NOT LISTED FOR SALE

362 Lake Shore Dr Parsippany, NJ 07054

Estimated Value: $582,000 - $611,000

3 Beds
2 Baths
1,625 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $485,000 $298 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,782/month

85 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Wood Flooring
  • Lake Parsippany Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of March 2021

Don't miss your chance to own this beautiful lakefront ranch with its own private island! This 3 bedroom 2 bath home is updated and ready for you to move in! Features include a kitchen with stainless appliances, master with hardwood and a private bath with tile and granite, living room with hardwood and sliders to the patio, 2nd bedroom with 2 closets, main bath with tile a & corian, central air, insulated windows, covered porch, paver driveway & patio, and a private island!

Last Agent to Sell the Property

Andrea Martone

REALTY EXECUTIVES PLATINUM Listed on: 11/10/2020

REALTY EXECUTIVES PLATINUM

Last Buyer's Agent

Andreas Karantzikos

REALTY EXECUTIVES PLATINUM

REALTY EXECUTIVES PLATINUM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Parking

  • 2 Parking Spaces
  • Paver Block

Outdoor Features

  • Lake Privileges
  • Patio
  • Storage Shed

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2329-00360-0000-00032-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,806

Year Built

Built in 1940

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Morris
  • Directions: Lake shore to # 362
  • I D: 5030300
  • Section Subdiv Development: LAKE PARSIPPANY
  • First Name: ANDREA
  • First Name3: ANDREAS
  • Last Name: MARTONE
  • Last Name3: KARANTZIKOS
  • Office Phone: 973-887-0095
  • Office Phone3: 272738
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Electric
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x20
  • Kitchen Level: First
  • Living Room Dim: 12x18
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Level: First
  • Other Room 2: Utility Room
  • Other Room2 Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Family Room, Kitchen, Laundry Room, Living Room, Utility Room
  • Phone: 973-887-0095

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio, Storage Shed, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: OilAbOut
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Lake Privileges
  • Association Maintenance Fee: 115
  • Association Maintenance Fee Frequency: Annually

Lot Info

  • Lot Size: .170 AC
  • Easement: Unknown
  • Lot Description: Lake Front
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6806
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2329-00360-0000-00032-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.948
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Shah Digant R
Bought by
Jhankhariya Bijal and Saheb Sajid
Current Estimated Value
$592,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,052
Outstanding Balance
$801,197
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
-$208,843

Purchase Details

Listed on
Nov 10, 2020
Closed on
Mar 11, 2021
Sold by
Rampersad Renuka
Bought by
Shah Digant R
Seller's Agent
Andrea Martone
REALTY EXECUTIVES PLATINUM
Buyer's Agent
Andreas Karantzikos
REALTY EXECUTIVES PLATINUM
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$388,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Velasquez Thomas M
Bought by
Rampersad Renuka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2002
Sold by
Markle Dorothy
Bought by
Velasquez Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.2%

Purchase Details

Closed on
Mar 12, 1998
Sold by
Markle Dorothy A
Bought by
Markle Dorothy A and Markle Thomas

Purchase Details

Closed on
Nov 27, 1997
Sold by
Markle Dorothy A
Bought by
Markle Dorothy A and Markle Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jhankhariya Bijal $655,000 None Listed On Document
Jhankhariya Bijal $655,000 None Listed On Document
Shah Digant R $485,000 None Listed On Document
Rampersad Renuka $400,000 Allwood Title Agency Inc
Velasquez Thomas $220,000 --
Markle Dorothy A -- --
Markle Dorothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jhankhariya Bijal $817,052
Closed Jhankhariya Bijal $817,052
Previous Owner Shah Digant R $388,000
Previous Owner Rampersad Renuka $360,000
Previous Owner Velasquez Thomas $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $485,000 -3.0% $298 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
11/14/2020 11/14/20 For Sale $500,000 -- $308 / 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 $7,996 $230,900 $150,600 $80,300
2024 $7,844 $230,900 $150,600 $80,300
2023 $7,844 $230,900 $150,600 $80,300
2022 $7,317 $230,900 $150,600 $80,300
2021 $7,317 $230,900 $150,600 $80,300
2020 $7,144 $230,900 $150,600 $80,300
2019 $6,952 $230,900 $150,600 $80,300
2018 $6,800 $230,900 $150,600 $80,300
2017 $6,648 $230,900 $150,600 $80,300
2016 $6,532 $230,900 $150,600 $80,300
2015 $6,359 $230,900 $150,600 $80,300
2014 $6,276 $230,900 $150,600 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3677521

Garden State MLS

APN: 29-00360-0000-00032