NOT LISTED FOR SALE

Estimated Value: $676,000 - $766,000

3 Beds
2 Baths
1,850 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $670,000 $362 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,892/month

12 Days on Market

About This Home

As of December 2023

This home is located at 3 Farrand Dr, Parsippany, NJ 07054 since 27 October 2023 and is currently estimated at $707,528, approximately $382 per square foot. This property was built in 1967. 3 Farrand Dr 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

Eileen Gallagher

BHGRE GREEN TEAM Brokerage Phone: 201-383-0995 Listed on: 10/27/2023

BHGRE GREEN TEAM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,169

Year Built

  • Built in 1967

Lot Details

  • 0.41 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,169

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • County Name: Morris
  • Street Number Display: 3
  • I D: 5252881
  • Modified: 2024-12-22
  • Number Images: 1
  • Attribution Contact: 201-383-0995
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .413 AC
  • Total Acres: 0.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 15, 2023
Sold by
Galligan Martin
Bought by
Modi Vinay and Khanna Ruchi
Seller's Agent
Eileen Gallagher
BHGRE GREEN TEAM
Buyer's Agent
MANISH VERMA
COLDWELL BANKER REALTY
List Price
$599,900
Sold Price
$670,000
Premium/Discount to List
$70,100
11.69%
Total Days on Market
12
Views
130
Current Estimated Value
$707,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,528
Avg. Annual Appreciation
3.88%
Original Mortgage
$536,000
Outstanding Balance
$529,328
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$178,200

Purchase Details

Closed on
Sep 20, 2001
Sold by
Brady Margaret
Bought by
Galligan Martin and Galligan Una

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.89%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Parlin Berta
Bought by
Brady Nicholas and Brady Margaret

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

Similar Home in Parsippany, NJ

  • 426 Vail Rd, Parsippany, NJ 07054

    $705,000

    • 4 Beds
    • 1.5 Baths
    • 426 Vail Rd
    • Parsippany, NJ

    This well-maintained 4-bedroom, split level residence has over $100k in updates since 2012, including an updated kitchen with all stainless steel appliances (electric range, dishwasher, over the range microwave, and refrigerator) and granite countertops. Since then, the home has been completely renovated with new 30 year roof shingles, vinyl siding, insulated windows with Hunter Douglas faux

    Kanhan Hsiao REALTY EXECUTIVES EXCEPTIONAL

    Section Image

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
Modi Vinay $670,000 Old Republic Title
Galligan Martin $285,000 --
Brady Nicholas $228,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Modi Vinay $536,000
Previous Owner Galligan Martin $47,786
Previous Owner Galligan Una $290,000
Previous Owner Galligan Una $315,200
Previous Owner Galligan Una $344,000
Previous Owner Galligan Una $344,000
Previous Owner Galligan Martin $248,000
Previous Owner Galligan Martin $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $670,000 +11.7% $362 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $599,900 -- $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 $11,169 $322,800 $176,900 $145,900
2023 $11,169 $322,800 $176,900 $145,900
2022 $10,420 $322,800 $176,900 $145,900
2021 $10,420 $322,800 $176,900 $145,900
2020 $10,197 $322,800 $176,900 $145,900
2019 $9,913 $322,800 $176,900 $145,900
2018 $9,694 $322,800 $176,900 $145,900
2017 $9,465 $322,800 $176,900 $145,900
2016 $9,293 $322,800 $176,900 $145,900
2015 $9,058 $322,800 $176,900 $145,900
2014 $8,932 $322,800 $176,900 $145,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3871829

Garden State MLS

APN: 29-00709-0000-00018