NOT LISTED FOR SALE

3 Cherry Ln Parsippany, NJ 07054

Estimated Value: $791,000 - $923,000

5 Beds
3 Baths
2,312 Sq Ft
$360/Sq Ft Est. Value

Last Sold December 29, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $5,430/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 $833,259, approximately $360 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 Agent to Sell the Property

Kenny Urbina

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

RE/MAX SELECT

Last Buyer's Agent

SU ZHENG

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,718

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

$12,718

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Morris
  • I D: 5249712
  • 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
Views
241
Current Estimated Value
$833,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,359
Avg. Annual Appreciation
5.55%
Original Mortgage
$450,000
Outstanding Balance
$432,684
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$400,575

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 --
Eagle Property Group Llc $335,000 None Listed On Document
Tankel David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao He $450,000
Previous Owner Eagle Property Group Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $12,718 $378,100 $188,800 $189,300
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

  • Kenny Urbina

    Seller's Agent in 2023

    Kenny Urbina

    RE/MAX

    2 in this area

    23 Total Sales

    Kenny Urbina
    Section Image

  • S

    Buyer's Agent in 2023

    SU ZHENG

    EXP REALTY, LLC

  • Y

    Buyer Co-Listing Agent in 2023

    YI SHANG

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3869012

Garden State MLS

APN: 29-00702-0000-00002

New Jersey Morris County Parsippany 07054

3 Cherry Ln, Parsippany, NJ

Not Listed for Sale

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