NOT LISTED FOR SALE

29 Farmstead Dr Parsippany, NJ 07054

Estimated Value: $773,000 - $840,000

5 Beds
3 Baths
2,398 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $510,000 $213 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,563/month

142 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Den
  • Lake Hiawatha Elementary School Rated A-
  • Corner Lot
  • Formal Dining Room

About This Home

As of September 2020

Imagine coming home to this spacious 5 Bedroom expanded ranch, just minutes from downtown Lake Hiawatha, close to schools and houses of worship. This home could be the home you've been waiting for! The open living room/dining room offer great views of the front yard, while the family opens to the kitchen and a huge 3-season room. The first floor also features 3 bedrooms and 2 baths, while the second floor addition offers 2 large bedrooms and another full bath. There is a master bedroom on each floor. A finished partial basement completes the home. Home is NOT in a flood zone. Rain gardens in front of the home are designed to absorb storm runoff and have reduced sump pump activity and greatly reduced pooling of water in yard and driveway.

Last Agent to Sell the Property

TIMOTHY TYLER

COLDWELL BANKER REALTY Listed on: 02/29/2020

Last Buyer's Agent

Safi Chagatay

TOP VALUE REALTY

TOP VALUE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,263

Year Built

  • Built in 1970

Lot Details

  • 0.36 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,398 Sq Ft Home
  • Skylights
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Lkhiawatha Elementary School
  • Central Middle School
  • Parsippany High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2329-00478-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,263

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Style: Expanded Ranch
  • Primary Style: Expanded Ranch
  • Subproperty Type: Single Family
  • Year Built: 1970
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 29
  • Directions: Vail Rd to Roosevelt to corner of Farmstead
  • I D: 4962627
  • Modified: 2021-09-30
  • Number Images: 22
  • First Name: TIMOTHY
  • First Name3: SAFI
  • Last Name: TYLER
  • Last Name3: CHAGATAY
  • Office Phone: 973-913-1037
  • Office Phone3: 973-769-0366
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Range/Oven-Electric, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Skylight, Smoke Detector
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Crawl Space, Partial
  • Basement Level Rooms: Den
  • Dining Room Level: First
  • Den Level: Basement
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x13
  • Kitchen Level: First
  • Living Room Dim: 17x11
  • Living Room Level: First
  • Other Room 1: Florida/3Season
  • Other Room1 Dim: 18x13
  • Other Room1 Level: First
  • Other Room 2: Bedroom
  • Other Room2 Dim: 11x18
  • Other Room2 Level: Second
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Family Room, Kitchen, LivDinRm
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 2398
  • Phone: 973-378-8300

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LKHiawatha
  • Middle School: Central
  • High School: Parsippany
  • High School: Parsippany
  • Middle Jr High School: Central

Lot Info

  • Lot Size: .360 AC
  • Assessed Improvement Value: 203800
  • Assessed Land Value: 212200
  • Assessment: 416000
  • Lot Description: Corner
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.36

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12263
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00478-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.948
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LKHiawatha

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Aug 6, 2020
Sold by
Elbin Gregory and Elbin Susan
Bought by
Sakariya Akshay and Khirsaria Avani
Seller's Agent
TIMOTHY TYLER
COLDWELL BANKER REALTY
Buyer's Agent
Safi Chagatay
TOP VALUE REALTY
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Current Estimated Value
$801,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,862
Avg. Annual Appreciation
8.31%
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Baumgartner Ruth
Bought by
Elbin Gregory and Elbin Susan

Purchase Details

Closed on
Jun 29, 1995
Sold by
Amabile Joseph A and Amabile Donna L
Bought by
Baumgartner Elizabeth and Elbin Gregory
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
Sakariya Akshay $510,000 The Security Title Guarantee
Elbin Gregory -- --
Baumgartner Elizabeth $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakariya Akshay $420,000
Previous Owner Elbin Gregorey $275,000
Previous Owner Elbin Gregory $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $510,000 -1.9% $213 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $520,000 -2.8% $217 / Sq Ft
05/01/2020 05/01/20 Price Changed $535,000 -2.7% $223 / Sq Ft
03/02/2020 03/02/20 For Sale $550,000 0.0% $229 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $550,000 -- $229 / 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 $14,069 $416,000 $212,200 $203,800
2023 $14,069 $416,000 $212,200 $203,800
2022 $13,162 $416,000 $212,200 $203,800
2021 $13,162 $416,000 $212,200 $203,800
2020 $12,884 $416,000 $212,200 $203,800
2019 $12,538 $416,000 $212,200 $203,800
2018 $12,264 $416,000 $212,200 $203,800
2017 $12,068 $416,000 $212,200 $203,800
2016 $11,777 $416,000 $212,200 $203,800
2015 $11,486 $416,000 $212,200 $203,800
2014 $11,332 $416,000 $212,200 $203,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3620064

Garden State MLS

APN: 29-00478-0000-00007