map

New Jersey Morris County Parsippany 07054

248 Elmwood Dr, Parsippany, NJ

This home is located at 248 Elmwood Dr, Parsippany, NJ 07054 and is currently estimated at $549,712, approximately $290 per square foot. 248 Elmwood Dr is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High School.

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