$235,000
SOLD MAY 27, 2016

25 Pitman Rd Parsippany, NJ 07054

3 Beds
1 Bath
1,120 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$210 Per Sq Ft

43 Days on Market

Highlights

  • Main Floor Bedroom
  • Formal Dining Room
  • Bungalow
  • Lake Parsippany Elementary School Rated A
  • Living Room

About This Home

As of January 2017

Let me introduce you to our home featuring three bedrooms, one full bath, living room, dining room and sliding glass doors leading to a very large fenced in scenic backyard. Buyer responsible for C/O, smoke, and any/all certifications. *You must have the form in your possession prior to loading an offer into Res.Net for Citi consideration, indicated by a note in the comments field "Buyer signed disclosure form is received."

Last Agent to Sell the Property

LARRY SHARPE

SHARPE REALTY INC./MAPLEWOOD Listed on: 02/01/2016

Last Buyer's Agent

Andrea Martone

REALTY EXECUTIVES PLATINUM

REALTY EXECUTIVES PLATINUM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1945

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Additional Features

  • 6,098 Sq Ft Lot
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2329-00323-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,925

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Style: Bungalow
  • Primary Style: Bungalow
  • Subproperty Type: Single Family
  • Year Built: 1945
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 25
  • Directions: Littleton Road to Halsey Road to Pitman Road
  • I D: 4596504
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: LARRY
  • First Name3: ANDREA
  • Last Name: SHARPE
  • Last Name3: MARTONE
  • Office Phone: 973-378-8003
  • Office Phone3: 973-887-0095
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 5
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Level 1 Rooms: Living Room, 3 Bedrooms, Bath Main, Kitchen, Dining Room
  • Phone: 973-378-8003

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Electric
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: .138 AC
  • Assessed Improvement Value: 65100
  • Assessed Land Value: 134500
  • Assessment: 199600
  • Easement: Unknown
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4925
  • Assessor Parcel Number: 2329-00323-0000-00005-0000-
  • Tax Rate Amount: 2.699
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2020
Sold by
Tummalapalli Suresh and Satyasree Tummalapalli
Bought by
Tummalapalli Suresh and Satyasree Tummalapalli
Current Estimated Value
$838,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,575
Outstanding Balance
$369,637
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$481,110

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 4, 2017
Sold by
Paul Powers Construction Inc
Bought by
Tummalapalli Suresh
Seller's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
Buyer's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
List Price
$580,000
Sold Price
$575,000
Premium/Discount to List
-$5,000
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$460,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 12, 2016
Sold by
Citifinancial Servicing Llc
Bought by
Paul Powers Construction Inc
Seller's Agent
LARRY SHARPE
SHARPE REALTY INC./MAPLEWOOD
Buyer's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
List Price
$233,900
Sold Price
$235,000
Premium/Discount to List
$1,100
0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
333.56%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Schwegel Katherine A
Bought by
Citifinancila Servicing 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 Type Sale Price Title Company
Interfamily Deed Transfer -- Closing Usa Llc
Deed $575,000 Old Republic Natl Title Ins
Deed $235,000 Elite Title Group Llc
Deed $338,444 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,575 New Conventional
Closed $460,000 Adjustable Rate Mortgage/ARM
Previous Owner $320,849 Unknown
Previous Owner $267,951 Unknown
Previous Owner $218,000 Stand Alone Second
Previous Owner $198,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $575,000 -0.9% $513 / Sq Ft
11/24/2016 11/24/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $580,000 +146.8% $518 / Sq Ft
05/27/2016 05/27/16 Sold $235,000 +0.5% $210 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $233,900 -- $209 / 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 $13,180 $388,000 $134,500 $253,500
2023 $13,180 $388,000 $134,500 $253,500
2022 $12,296 $388,000 $134,500 $253,500
2021 $12,296 $388,000 $134,500 $253,500
2020 $12,005 $388,000 $134,500 $253,500
2019 $11,683 $388,000 $134,500 $253,500
2018 $11,427 $388,000 $134,500 $253,500
2017 $3,872 $134,500 $134,500 $0
2016 $5,647 $199,600 $134,500 $65,100
2015 $4,997 $199,600 $134,500 $65,100
2014 $4,925 $199,600 $134,500 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Andrea Martone

    Seller's Agent in 2017

    Andrea Martone

    REALTY EXECUTIVES PLATINUM

    (973) 886-2626

    75 in this area

    164 Total Sales

    Section Image

  • L

    Seller's Agent in 2016

    LARRY SHARPE

    SHARPE REALTY INC./MAPLEWOOD

See All Agents

Map

Source: Garden State MLS

MLS Number: 3279387

Garden State MLS

APN: 29-00323-0000-00005

New Jersey Morris County Parsippany 07054

25 Pitman Rd, Parsippany, NJ

This home is located at 25 Pitman Rd, Parsippany, NJ 07054 and is currently priced at $235,000, approximately $209 per square foot. This property was built in 1945. 25 Pitman Rd is a home located in Morris County with nearby schools including Lake Parsippany Elementary School, Brooklawn Middle School, and Parsippany Hills High 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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