NOT LISTED FOR SALE

Estimated Value: $755,000 - $799,000

5 Beds
3 Baths
2,312 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $749,900 $324 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,415/month

24 Days on Market

About This Home

As of December 2023

This home is located at 3 Cherry Ln, Parsippany, NJ 07054 since 10 October 2023 and is currently estimated at $781,589, approximately $338 per square foot. This property was built in 1965. 3 Cherry Ln is a home located in Morris County with nearby schools including Lake Hiawatha Elementary School, Central Middle School, and Parsippany High School.

Last Listed By

Kenny Urbina

RE/MAX SELECT Brokerage Phone: 973-625-0450 Listed on: 10/10/2023

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,480

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,480

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Morris
  • Street Number Display: 3
  • I D: 5249712
  • Modified: 2024-12-30
  • Number Images: 1
  • Attribution Contact: 973-625-0450
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .344 AC
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 19, 2023
Sold by
Eagle Property Group Llc
Bought by
Gao He
Seller's Agent
Kenny Urbina
RE/MAX SELECT
Buyer's Agent
SU ZHENG
EXP REALTY, LLC
List Price
$749,900
Sold Price
$749,900
Total Days on Market
24
Views
241
Current Estimated Value
$781,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,689
Avg. Annual Appreciation
5.05%
Original Mortgage
$450,000
Outstanding Balance
$445,267
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$358,528

Purchase Details

Closed on
Sep 14, 2022
Sold by
Ellen Tankel Testamentary Trust
Bought by
Eagle Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2019
Sold by
Tankel David and Estate Of Ellen Tankel
Bought by
Tankel David and Trust Established Inarticle Vi

Range of Values:

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ICE

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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
Gao He $749,900 North Bergen Title
Eagle Property Group Llc $335,000 --
Tankel David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao He $450,000
Closed Gao He $450,000
Previous Owner Eagle Property Group Llc $525,000
Previous Owner Tankel Ellen $310,000
Previous Owner Tankel Ellen $340,000
Previous Owner Tankel Ellen $260,000
Previous Owner Tankel Richard $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $749,900 0.0% $324 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $749,900 -- $324 / 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 $12,480 $360,700 $188,800 $171,900
2023 $12,480 $360,700 $188,800 $171,900
2022 $11,643 $360,700 $188,800 $171,900
2021 $11,643 $360,700 $188,800 $171,900
2020 $11,395 $360,700 $188,800 $171,900
2019 $11,077 $360,700 $188,800 $171,900
2018 $10,832 $360,700 $188,800 $171,900
2017 $10,576 $360,700 $188,800 $171,900
2016 $10,385 $360,700 $188,800 $171,900
2015 $10,121 $360,700 $188,800 $171,900
2014 $9,981 $360,700 $188,800 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3869012

Garden State MLS

APN: 29-00702-0000-00002